|By PR Newswire||
|February 20, 2013 04:31 AM EST||
LONDON, Feb. 20, 2013 /PRNewswire/ -- MOF Technologies will present at CleanEquity Monaco 2013 on March 7th & 8th at the Sporting d'Hiver, Monaco.
CleanEquity Monaco is an annual invitation-only event hosted by Innovator Capital, the London based specialist cleantech investment bank.
Other partners and sponsors include Prince Albert II of Monaco's Foundation, Covington & Burling, PR Newswire, the Monte-Carlo SBM and Monaco Chamber of Economic Development.
MOF Technologies has been identified by an expert panel as one of the world's most innovative cleantech companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media.
is bringing metal organic framework (MOF) materials to market. MOFs are a revolutionary new class of porous nanomaterial that have applications wherever gases need to be stored or separated, and have the potential to revolutionise natural gas storage, carbon capture and hydrocarbon separations. One gram of MOF material has the surface area of two football pitches and can store significantly more gas than the same empty volume.
One key application is fuel storage in natural gas vehicles (NGVs). NGVs are gaining popularity due to low fuel costs and environmental benefits, however storage and refueling still pose problems. Natural gas is stored at very high pressures in NGVs, meaning that heavy, cylindrical storage tanks are required. These must be filled at special refueling stations using large, expensive and power-hungry compressors.
Explaining how MOFs can provide a solution to these issues, Professor James, CTO of MOF Technologies said: "By enabling higher storage capacities at much lower pressures, storage tanks don't need to be as strong, so they can be much lighter and may even be shaped to fit the free space available in the vehicle. The lower storage pressure also means that new, costly refueling infrastructure such as specialized filling stations is no longer required and opens up the possibility of refueling vehicles in the home, from domestic gas supplies. The same gas supplies that power our central heating and gas ovens."
About Innovator Capital
Innovator Capital is a specialist investment bank advising Cleantech and Life Science companies from around the world. Established in 2003, Innovator focuses on the provision of expert strategic and capital markets advice, transaction arranging and M&A services for private and public companies.
SOURCE Innovator Capital
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