Highlights Binding strategic alliance with KBR (NYSE: KBR), a world-leading engineering group and global technology licensor set to supercharge Hazer’s commercialisation strategyHazer is KBR’s exclusive partner for marketing and licensing of methane pyrolysis technologyClear revenue visibility targeting multiple license deals within 6 years, materially derisking Hazer’s businessplan Capital-lite licensing model maintained; KBR A$3million work program contribution preserves Hazer’s robust funding positionStrengthens Hazer’s market penetration into high-growth market segments of ammonia and methanol, and regions including North America and Middle EastCEO Glenn Corrie and other members of the management team will be hosting a webinar on Wednesday, 07 May 2025 at 09:00am (AWST) / 11:00am (AEST).
Details provided below 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.
KBR’s market leadership, global reach and execution strength make them an ideal partner to bring our vision to life.” Strategic Alliance to Commercialise Hazer’s Leading Methane Pyrolysis TechnologyUnder the Alliance, Hazer and KBR will collaborate on the up-scaling, marketing and licensing of the Hazer technology for commercial deployment.
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