Dotz Nano (ASX:DTZ) has submitted a patent application that covers a ‘significant’ simplification of the manufacturing and scale-up process for its point-source capture technology DotzEarth.
The $71.47 million market capitalisation company is seeking to ‘strengthen’ its intellectual property position in relation to the technology following a completed technology transfer.
Dotz Nano completed a technology transfer of the carbon-based soil sorbent platform technology DotzEarth from Rice University to the Dotz facility.
The company says the transfer completion is an ‘important’ step in advancing its innovative technology development towards the design and manufacturing of a bench scale unit that will establish a technology demonstration at lab-scale.
Dotz expects this to be established in the first half of 2024.
Dotz’s point-source capture technology, DotzEarth, utilises plastic waste to produce a carbon-based solid sorbent with nanosized pores to capture and store CO2 from flue gas.
The technology transfer from Rice University involves Dotz utilising newly installed pyrolysis reactors to manufacture carbon-based solid sorbent at gram quantities per batch, achieving an important milestone in the company’s efforts to develop efficient CO2-capturing technologies.
Rice University has confirmed the performance of Dotz’s solid sorbent to be comparable to the sorbent synthesised at its institution.
Dotz Nano Chief Executive Officer (CEO) Sharon Malka says the technology transfer and patent application are ‘important’ milestones for the DotzEarth development plan.
“This will allow us to rapidly optimise our sorbent-based technology for CO2 capture and advance our breakthrough technology as a viable solution for industrial decarbonisation, which we believe is a multi-billion dollar market opportunity.”
“This will allow us to rapidly optimise our sorbent-based technology for CO2 capture”
Dotz Nano is a nanotechnology company focused on developing innovative climate and industrial nanotechnology applications.
DotzEarth is a new era of sorbents powered by nanotechnology. Dotz uses plastic waste as the primary raw material for the sorbents.
Write to Aaliyah Rogan at Mining.com.au
Images: Dotz Nano