By Molly Burgess2019-02-01T15:11:00+00:00
MagneGas, a leading clean technology company in the renewable resources and environmental solutions industries, has rebranded as Taronis Technologies, Inc.
On top of the corporate rebranding, Taronis has launched a new website where it will feature new investor content including a library of production demonstrations, corporate and client interviews and more.
“This marks the beginning of a new chapter in our company’s progress,” said Scott Mahoney, CEO of Taronis Technologies, Inc.
“Today is a result of two years of hard work. First, we recapitalised the company to execute a complete business transformation. With that capital, we have driven 600% revenue growth and expanded across the US in 13 months through seven acquisitions.”
“Now, we want to fully put the past behind us and move forward as a strong, growing and exciting new global brand. We are now a resource conservation company, and we help manage two of our most precious resources; fuel and water.”
“Our new corporate mission statement is: cleaner – safer – smarter. Our technology will drive global solutions that meet these criteria at all times as we seek to solve some of the most pressing global issues at hand today,” Mahoney concluded.
MagneGas Applied Technology Solutions, Inc. and its European partner Infinite Fuels, GmbH, have been awarded a €6m ($7m) European Commission grant.
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