IN MARCH 2020, TWO COMPANIES FROM MONACO AND THE NETHERLANDS FORMED A PARTNERSHIP TO DEVELOP A BUSINESS STRUCTURE AND COMMERCIALIZATION PLAN FOR OUR TECHNOLOGY. THIS LED TO THE CREATION OF TIB-TEC AG, A SWISS SHARE COMPANY, AND TI HOLDINGS B.V., A DUTCH FINANCIAL ENTITY FOR RESEARCH AND DEVELOPMENT FUNDING.
In March 2020, the cooperation between two companies, a non-trading partnership under the laws of Monaco and a Dutch limited liability company B.V.(Besloten vennootschap) was formed to develop a business structure and commercialization plan for our Technology. This process eventually led to the current company TIB-TEC AG (“TIB-TEC”), a share company incorporated under the laws of Switzerland with seat in Baar, Zug. Further, in July 2020, a financial entity was registered in the Netherlands as an investment vehicle for funding of the research and development of the technology, TI Holdings B.V. In April 2022, TIB-TEC became the parent company of TI-Holdings B.V. After a first round of funding was closed, TIB-TEC was able to start developing our technology.
In August 2022 TI-Holdings B.V. entered into an intellectual assignment agreement concerning the assignment of the intellectual property rights relating to our Technology.
TIB-TEC AG recently organized an event for its investors on November 29th, 2023 in Amsterdam, hosted by its CEO, Kai Niedermeyer, alongside the Board of
SUCCESSFUL FEV EUROPE TEST OF TIB APPLICATION – HIGH DEMAND FOR GREEN HYDROGEN AROUSES INTEREST. Following the successful completion of tests at the independent FEV
The wholly-owned subsidiary of TIB-TEC AG, TI-Holdings B.V., purchased the intellectual property rights of the Group’s Technology.
Numerical simulations (using various operational & design parameters) has been completed. The simulation was executed to validate temperature/pressure conditions in the TIB-Device.
Prototype has been 3D printed in polymer for air flow tests, with further design modifications being implemented prior to 3D printing MVP.
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