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Quadrise PLC - London-based clean energy technology provider - Agrees with Vertoro BV to extend the scope of its joint development agreement to include the development of its emulsion technology, bioMSAR Zero incorporating CSO, for testing at sea on-board a newly-designed prototype motor yacht. The firms, which have been collaborating since September 2022, will carry out a land based testing programme to investigate the performance of both premixed and blend-on-board bioMSAR Zero solutions. Chief Executive Officer Jason Miles says: ‘While we continue to focus on moving our current projects towards revenues, it is also important that we progress our efforts towards longer term zero emissions solutions. Quadrise is pleased, therefore, to extend its JDA with Vertoro to accelerate the development of bioMSAR Zero on board a Focus Motor Yacht. This innovative approach together with a leading yacht builder will help deliver and advance our joint net-zero ambitions for the future.’ Current stock price: 1.53 pence, down 0.2% 12-month change: up 13% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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