Hypex Bio is a nitrate free emulsion explosive developed for use in civil underground and surface mining and construction rock blasting operations. Hypex Bio is an abbreviation for “Hydrogen peroxide explosive – biodegradable” and implies the use of hydrogen peroxide as a replacement for nitrate salts as primary oxidizer. By replacing nitrate based explosives with Hypex significant savings in ventilation and water treatment infrastructure may be achieved in combination with improved production cycles. Further, tremendous CO2 emission savings can be achieved by migrating to Hypex Bio. The team behind Hypex Bio believes the technology represents the first commercially available nitrate free emulsion explosive. Hypex offers a paradigm shift for the civil explosives markets and support the construction and extractive industries to fulfill the challenging but necessary environmental and sustainability targets set by the governments of the world. Significant efforts have been made to develop a stable, cost effective and reliable HPE type explosive which have led to a commercialization of the technology in the European Union through a CE certification process and multiple HPE patent applications. As a part of this commercialization, the HPE technology have been branched to the new Swedish entity Hytech. Hytech is capitalized to operate verification and implementation projects and have been organized with a experienced management board, investors and key experts to ensure the HPE commercialization success. Hytech holds laboratory, manufacturing, IP and regulatory assets making the entity ideally positioned to succeed in the commercialization of the Hypex Bio technology.