Spectaire’s Advanced AireCore Technology to be Integrated into American Ag Energy’s Biomass-to-Fuel Reactors
June 10 2024 - 7:00AM
Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire”), a leading
innovator in mass spectrometry solutions, is pleased to announce a
purchase order and delivery of its advanced AireCore units to
American Ag Energy, a Boston-based high-efficiency biomass-to-fuel
reactor company.
American Ag Energy specializes in transforming agricultural
waste into gaseous fuel for existing gas-fired equipment. Their
cutting-edge biomass reactors are designed for optimal fuel
production from diverse feedstocks, with a real-time closed-loop
system that adjusts parameters based on sensor feedback.
The integration of Spectaire's AireCore mass spectrometers into
American Ag Energy's product gas analysis loop marks a significant
advancement in their technology. Spectaire’s miniature mass
spectrometers provide detailed insights into the fuel gas
composition, enabling precise tuning of reactor operating
parameters for maximum fuel production and efficiency. Spectaire's
technology can simultaneously measure expected product gases,
delivering a comprehensive overview of gas composition.
"We are proud to support American Ag Energy with our AireCore
units," said Brian Semkiw, CEO of Spectaire. "Our mass
spectrometers will deliver the detailed analytical capabilities
needed to optimize their reactors, enhancing fuel output and
operational efficiency. This collaboration underscores our
commitment to advancing sustainable energy solutions through
innovative technology."
American Ag Energy's innovative approach to biomass conversion
offers a sustainable solution for agricultural waste while
contributing to the broader goal of reducing carbon emissions. By
leveraging Spectaire's mass spectrometry technology, they are set
to achieve unprecedented levels of efficiency and performance.
"Integrating Spectaire's mass spectrometers into our reactors is
a game-changer for us," said Dr. Richard Rosen, CEO of American Ag
Energy. "The detailed analysis provided by AireCore will allow us
to fine-tune our processes and maximize fuel production from
various feedstocks. This partnership is a significant step forward
in our mission to create efficient, sustainable energy
solutions."
For more information about American Ag Energy and their
groundbreaking biomass-to-fuel technology, please visit American Ag
Energy's website.
About Spectaire
Spectaire (NASDAQ: SPEC) is a leading provider of mass
spectrometry solutions, committed to delivering innovative and
precise analytical instruments for various industries. Our
cutting-edge technologies enable businesses to achieve higher
efficiency, better performance, and sustainability.
About American Ag Energy
American Ag Energy is a Boston-based startup dedicated to
developing high-efficiency biomass-to-fuel reactors. Utilizing
agricultural waste as feedstock, their reactors produce gaseous
fuel for use in existing gas-fired equipment, promoting sustainable
energy and reducing carbon emissions.
For additional information, contact:
IR@spectaire.com
Dave GentryRedChip Companies,
Inc.1-800-733-24471-407-644-4256SPEC@redchip.com
Forward-Looking Statements
This release contains certain forward-looking
statements within the meaning of the federal securities laws. These
forward-looking statements generally are identified by the words
“believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“would,” “will continue,” “will likely result” and similar
expressions.
The forward-looking statements are based on the
current expectations of the management of Spectaire and are
inherently subject to uncertainties and changes in circumstances
and their potential effects and speak only as of the date of such
statement. There can be no assurance that future developments will
be those that have been anticipated. Forward-looking statements
reflect material expectations and assumptions, including, without
limitation, expectations, and assumptions. Such expectations and
assumptions are inherently subject to uncertainties and
contingencies regarding future events and, as such, are subject to
change. Forward-looking statements involve a number of risks,
uncertainties or other factors that may cause actual results or
performance to be materially different from those expressed or
implied by these forward-looking statements. These risks and
uncertainties include, but are not limited to, those discussed and
identified in public filings made by Spectaire with the U.S.
Securities and Exchange Commission (the “SEC”) and the following:
Spectaire’s ability to operate as a going concern; Spectaire’s
requirement of significant additional capital; Spectaire’s limited
operating history; Spectaire’s history of losses; Spectaire’s
ability to attract qualified management; Spectaire’s ability to
adapt to rapid and significant technological change and respond to
introductions of new products in order to remain competitive; the
loss of, or nonperformance by, one or more significant customers;
disruptions of Spectaire’s manufacturing operation; changes in
governmental regulations reducing demand for Spectaire’s products
or increasing Spectaire’s expenses; the effects of global health
crises on Spectaire’s business plans, financial condition and
liquidity; changes or disruptions in the securities markets;
legislative, political or economic developments; Spectaire’s
failure to obtain any necessary permits or comply with laws and
regulations and other regulatory requirements; accidents, equipment
breakdowns, labor disputes or other unanticipated difficulties or
interruptions; potential cost overruns or unanticipated expenses in
development programs; potential legal proceedings; and Spectaire’s
failure to obtain or maintain insurance covering all of Spectaire’s
operations.
Should one or more of these risks or
uncertainties materialize or should any of the assumptions made by
the management of Spectaire prove incorrect, actual results may
vary in material respects from those projected in these
forward-looking statements.
All subsequent written and oral forward-looking
statements concerning matters addressed herein and attributable to
Spectaire or any person acting on its behalf are expressly
qualified in their entirety by the cautionary statements contained
or referred to herein. Except to the extent required by applicable
law or regulation, Spectaire undertakes no obligation to update
these forward-looking statements to reflect events or circumstances
after the date hereof to reflect the occurrence of unanticipated
events.
No Offer
This communication is for informational purposes
only and shall neither constitute an offer to sell nor the
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any jurisdiction in which the offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such jurisdictions.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act or an exemption therefrom.
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