Digital Journal
Summary
Jericho Energy Ventures Inc. is pleased to announce that the US Patent and Trademark Office (US PTO) has allowed a new patent for the state-of-the-art, zero-emission DCC™ hydrogen-fueled steam boiler, developed by its wholly-owned subsidiary, Hydrogen Technologies ("HT").¹
In addition to the newly allowed patent, HT has two patents pending to further protect and enhance the DCC™'s novel IP as the Company begins to receive initial commercial orders.
Brian Willamson, CEO of JEV, stated, "We are excited about the new patent allowance from the US PTO and look forward to the opportunity to continue to expand our portfolio of IP related to our emission-free industrial hydrogen boiler system. The HT team continues to work to extend IP with each generation and improvement on the DCC™."
The new patent comes on the heels of several notable milestones for the DCC™. On Aug, 3, 2023, JEV announced a leading U.S. University's decision to procure and deploy the DCC™ boiler within its district heating system, placing JEV and HT at the forefront of market ready solutions to decarbonize the estimated $198B global district heating market.²
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