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AmmPower Announces Recent Signing of Memorandum of Understanding and other Operational Updates
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July 16, 2025 – TheNewswire - Toronto, Ontario – AmmPower Corp. (CSE: AMMP) (OTCQB: AMMPF) (FSE: 601A) (AMM) is pleased to announce that it has recently signed a Memorandum of Undertanding (MOU) with Klean Industries, a technology leader in recovering energy from waste. In addition to producing green hydrogen for its IAMMTM units (Independent Ammonia Making Machines) using electrolyzer technology, AmmPower, a leader in innovative ammonia production technologies, has identified the importance of also working with leading companies that are producing green hydrogen using other manufacturing processes.
Ammpower America LLC ("AMM"), has signed a Memorandum of Understanding (“MOU”) with Klean Industries Inc. ("Klean"), a leading equipment manufacturer with a strong portfolio of intellectual properties and expertise in recovering clean energy and resources from waste. This agreement aims to develop new applications for AMM’s fully containerized ammonia production technologies, which will enable renewable and distributed ammonia solutions for projects in North America that utilize green ammonia as an alternative fuel. The relationship with AMM will further enable Klean and its partners to deploy green fuel facilities that produce, store, and distribute these derivatives for use as a carbon-free fuel and a carrier of hydrogen energy.
“Over the last three years, Klean has continued to expand its partnership network by establishing a consortium of key technology partners that can enable new pathways to creating circular solutions within the mobility sector that complement each other and help facilitate the adoption of green alternative fuels and energy at scale. We are proud to be working with these leaders in technological innovation, like Ammpower, who share the same vision for creating long-term, sustainable outcomes,” said Jesse Klinkhamer, CEO of Klean Industries Inc.
“We are very pleased to be working with technology leaders like Klean, in the green hydrogen space. Such a diversified approach to green hydrogen production will allow more flexibility in placement of the IAMMTM units as well as provide additional support for the economic model for distributed green ammonia production,” commented Dr. Gary Benninger, AmmPower CEO.
In addition, we are also announcing that David Wojie has accepted the position of Director, Business Development replacing Eric Kelley, Director of Sales and Marketing, Agriculture. Dave has over 25 successful years of experience in sales, marketing and business development. Dr. Zhenyu Zhang has left the company to pursue his interest in computer science and AI. We appreciate his contribution to the development of our IAMMTM unit. We are currently interviewing potential candidates to fill the technology development position.
About Klean Industries
Klean Industries ("Klean") provides the best-in-class technologies and solutions in the waste-to-value industry. Their international team of award-winning experts has decades of experience designing, engineering, and manufacturing the highest-quality equipment to convert waste streams into valuable energy and resources. Their unique products and services result from combined knowledge in the design of recycling, resource recovery, waste management, and power generation projects. Their global project management expertise safeguards timelines and budgets, enabling projects to be delivered quickly and at lower costs.
Klean uses proprietary technologies to rapidly develop projects that produce the highest quality fuels, recovered Carbon Blacks ("rCB"), and green hydrogen from various feedstocks. Their know-how and skillfulness provide a specialization in building projects that use advanced thermal technologies such as pyrolysis, gasification, and carbonization, which convert end-of-life tires, waste plastics, and municipal solid waste into domestic energy, sustainable commodities, and new cleantech jobs. They create a symbiosis between waste, resources, and energy. Klean Industries is the link between the low-carbon, circular economy and the goal of zero waste being sent to landfills.
About AmmPower
AmmPower is a clean energy company focused on the production of green ammonia. The Company is based in Toronto, Ontario, with a research and manufacturing facility in Southeast Michigan. The Company is active in all facets of green ammonia production, including the production of green fertilizers, carbon-free shipping fuel, and the ‘cracking’, or moving of green hydrogen derivatives. AmmPower has developed and is marketing its disruptive IAMMTM (Independent Ammonia Making Machine) technology which will allow for distributed production of green ammonia near the end user.
On Behalf of the Board of Directors
Gary Benninger
Chief Executive Officer
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Forward-Looking Statements
This news release includes forward-looking statements that are subject to risks and uncertainties, including with respect to the expected timing of its name and ticker symbol changes. All statements within, other than statements of historical fact, are to be considered forward-looking. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
The Canadian Securities Exchange (CSE) has not reviewed, approved or disapproved the contents of this press release.