New patent approved

On 8 October a new patent for Phoenix BioPower was published. The patent relates to a control principle for a BTC plant by use of steam for optimal performance of the plant..This patent is key to the control of the future BTC plants and is another step in the company’s rejuvenation of the patent portfolio. This new patent will add another patent family of the 5 existing we maintain, making our total number of patents to 17 across 6 families!

As part of out strategic overview of patents, we have moved to allow a number of older patents, due to expire in the coming 2-5 years or in markets we do not foresee to be active in in the coming 10 years, to elapse, explaining the lesser number of patents than a few years ago. We have however now added 2 families and have another expected to be approved in the near future.