US Market News
21時間前
New Report from KBR Supports Potential for US$1.75/kg Hydrogen from Syntholene's Geothermal-SOEC PlatformJuly 9, 2026 9:00 AM
NewsfileTechnical Review from KBR Highlights the Advantages of Syntholene's Geothermally Integrated Solid Oxide Electrolyzer Cells for Step Change Reduction in Hydrogen CostChicago, Illinois--(Newsfile Corp. - July 9, 2026) - Syntholene Energy Corp. (TSXV: ESAF) (FSE: 3DD0) (OTCQB: SYNTF) ("Syntholene" or the "Company") announced today an independent technical and economic review evaluating Syntholene's geothermal-integrated hydrogen production platform and its potential application to low-carbon fuels, including synthetic sustainable aviation fuel ("eSAF"). Figure 1. Regional Hydrogen Production Cost Comparison (per kilogram)To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11636/304450_277c20f9c4cbc810_001full.jpgKellogg Brown and Root LLC (NYSE: KBR) ("KBR") was engaged by the Company to provide an analysis and opinion of high level technical and cost review of the Company's hydrogen technology that can be applied to eSAF deployments (the "Report"). The Report assessed Syntholene's levelized cost of hydrogen ("LCOH") methodology and conducted sensitivity analysis across key cost variables. KBR concluded that Syntholene's likely LCOH is approximately US$1.75/kg H2 under best-case Iceland geothermal scenarios and approximately US$2.10/kg H2 under broad deployment. Hydrogen is the dominant cost in synthetic aviation fuel production (IEA), and generating it at low cost is central to achieving cost competitive synthetic fuel. Recent unsubsidized estimates of comparable green hydrogen price averages across Europe were ~€$6.71/kg H2 ($US7.66) (EHO). Notably, Syntholene's LCOH target is lower than the most recent regionally comparable European benchmark for unabated fossil hydrogen produced with traditional Steam Methane Reforming ("SMR"), of which the European Hydrogen Observatory stated "the levelized production costs of hydrogen by SMR in Europe were, on average, ~€3.33/kg H2 (US$3.80) of hydrogen. (EHO)" when including the current cost of the European Carbon Price (ETS), this fossil derived Hydrogen benchmark increases the cost of SMR with carbon capture to ~€4.12/kg H2 (US$4.70). The review further states that successful operation at Syntholene's demonstration facility in Húsavík, Iceland (the "Demonstration Facility") would provide key operating data related to efficiency, thermal integration, reliability and stack degradation. The findings in the Report are based on a number of key assumptions using modelling and sensitivity analysis rather than commercial operating data or executed contracts. These assumptions include the Company's access to advantaged geothermal resources and successful thermal integration. In addition, Syntholene's LCOH estimate was based on 1200 kW size with US$1.2 million of capital expenditures, and an assumed electricity price of US$30/MWh. The Report also identifies primary risks, including electricity price variability, long-duration SOEC degradation, stack life assumptions, project-specific capital cost, and operating cost validation. The Report identified several potential technical and commercial differentiators for Syntholene, including:Integration of low-carbon geothermal electricity and thermal energy;Reduced electrical intensity through SOEC operation and heat recovery;Integration advantages with eSAF configurations, including heat and utility integration;Mitigation strategies for geothermal silica scaling through indirect fluid handling and binary-cycle-style heat exchange design; andExtension of SOEC stack operating life through dynamic AC:DC operation approach."Syntholene's core thesis is that low-cost synthetic fuel production starts with low-cost clean hydrogen, and that the lowest-cost clean hydrogen will come from systems that intelligently use both electricity and heat," said Dan Sutton, Chief Executive Officer of Syntholene. "The report identifies the major cost drivers, validates the importance of our now-operating Húsavík Demonstration Facility, and reinforces why geothermal colocation can be a structural advantage in synthetic fuel production."KBR was engaged as an independent third-party technical consultant and was paid a fixed fee for its assessment and the preparation for the Report. KBR did not receive any securities of the Company as compensation for its services. If you are interested in receiving a copy of the Report, please contact the Company at comms@syntholene.com.About KBRKBR delivers science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 36,000 people worldwide with customers in more than 85 countries and operations in over 28 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.Visit www.kbr.com.About SyntholeneSyntholene is actively commercializing its novel Hybrid Thermal Production System for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, which the Company seeks to manufacture at 70% lower cost than the nearest competing technology today. The Company's mission is to deliver the world's first truly high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale, unlocking the potential to produce clean synthetic fuel at lower cost than fossil fuels, for the first time. Syntholene operates the world's first geothermally-integrated high temperature electrolysis demonstration facility in Husavik, Iceland.Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emissions steel refining, process engineering, and capital markets, Syntholene aims to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral eFuels across global markets.For further information, please contact:
Dan Sutton, CEO
comms@syntholene.com
www.syntholene.com
+1 608-305-4835X: @Syntholene
Linkedin: Syntholene Energy
Youtube: Syntholene EnergyInvestor Relations
KIN Communications Inc.
