Connect with us

Technology

Innovative Hydrogen Production Patent granted to Magma Power™ for Hydrogen production via Thermochemical Splitting with Subterranean Heat Sources and Magma Reservoirs

Published

on

NEW YORK, Oct. 2, 2024 /PRNewswire/ — Magma Power LLC, a leader in renewable energy innovation, proudly announces the issuance of a pioneering patent for a method and system designed to produce hydrogen through the thermochemical splitting of water, utilizing the immense heat generated by subterranean magma reservoirs. This state-of-the-art technology represents a major advancement in the pursuit of clean and sustainable hydrogen production, offering a revolutionary alternative to traditional methods.

Revolutionizing Hydrogen Production with Earth’s Natural Heat

The patented system begins with a wellbore that extends from the surface deep into a subterranean heat source, specifically a magma reservoir. The method involves injecting one or more feed streams of water into a reaction chamber, where the water undergoes thermochemical splitting to form hydrogen and oxygen. The process is powered by molten salt, heated by magma, which ensures the reaction occurs at an optimal temperature for maximum efficiency and sustainability. The resulting hydrogen and oxygen are then efficiently extracted through designated outlet conduits.

Key Patent Claims

This patent introduces a comprehensive and highly advanced system for optimizing hydrogen production using geothermal heat. Key claims of the patent include:

Thermochemical Splitting System: A reaction system designed for hydrogen production, featuring a wellbore extending into a magma reservoir. The system includes a reaction chamber maintained at the required reaction temperature by molten salt received from the wellbore, and inlet and outlet conduits for water feed streams and product streams of hydrogen and oxygen.Water Recycling Feature: The system includes a return conduit for recycling unreacted water back into the reaction chamber, enhancing efficiency and minimizing waste.Catalyst Integration: The reaction chamber can include a circulating fluidized bed of non-volatile metal oxide catalysts, or alternatively, a volatile metal oxide catalyst, to optimize the thermochemical reactions.Enhanced Feed Stream Composition: The system can handle additional feed streams such as iodine, sulfur dioxide, copper, and hydrochloric acid to further enhance the reaction processes.Molten Salt Heat Transfer: Heat is supplied to the reaction chamber via molten salt circulated through heat exchangers located within the wellbore, ensuring consistent and controlled reaction temperatures.Absorption Chiller and Separator Vessel: The system includes an absorption chiller that receives molten salt from the wellbore to generate a cooling fluid, which is then used to cool a separator vessel. This vessel further processes the hydrogen and oxygen product streams into one or more end products.Downstream Hydrogen Utilization: The system is designed to integrate with downstream processes, allowing the produced hydrogen to be combined with carbon dioxide to generate valuable hydrocarbon products.Hydrocarbon Recovery and Separation: The downstream system can produce both liquid and gas phase hydrocarbons. An absorption chiller and recovery equipment are used to cool and separate these hydrocarbons, maximizing the system’s efficiency and output.

Expert Insights on the Patent

Levi Conner, CEO of MagmaPower LLC, underscored the innovation’s significance: “This patent marks a transformative step in hydrogen production. By utilizing the Earth’s natural geothermal energy, specifically from magma reservoirs, we’ve developed a method that not only optimizes the efficiency of hydrogen generation but also significantly reduces environmental impact. This technology has the potential to reshape the energy landscape by providing a cleaner, more sustainable source of hydrogen.”

Richard McDonald, Chief Strategy Officer of Magma Power LLC, emphasized the technological breakthroughs involved: “The integration of molten salt heat transfer, catalyst-enhanced reactions, and water recycling within this system represents a major leap forward in thermochemical processes. By directly tapping into geothermal heat, we can produce hydrogen with a level of efficiency and environmental responsibility that was previously unattainable. This innovation aligns perfectly with the global push towards cleaner energy and reduced carbon footprints.”

