Greenway Technologies signs non-binding LOI with GME Hydro for two H-Reformer units and stock investment

GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES

Greenway Technologies (GWTI) entered a non-binding LOI with GME Hydro, LP for purchase of two patented H-Reformer units to convert natural gas to hydrogen.
GME committed to invest in GWTI via restricted stock purchase; units expected to produce 20,000 kg hydrogen daily for 10 MW power generation.
Project to be at Johnstown, PA facility using fossil and 25% renewable natural gas, eligible for Federal Clean Air H2 Credits.
President Kevin Jones stated the technology enables low-cost on-site hydrogen production without transportation costs and is scalable.

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