Quadrise signs SEASTARS CINEA Horizon grant agreement

Quadrise plc

Quadrise Plc (LON: QED), the supplier of innovative energy solutions for a cleaner planet, has announced the signature of an agreement between the European Climate, Infrastructure and Environment Executive Agency (CINEA) and SEASTARS, a consortium of 17 companies which includes Quadrise.

SEASTARS unites research institutes, equipment manufacturers, ship operators, technology providers and naval architects intending to demonstrate well-to-wake greenhouse-gas emissions reductions of at least 30% and energy efficiency improvements of 20% using a combination of marine emission and efficiency improvement technologies.

Emerging marine technologies provided by SEASTARS members will be integrated into eight vessel designs to be market-ready by December 2027. Quadrise “Blend-On-Board” emulsion technology is included in this goal, funded by CINEA’s Horizon grant programme.

Following completion of the vessel design stage, SEASTARS will generate tailored decarbonisation recommendations for vessel owners and operators.

Quadrise has been awarded up to EUR 63,500 to complete this work.

For more information on SEASTARS (which stands for Sustainable Emission Abatement Strategies and Technologies for Advanced Revolution Ships) see:  

https://ec.europa.eu/info/funding-tenders/opportunities/portal/screen/how-to-participate/org-details/999999999/project/101192901/program/43108390/details

Commenting on this agreement Jason Miles, CEO of Quadrise, said:

“Quadrise is delighted to have joined the SEASTARS consortium, which will demonstrate the benefits of bioMSAR™ and our Blend-On-Board technology to a much wider audience, whilst our participation in the Horizon project will deepen our combined knowledge in this important area of marine decarbonisation.”

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Commercial milestones could define Quadrise’s next investment phase

Commercial agreements, project execution and customer adoption remain the key markers investors are likely to watch as Quadrise moves further towards commercial deployment.

Quadrise CEO to address financing of shipping’s energy transition at Athens summit

Quadrise CEO Peter Borup will speak at the ship.energy summit in Athens, joining a finance-focused discussion on the investment conditions shaping shipping’s energy transition.

Quadrise makes timely case for practical marine fuel transition

Quadrise is pushing for practical marine fuel measures that help shipowners invest with confidence and reduce emissions sooner.

Green shipping corridors could accelerate demand for cleaner marine fuels

Green shipping corridors could increase demand for practical cleaner marine fuels that help shipowners cut emissions using existing vessel infrastructure.

Verification becomes the investment case for green marine fuels

Verification, supply-chain transparency and bankable efficiency gains are becoming central to the investment case for green marine fuels.

Quadrise moves closer to commercial delivery across key fuel projects

Quadrise’s latest results show a business moving closer to commercial trials, with its marine fuel programme leading a broader push towards market delivery.

Search