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Publicly-traded AmmPower Corp. to acquire controlling interest of 50.05% in privately-held Progressus Clean Technologies Inc. from Aberdeen and certain other shareholders Aberdeen to sell its holdings in Progressus Clean Technologies Inc. for 41,254,125 common shares of AmmPower Corp. Acquisition creates a unique technology platform and value proposition while unlocking value […]

As a result of significant due diligence, Progressus board and management determined that the proposed sale to BioQuest Corp would not provide a satisfactory outcome for Progressus shareholders Parties have discontinued negotiations pursuant to the LOI previously announced on June 23, 2022. No definitive agreement had been entered into between […]

Pilot project to provide in-field proof of concept and operational data  Advancing a potential solution for global utility companies to blend hydrogen and natural gas JV structured to support potential future growth and additional partnerships Toronto, Canada – September 20, 2022 – Progressus Clean Technologies Inc. (“Progressus” or the “Company”) […]

Global Green Hydrogen market expected to reach US$72 Billion by 2030(4) with growth anticipated at a 54.7% CAGR between 2021 and 2028(3) Progressus’ advanced electrolyzer system (AES) intellectual property shown to provide up to 70% energy cost savings relative to conventional electrolyzer technologies Progressus’ AES intellectual property capable of extracting […]

Newport Beach, CA – June 23, 2022, BioQuest Corp, (OTC:BQST) (the “Company” or “BioQuest”) and Progressus Clean Technologies Inc. (“Progressus”) announces today, they have executed a letter of intent (“LOI”) whereby BioQuest shall acquire all of the issued and outstanding shares of Progressus, a private company incorporated in Delaware.   […]

European Commission announces plan to transform Europe’s energy system ending dependence on Russian fossil fuels Commission proposes a new headline target to meet 45% renewable energy by 2030 including 10 million tonnes of domestic renewable hydrogen Progressus Clean Technologies, through its technology platform, intends to assist with Europe’s transition to […]

Formation of advisory board will accelerate technology development and commercialization for Progressus technology products  Pinakin Patel, world renowned hydrogen expert, named as chairman of advisory board for Progressus Clean Technologies Mr. Patel’s appointment will ensure Progressus technology meets development and commercial milestones through deep technology and supply chain expertise  Mr. […]

“Progressus Clean TechnologiesTM” announced as the new name and brand for leading green hydrogen company, AES-100 Inc. New branding under the Progressus Clean Technologies banner a major first step towards successful commercialization of the technology As development of innovative home power unit continues, new name will strategically differentiate product offering […]

TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB F: A8H, OTC: AABVF) is pleased to announce that Pinakin Patel, co-founder of AES-100 Inc, and lead inventor of the Advance Electrolyzer System technology (AES) for green hydrogen production, has been elected to the […]

Consistent with an accelerated operational and commercial timeline for AES technology, the Board of Directors of AES-100 Inc. has appointed Channce Fuller to lead the company’s expedited development agenda Mr. Fuller joins AES-100 Inc. with a background in commercial and operational leadership as an executive at one of North America’s […]