MagneGas Corporation is one of the leading alternative energy companies in the United States. Headquartered in Tarpon Springs, Florida, the business is engaged in the transformation of carbon-rich liquids into hydrogen-based alternative fuel. The company’s proprietary Plasma-Arc Technology sterilizes liquid waste from sewage or leachates and transforms these resources into useful energy. The offerings of the company include MagneGas 2, Co-Combustion and other Sustainable Solutions. Through these solutions, businesses and establishments are able to transform their waste materials to power some of their daily operations, thus promoting sustainability in their business and operational cost.
The company is traded publicly on the NASDAQ Capital Market and uses the symbol MNGA. It remains a component of the Wilshire 5000 Index.