Breaking Cleantech Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) Launches $2,500,000 Non-Brokered Private Placement of Equity; @dynaCERT

Breaking Cleantech Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) Launches $2,500,000 Non-Brokered Private Placement of Equity; @dynaCERT

 

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

 

TORONTO - May 17, 2024 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce that it has initiated a non-brokered private placement of equity (the Offering") of up to 16,666,667 units. Each unit (a "Unit") shall be priced at $0.15 per Unit for a total maximum Offering of $2,500,000. All dollar values are in Canadian dollars.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of dynaCERT Inc.

 

Read this news, featuring DYA in full at

https://www.investorideas.com/news/2024/05171DYA-Non-Brokered-Private-Placement-of-Equity.asp

 

Each Unit shall consist of one (1) common share of the Company (a "Common Share") and one-half (1/2) of a common share purchase warrant. Each whole warrant (a "Warrant") is exercisable into one (1) Common Share at an exercise price of $0.20 per Warrant at any time for a period commencing upon the closing of the Offering (the "Closing Date") for a period of thirty-six months thereafter.

 

If at any time after the date that is four months and one day after the Closing Date, the closing trading price of the Common Shares on the Toronto Stock Exchange is greater than $0.35 per Common Share for a period of ten (10) consecutive business days, then the Company may give notice thereof to the holders of the Warrants, and, in such case, the expiry time of the Warrants shall be accelerated and shall be the 30th day after the date on which such notice is deemed to have been given by the Company.

 

The gross proceeds of the Offering will be used to finance sales of the Company's HydraGEN™ Technology Products to participants in the mining, oil & gas, transportation and generator sectors on a global basis, for working capital and debt repayment, for general corporate purposes, and to settle advisory fees and permitted finders' fees under applicable securities legislation (if applicable).

 

The Offering will be offered for sale to purchasers (i) in all provinces of Canada pursuant to available private placement exemptions, (ii) in the United States on a private placement basis pursuant to available exemptions from the registration requirements under the United States Securities Act of 1933, as amended, and (iii) in offshore jurisdictions as may be agreed to by the Company pursuant to available prospectus or registration exemptions in accordance with applicable laws.

 

The Units (and underlying securities) shall be subject to a statutory hold period that will extend four (4) months plus one day from the Closing Date.

 

Subject to applicable securities regulation, the Company may pay finders fees consisting of up to 5% cash and 5% compensation warrants in connection with the Offering. The compensation warrants shall be exercisable into Units at a price of $0.18 per compensation warrant.

 

Closing of the Offering is subject to completion of formal documentation and receipt of all necessary regulatory approvals, including approval of the Toronto Stock Exchange.

The securities offered hereby have not and will not be registered under the United States Securities Act of 1933 (the "1933 Act") and may not be offered or sold in the United States or to U.S. persons (as defined in Regulation S under the 1933 Act) unless the securities have been registered under the 1933 Act or are otherwise exempt from such registration.

 

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.

 

READER ADVISORY

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, information relating to Jeff Zajac cannot be independently verified. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

 

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

 

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

 

On Behalf of the Board
Murray James Payne, CEO

 

Contacts

For more information:
Jim Payne, CEO & President
dynaCERT Inc.
#101 - 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

 

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

 

dynaCERT Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on Investorideas.com

 

Visit profile page

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. contact management and IR of each company directly regarding specific questions. Disclosure. DYA is a monthly featured cleantech stock on Investorideas.com effective March 1, 2024 for 6 months. (equivalent of 3500 month in stock) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

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Breaking Cleantech Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) Appoints Bernd Krueper as President & Director, Expanding Leadership Team for Global Growth and Innovation; @dynaCERT

Breaking Cleantech Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) Appoints Bernd Krueper as President & Director, Expanding Leadership Team for Global Growth and Innovation; @dynaCERT

 

TORONTO - May 13, 2024 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce the appointment of Mr. Bernd Krueper as President of the Company and as a Director to serve on the Board of Directors of the Company.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of dynaCERT Inc.

 

Read this news, featuring DYA in full at https://www.investorideas.com/news/2024/05131DYA-Bernd-Krueper.asp

 

As the new President of dynaCERT, Mr. Krueper will provide hands on supervision and senior responsibilities leading the enterprise's further development and international global world-wide expansion with a view of growing the sales volume of the Company's products and the Company's new production initiatives.

 

Mr. Jim Payne remains as Chief Executive Officer and Director of dynaCERT and continues also as Chairman of the Board. Former Chairman, Mr. Wayne Hoffman, continues to serve on the Board of Directors of dynaCERT and takes on the new role of Lead Director of dynaCERT.

 

Mr. Bernd Krueper is a dedicated and results-driven Executive with more than 30 years track record and comprehensive experience in international leadership roles in the Automotive and the Off Highway industry as well as in Sustainable Energy and Power Generation solutions and in Precision Machining.

 

Mr. Krueper brings to dynaCERT top management and C-Suite level expertise having founded and headed numerous entities. He has M&A Transaction skills, strong competence in Finance, Marketing, Sales, Service & Operations and Restructuring & Turnaround management experience. Mr. Krueper also brings to dynaCERT his experience in successfully driving profitable growth, performance increases, sustainable technology road mapping and digital transformation.

