QUADRISE PLC (QED) — Annual General Meeting

Investor webinar replay

Replay transcript excerpt

It's now to just welcome you to the business update presentation, which I think many of you have been waiting for and certainly people online have been waiting for. Hopefully, you will have seen we did an RNS this morning of a business update, which enables us to talk to you here about the same things which are in that business update, which is now in the public domain. Look forward to that. Then there will be a Q and A. We will, this time, cover some of the pre submitted questions, which we didn't manage to do last year, because we took all the questions from the room. So, do it the other way around this year. Just to start off with few things. Are we and why are here? A lot of you will know this already. We have identified a huge commercial opportunity to decarbonize the shipping sector and difficult to abate energy intensive sectors. See first of all, we start off by saying there's a huge opportunity here, and we are looking to create the sustainable marine fuel, which you could compare in this way with the sustainable aviation fuels that we hear about such a lot. So, we have a huge opportunity out there. And our strategy, fundamentally, we are a technology business. And we have a licensing and tolling model for our products and technology. And that's our strategy. And how do we do it? We do that through providing transition technologies, particularly emulsion fuels technologies to supply MSAR and bio MSAR fuels. And these are lower cost and lower carbon fuels for these marine and other sectors. So that's who we are. Most of you in the room will know that already. You're going to hear a story today about the progress that we're making. I was going stand back just a little bit. I joined QUADRISE early in 2022. At that time, I came in and I was thinking this is quit...