Comstock licences NREL and MIT tech for cellulosic SAF production

In Nevada, Comstock Inc. announced the execution by Comstock’s wholly-owned subsidiary, Comstock IP Holdings LLC, of an Exclusive License Agreement and Cooperative Research and Development Agreement with Alliance for Sustainable Energy LLC, the managing and operating contractor of the U.S. Department of Energy’s National Renewable Energy Laboratory involving technologies developed by NREL and the Massachusetts Institute of Technology for conversion of lignocellulosic biomass into aromatic sustainable aviation fuel. NREL and MIT are separately party to an Inter-Institutional Agreement that appointed NREL the exclusive right to license NREL’s and MIT’s joint intellectual properties, and Comstock IP Holdings previously granted Comstock Fuels Corporation the master exclusive rights for commercialization of its existing and new renewable fuels technologies.