CARBONMETA TECHNOLOGIES INC Stock Price, News & Analysis

CarbonMeta Technologies Inc. (OTC PINK:COWI) announced the successful pilot production of EarthCrete Cementless Concrete at a precast block manufacturing plant in Riyadh, Saudi Arabia. This innovative concrete is carbon-negative, capturing over 10% CO2 by weight during production. CarbonMeta has partnered with a leading brick manufacturer, aiming for a production capacity of over 20,000 blocks daily. The company is pursuing strategic collaborations to support Saudi Arabia's sustainability goals under Vision 2030 and plans to establish a regional office in Riyadh.

CarbonMeta Research Ltd, a subsidiary of CarbonMeta Technologies (OTC PINK:COWI), has signed a patent license agreement with King Abdul University of Science and Technology (KAUST) to develop a microwave catalysis technology for converting methane into clean hydrogen fuel and high-value carbon products. This partnership aims to deliver affordable and sustainable solutions for hydrogen production, which is projected to grow from $160 billion in 2022 to $263 billion by 2027. CarbonMeta is also seeking joint ventures with natural gas companies to enhance production efficiency.

CarbonMeta Technologies Inc. (OTC PINK:COWI) reported its first revenues since its 2021 launch with gross revenues of $41,335 for the six months ended June 30, 2022, compared to $0 in the same period of 2021. Gross profits also increased to $33,706. However, operating expenses surged to $439,243, resulting in a loss from operations of $405,537. The net loss for the 2022 Period was $6,347,736, down from $49,880,221 the previous year, largely due to reduced derivative liabilities.

CarbonMeta Technologies (OTC PINK:COWI) has formed a new Science Advisory Board comprising distinguished academics from leading universities, including The University of Oxford and Cardiff University. The board aims to enhance the company's research and innovation in renewable energy technologies, specifically focusing on transitioning to sustainable hydrogen and electric vehicle battery materials. Professor Peter Edwards will chair the board, bringing extensive experience in renewable technology. Other notable members include Sir Colin Humphreys and Professor Peter Dobson, enhancing the company's scientific expertise.

CarbonMeta Technologies (OTC PINK:COWI) has appointed Sergio González-Cortés as the new Director of Research & Development at its subsidiary, CarbonMeta Research. With two decades of experience in heterogenous catalysis, González-Cortés will lead R&D efforts, focusing on sustainable chemical processes. His role will involve sourcing new intellectual property and managing partnerships, including a project in Spain. Recent initiatives include trials converting plastic waste into hydrogen and carbon nanomaterials, alongside developing the carbon-negative EarthCrete product, demonstrating the company's commitment to environmental solutions.

CarbonMeta Technologies (COWI) announced groundbreaking results from lab tests at the University of Oxford, confirming that its EarthCrete Cementless Concrete is carbon-negative, capturing up to 10% CO2 by weight during production. A single project using 500 cubic meters of EarthCrete could absorb 132 metric tonnes of CO2, equivalent to emissions from 66 diesel vehicles annually. The company secured a $750,000 order for EarthCrete for solar projects and anticipates $2 million in potential sales orders over the next year, highlighting the urgent need for sustainable materials amidst rising global emissions.

CarbonMeta Technologies (OTC PINK:COWI) is collaborating with the Universities of Oxford and Cardiff to commercialize a breakthrough microwave catalysis technology that transforms plastic waste into clean hydrogen fuel and valuable carbon nanomaterials. This process can convert one metric ton of plastic with catalysts into hydrogen sufficient to heat approximately 200 homes and produces 900 kg of graphite. The company is conducting a project in Spain to optimize plastic waste processing and aims to establish global commercial partnerships. Results are expected by Autumn 2022.

CarbonMeta Technologies Inc. (OTC PINK:COWI) has started a collaboration with a major European multi-energy provider to explore processing mixed plastic waste into clean hydrogen fuel and valuable carbon products through microwave catalysis.

This initiative aims to commercialize waste plastic conversion processes, assisting in producing hydrogen, graphite, graphene, and carbon nanotubes. The project highlights a commitment to achieving net-zero emissions by 2050 and focuses on analyzing various plastic waste combinations for large-scale processing.

CarbonMeta Technologies Inc. (OTC PINK:COWI) has announced the launch of its multiwalled carbon nanotube product, aimed at diverse applications such as reinforced composites, conductive paper, and energy storage solutions. According to Wintergreen Research, the global carbon nanotube market is expected to rise from $4.5 billion in 2022 to over $12 billion by 2027, driven primarily by the lithium-ion battery sector. CarbonMeta plans to collaborate closely with clients to optimize these technologies for practical use.