dynaCERT (TSX.V-DYA) (OTCBB-DYFSF) announced the following:
- The lease and build out of an 8,000 sq ft expansion for assembly of the HydraGen for the trucking industy, with a production capacity of 2,000 units/month based on an 8 hour shift
- In discussions for funding through both federal and provincial government grant and loan programs for new equipment and additional manpower for the new facility
- Current facility will be converted to R&D and production for shipping, rail and large stationary power generation products. There is a planned financing program regarding these emerging markets and are working with the Government and Port supports. With these new and ongoing government grant applications, dynaCERT has adopted to adhere to the Ontario Government requirements-validation process to ensure qualification under any of the Federal Government programs
- dynaCERT is working with several trucking firms in Ontario and has HydraGen units and data loggers installed on 2012-2016 transport trucks, collecting data to complete the new algorithms for the new Smart ECU
- dynaCERT’s engineers and scientists are working with the RMF Design & Manufacturing team of electronic engineers along with Diesel & Electronic Technicians who are consultants from two major OEM companies to finalize the electronic interface of the “Smart ECU” and filing patents on these. The technology of the new “Smart Ecu”, or brain, will resemble a smart phone where it is always learning and will:
- communicate with the onboard computer along with reading, collecting and storing data of fuel efficacy and emissions
- enable remote access by both dynaCERT and end users
- provide monitoring for Carbon Credits and GPS tracking
- Entered into a contractual agreement with a company representing dynaCERT’s product suite within the country of India with the intent to ship and sell products with the option to purchase a licensing agreement for manufacturing with an ongoing royalty commitment per unit. India represents about 1.5 million buses, 5 million trucks and numerous diesel power plants and has recently announced requirements to meet more stringent emission reductions.
- dynaCERT has partnered with Global Access Capital Corp to provide lease options for dynaCERT’s technology customers. Go to: www.globalaccesscapital.ca or www.dynacert.com for more information.