AmmPower Corp.
AMMP.CN
Canadian Securities Exchange0.03
CAD
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AmmPower Corp.
AMMP.CN
(Canadian Securities Exchange)
Recent
price
0.03
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div
yld
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ROIC.AI
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- AmmPower Corp. (AMMP.CN) is a clean energy company focused on the production of green ammonia, which serves as a carbon-free fertilizer, shipping fuel, and hydrogen carrier through cracking processes. The company designs, manufactures, and sells Independent Ammonia Making Machine (IAMM) units that produce high-purity anhydrous ammonia from water and air using renewable energy, the Haber-Bosch process, and proprietary reactor technology; these modular, scalable units generate up to 4 metric tons per day per unit, with options for stacking to increase output, and target applications in agriculture, industry, maritime, ports, heavy equipment, and on-site fertilizer production for farms and co-ops. AmmPower also develops retro-fit equipment, custom production plants for maritime and port uses, and technologies for green hydrogen feedstock, positioning it in the renewable energy sector with emphasis on sustainable alternatives for heavy industries. Headquartered in Toronto, Ontario, Canada, with a manufacturing and development facility outside Detroit in Southeast Michigan, United States, AmmPower was founded in 2019 and previously listed under the symbol SOLD before changing to AMMP in 2020; it operates primarily in Canada and the United States, generating most revenue from the latter, while pursuing opportunities in Australia, Brazil, and Ukraine. Recent developments include the completion of a pre-feasibility study and site layout plan for a green ammonia plant at Porto Central deep-water port in Brazil's Espírito Santo state; the signing of a memorandum of understanding (MOU) with Klean Industries in July 2025 to integrate waste-to-energy hydrogen production for IAMM units and enable decentralized ammonia solutions across North America; participation in a U.S. Department of State pilot program for clean fuels from small modular reactors in Ukraine announced in November 2024; the acquisition of 50.05% of Progressus Clean Technologies Inc. in January 2023 to enhance ammonia production efficiency via hydrogen generation; and the official opening of its Michigan manufacturing facility.