New Iridium Secures $1M NSF SBIR Phase II Grant to Revolutionize Chemical Manufacturing and Combat Climate Change
Retrieved on:
Thursday, June 29, 2023
New Iridium’s technology provides an avenue to utilize carbon dioxide (CO2) to create value-added products, while drastically mitigating carbon emissions through process efficiencies and electrification.
Key Points:
- New Iridium’s technology provides an avenue to utilize carbon dioxide (CO2) to create value-added products, while drastically mitigating carbon emissions through process efficiencies and electrification.
- With this NSF SBIR Phase II grant, New Iridium is poised to accelerate the development of its groundbreaking technology and drive the transition to a sustainable and low-carbon future for the chemical industry.
- “We are thrilled to receive this prestigious NSF SBIR Phase II grant, which will play a pivotal role in our journey to transform the chemical industry,” said Dr. Chern-Hooi Lim, New Iridium CEO.
- With the combination of the NSF SBIR Phase II grant, notable partnerships, and industry recognition, New Iridium is well-positioned to make significant strides toward decarbonizing the chemical industry and spearheading the adoption of low-carbon technologies.