◆ NeutralGWTI

GREENWAY TECHNOLOGIES SIGNS BINDING QATAR JOINT VENTURE AGREEMENT TO ADVANCE MODULAR GTL DEPLOYMENT

GlobeNewswire Inc.·
GREENWAY TECHNOLOGIES SIGNS BINDING QATAR JOINT VENTURE AGREEMENT TO ADVANCE MODULAR GTL DEPLOYMENT

Greenway Technologies (GWTI) announced a binding pre-incorporation joint venture agreement with Qatar-based Lone Star Al Serdal to establish GWTI Greenway Technologies Qatar. The joint venture will focus on developing and deploying Greenway's modular gas-to-liquids (GTL) technology in Qatar, with future opportunities for hydrogen and methanol production. Greenway will own 49% of the company but receive 62.5% of net distributable cash. The agreement includes a structured 12-month commercialization program with performance targets including three strategic introductions within 90 days and two proof-of-concept opportunities by month six.

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