In Bændablaðið on Thursday, November 2, an article covered a cooperation agreement between Qair Iceland and Atmonia on the production of environmentally friendly ammonia at Grundartangi. Production is expected to begin in 2028. As the article points out, the agreement is currently a letter of intent, aiming to utilize Atmonia’s new technology to produce ammonia as an environmentally friendly energy carrier, using sustainable raw materials from Qair such as electricity and water.
More details can be found in the article in Bændablaðið.
Atmonia is part of the New Business Venture Fund’s portfolio, with the Fund first investing in the company in 2022.
