Comstock Subsidiary Inks Exclusive License And Cooperative Research And Development Agreement With DOE's National Renewable Energy Laboratory
Portfolio Pulse from Benzinga Newsdesk
Comstock's subsidiary has signed an exclusive license and cooperative research agreement with the DOE's National Renewable Energy Laboratory. This agreement grants Comstock IP Holdings the rights to use NREL technologies for processing seed plants into renewable fuels, excluding certain plant types, in exchange for royalties.
October 02, 2024 | 10:04 am
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Comstock's subsidiary has secured an exclusive license with the DOE's NREL, enhancing its capabilities in renewable fuel technology. This could strengthen Comstock's market position in the renewable energy sector.
The agreement with NREL provides Comstock with exclusive rights to advanced technologies for renewable fuel production, which could lead to new product offerings and revenue streams. This positions Comstock favorably in the growing renewable energy market, likely leading to positive investor sentiment.
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