Welcome to our dedicated page for Coates news (Ticker: COTE), a resource for investors and traders seeking the latest updates and insights on Coates stock.
Coates International, Ltd. (COTE) drives innovation in sustainable engine technology through its patented CSRV systems and hydrogen energy applications. This page aggregates official announcements, strategic developments, and operational updates critical for understanding the company's position in clean energy and industrial markets.
Access real-time information on technology licensing deals, hydrogen power system developments, and strategic partnerships across automotive, marine, and energy sectors. Our curated news collection helps stakeholders track COTE's progress in enhancing engine efficiency while reducing environmental impact.
Key updates include patent filings, manufacturing expansions, and clean energy initiatives that demonstrate the company's technical capabilities. Regular updates cover operational milestones relevant to both traditional engine markets and emerging hydrogen economy opportunities.
Bookmark this page for streamlined access to COTE's latest advancements in spherical valve technology and hybrid power solutions. Check back frequently to monitor how the company bridges mechanical innovation with sustainable energy demands across global industries.
Coates International Ltd. (COTE) and Advanced Hydrogen Power, Ltd. have entered into a definitive agreement to be acquired by an undisclosed private bank for $400 million. The transaction, signed on April 2, 2025, includes the sale of both companies along with all their technologies and patents.
The deal structure allocates $300 million to the sellers, $75 million for working capital and expansion of the companies, and $25 million for broker fees. Current majority owners George J. Coates (CEO) and Gregory G. Coates (VP) will remain with the companies to establish manufacturing operations.
Coates International, has completed testing on its Advanced Green Hydrogen Atomic Reactor design. The company is now focusing on manufacturing these reactors in the United States, with firm orders received from domestic and international companies. The technology is described as unique and safe, using only 1% of the energy produced by industrial electric power generators while achieving 50% fuel savings and ultra-low emissions.
Coates is working on larger 1 MW and 2 MW units to fulfill existing orders and is negotiating licensing agreements globally. The company has invested approximately $40 million in R&D over the years and has developed multiple technologies, including CSRV Industrial Generator Engines and a Sequential Multi-Fuel Injection System. The global hydrogen market is estimated to be worth over $1.5 trillion.
Coates International has successfully developed its first production-quality Hydrogen (H2) Reactor, designed to integrate with its CSRV® Electric Power Generator-Sets. This innovative reactor consumes under 1% of the power generated, indicating efficient power usage. Management expresses enthusiasm about reaching this milestone, with plans for production operations in motion. The company aims to produce electric power from water and seawater, marking a significant advancement in green technology. Future patent filings are anticipated as interest grows for establishing production in various countries.
Coates International, Ltd. (COTE) has received firm orders totaling $7.125 billion for its CSRV® Hydrogen Electric Power Industrial Generators and H2 Reactors. The research and development phase is complete, with the first production models currently being built. Units with outputs of 100 k.W., 150 k.W., and 200 k.W. are slated for shipment this year, while 1 M.W. units are expected to follow in 2023. The company claims these generators are among the cleanest in the world and aims to tackle global warming.
Coates International and Advanced Hydrogen Power have developed a groundbreaking system for producing gaseous hydrogen at no cost. The new system operates independently of the CSRV® Electric Power Generator, making it possible to generate electric power with minimal costs and zero emissions. The hydrogen is produced from ordinary water, unlike traditional costly methods. The company emphasizes safety with its innovative designs that prevent hydrogen storage risks. Production will commence soon, and negotiations with potential partners are ongoing.
