Published by Todd Bush on March 2, 2023
DCARB is lowering transportation fleets fuel consumption by on average 5 to 15% with no upfront Capex.
LAS VEGAS, January 24, 2023 (Newswire.com) - DCARB, which operates in the booming Hydrogen and Decarbonisation sectors, has received VC funding from the Canadian merchant banking firm Caerus Capital. HYDROFLEX (via their brand DCARB) has secured a significant position as a leading solution provider in the Decarbonisation and Carbon Emission reduction sectors through its breakthrough patented hydrogen technology.
FedEx truck getting a DCARB
>> In Other News: Dow and X-energy Advance Efforts to Deploy First Advanced Small Modular Nuclear Reactor at Industrial Site Under DOE’s Advanced Reactor Demonstration Program
DCARB successfully opened their first U.S. outlet in 2020 in Las Vegas and has seen U.S. trucking fleets achieve remarkable results in lowering their diesel consumption by 5-15% and reducing emission issues by up to 75%.
Matt Bailey, CEO of DCARB, said, "The partnership and attached funding with Caerus will allow us to rapidly bring our new technology to market along with the expansion of our patented Arc Plasma technology. The funding allows us to immediately progress our work with the world's largest engine operators across all Internal Combustion Engine (ICE) sectors from locomotives to marine."
Rob Shewchuk, Director of Caerus Capital, commented, "We are excited to join forces with DCARB. Their technology is ready to assist companies that want to reduce their carbon footprint and fuel consumption now. DCARB management has a clear vision on where they are going, and we are excited to see DCARB become a major service partner for large transportation companies in the decades ahead."
Bailey continued: "As a direct result of the funding, DCARB are currently negotiating with a number of U.S. diesel servicing companies, with large national footprints, to assist in spreading the innovative hydrogen technology to allow all operators of diesel engines to benefit from both reducing their carbon emissions and reducing operating costs.
"We are extremely excited to be contributing to the global emission reductions. Worldwide there are over two billion internal combustion engines, and applying our technology can make a real difference in global emissions right now. We know zero emissions will take some time, but we have a solution, which will help fleets now save money, cut emissions and keep existing assets on the road until new tech is here. In essence, we have created a technology that allows companies to bridge the gap while saving money and cutting emissions.
"The global demand to reduce carbon emissions, and with the current cost of diesel, has opened the door to a remarkable opportunity. We offer companies our technology with no upfront Capex, making it cashflow-positive from day one."
DCARB stated they have initiated a number of significant partnerships throughout the U.S., Australia, Philippines and Egypt to assist with Bus Fleets, Truck Fleets, Rail Fleets, Ferry Fleets, Shipping Fleets and the Power Generation sectors.
Baily said, "This is really just the tip of the iceberg with the rapid uptake of our hydrogen solutions as a brilliant tool to assist across Decarbonisation, Cost Reduction and Carbon Emission Reduction for the benefit of both individual companies and, importantly, the environment."
HYDROFLEX specializes in hydrogen-enhanced combustion solutions that deliver fuel savings and emission reduction benefits for a global market of internal combustion engines, from the smallest cars to the largest engines on the market today.
With a world-class research and development program that exceeds industry standards, HYDROFLEX delivers ongoing innovation in the green-energy space. Recognized by industry leaders for its performance, quality and dependability, HYDROFLEX'S hydrogen-enhanced combustion systems reduce global dependence on fossil fuels.
Source: DCARB
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 🚌 Ballard Announces Orders for 70 Hydrogen Fuel Cell Engines for Delivery to Wrightbus in 2024 🏭 FuelPositive Announces Completion of Factory Acceptance Testing and Shipping of F...
Inside this Issue ⛽ Air Products Receives Funding to Build Two Large-Scale Hydrogen Refueling Stations in the Region of North-Rhine Westphalia Nordrhein Westfalen ✍️ VINCI Signs a Strategic Partne...
Inside this Issue 🏢 Targray’s New Headquarters Showcases Commitment to Sustainability, Growth and Collaboration 🏭 Johnson Matthey and bp's Technology Picked for Record-Breaking SAF Plant 🚚 First C...
EverWind Praises Federal Government’s Clean Energy Leadership
**Budget 2024 builds on Canada’s robust and effective response to the U.S. Inflation Reduction Act** April 16, 2024 18:30 ET| Source: [EverWind Fuels](https://www.globenewswire.com/en/search/org...
Feintool Wins Important Contract in Europe’s Hydrogen Industry
**The company is tasked with the production of high-precision metal components for fuel cells and electrolyzers. This successfully marks** [**Feintool**](https://feintool.com)**’s entry into the Eu...
KBR Green Ammonia Technology Selected for Fortescue's Project in Norway
HOUSTON, April 17, 2024 /PRNewswire/ -- [KBR](https://www.kbr.com) (NYSE: [KBR](https://www.prnewswire.com/news-releases/kbr-green-ammonia-technology-selected-for-fortescues-project-in-norway-30211...
Amogy Receives Order from Terox to Enable Carbon-free Charging on Construction Sites
STAVANGER, Norway--[Amogy](https://cts.businesswire.com/ct/CT?id=smartlink&url=http://www.amogy.co&esheet=53934494&newsitemid=20240417897712&lan=en-US&anchor=Amogy&index=1&md5=1e3df9841dda865a756fe...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.