Hazer Group Enters Into Binding Alliance Agreement With Kellogg Brown And Root For Commercial Deployment And Licensing Of Hazer's Proprietary Methane Pyrolysis Technology

+1.17% Post

KBR, Inc.

KBR

0.00

Binding strategic alliance with KBR (NYSE: KBR), a world-leading engineering group and global technology licensor set to supercharge Hazer's commercialisation strategy
Hazer is KBR's exclusive partner for marketing and licensing of methane pyrolysis technology
Clear revenue visibility targeting multiple license deals within 6 years, materially derisking Hazer's business

plan
Capital-lite licensing model maintained; KBR A$3million work program contribution preserves Hazer's robust funding position
Strengthens Hazer's market penetration into high-growth market segments of ammonia and methanol, and regions including North America and Middle East

PERTH, Australia, May 05, 2025 (GLOBE NEWSWIRE) -- Hazer Group Ltd ("Hazer" or "the Company") (ASX: HZR) is pleased to announce it has entered into a binding Alliance Agreement (the "Alliance") with Kellogg Brown and Root LLC (NYSE:KBR, "KBR"))) a global leader in technology and engineering solutions, for the commercial deployment and licensing of Hazer's proprietary methane pyrolysis technology.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.