TIB-TEC AG has increased its commitment to investments in research and development and the WIPO patent application for the TIB-TEC technology, which started in the second quarter of 2023.
The positive results of a series of functionality and continuity tests conducted in the fourth quarter of 2023 confirm the data and expectations from our earlier tests. We have thus achieved our goal of an experimental proof of concept (TRL 3), which successfully demonstrated the feasibility of our technology under real-life conditions.
We are proud to announce that we have achieved our goal of producing green hydrogen with commercial viability. This milestone marks a significant step in the optimization of the TIB solution and paves the way for further progress and commercialization efforts.
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