MagneGas, the Tampa-based developer of a revolutionary liquid waste to hydrogen-based fuel known as MagneGas™ (very similar to HHO or Oxyhydrogen in post combustion), which is created using the company’s patented Plasma Arc Flow™ technology (using a ~10k°F plasma arc) that can turn almost any liquid waste into a clean, green fuel that is ideal for a wide range of uses, reported reception today of the initial $276k payment ($223k remaining) from Kazakhstani customer, Astana TechCom, Inc., which has purchased a custom-built mobile Plasma Arc Flow gasification system.
The MagneGas fuel is a marvel of metal cutting prowess, it cuts cleaner than acetylene and emits oxygen when burned as a byproduct, making it ideal for metal work being done in tight fits, such as inside the hull of a ship. MNGA has a solid track record rolling out custom builds of their MagneGas recyclers and the units provide an exceptionally cost effective way to do on-site liquid waste conversion, functioning in both a complete gasification mode (best for oily or hazardous wastes) that is fuel production focused and in a sterilization mode, allowing for high-cap agricultural waste, sewage, and sludge processing. Both modes produce MagneGas, as well as easily handled carbon precipitates that are being developed for use in the manufacturing of electrodes, but in the sterilization mode the recycler produces a completely sterilized and liquid which is retained within the sealed environment of the unit. MagneGas is essentially interchangeable with natural gas and thus provides certain obvious logistical advantages to customers from an implementation standpoint as well.
Astana TechCom, located in the capital of Kazakhstan, will trial the small (custom-built for demoing) mobile gasification system before targeted energy, medical facility and university interests, who are natural primary first consumers of the technology. This deal provides MNGA with a highly localized marketing tool administrated by a well-connected Kazakhstani company and represents a major step into Central Asian markets for this transformative technology, a technology which is destined to make a significant impact sector-wide across the industrial gas, as well as liquid waste treatment markets. On-site sterilization and fuel production for cooking, heating and even co-combustion with fossil fuels makes MagneGas an extremely attractive option for the region as a whole, especially considering the relative remoteness of certain operations or lack of underlying nearby infrastructure.
Astana TechCom Director and University Scientist, Dr. Ascar Aringazin, hailed the custom mobile Plasma Arc Flow gasification platform as an exceptional way to help proliferate the technology to a larger market throughout Central Asia and projected mounting regional distribution as an inevitable result of showcasing the tech in this area. Dr. Aringazin emphasized the strong economic, as well as diplomatic ties between the U.S. and Kazakhstan that stretch back to 1991, obviously proud of Kazakhstan being the leaping off point for the technology to broader Central Asian markets and obviously quite keen as well to fully seize/maintain a leadership role in MagneGas system distribution.
CEO of MNGA, Ermanno Santilli, touted the small footprint of the custom unit and the synergies presented by not having to transport liquid wastes around due to custom unit’s mobility. Santilli explained that this mobile design is the perfect way for Astana TechCom to demo the unit to customers and distributors, who will be able to get a first-hand look, personally verifying the liquid sterilization/gasification capabilities of this readily scalable technology. The sale of this one unit will rapidly accelerate market penetration in this underserved region and Santilli was particularly eager to get a look at and share test results from Kazakhstan’s energy and medical industries.
The versatility of the MagneGas fuel, the fact that the technology can be up-scaled on a site by site basis to meet the exact needs of the client and the benefits of not having to deal with costly, as well as problematic transportation of liquid wastes, all contribute to MagneGas having a bright future in Central Asia. Final payment and delivery of the company’s first unit into this huge market is anticipated for early next year (February) and the Astana TechCom acquisition really should be a signal to investors about how robust MNGA’s systems have truly become since the company’s inception back in 2007.
To get a closer look head over to the MagneGas Corporation website at www.MagneGas.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
