CarbonMeta Technologies Inc. and Kalahari Energy Limited announced they have signed a Binding Memorandum of Understanding for a joint cooperation to process coalbed methane into hydrogen and solid carbon. Kalahari Energy (Botswana) Limited, through its subsidiary Sekaname (Pty) Ltd. is in the process of commercializing coalbed methane resources in Botswana with the objective of reducing the country's carbon footprint. Through this joint cooperation, CarbonMeta and KEB/SEK plan to integrate a patented microwave catalytic decomposition technology to process methane into hydrogen fuel and high-value carbon products affordably and without CO2 pollutants.

Kalahari Energy (Botswana) and CarbonMeta will each own 50% stakes in the joint venture and the products that will be generated by the plant. Kalahari Energy (Botswana) shall contribute gas feedstock, which has been estimated to be over 10 trillion cubic feet. CarbonMeta shall contribute the microwave catalytic decomposition equipment and processes needed to transform the natural gas feedstock into hydrogen fuel and high-value carbon products, including graphite, graphene, and carbon nanotubes.