Acceleware Ltd V.AXE

Andrew Gillis declared this about AXE

[Whampoa]

Geoff Clark, CEO of Acceleware said, “we are very excited to be working with the Aurora team. This collaboration is a great opportunity to advance Acceleware’s vision of decarbonization at a global scale. Together, we see terrific potential for the CTI to improve the efficiency of the Aurora reactor while also establishing a fast-track to scale up industrial hydrogen production.”

 

“Aurora is very pleased to be working with Acceleware on developing what we believe could become the most efficient, scalable, and flexible hydrogen production process in the world,” said Andrew Gillis, CEO of Aurora Hydrogen. “We see great potential for the CTI to help us achieve these goals even sooner than anticipated and look forward to next steps.”

This was well before the Alberta Innovates' $2mm grant to AXE and Aurora in Feb 2023

https://www.acceleware.com/press-releases/2022/acceleware-announces-cti-collaboration-with-aurora-hydrogen.html

[ScarletSpider]

Whampoa here is the thing the grant was a shared funding of which the anticipated cost is 5.5 million. I am assuming that the monies was put towards whatever equipment is needed to built out. There is a 3.5 million shortfall none of which is directly talked about and how this project is advancing along. One would need to do what LA is doing and that is looking at both websites and seeing what is