CHAR Technologies Licenses High-Temperature Pyrolysis Technology to GazoTech SAS for Entry Into European Markets

Executive Summary

• CHAR Technologies entered into a formal technology know‑how licensing agreement with France‑based GazoTech SAS to deploy its High‑Temperature Pyrolysis (HTP) technology in France and selected European markets.
• The deal provides CHAR Tech with an upfront licence fee per equipment delivery and ongoing royalties tied to biocarbon production, creating a new revenue stream without capital project deployment.
• The agreement also opens the possibility for CHAR Tech to acquire equity interests in GazoTech‑developed projects, expanding its exposure to European biomass‑to‑energy initiatives.

Key Details

• Parties: CHAR Technologies Ltd. (licensor) and GazoTech SAS (licensee).
• Technology Licensed: Proprietary High‑Temperature Pyrolysis (HTP) system for converting waste wood/biomass into syngas, renewable natural gas or green hydrogen, and solid biocarbon.
• Geographic Scope: Projects in France and additional European markets on a project‑by‑project basis.
• GazoTech Project Pipeline:
• Industrial integration opportunity – waste biomass to syngas for thermal energy and biocarbon for metallurgical use.
• Bio‑Méthane Provence (BMP) – co‑located with former biomass power plant, advancing with key partners.
• Financial Terms:
• One‑time licence fee payable by GazoTech upon delivery of licensed HTP equipment to each project.
• Ongoing royalties linked to biocarbon production volumes.
• Potential future equity participation for CHAR Tech in projects using the licensed technology (subject to further negotiation).
• Service Obligations: CHAR Tech will provide paid process design, technology transfer, and engineering support; GazoTech will supply HTP equipment under licence.
• Strategic Rationale: Leverages GazoTech’s development capabilities to expand CHAR Tech’s European footprint while generating revenue without direct capital investment in projects.

Notable Quotes

• “Working with the team at GazoTech over the last couple of years has been extremely collaborative… we see a strong opportunity to leverage their development and technical capabilities to deploy HTP projects in France and, over time, across Europe.” – Andrew White, Chief Executive Officer, CHAR Technologies.
• “We are thrilled to partner with CHAR Tech to introduce their HTP technology into France and Europe… the ability to convert waste wood into low‑carbon gas and biocarbon at industrial scale aligns well with the needs of European industrial and energy users.” – Maël Disa‑Vingataramin, CEO, GazoTech SAS.