Raven SR closes strategic investment from EPC partner Stellar J Corp.

Raven SR Inc. announced Feb. 28 the closing of a strategic investment from Stellar J Corp., its primary U.S.-based engineering, procurement and construction partner, to support the commercialization of Raven SR’s noncombustion waste-to-fuel process.

Raven SR plans to commence commercial operations for waste-to-hydrogen production in early 2024 and commercial operations for sustainable aviation fuel (SAF) in 2025.

Stellar J is the sixth strategic investor in Raven SR since the company was founded.

The current complement of strategic investors also includes global oil and gas major Chevron, Japanese trading house Itochu, hydrogen-mobility leader and innovator Hyzon Motors, Ascent Hydrogen Fund, and Samsung Ventures.

Stellar J has fabricated Raven SR units for full-scale hydrogen production reformers.

A successful trial of the units in August demonstrated that Raven SR’s proprietary technology for waste-to-hydrogen and gas-to-hydrogen processes is commercially ready and effective.

“As we expand our global reach, Raven SR values this expression of deep support and confidence by Stellar J as we move together from sharing a vision to making a transformative impact in the transportation-fuel sector,” said Matt Murdock, CEO of Raven SR. “Stellar J’s knowledgeable and experienced team of engineers have proven to be valuable partners who are passionate about bringing Raven SR’s technology to market to advance the energy transition worldwide.”

Stellar J has a longstanding track record of work with public and private companies, including public and private projects, engineering, procurement and construction (EPC), and design, bid and build structures, including biogas energy projects, digesters, landfill construction, and wastewater-treatment plants.

“Our investment and partnership with Raven SR recognize the unique value proposition they provide as an answer to waste-disposal challenges,” said Bob Kinghorn, CEO of Stellar J Corp. “Combined with efficient supply of cleaner transportation fuels, that creates even greater environmental and economic benefits. We see tremendous opportunity to not only serve as a contractor for Raven SR but also an aligned strategic partner.”

Raven SR’s patented steam/CO2-reforming process, originally created by the late Terry Galloway, transforms municipal solid waste, organic waste, and methane into transportation-grade hydrogen for trucks and passenger vehicles, and SAF.

Stellar J’s continued work with and investment in Raven SR will help turn Galloway’s vision into reality by bringing the technology to market.

The Raven SR technology is a noncombustion thermal, chemical reductive process that converts organic waste and landfill gas to hydrogen and Fischer-Tropsch synthetic fuels.

Unlike other hydrogen-production technologies, its steam/CO2 reformation does not require fresh water as a feedstock.

The process is more efficient than conventional hydrogen production and can deliver fuel with low to negative carbon intensity.

Additionally, Raven SR’s goal is to generate as much of its own power onsite as possible to reduce reliance on, and be independent of, the grid.

Its modular design provides a scalable means to locally produce renewable hydrogen and synthetic liquid fuels from local waste.