The use of Hydrogen consumes 12% of the world’s production of natural gas. The primary consumers are for ammonia or for refineries. BayoTech’s hydrogen production is possibly the most efficient producer of hydrogen in the world.
ALBUQUERQUE, N.M., April 6, 2018 /PRNewswire/ -- BayoTech, Inc., developer of advanced chemical reactors for the distributed production of hydrogen and fertilizers, today announced it has closed a $12.5 million Series B round of financing. The funds will be used to expand the company's infrastructure and complete the commercialization of its technology.
Albuquerque-based chemical reactor company BayoTech was announced Monday morning as the first business to receive money from the $20 million Catalyst Fund.
LONDON, Feb. 24, 2017 /PRNewswire/ -- BayoTech Inc. will present at CleanEquity Monaco 2017 on March 9th & 10th at the Fairmont Monte Carlo.