604-684-6730
ESAF@kincommunications.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "aims", "continue", "estimate", "objective", "may", "will", "project", "should", "believe", "plans", "intends", "targets" and similar expressions are intended to identify forward-looking information or statements. All statements, other than statements of historical fact, including but not limited to statements regarding the projections or estimates made in the Report, the Demonstration Facility, testing planned at the Demonstration Facility, including the timing thereof and and the proposed use of data from such testing, commercial scalability, proposed benefits to the project from the skills of the engaged service providers, economic benefits of the Company's products relative to competitive products, the Company's ability to execute on its plans for advancement and commercialization of its technology, technical and economic viability, anticipated geothermal power availability, anticipated benefit of eFuel, and future commercial opportunities, are forward-looking statements. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including without limitation the assumption that the Company will be able to execute its business plan in the manner and timeline set forth in its public disclosure or at all, that the Demonstration Facility will operate as expected, that the engaged service providers have the skills to advance the Company's business plans, that the eFuel will have its expected benefits, that there will be market adoption, that the Company's review of the competitive landscape and that its understanding of being the world's first Company to have geothermal-SOEC integration remain accurate, that any potential competitors to the Company would not be able to develop or execute geothermal-SOEC integration as quickly or as well as the Company, that the Company will be able to produce the eFuel at competitive pricing in the range anticipated in this news release and the Report or at all, that the proposed testing will be able to be completed, and that the results from such tests will validate the Company's technology and support further commercialization, that geothermal heat will be available to the Company at the necessary levels, that the Company will continue to have access to skilled personnel with relevant experience, that regulatory requirements remain favourable for the Company, and that the Company will be able to access financing as needed to fund its business plan. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks, including, without limitation, Syntholene's ability to operate the Demonstration Facility and complete the testing, that the results of the testing will support continued commercialization and the Company's technology, that the engaged service providers do not have the necessary skills to and do not advance the Company's business plan, that there are competitors in geothermal-SOEC integration that are unknown to the Company, that the Company may not be able to produce eFuel at the targeted prices or at a price that is lower than potential competitors, that definitive commercial purchase orders for Syntholene's eFuel may not materialize, Syntholene's ability to meet production targets, realize projected economic benefits, overcome technical challenges, secure financing, maintain regulatory compliance, manage geopolitical risks, and successfully negotiate definitive terms. Syntholene does not undertake any obligation to update or revise these forward-looking statements, except as required by applicable securities laws. This news release contains future-oriented financial information and financial outlook information (collectively, "FOFI") about the cost and pricing of the eFuel product that Syntholene is seeking to commercialize, which is subject to the same assumptions, risk factors, limitations, and qualifications as set forth in the above paragraphs. FOFI contained in this news release was made as of the date hereof and was provided for the purpose of describing the anticipated effects of advancement of Syntholene's business operations. Syntholene's actual results, performance or achievement could differ materially from those expressed in, or implied by, such FOFI. Syntholene disclaims any intention or obligation to update or revise any FOFI contained in this news release, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law. Readers are cautioned that the FOFI contained herein should not be used for purposes other than for which it is disclosed herein.Readers are advised to exercise caution and not to place undue reliance on the forward-looking statements and FOFI in this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304450 Original: New Report from KBR Supports Potential for US$1.75/kg Hydrogen from Syntholene's Geothermal-SOEC Platform
