Lockheed Martin [NYSE: LMT] recently signed a manufacturing agreement with Concord Blue to provide all manufacturing support for the Concord Blue Reformer® technology, which converts waste to energy using advanced conversion technology. The company is now the exclusive manufacturing provider of the Concord Blue Reformer®.
In 2013, Lockheed Martin and Concord Blue Energy, Inc. reached an agreement to offer an advanced waste conversion system to address waste disposal, energy security and climate control issues. Advanced waste conversion is an emerging technology that uses gasification processes to convert waste products to electricity, heat and synthetic fuels. This solution addresses the current burden on landfills, conventional incineration and fossil fuels, as well as the desire for green baseload energy.
Concord Blue is a waste solutions innovator that transforms nearly any form of waste into a variety of clean, renewable fuels and energy. Unlike other available waste-to-energy processes, Concord Blue’s unique process employs a patented technology called steam thermolysis to convert waste material using heat transfer instead of incineration – efficiently producing the highest quality syngas without combustion. Concord Blue operates globally, with offices in the United States, Germany, India and Dubai.
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 113,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products and services. The Corporation’s net sales for 2013 were $45.4 billion.
For additional information, visit www.lockheedmartin.com/energy.