| Oil, Gas & Consumable Fuels Industry | Energy Sector | Scott Mahoney CFA CEO | OTC PINK Exchange | 876214206 CUSIP |
| US Country | 87 Employees | - Last Dividend | 26 Aug 2019 Last Split | - IPO Date |
Taronis Technologies, Inc. is a technology firm committed to addressing the challenges posed by natural resource limitations, focusing primarily on solutions within the United States. Established in 2005 and headquartered in Peoria, Arizona, the company rebranded from MagneGas Applied Technology Solutions, Inc. to its current name in January 2019. Taronis is at the forefront of innovation with its flagship product, MagneGas, a synthetic fuel that is hydrogen-derived. This fuel serves as an effective alternative to acetylene and other natural gas-based fuels utilized in metal cutting and various commercial applications.
MagneGas is a synthetic, hydrogen-derived fuel designed to replace traditional fuels such as acetylene. It is primarily used in metal cutting processes and has applications across various commercial industries due to its efficiency and effectiveness.
This innovative system facilitates the production of MagneGas, providing a reliable method for generating this synthetic fuel. In addition to fuel production, the Plasma Arc Flow System is also employed in water purification and disinfection processes.
Taronis Technologies markets and licenses its proprietary plasma arc technology, which is utilized for gasification, waste treatment, and other applications. This advanced technology plays a vital role in promoting sustainable practices and efficient resource utilization.
Through its retail outlets, Taronis offers MagneGas fuel alongside a range of other industrial gases. The company supplies welding equipment as well, catering to the needs of various industries that require reliable and effective gas solutions.