1414 Degrees Completes SiBox Milestones, Keeps Full IP Ownership
1414 Degrees has completed all technical milestones with Woodside, retaining full ownership of its SiBox technology and advancing commercialisation efforts in industrial decarbonisation and hydrogen.
- Completion of all SiBox technical milestones with Woodside
- Woodside retains non-exclusive SiBox licence without equity conversion
- 1414 Degrees keeps full ownership of SiBox intellectual property
- Ongoing development of SiPHyR turquoise hydrogen technology
- Advancement of Heat-as-a-Service and industrial decarbonisation models
Milestone Achievement and IP Control
1414 Degrees Ltd (ASX – 14D) has announced the successful completion of all technical milestones under its SiBox Development Agreement with Woodside Energy Technologies. This marks a significant step for the company, as it retains full ownership and control over the SiBox intellectual property (IP), a critical asset in its industrial decarbonisation portfolio.
Woodside will maintain a non-exclusive licence to exploit the SiBox technology but has opted not to convert its funding into equity or joint ownership of the IP. This arrangement preserves 1414 Degrees’ ability to fully capitalise on the commercial potential of SiBox without dilution or shared control.
Commercialisation Pathways and Market Positioning
With the SiBox IP firmly under its control, 1414 Degrees is actively pursuing multiple commercialisation avenues. These include Heat-as-a-Service (HaaS) models aimed at industrial customers seeking cost-effective, decarbonised heat solutions. The company is also exploring opportunities within the Aurora Energy Precinct, leveraging its strategic renewable energy project near Port Augusta, South Australia.
The SiBox technology’s ability to deliver consistent, high-temperature heat on demand positions it as a vital enabler for industries transitioning away from fossil fuels. As global demand for long-duration energy storage grows, 1414 Degrees is well placed to meet the needs of heavy industry sectors aiming to reduce carbon emissions.
Advancing Hydrogen Innovation
Beyond SiBox, 1414 Degrees continues its collaboration with Woodside and other partners on the SiPHyR turquoise hydrogen technology. This innovative methane pyrolysis reactor integrates storage and aims to produce low-emission hydrogen alongside solid carbon, using renewable energy inputs. Woodside’s prior commitment of $1 million in funding and expertise underscores the strategic importance of this project.
The dual focus on heat and hydrogen technologies highlights 1414 Degrees’ broader commitment to industrial decarbonisation and renewable energy integration, reinforcing its position as a technology leader in the sector.
Looking Ahead
While the company has secured key technical and IP milestones, the next phase will be critical in translating these achievements into commercial contracts and scalable deployments. The ongoing discussions with industrial operators and the development of pilot projects will be closely watched by investors and industry observers alike.
Bottom Line?
1414 Degrees’ retention of SiBox IP and ongoing innovation set the stage for pivotal commercial breakthroughs in industrial decarbonisation.
Questions in the middle?
- What are the specific terms and financial implications of Woodside’s non-exclusive SiBox licence?
- When will 1414 Degrees secure commercial contracts or pilot projects to monetise SiBox technology?
- How will the SiPHyR hydrogen project progress in terms of scale and market adoption?
