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. The event served as a platform to provide comprehensive updates
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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