Aether Catalyst announced a $500,000 non-brokered private placement in June and has now amended the terms of the financing to up to $525,000 priced at $0.15 per unit which includes a one half warrant priced at $0.25 for a period of 12 months.
One of the successes that Aether has had over the past three years is the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) funding which contributed over $450,000 to the company. On August 24th, Aether announced an additional non-repayable contribution of up to $250,000 alongside another up to $20,000 funding through NRC IRAP’s Youth Employment Program. This funding is indicative that the NRC IRAP has sufficient confidence in Aether’s technology to continue to support its development. The contribution will support their research and development project and enable Aether to significantly speed up the time to get its technology to market by allowing additional capital and human resources to be dedicated to the project.
Given COVID’s effect on the ability of the large manufacturers returning to their R&D departments, Aether is continuing its development on the low cost catalyst for automobiles but also targeting the urban air polluters such as lawn mowers and leaf blowers. These small motor engines cause much more greenhouse gas emissions than we realize and environmentalist are targeting change for this. Aether feels that their technology could be implemented on small motors at a price point that would not adversely affect the sale of them.
In early August, COO of Aether Catalyst, Greg James, was asking to present at the North American Monetary Metals Summit. Greg and the Organizer, Robert Kientz discuss the significance of Aether’s technology which reduces the use of precious metals for catalytic converters and how this could save the automobile industry billions. https://www.youtube.com/watch?v=LurzQXz-tWQ&t=1053
dynaCERT (TSX.V-DYA) (OTC:DYFSF) announced that its HydraGENä Technology has received, from the German Design Council, the prize for Energy Solutions in 2019 in the Business-to-Business category at the German Innovation Awards (“GIA”) competition.
Enrico Schlaepfer, Global Marketing Vice President of dynaCERT, as well as Wolfgang Klatzer, European Marketing Manager of dynaCERT, attended the GIA ceremony in Berlin on May 28, 2019.
The German Innovation Awards honour products across all industrial sectors. The GIA considers products that distinguish themselves primarily by their enhanced value to users when compared with earlier technology or design. The organization selectively grants awards for innovations that shape the future and improve our lives.
The competition is aimed not only at industrial giants but also for everyone who contributes to a better future with their innovations to society, such as dynaCERT. In addition to recognizing the best engineering or other technological achievements, the German Design Council promotes dialogue between small, medium and large enterprises, governments, suppliers and manufacturers, potential partners and the general public.
Jim Payne, President and CEO of dynaCERT stated, “It is a great honour to receive this notable award in the Energy Solutions category as we set out to prepare to market and sell our products in Germany and throughout Europe. I commend all our people at dynaCERT for successfully teaming up to further the HydraGENä Technology internationally and I also thank the German Design Council for this gracious award. Our HydraGENä Technology is gaining recognition in many respectable organizations that are interested in finding solutions for pollution within the European community. European business managers are demonstrating sensible leadership in this regard.”
Innovative companies like dynaCERT Inc. $DYA $DYFSF will help take Ontario’s transportation sector into the future. Ministers Rod Phillips and Jeff Yurekvisited their office in Toronto to learn more about how their technology is reducing carbon emissions for large transportation vehicles.
Click this link for video of Head Office and Plant visit at dynaCERT: https://www.facebook.com/watch/?v=1026756650865419