ClearSign Technologies Collaboration Partner Narion Corp. Receives $250,000 SBIR Grant To Develop Flare Methane Sensor
Portfolio Pulse from Happy Mohamed
ClearSign Technologies Corporation's partner, Narion, has been awarded a $250,000 phase one SBIR grant from the Department of Energy to develop a technology utilizing ClearSign's sensor. This technology will enable the efficient and complete combustion of flared waste gas, reducing greenhouse gas emissions and the carbon emissions of flaring systems.
July 13, 2023 | 1:01 pm
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POSITIVE IMPACT
ClearSign's sensor technology will be used in a project funded by a $250,000 grant, which could lead to increased visibility and potential revenue for the company.
The news of the grant and the use of ClearSign's technology in the project is positive for the company. It not only validates the company's technology but also opens up potential revenue streams from the commercialization of the resulting products. This could lead to increased investor interest and a potential rise in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100