Greenway Technologies Announces Term Sheet with Swift Creek, LLC

Core Viewpoint - Greenway Technologies, Inc. has signed a non-binding term sheet with Swift Creek, LLC to collaborate on the commercialization of its gas-to-liquids and gas-to-hydrogen technologies, marking a shift from research and development to commercial operations [1][3]. Group 1: Partnership Details - The term sheet outlines SCL's intention to purchase a patented Greenway G-Reformer™ unit and Fischer Tropsch unit to produce a minimum of five barrels per day, with a purchase price of $16 million [2]. - Greenway will retain 20% of the offtake from the production of liquid hydrocarbons and SCL will act as a representative to promote and market Greenway's systems [2]. - Definitive documentation is expected to be negotiated by the first quarter of 2026 [2]. Group 2: Technology and Development - Greenway has invested over 10 years in R&D to develop clean gas-to-liquid and gas-to-hydrogen solutions, focusing on producing valuable liquids without carbon emissions [3]. - The G-Reformer™ units can produce synthetic diesel blend stock, jet fuel, sustainable aviation fuel, and valuable tech water, utilizing natural gas efficiently [3]. - Greenway is also exploring the production of methanol as a clean-burning hydrocarbon fuel, which is in high demand due to global interest in lower carbon standards [3][5]. Group 3: Leadership and Vision - The partnership with SCL is strengthened by the evolving leadership at Greenway, which has enhanced collaboration and aligned visions for sustainable growth [3]. - Swift Creek's Managing Partner expressed confidence in Greenway's technology and leadership, emphasizing the potential impact on natural gas utilization, especially in tribal areas with stranded natural gas resources [3].