Hydrofuel Canada Inc. has reached an agreement to acquire 100% percent of Issaquah, WA, USA based Kontak Hydrogen Storage LLC in an all stock transaction.
Kontak's technology can efficiently release hydrogen from a dozen potential carrier molecules identified so far. Of the carriers, the highest storage capacity is anhydrous ammonia, with (17.3% hydrogen by weight) stored in liquid form like propane.
By storing hydrogen in ammonia, the weight of the fuel is reduced as hydrogen is consumed, making it ideal for commuter, eVTOL, drone, and regular aircraft travel of up to 5000 km, as well as for marine, transport truck, agricultural and industrial engine, and power generation uses.
Kontak's patented reactor is an effective method for releasing hydrogen. The hydrogen is filtered and sent directly to a fuel cell or internal combustion engine. The technology was developed under a National Science Foundation Grant. Kontak also has patents pending on a low-cost combined hydrogen, ammonia, and battery energy station technology that can store as much as three times the energy of conventional systems.