KC Conner, Founder of Magma Power LLC, reflected on the journey to this milestone: “Our mission has always been to harness the Earth’s inherent energy in innovative ways that drive global progress. This patent is the culmination of years of dedicated research, and we’re thrilled to introduce a technology that promises to revolutionize hydrogen production. By leveraging geothermal heat, we’re not just creating a new method for producing hydrogen—we’re setting a new standard for what’s possible in sustainable energy.”

Looking Ahead

Magma Power LLC is actively engaging with industry leaders to bring this groundbreaking technology to the market. The company remains committed to advancing sustainable energy solutions and is eager to see how this innovative method for hydrogen production will be integrated into existing and future energy infrastructures.

Green Energy for Industry

Magma Power’s patented technology can be applied across a range of industries, offering transformative solutions for:

AI Data Centers: As AI computing power demands soar, Magma Power’s low-cost, constant energy supply is the ideal solution for powering data centers 24/7.Bitcoin Mining: Energy-intensive bitcoin mining operations will benefit from reliable, low-cost power, enabling sustainable and profitable mining at scale.Green Fuels: Magma Power enables the production of green hydrogen, ammonia, and kerosene, providing a carbon-neutral alternative for transportation and industrial sectors.

About MagmaPower LLC

Magma Power LLC, (visit MagmaPower.com) headquartered in Tampa, Florida, with additional offices in New York City and Houston, is a pioneering energy technology company dedicated to developing cutting-edge solutions for harnessing renewable energy. Magma Power, LLC has secured eleven worldwide patents covering all aspects of the production of green energy, energy-intensive manufacturing, green fuels, and other products using MagmaPower™. Magma Power, LLC has also filed an additional forty-six global patents covering all aspects of magma power production, with over 1,000 patent claims pending related to this revolutionary new green energy source. Magma power is a virtually unlimited source of green, renewable, baseload energy that U.S. government researchers in the 1970s, including those at Sandia National Laboratories, concluded could meet the Earth’s energy needs for the next several thousand years. The work of Magma Power, LLC has taken the initial insights from the Sandia Labs test and developed them into a robust, patent-protected technology ready for commercial deployment. Given the inability of wind and solar to provide stable baseload renewable power, there is no long-term alternative to magma power for renewable energy. Magma Power is Inevitable. It’s not a question of if magma power will power the Earth – but when. Energy is civilization, and the next several thousand years of civilization will be driven by MagmaPower™.

For media inquiries, please contact:

Richard McDonald

Chief Strategy Officer

rmcdonald@magmapower.com

View original content:https://www.prnewswire.com/news-releases/innovative-hydrogen-production-patent-granted-to-magma-power-for-hydrogen-production-via-thermochemical-splitting-with-subterranean-heat-sources-and-magma-reservoirs-302265938.html

SOURCE Magma Power

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Chaberton Energy RFP Seeks Farming Partners for two Maryland Agrivoltaics Projects

Published

on

By

Agrivoltaics co-locates solar facilities and agricultural activity while creating access to lower-cost energy for community members during a time of spiking prices.

Chaberton is partnering with Okovate Sustainable Energy to select farmers for the Montgomery County, Md., projects.

ROCKVILLE, Md., April 23, 2026 /PRNewswire/ — Chaberton Energy invites Maryland farmers to respond to two requests for proposal (RFPs) to farm up to 27 acres of land in Montgomery County as part of an agrivoltaics initiative. Agrivoltaics is the practice of co-locating solar power projects with farming activities.

This opportunity will provide selected farmers with access to land at no cost as well as compensation for vegetation management at the site. Chaberton is working with Okovate Sustainable Energy to solicit and evaluate proposals from farmers interested in using the land under and between the projects’ rows of solar panels for crop farming and/or animal grazing.

The RFPs come at a time when Maryland imports more than 40% of its electricity, leaving ratepayers exposed to volatile wholesale prices. These projects bring distributed solar closer to the communities that need it most, providing lower-cost energy to nearly 1,000 local households while supporting agricultural businesses in the area.

