The Design and Development of the Most Advanced Green Hydrogen Atomic Reactors in the World Was Completed in April 2024 at the Coates International, Ltd. Research and Development Facility in New Jersey, USA

Rhea-AI Summary

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.

Positive

• Completion of testing on Advanced Green Hydrogen Atomic Reactor design
• Firm orders received from domestic and international companies
• Technology achieves 50% fuel savings with ultra-low emissions
• Working on larger 1 MW and 2 MW units to fulfill existing orders
• Negotiating licensing agreements globally
• Multiple patents awarded with more in the application process
• Developed multiple related technologies

Negative

• Significant R&D investment of approximately $40 million over years

Wall Township, NJ , Oct. 02, 2024 (GLOBE NEWSWIRE) -- Coates International, Ltd. has completed all tests on its most Advanced Green Hydrogen Atomic Reactor design. A number of independent tests were carried out on industrial electric power generators (diesel + Green Hydrogen) and (natural gas + Green Hydrogen). The company is now focusing on manufacturing their Green Hydrogen Atomic Reactors here in the United States.

Many firm orders have been received from companies in the USA and abroad. Proposed transactions are in negotiation.

Mr. George J. Coates, President and CEO, comments, “No other company in the world has this technology of our Green Hydrogen Atomic Reactors. The systems are totally safe and the hydrogen is used up as it is produced. It only uses 1% of the energy produced by the industrial electric power generator at approximately 50% fuel savings while producing ultra-low clean emissions. We are now working on the larger industrial (1 MW) (2 MW) units to fill existing firm orders.”

The company is, also, negotiating licensing with a number of companies around the world. Coates International, Ltd. has already been awarded many patents with more in the application process. Companies and governments have invested billions of funds trying to do what we have already done. We do not store hydrogen. Hydrogen is in almost all elements and is highly explosive, so storing hydrogen is a dangerous situation. Hydrogen is colorless, however, the way hydrogen is produced from natural gas H₂ is grey. Blue Hydrogen uses the same process. Green and Blue are less expensive to produce, depending on the process.

We have invested approximately $40,000,000 USD in R & D over many years. Coates International, Ltd. has designed and built the following technologies:

• The Coates CSRV Industrial Generator Engines
• The Coates Sequential Multi-Fuel Injection System
• The Coates Most Advanced Green Hydrogen Atomic Reactor
• The Coates Magnetized Charcoal Ambient Air Cleaning System is in the patenting process

• The Coates Internal Turbine Windvane is in the patenting process

Hydrogen is approximately 90% of all atoms in the universe. It has the capacity to power industry, fuel heavy vehicles and ships, electric power stations, and more. Hydrogen does not emit harmful emissions, only water vapor, which makes it a clean low-emissions fuel. The approximate size of the hydrogen market globally is estimated to be more than $1,500,000,000,000 USD.

Contact Information: 

Coates International, Ltd. 
Phone: 732-449-7717 
Fax: 732-449-0764 
www.coatesengine.com

FAQ

What is the main achievement announced by Coates International, (COTE) in October 2024?

Coates International, (COTE) announced the completion of testing on its Advanced Green Hydrogen Atomic Reactor design in October 2024.

How does Coates International's (COTE) Green Hydrogen Atomic Reactor technology perform in terms of efficiency?

The technology uses only 1% of the energy produced by industrial electric power generators while achieving 50% fuel savings and ultra-low emissions.

What are the next steps for Coates International (COTE) regarding their Green Hydrogen Atomic Reactor technology?

Coates International (COTE) is focusing on manufacturing the reactors in the United States, working on larger 1 MW and 2 MW units to fulfill existing orders, and negotiating licensing agreements globally.

How much has Coates International (COTE) invested in R&D for their hydrogen technology?

Coates International (COTE) has invested approximately $40 million in R&D over many years for their hydrogen and related technologies.