FCL-X™ is a proprietary water-based solution that neutralizes hazardous reactions during lithium-ion battery fires by mitigating lithium oxidation and stabilizing decomposing electrolytes, ensuring effective suppression without re-ignition and minimal cleanup. The company also operates a permitted lithium carbonate processing facility in Georgia, United States, with an initial 2,000 tpa capacity (expandable to 10,000 tpa), employing advanced recycling methods, automated component separation, discharge management, and hydrogen generation control.
FCL-X™: a non-hazardous, water-based fire extinguishing agent engineered for lithium-ion battery fires. It neutralizes reactive chemicals, stabilizes electrolytes, prevents re-ignition, and reduces cleanup time. Available for commercial, industrial, transportation, and residential use.
Global distribution agreement with US Fire Pump Company; testing completed with a major EV manufacturer and Georgia Ports Authority; initial FCL-X™ sales exceeded $300,000; $1.5 million secured through equipment sales for manufacturing and marketing.
Paul Fornazzari holds 15.7%; Commodity Capital AG holds 10.7%; CEO Carlos Vicens holds 5.8%; Franco Mignacco holds 1.4%; CTO William Bourcier holds 1.1%. The company raised $1.6M in a private placement and $9.8M in concurrent financing from its go-public transaction.