May-August has been particularly busy at Quadrise.
In May, after three months without an office, we moved into our new serviced offices in London. The new office is much more cost-effective, and the open-plan design really encourages collaborative working.
In June, we finalised our 2021-23 business plan, building on the work carried out to support our recent successful fundraise. This exercise reaffirmed that we remain fully funded to progress to commercial revenues and sustainable cashflow during H2 2022 (subject to delivering successful test/trials and then negotiating commercial supply agreements).
Quadrise Fuels International plc (LON:QFI) is the global innovator and licensor of disruptive heavy oil technology that produces MSAR® fuel. The Quadrise team is a unique combination of energy sector experts and fuel specialists that were instrumental in the prior commercialisation of 60 million tons of Orimulsion® fuel worldwide.