H Quest holds the exclusive license to develop and deploy Wave Liquefaction,⢠a technology for converting solid hydrocarbons to liquid fuels and chemicals, originally invented with DARPA funding at a Department of Energy national lab. The initial application of Wave Liquefaction⢠is manufacturing of synthetic crude oil from coal and natural gas (projected production costs are below $30 per barrel). The Wave Liquefaction⢠process has a broad application profile; it may be used to produce biofuels, petrochemicals, coal tar, marine fuels, heating oil, and other products. Wave Liquefaction⢠is a rapid, efficient, continuous process, with a compact footprint, a simple modular design, high feedstock flexibility, and liquid yields exceeding 50% wt (d.a.f.) for most coals tested. It has a low environmental impact, with little to no CO2 emissions or water consumption. H Quest Vanguard operates a facility at U-PARC (former Gulf Research Labs) campus in Har
