Active Energy Group plc (LON:AEG, OTCQB: ATGVF), a producer of sustainably-sourced, energy-dense clean carbon products and technologies, has announced its unaudited interim results for the six months ended 30 June 2023.
HIGHLIGHTS
Operational highlights
· Added industry skills and significant experience to senior leadership team in the US driving the future growth of the Company:
o In March 2023, appointment of Steve Schaar as Chief Operating Officer for the Group to focus on the specific development of CoalSwitch® production facilities in the United States and Canada.
o In July 2023, appointment of Barron Hewetson as Chief Technology Officer to focus on the future development of CoalSwitch® products and production methods.
· Continued focus on increasing the intellectual property (“IP”) portfolio with Patents and Trademarks for CoalSwitch® awarded in the US, Canada, Europe (including the UK) and additional trademark applications have commenced in the US and throughout Asia.
· Accelerated the development of CoalSwitch® product types and manufacturing methods to meet future customer demands for sustainably sourced, energy-dense clean carbon products.