Aether (CSE-ATHR) is focused on providing a significant (>85%) cost reduction in automotive catalytic converter catalyst, while meeting, or exceeding government emission standards. Aether has developed a patent pending catalyst (catalytic converter) for automotive emissions abatement that contain no precious metals. A direct replacement for over $20 billion of platinum-group metals (PGMs) at a fraction of that cost. A low-cost, high-performance, three-way catalyst to replace the costly precious metals currently utilized in automotive catalytic converters, a technology that does not contain any platinum, palladium or rhodium.
Aether Catalyst (CSE:ATHR) was founded in 2011 and has been developing its current base metal catalyst, for use initially in the automotive industry, since 2016. The company, prior to moving to new custom-built laboratory space in December 2018, was carrying out its research at 4D LABS, a $65 million applications and science-driven research institute at Simon Fraser University, located in Burnaby, British Columbia, Canada.
The company’s recent technological developments have resulted in a catalyst that performs well and has attracted the attention of two of North America’s OEMs and one from Asia. Aether is improving the performance of its catalysts through on-going optimization programs.
Aether Catalyst has 41M shares outstanding.