Contact Information: CONTACT: New Sky Energy: Michael S. Ashford, EVP (720) 239-1174
New Sky and Colorado School of Mines Form New Partnership
| Source: New Sky Energy
BOULDER, CO--(Marketwire - January 28, 2010) - New Sky Energy and the Colorado School of Mines
announced this week that they have entered into a sponsored research
agreement to build a fully operating, scalable model of New Sky's
electro-chemical and carbon capture technology.
"We are extremely pleased to be working with a leading academic and
engineering institution like the School of Mines to bring our technology to
market," Dr. Deane Little, CEO of New Sky Energy said. "Mines is a very
practice-oriented university, so this represents another important
milestone in our development and accelerates our progress towards
commercial operation."
The joint project will proceed under a 1-year, $200,000 Sponsored Research
Agreement funded by Boulder-based New Sky Energy. The project will allow
New Sky and Mines to rapidly develop a showcase facility that implements
New Sky's technology to capture and convert CO2 into useful products. "I am
highly confident that the project will be cost effective and technically
successful," said Dr. Nigel Sammes, who will lead the project for Mines.
Sammes, who will co-manage the project with Little, is the Coors
Distinguished Professor of Ceramic Engineering at Mines and has 10 years of
private-sector experience in the electro-chemical industry. Other project
researchers include Dr. Ryan O'Hayre from the School of Mines and Dr. Joe
Kosmoski from New Sky Energy.
New Sky Energy, Inc. is a carbon negative manufacturing company that
captures and converts CO2 into useful chemical feed stocks. Using a
proprietary chemical process New Sky scrubs CO2 from the air, flue gas or
other exhausts and converts it into competitively-priced, chemically stable
solids widely used in industry and agriculture. New Sky's process is
cost-competitive, produce s no chlorine, and is more energy efficient than
existing methods of production.
Colorado School of Mines is engineering the way to the future with
unparalleled academic and research programs, expert faculty, and the best
and brightest students. The school is a global leader in engineering and
the applied sciences, with a one-of-a-kind mission in earth, energy,
materials and environment, and a 135-year history of service to industry
and society.