Metaconas, through its subsidiary Helbio, initiated an in-depth collaboration with the Swiss-based company WattAnyWhere by entering into an exclusive partnership agreement for the supply and further development of Helbio's ethanol reformers to WattAnyWhere's off-grid fast charging stations for battery-electric vehicles. WattAnyWhere ("WAW") has, together with Helbio, developed a electricity generator (Genset) based on unique solution for reforming ethanol into hydrogen.thanol is a fossil-free renewable raw material that is available in large quantities after the E85 fuel for passenger cars saw reduced importance. At the same time, ethanol has long been distributed in this form to several gas stations around the world, and major commercial investments in ethanol production are facing significant challenges.

With WAW's Genset solution, ethanol producers gain access to a whole new growth market for ethanol. WAW's Genset is an innovative product that produces on-site electricity to enable fast charging of battery vehicles. With more and more battery vehicles on the road, the need for charging stations will increase at a rate that will not always be able to be supported by existing electricity distribution.

Owners of battery-powered vehicles already experience that there is not always enough access to power to be able to fast charge their cars when it is needed the most. With Waw's Gensets, charging stations will have access to electricity regardless of when the supply of grid electricity is low or even non-existent and even when it is as most expensive. In order to create good conditions for the partnership, WAW has obtained an exclusivity for the European market with an option to expand if the business develops positively.

Metacon has reserved the right to all uses for the ethanol reactor that are not covered by the exclusivity of the partnership. A Genset can operate completely off-grid and can be placed in areas where a battery car cannot normally be charged. WAW also sees other uses for its Gensets that can be connected to local power grids ("Microgrids") when the electricity is not needed for charging battery vehicles.

Heat and water, which are by-products from a Genset, can also be used locally. With the partnership, Metacon gains access to a new and important market that gives the opportunity to produce and sell ethanol reforming technology. Securing the possibility of delivering ethanol reformers to WAW in the future means that Metacon opens up another business area for patented catalytic reactor technology.