Greenway Technologies Announces Letter of Intent with Plymouth GC

Source · https://www.globenewswire.com/news-release/2026/05/29/3303586/0/en/Greenway-Technologies-Announces-Letter-of-Intent-with-Plymouth-GC.html

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1
Greenway Technologies signed a Letter of Intent with Plymouth GC to license its gas-to-liquids and gas-to-hydrogen technologies. — This represents a transition from a pre-revenue R&D stage to potential commercialization and recurring revenue.
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The agreement with Plymouth GC is non-binding and subject to definitive agreements, board approval, and other closing conditions. — The non-binding nature of the LOI introduces execution risk, as the deal could still fail to materialize.
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Greenway expects to negotiate the definitive agreement with Plymouth by the third quarter of 2026. — Provides a specific timeline for the next catalyst, though the impact is modest until a binding contract is signed.
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