Quadrise is entering a pivotal phase as its low-emission fuel technologies move closer to commercial adoption. Recent funding, strategic collaborations, and imminent global trials are converging to position the company at the forefront of clean energy solutions for marine and industrial markets.
Quadrise has reinforced its financial footing with a £6.5 million raise in January, increasing its cash reserves to £7.1 million by the end of February 2025. These funds are expected to sustain operations through to projected revenue generation and positive cash flow in mid-2026. Following this raise, Quadrise signed a joint development agreement with Australian firm Licella Holdings to explore the use of Licella’s bio-intermediate product in Quadrise’s renewable fuel offerings, bioMSAR and bioMSAR-zero. This collaboration aligns with global efforts to source sustainable feedstocks for cleaner fuel production.
At the operational front, Quadrise is progressing towards marine commercialisation. A collaboration agreement signed with MSC and Cargill in late 2024 will see a comprehensive trial aboard the MSC Leandra V, set to launch in Q2 2025. The trial, taking place at the MAC2 terminal in Antwerp, includes proof-of-concept and performance baseline testing with both MSAR and bioMSAR fuels. The goal is to achieve a letter of no objection from engine manufacturer Wartsila—an essential milestone for broader commercial deployment.
Further momentum comes from expected trials in Morocco and Panama. At OCP Group’s site in Jorf Lasfar, a commercial-scale test is planned before the end of June 2025. Simultaneously, a four-stroke diesel engine trial with Sparkle Power in Panama is set to begin within the same timeframe. In parallel, Valkor in the US has agreed to a staged $1 million licence fee to access Quadrise’s proprietary technology and services, with early processing samples already shipped for validation.
These efforts are underpinned by tightening international maritime regulations. The International Maritime Organisation’s push for lower greenhouse gas intensity and emissions pricing is accelerating demand for low-emission alternatives. Quadrise is uniquely positioned to benefit, offering drop-in fuel solutions that extend the life of existing fleets and infrastructure while cutting costs and emissions.
Quadrise plc (LON:QED) is an energy technology provider whose solutions enable production of cheaper, cleaner, simpler and safer alternatives to fuel oil and biofuels, proven in real world applications. Quadrise technologies produce transition fuels called MSAR® and bioMSAR™, which allow clients in the shipping, utilities and industrial sectors to reduce carbon emissions whilst also saving costs.
