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1414 Degrees Ltd. ( (AU:14D) ) has issued an announcement.
1414 Degrees Ltd has announced significant progress in advancing its SiBrick storage media towards mass production, with two variants designed for different temperature ranges. The 1100°C SiBrick is intended for use in the SiPHyR reactor for low-cost hydrogen production, while the 1400°C SiBrick targets ultra-high temperature industrial applications. These advancements are crucial for the company’s Heat-as-a-Service business model and hydrogen technologies, offering scalable revenue opportunities as industries transition to low-carbon energy.
More about 1414 Degrees Ltd.
1414 Degrees Ltd is a leader in industrial decarbonisation, offering silicon-based solutions that align energy supply with demand and promote renewable energy adoption. The company’s key technologies include SiBrick, a thermal energy storage solution; SiBox, which provides consistent high-temperature heat for industrial processes; and SiPHyR, a methane pyrolysis reactor for low-emission hydrogen production. 1414 Degrees has demonstrated its capabilities through successful pilot projects and owns the Aurora Energy Project, a long-term renewable energy initiative in South Australia.
Average Trading Volume: 338,281
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.54M
For a thorough assessment of 14D stock, go to TipRanks’ Stock Analysis page.