Universities are a gold mine for great product innovation. Development companies lead the charge to make it work in the commercial marketplace.
CleanTech, HFTA sign licensing agreement
CleanTech Biofuels Inc. said Tuesday it entered into a licensing agreement with HFTA of Livermore, Calif., to license technology developed by scientists at the University of California-Berkeley (UCB). HFTA was formed by the UCB scientists who developed technology using nitric acid to hydrolyze biomass. University City, Mo.-based CleanTech Biofuels Inc. (OTCBB: CLTH) is a development stage company working on technologies to convert cellulosic material in municipal solid waste, green waste, and other cellulosic waste materials into fermentable sugars for the production of fuel-grade ethanol. |
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