US Market News
3週前
KBR Launches Inaugural Innovation Studio Powered by Applied Computing in BengaluruJune 16, 2026 3:35 AM
PR Newswire (US) BENGALURU, India, June 16, 2026 /PRNewswire/ -- KBR (NYSE: KBR) launched its inaugural Innovation Studio, powered by Applied Computing, in Bengaluru, India, establishing a base from which the two will deliver industrial AI from India.Co-located with Applied Computing's Bengaluru office, the studio serves as KBR's operational hub for remote monitoring and advisory services delivered through INSITE 3.0, powered by Applied Computing's Orbital Platform. The collaboration is built on combining Applied Computing's foundation AI for energy with KBR's process technology. The hub will deliver remote monitoring and advisory services to KBR's existing global industrial customers, while also serving as the foundation for deploying the new INSITE 3.0 AI capability to the first wave of customers later this year.In March, KBR launched INSITE 3.0, its digital delivery platform powered by Orbital, marking the first product to integrate the foundation model with KBR's process technology expertise.At the studio's opening event last week, KBR leadership hosted members of the media as well as subject matter experts, experienced field engineers, operations and maintenance specialists. The launch event offered a first look at the facility and a live demonstration of INSITE 3.0 in action.Hari Ravindran, SVP and Global Head of Technology Solutions, KBR, said: "The Innovation Studio reflects KBR's commitment to building deep technology partnerships in India and investing in the future of industrial operations here. Co-locating the KBR Innovation Studio, staffed by our operational experts, alongside Applied Computing's engineering team base, brings the best of both together: decades of process technology knowledge and a foundation model built specifically for energy. This is a long-term commitment to our customers in the region and to the engineers and specialists who will deliver for them."Dan Jeavons, President of Applied Computing, said: "India is where the future of industrial AI is being decided. The scale of operations, the pace of growth and the willingness to adopt advanced technologies are unmatched anywhere in the world. This studio launch is our chance to show, in a live control room, what foundation AI built for energy can actually do. Orbital is already delivering results at some of the largest refineries on the planet, and bringing the industry together in Bengaluru is the clearest signal yet of where we believe this technology is heading."Read more about how KBR and Applied Computing are working together to advance AI in the energy sector on kbr.com.
Learn more about Orbital at appliedcomputing.com. View original content:https://www.prnewswire.co.uk/news-releases/kbr-launches-inaugural-innovation-studio-powered-by-applied-computing-in-bengaluru-302801331.html Original: KBR Launches Inaugural Innovation Studio Powered by Applied Computing in Bengaluru
kpisme
8年前
Shorts being relentless here so time to buy, way to cheap......
http://www.volumebot.com/?s=KBR
Aggregate Short Volume Data Reported to FINRA
Date Short Volume Total Volume Short Percent
02-16-2018 109,550 189,136 57.92%
02-15-2018 109,811 189,484 57.95%
02-14-2018 99,376 204,854 48.51%
02-13-2018 130,052 259,734 50.07%
02-12-2018 228,804 399,307 57.3%
02-09-2018 243,033 608,330 39.95%
02-08-2018 359,625 1,447,211 24.85%
02-07-2018 88,973 613,573 14.5%
02-06-2018 211,261 379,402 55.68%
02-05-2018 177,376 370,366 47.89%
02-02-2018 142,103 209,676 67.77%
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