Cryogenic storage capability of hydrogen is important to Eden, which is developing a technology package related to the production, storage and use of hydrogen.

The acquisition was done through Eden’s wholly owned US subsidiary, Eden Cryogenics, which operates a cryogenic design and fabrication facility in Columbus, Ohio.

Cryogenic Technical Services President and founder Dr. Glen E. McIntosh established CTS 28 years ago as a cryogenic design and consulting company and, at the request of NASA, expanded it into specialty fabrication.

“Dr McIntosh is a world renowned authority on cryogenic engineering with more than 50 years experience in the design of a vast range of cryogenic equipment and management of low-temperature technology,” Eden said.

“His work has covered many areas, including thermal and mechanical design of cryogenic dewars, thermodynamic and physical design of process equipment, cryogenic heat exchangers, mechanical and thermal design of superconducting magnet cryostats, research apparatus and other equipment.

“Dr McIntosh has authored or co-authored approximately 75 publications and been granted 7 patents involving a variety of cryogenic innovations covering multilayer insulation, storage and transport dewars and hydrogen liquefaction.”

McIntosh will continue to work for CTS as its chief technology officer.

Eden Energy said the acquisition of CTS greatly extended the scope and capacity of Eden Cryogenics and was expected to substantially increase the company’s cashflow (sales for the current quarter are already approximately US$500,000) from a wide range of customers and to open up a far wider market for the broader range of services.

As part of its current development work, CTS is fabricating for Eden subsidiary Hythane Company a storage container for cryogenic Hythane, a mixture of liquefied natural gas and hydrogen which Eden claims has significant market potential for the large truck and locomotive markets that use LNG as a fuel.

“The CTS suite of technology also has great relevance to various other Eden Group companies, including its technology related to liquefaction and storage of LNG and liquid hydrogen,” Eden said. “Eden Cryogenics proposes to commercialise and market a range of these technologies on a global basis.”

The total cost for the acquisition of the assets of CTS was US$200,000 plus the commitment to issue to McIntosh, over a three year period, 300,000 options to acquire shares in Eden Energy, under the Eden Energy employee share option plan.

McIntosh will also receive a royalty of 3% of the production-generated revenues to be derived from the commercialisation of his designs and inventions that Eden has acquired.