“These projects are among Montgomery County’s first agrivoltaics projects,” said Ryan Boswell, vice president of development for Chaberton Energy. “Everybody benefits when farmers, communities, local governments and energy developers work together toward a shared set of goals.”

The solar projects align with Maryland’s renewable energy and agricultural sustainability goals. Selected farmers will develop tailored farming plans for each site and seek the required review from the Montgomery County Office of Agriculture.

“Together we’re building out the energy network we need while keeping agricultural land productive,” said Miles Braxton, CEO and co-founder of Okovate. “This is an opportunity to provide land access to local farmers looking to expand or start their operations, while also leasing land for solar that helps meet the growing energy demand.”

Chaberton Solar Sugarloaf in Dickerson, Md., will have a generating capacity of 5.23 megawatts. It spans 19 acres, with 16 acres covered by the solar array and a 3-acre buffer zone. Approximately 10 acres of land in between solar panel rows and a total of 13 acres are available for agricultural use.

Chaberton Solar Ramiere in Poolesville, Md., is a 3.88 megawatt project spanning 11 acres, with approximately 8 acres covered by the solar array and a 2-acre buffer zone. Approximately 5 acres of land in between solar panel rows and a total of 7 acres are available for agricultural use.

Farmers or agricultural operators responding to the RFPs must submit a proposal that provides a clear vision for how they will utilize one or both agrivoltaics sites and outlines their approach to vegetation management, agricultural production and sustainable practices. Complete information as well as application forms are available at chaberton.com/RFP26.

About Chaberton Energy
Chaberton Energy is a public benefit corporation developing community-scale energy projects, with a focus on distributed solar and battery energy storage. A national developer with roots in the communities it serves, Chaberton is a two-time Inc. 5000 awardee, ranking in 2025 as the No. 53 fastest-growing private company in America and the No. 2 energy company on the list. With a commitment to creativity, excellence, and humanity, Chaberton’s team develops distributed solar and battery energy storage projects that improve grid reliability and resilience while lowering electricity costs for community members and businesses.

Media Contact
Lia Morrison 
lia.morrison@chaberton.com 
412-573-9095

View original content to download multimedia:https://www.prnewswire.com/news-releases/chaberton-energy-rfp-seeks-farming-partners-for-two-maryland-agrivoltaics-projects-302752253.html

SOURCE Chaberton Energy

Continue Reading

Technology

Empire Asset Finance Adds Katharine Rudzitis as Vice President, Direct Originations

Published

on

By

Empire Asset Finance, LLC (“Empire”) has added Katharine Rudzitis as Vice President, Direct Originations, further expanding the firm’s direct origination capabilities as it continues to scale its equipment finance platform serving middle-market, private equity-sponsored, and non-sponsored companies.

NEW YORK, April 23, 2026 /PRNewswire-PRWeb/ — Empire Asset Finance, LLC (“Empire”) has added Katharine Rudzitis as Vice President, Direct Originations, further expanding the firm’s direct origination capabilities as it continues to scale its equipment finance platform serving middle-market, private equity-sponsored, and non-sponsored companies.

Rudzitis brings more than a decade of experience originating and executing asset-backed transactions for North American businesses. She partners closely with corporate borrowers, private equity sponsors, and advisors to deliver flexible, tailored equipment financing solutions across a wide range of company stages and credit profiles.

Prior to joining Empire, Rudzitis spent ten years at Macquarie Group, where she focused on providing equipment finance solutions for clients across the manufacturing, industrial, commodity, and technology sectors.

“Katharine brings deep experience navigating complex equipment and asset-backed transactions and a thoughtful, solutions-oriented approach to serving middle-market clients,” said Rick Rockhold, CEO of Empire. “She understands how to deliver flexible capital solutions that align with sponsor and borrower objectives, and we are excited to have her join Empire as we continue to grow our direct origination platform.”

