THE FUEL MATRIX, LLC, SELECTED TO JOIN THE EASTERN PACIFIC ACCLERATOR POWERED BY TECHSTARS 2020 IN SINGAPORE, REGISTERS FUEL MATRIX MARITIME SERVICES, INC., A JOINT MARKETING COMPANY FOR THE MARITIME SECTOR
The Fuel Matrix, LLC, developer, manufacturer and marketer of breakthrough energy saving and emissions reducing fuel treatments, will team up with leading accelerator Techstars and their partner Eastern Pacific Shipping to bring new fuel solutions to the maritime sector.
HENDERSON, NV: 16 November 2020 — The Fuel Matrix, LLC, today announced that it has been selected by Eastern Pacific Shipping and Techstars to join the 2020 Eastern Pacific Accelerator Powered by Techstars based in Signapore. As part of this collaboration, The Fuel Matrix, LLC had registered a new marketing company named Fuel Matrix Maritime Service, Inc. and received a minority investment in this subsidiary from Techstars.
“We look forward to working with shipping companies, bunker fuel providers and others to bring the incredible emissions reductions of our product to ocean fleets” said Fuel Matrix Europe’s Managing Director Behnam Vossoughi. “It is an honor to partner with Techstars and Eastern Pacific Shipping as their reputations for introducing innovation are second to none.”
About the Eastern Pacific Accelerator Powered by Techstars
The mission of the Eastern Pacific Accelerator Powered by Techstars is to help select startups build large businesses in the hundred-billion-dollar maritime industry. To that end, the program focuses on proof-of-concept conducted onboard shipping vessels as well as extensive networking and mentoring from the shipping industry and the investor community. Please see https://www.techstars.com/newsroom/announcing-the-techstars-eastern-pacific-accelerator-class-of-2020
About The Fuel Matrix, LLC
The Fuel Matrix, LLC, develops and markets Fuel Matrix, a novel fuel treatment that increases fuel efficiency and reduces harmful emissions from a wide range of liquid fossil fuels. Headquartered in Henderson, NV USA, The Fuel Matrix intends to improve the performance of fossil fuels worldwide while helping companies and governments meet tomorrow’s emissions standards today. Learn more at www.thefuelmatrix.com.
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