KeithDPatch<p><a href="https://mastodon.mit.edu/tags/Engineering101" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Engineering101</span></a><br>I say: "Past performance is no guarantee, but in engineering it’s often the best predictor of future success."</p><p>-2010 Solena Fuels (same CEO, same plasma process) had British Airways <a href="https://mastodon.mit.edu/tags/SAF" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SAF</span></a> agreement↙️ <br>-2015 Solena bankrupt<br>-2020 SGH2 touted Calif <a href="https://mastodon.mit.edu/tags/H2" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>H2</span></a> plant↘️ </p><p>-What's next?</p><p>⏬ Well, on 1Apr2025 the SGH2 Lancaster, CA LLC was declared "Forfeited - FTB" by the CA Franchise Tax Board.</p><p>Forfeited is usually due to failure to meet CA tax requirements.</p><p>Not sure if bankruptcy is next...</p>