“Her institutional background and disciplined approach to sourcing and executing transactions are highly aligned with how we operate,” said Mike Miroshnikov, Chief Operating Officer and Chief Credit Officer of Empire. “Katharine brings a strong ability to navigate complex situations, combined with a structured, process-driven mindset that supports consistency and high-quality outcomes across a wide range of client needs.”

In her role, Rudzitis will focus on expanding Empire’s direct origination efforts and deepening relationships with private equity sponsors, corporate borrowers, and advisors.

Rudzitis holds a BA in Mathematics, English, and Classics from Amherst College.

About Empire Asset Finance, LLC

Empire Asset Finance, LLC is a direct private credit lender focused on mid-to large-ticket equipment financing solutions for underserved middle-market companies. Backed by Arena Investors LP, Empire delivers flexible capital structures, white-glove service, and technology-driven execution that empowers businesses to grow while preserving liquidity.

About Arena Investors, LP

Arena Investors, LP is a global institutional asset manager founded in 2015 by Daniel Zwirn, a veteran investor with over two decades of experience building alternative asset platforms. Arena is a global multi-strategy investment firm with approximately $4.6 billion of assets under management and programmatic capital as of June 30, 2025. The firm is a subsidiary of Arena Investors Group Holdings (“AIGH”). AIGH, along with its affiliate, Ceres Life Insurance, comprises the Westaim Corporation (TSXV: “WED”), an integrated asset management and life insurance and annuity provider.

Media Contact

Rick Rockhold, Empire Asset Finance, LLC, 1 7189643439, rrockhold@empireassetfinance.com, http://www.empireassetfinance.com/ 

View original content:https://www.prweb.com/releases/empire-asset-finance-adds-katharine-rudzitis-as-vice-president-direct-originations-302751354.html

SOURCE Empire Asset Finance, LLC

Continue Reading

Technology

OverActive Media to Host Fourth Quarter 2025 Conference Call

Published

on

By

TORONTO, April 23, 2026 /CNW/ – OverActive Media Corp. (“OverActive” or the “Company”) (TSXV: OAM) (OTC: OAMCF) (WKN: A3CSPU) (FSE: 0RB), a global digital media, esports and entertainment company for today’s generation of fans will report its fourth quarter 2025 results after market close on Tuesday, April 28, 2026. The Company will hold a conference call the following day, call hosted by Adam Adamou, CEO and Co-Founder.

WHAT: Q4 2025 Earnings Conference Call

WHEN: Wednesday, April 29, 2026, at 9:00 a.m. ET
Please connect at least 15 minutes before the conference call.

PARTICIPANT INFORMATION

To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/4tu24C0 to receive an instant automated callback. 

You can also dial directly to be entered into the call by an operator.

Call Details: 416-945-7677 or 1-888-699-1199

The conference call will be webcast live in its entirety at 9:00 a.m. ET at https://app.webinar.net/lqrNZlWd29V, and it will be archived for three months.

Links to SEDAR filings and press releases are available on the investor website at https://overactivemedia.com/pages/filings

TELEPHONIC REPLAY

Call Details: 289-819-1450 or 1-888-660-6345
Encore Replay Entry Code: 96797 #
Encore Replay Expiration Date: Wednesday, May 6, 2026

About OverActive Media

OverActive Media Corp. (TSXV: OAM) (OTC:OAMCF) (WKN:A3CSPU) (FSE:0RB) is headquartered in Toronto, Ontario, with operations in Madrid, Spain and Berlin, Germany, is a premier global esports and entertainment company for today’s generation of fan. OverActive Media owns team franchises in professional esports leagues, including the Call of Duty League, operating as the Toronto KOI, the League of Legends EMEA Championship (LEC), operating as Movistar KOI, operating as Movistar KOI in other professional esports leagues and competitions. OverActive also operates ActiveVoices, an AI-driven content localization and monetization platform that enables creators and brands to expand their audiences globally and unlock new revenue streams through automated translation, dubbing, and distribution.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Overactive Media Corp.

Continue Reading

Trending