Verde Clean Fuels, Inc. Announces Revised Strategy to Deploy Technology and Streamline Costs While Evaluating Strategic Alternatives

HOUSTON--(BUSINESS WIRE)--Verde Clean Fuels, Inc. (NASDAQ: VGAS) ("Verde†or the "Company†) announced today a revised strategy to deploy its innovative and proprietary liquid fuels processing technology through capital-lite opportunities. In connection with its revised strategy, the Company is implementing a material cost reduction program targeting a 50% reduction in cost. "We own a proprietary advanced-fuel conversion technology platform designed to convert low-value or stranded feedstocks in. ...