QS Energy and AAIBO Finalize Strategic Energy Partnership

QS Energy, Inc. has achieved a pivotal milestone by signing a consortium-based Memorandum of Understanding (MOU) with the Australia Asia India Business Organization (AAIBO) and VIPS Petroleum. This agreement aims to advance energy efficiency through the deployment of Applied Oil Technology (AOT) devices in Southeast Asia, a region experiencing rapid industrialization and increased energy demands due to population growth and urbanization.

The MOU, which expands on QS Energy's previous plans in Malaysia, now encompasses state-owned oil and gas enterprises across eight countries, including Vietnam, Indonesia, and Thailand. This approach facilitates the deployment of an estimated 200 AOT units over five years, promising reduced crude oil viscosity and lowered transport costs.

QS Energy's initiative emphasizes the importance of American innovation, as all AOT units will be manufactured in the U.S., fostering job creation and highlighting U.S. technology's role in global energy advancements. This collaboration not only reflects the company's commitment to its strategic objectives but also reinforces its position in the global energy market.