Qs Energy Inc. (QSEP)
OTC PINK OTC PINK Primary Summary
QS Energy Achieves Phase 4 Milestone with Southeast Asia's Leading Energy Producer
Advancing Energy Efficiency and Expanding AOT Deployment Globally TOMBALL, TX / ACCESSWIRE / December 10, 2024 / QS Energy, Inc. (OTCQB:QSEP), a leader in crude oil transportation efficiency, proudly announces a significant milestone in its partnership with VIPS Petroleum: the successful signing of a consortium-based Memorandum of Understanding (MOU) with the Australia Asia India Business Organization (AAIBO). This agreement, which builds on the progress outlined in QS Energy's September 2024 press release, represents a transformative evolution of the company's Southeast Asia strategy.
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Qs Energy Inc. Profile
| Energy Equipment & Services Industry | Energy Sector | Cecil Bond Kyte CEO | OTC PINK Exchange | 74736R106 CUSIP |
| US Country | 1 Employees | - Last Dividend | - Last Split | 21 Oct 1998 IPO Date |
Overview
QS Energy, Inc., originally founded in 1998 as Save the World Air, Inc., underwent a significant transformation to focus on the development and commercialization of energy efficiency technologies both in the United States and internationally. Headquartered in Tomball, Texas, the company aims to address critical energy demands while improving the economics of oil transport and contributing to the reduction of greenhouse gas emissions. QS Energy's intellectual property portfolio is bolstered by a collection of domestic and international patents, developed in collaboration with and licensed from Temple University in Philadelphia, Pennsylvania. Operating primarily within the upstream and midstream energy sectors, the company has positioned its innovative offerings as essential solutions in the evolving landscape of energy efficiency and environmental sustainability.
Products and Services
Applied Oil Technology (AOT)
This commercial-grade product is the cornerstone of QS Energy's offerings, designed to enhance the efficiency of crude oil pipeline transportation. By deploying a high-intensity electrical field, Applied Oil Technology significantly reduces the viscosity of crude oil while it is in transit. The result is a more fluid movement of oil through pipelines, which can lead to substantial improvements in operational efficiency, reduced energy consumption, and decreased operational costs. AOT is particularly valuable to entities involved in the upstream and midstream sectors of the energy industry, offering a pragmatic solution to the challenges of transporting heavy crude oil over long distances.
