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Provaris Secures $500K to Propel Hydrogen and CO₂ Tank Innovations

10:41am on Thursday 18th of December, 2025 AEDT Energy
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Provaris Secures $500K to Propel Hydrogen and CO₂ Tank Innovations

10:41am on Thursday 18th of December, 2025 AEDT
Key Points
  • Raised $500,000 via share placement at a 15.8% discount
  • Funds allocated to hydrogen tank prototype fabrication and testing
  • Advancement of low-pressure liquid CO₂ tank joint venture with Yinson Production AS
  • Engagement with marine Classification Society DNV for approvals
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