NNLX has some exciting technology with the potential to make splashy news. There is a lot of heavy lifting to be done before NNLX recognizes material revenues from their technologies. In particular, they need to partner with a good-size construction outfit (i.e for cogen facilities) who has the capability to build industrial size facilities. NNLX clearly does not and will have the ability to this type of large-scale, integrated with process engeneering construction itself.
NNLX also currently does not have a concrete business model for such a partnership. DO they license the technology to the construction outfit(s)? Collect a royalty based on the maket value of hydrogen produced? Some combination of both and maybe other things?
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