(MENAFN- ProactiveInvestors) () a company that has invented a patented process that converts liquid waste into a hydrogen-based fuel said it has appointed U.S. Marine Corps Lieutenant General Keith J. Stalder to its advisory board.
The news follows the appointment of UN ambassador Jack Brewer earlier this month helping to facilitate strategic partnerships for as well as fostering government relations sales and global expansion efforts.
said that Lt. General Stalder will advise on various military opportunities and how they can apply to the company. "The company believes there are strategic opportunities within the military that are a perfect fit for our technology" said CEO Ermanno Santilli.
Stalder has had a distinguised military career spanning several decades. He led the Marine Corps' F/A-18 Hornet Introduction Team (HIT) and was the Deputy Director for Plans and Policy United States Central Command during Operation Enduring Freedom.
Lt. General Stalder also previously served as the Deputy and Commanding General 1st Marine Expeditionary Brigade and Deputy Commanding General I Marine Expeditionary Force in Operation Iraqi Freedom I.
In 2008 Stalder was nominated for appointment as the Commander U.S. Marine Corps Forces Pacific; Commanding General Fleet Marine Forces Pacific; and Commander Marine Corps Bases Pacific before retiring in 2010.
' advisory board is designed to help the company with strategic opportunities. It has established positions on the board to represent the military agriculture utility industrial gas and international sales sectors.
has an aggressive plan to expand the sales of its promising hydrogen-based fuel which is looking to make waves in the industry as a greener natural gas alternative that has lower emissions than any fossil fuel currently on the market.
Its process to convert liquid waste into its hydrogen-based fuel known as involves the flow of carbon-rich liquid feedstock through a 10000 degree Fahrenheit electric arc between two carbon electrodes. The process sterilizes the liquid waste which can include anything from manure or sludge to medical waste and produces the hydrogen-based fuel which also contains carbon and trace gases.
The company continues to implement its three-pronged strategy aimed at bringing to exit 2015 at a break-even run rate. This includes industrial gas sales for the metal working market equipment sales for liquid waste processing and the use of for the co-combustion of hydro-carbon fuels to reduce emissions.
Its target market is the $5 billion metal cutting industry where is seeking to replace acetylene claiming its home-grown US patented hydrogen-based gas is cheaper uses 34 percent less oxygen and also cuts 38 percent faster. also dissipates into the air unlike acetylene which pools on the ground and creates a major risk for an explosion.
Shares of the company are trading at 67 cents up 1.5 percent on Friday morning.
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