KMX Technologies has secured two major commercial milestones.
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KMX Technologies has secured two major commercial milestones.
They have agreed to an exclusive lithium license agreement with Stardust Power, Inc. to support its efforts in ๐ฟ๐ฒ๐ฑ๐๐ฐ๐ถ๐ป๐ด ๐ฒ๐ป๐ฒ๐ฟ๐ด๐ ๐ฐ๐ผ๐๐๐, ๐๐ฎ๐๐ฒ๐ฟ ๐ฐ๐ผ๐ป๐๐๐บ๐ฝ๐๐ถ๐ผ๐ป, ๐ฎ๐ป๐ฑ ๐น๐ผ๐ด๐ถ๐๐๐ถ๐ฐ๐ฎ๐น ๐ฐ๐ผ๐๐๐ for Stardustโs North American ๐น๐ถ๐๐ต๐ถ๐๐บ ๐๐๐ฝ๐ฝ๐น๐ ๐ฐ๐ต๐ฎ๐ถ๐ป, including its upstream lithium assets and its upcoming 50,000 metric ton per annum lithium refinery in Muskogee, Oklahoma.
KMX also signed an LOI with TETRA Technologies, Inc. for three KMX proprietary Vacuum Membrane Distillation systems for produced water desalination. TETRA aims to address the industryโs focus on the ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ถ๐ป๐ด ๐๐ผ๐น๐๐บ๐ฒ๐ ๐ผ๐ณ ๐ฝ๐ฟ๐ผ๐ฑ๐๐ฐ๐ฒ๐ฑ ๐๐ฎ๐๐ฒ๐ฟ ๐๐ต๐ฎ๐ ๐ถ๐ ๐ฏ๐ฒ๐ถ๐ป๐ด ๐ฑ๐ถ๐๐ฝ๐ผ๐๐ฒ๐ฑ ๐ถ๐ป๐๐ผ ๐๐ฎ๐น๐๐๐ฎ๐๐ฒ๐ฟ ๐ฑ๐ถ๐๐ฝ๐ผ๐๐ฎ๐น ๐๐ฒ๐น๐น๐, creating ๐ป๐ฒ๐ ๐๐ผ๐๐ฟ๐ฐ๐ฒ๐ ๐ผ๐ณ ๐ณ๐ฟ๐ฒ๐๐ต๐๐ฎ๐๐ฒ๐ฟ to help ๐ฎ๐น๐น๐ฒ๐๐ถ๐ฎ๐๐ฒ ๐ฟ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐๐ฎ๐๐ฒ๐ฟ ๐๐ฐ๐ฎ๐ฟ๐ฐ๐ถ๐๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ฝ๐ฟ๐ผ๐ฐ๐ฒ๐๐.
Congrats, Zachary, Alexander and Christopher, and the rest of the team on this achievement!