Sparc Technologies (ASX:SPN) said the construction of Sparc Hydrogen's, a partnership between Sparc Technologies and Fortescue (ASX:FMG), patented photocatalytic water splitting reactor technology is progressing on schedule and budget, with commissioning expected to commence during July, according to a Wednesday Australian bourse filing.
The partnership is engaging with several patent offices regarding Sparc Hydrogen's exclusively licensed reactor technology following a first patent grant in Morocco in January.
Sparc Technologies is also continuing its dual-track approach to commercializing the ecosparc graphene-based additive in widely used epoxy-based protective coatings through collaboration with major coatings companies on testing and field trials as well as conducting testing and field trials with large asset owners.
The firm's shares fell 3% in recent trading on Wednesday.
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