KBR, Inc. provides science, technology, engineering, mission support, and long-term operations and maintenance services to government and commercial customers worldwide. News about KBR commonly centers on its Mission Technology Solutions contract awards, including U.S. military logistics, base operations, data analytics, aviation safety, transportation systems, and readiness support under programs such as AFCAP V and LOGCAP V.
KBR updates also cover quarterly financial results, bookings, margins, share repurchases, and technology initiatives. Its Sustainable Technology Solutions activity includes engineering and project delivery for energy-sector technologies, including lithium extraction, refining, and conversion offerings such as PureLi and alliance-based deployment of Li-Capt technology.
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KBR (NYSE: KBR) has secured an engineering and design services contract from Chemours, part of a $200 million investment aimed at enhancing its Nafion™ ion exchange materials platform. This technology is pivotal in the hydrogen economy, facilitating clean hydrogen production through water electrolysis. KBR's involvement supports its strategic direction in clean hydrogen and specialty chemicals, enhancing its existing partnership with Chemours. Jay Ibrahim, president of KBR's Sustainable Technology Solutions, emphasized the significance of this contract for promoting sustainability and advancing energy transition. KBR's experience in the hydrogen value chain positions it as a key player in delivering innovative solutions for a cleaner future.
KBR (NYSE: KBR) announced a joint development agreement with ISU Chemical Co. Ltd. on April 19, 2023, to design a commercial-scale lithium sulfide (Li2S) unit for next-generation battery technology. As the exclusive licensor of this innovative technology, KBR aims to advance the production of all-solid-state batteries, known for their safety, efficiency, and enhanced power storage capabilities. Doug Kelly, KBR's President of Technology, emphasized the importance of this collaboration in promoting renewable energy utilization. The partnership combines ISU Chemical's R&D expertise with KBR's extensive experience in process technologies, aiming to achieve cost competitiveness and supply stability in lithium sulfide production, a crucial component for modern batteries.