HyOrc Corp 8-K

What Happened HyOrc Corporation (HYOR) announced on March 24, 2026 that it entered a Binding Project Development and Technology Agreement with OnEnergy GreenPower EAD and On Energy EOOD (the OnEnergy Group) to collaborate on a waste‑to‑methanol facility in Bulgaria. Under the agreement HyOrc is the appointed technology partner for Stage 3, responsible for the thermochemical conversion of refuse‑derived fuel (RDF) into green methanol. The project is designed to process about 50,000 tonnes of RDF per year (approximately 150–155 tonnes per day, operating roughly 330 days per year), subject to final engineering.

Key Details

• Agreement effective March 24, 2026 between HyOrc and the OnEnergy Group (OnEnergy GreenPower EAD and On Energy EOOD).
• HyOrc appointed technology provider for Stage 3: thermochemical conversion of RDF to green methanol.
• Target processing capacity ~50,000 tonnes RDF/year; ~150–155 tonnes/day; ~330 operating days/year (subject to final design).
• HyOrc will develop the technical basis and process design and lead technical components for a potential European Union Innovation Fund submission; the agreement includes exclusivity for HyOrc technology, continuity of its technical role, confidentiality, and defined compensation if a party withdraws.
• Full agreement filed as Exhibit 10.1 to the Form 8‑K.

Why It Matters This agreement positions HyOrc to commercialize its waste‑to‑methanol technology on a mid‑scale project and to play a central technical role in a facility that could qualify for EU Innovation Fund support. For investors, the deal could lead to engineering and technology revenue and strengthens HyOrc’s project pipeline and credibility in converting RDF to green methanol. The filing does not disclose financial terms or guaranteed future revenues; the project remains subject to final engineering, funding, regulatory approvals and successful grant/subsidy applications.