 

Mr. Krueper's career accomplishments include the following:

 

• Deputy Chairman of the German engine manufacturer association "VDMA, section Engines & Systems", representing leading German and international engine brands. Lobbying and consulting Political Authorities and Decision Makers in Germany and the European Union, e.g. on emission legislation, ESG criteria, Renewable Energy and Non-Fossil Fuel Solutions like Hydrogen.
• Various Executive Advisor, Supervisory Board Member and Cooperation Partner roles in start ups and well developed companies like Battery Systems, Telematics, Digitalization and Financial Advisory.
• 6 years CEO at Motorenfabrik Hatz GmbH and 2.5 years CEO of Hatz Components GmbH in Southern Germany, heading Turnaround Management and Performance Increase as well as the company's development from a diesel engine manufacturer to a leading solutions provider for Propulsion and Power Generation incl. digitalization and alternative fuel, hybrid and full electric solutions.
• Member of the Supervisory Board of Rolls-Royce Power Systems AG. 18 years Leadership Experience at Rolls-Royce Power Systems AG, Tognum AG, MTU Friedrichshafen GmbH, including President Rolls-Royce Power Systems and MTU Greater China; Head of Sales, Service and Network at Rolls-Royce Power Systems AG; Head of Industrial Business, Marketing and Distribution.
• 6 years at Daimler Group, e.g. "Product Manager Sales and Marketing Maybach"; Senior Manager Strategic Planning Sales and Marketing worldwide, Mercedes-Benz.
• MBA ("Dipl.-Kfm.") from Eberhard-Karls-University Tübingen, Germany and academic education programs at Universities of New York, USA, Oxford, UK and St. Gallen, CH.
• A-Levels, Military Service.

 

Bernd Krueper, President & Director of dynaCERT, stated, "I am really very excited about dynaCERT's mission and its continued advancements in hydrogen technology. Working with an admirable management, that is dedicated to reducing carbon emissions in internal combustion engines and staying at the forefront of hydrogen innovation, is exhilarating for me. As President and Director, I welcome the opportunity of collaborating in a vital part of shaping dynaCERT's strategic direction and ensuring that our innovations continue to make a positive impact throughout the world and generate profitable revenue by increasing sales growth world-wide. By planning additional key initiatives in the next few months and coming years, I look forward to leading and further propel dynaCERT's influence and positive impact in the hydrogen marketplace."

 

Jim Payne, Chairman & CEO of dynaCERT stated, "The dynaCERT Board of Directors is very pleased to welcome Mr. Bernd Krueper as President and as a Director of the Company. Mr. Krueper is a highly dynamic and energetic executive, with a positively outgoing manner and a straightforward approach and I look forward to working closely with him. His ambitious, self-confident and target-oriented pronounced will to succeed, embraces change. Mr. Krueper will work well with the dynaCERT Board of Directors as he is open-minded, transparent and convincing, reliable, structured, integrative and consistent in leadership. As President, Mr. Krueper is strategic and analytic with hands-on mentality. Our entire Company, our stakeholders, clients, dealers and shareholders are joining me in greeting Mr. Krueper as a dynamic strong supporter of the furtherance of our hydrogen technology on a global scale across many industries world-wide."

 

The new appointment to the Board of Directors, the new Chairman, the new Lead Director and the office of President mentioned herein will take effect May 15, 2024. Pursuant to By Law NO. 1 adopted by the shareholders of dynaCERT at its last annual meeting, the Board of Directors of the Company has increased the number of Directors of the Company from eight (8) Directors to nine (9) Directors.

 

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.

 

READER ADVISORY

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, information relating to Jeff Zajac cannot be independently verified. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

 

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

 

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

 

On Behalf of the Board
Murray James Payne, CEO

 

Contacts

For more information:
Jim Payne, CEO & President
dynaCERT Inc.
#101 - 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

 

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

 

dynaCERT Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on Investorideas.com

 

Visit profile page

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. contact management and IR of each company directly regarding specific questions. Disclosure. DYA is a monthly featured cleantech stock on Investorideas.com effective March 1, 2024 for 6 months. (equivalent of 3500 month in stock) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Breaking Cleantech Stock News: dynaCERT's (TSX: $DYA.TO) (OTCQX: $DYFSF) Appointment of Dr. James Tansey Signals Commitment in Carbon Credit Innovation; @dynaCERT

Breaking Cleantech Stock News: dynaCERT's (TSX: $DYA.TO) (OTCQX: $DYFSF) Appointment of Dr. James Tansey Signals Commitment in Carbon Credit Innovation; @dynaCERT

 

TORONTO - May 3, 2024 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce the appointment of Dr. James Damien Tansey as a director of the Company.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of dynaCERT Inc.

Read this news, featuring DYA in full at https://www.investorideas.com/news/2024/05031DYA-Dr-James-Tansey.asp

 

Originally trained in environmental sciences, Dr. Tansey brings 20 years of experience at the interface of university research and the private sector. He also brings to dynaCERT expertise in carbon markets, clean technology, social acceptability of novel technologies, impact investing and social innovation. Dr. Tansey has also been an advisor and investor in early stage companies including Gemina Labs, Exro Technologies, Syniad Innovations Inc. and Charitable Impact. He was founder of NatureBank Asset Management and previously CIO of Global Sustainable Capital Management (UK).

 

Dr. Tansey is the CEO and a Director of Carbon Done Right Developments, Vancouver BC (TSX:V KLX), a public company focused on the development of carbon credits from nature based solutions which to date has developed a portfolio of over 43Mt of carbon credits.

 

Dr. Tansey is also currently Associate Professor of the Sauder School of Business, University of British Columbia where he established the Centre for Social Innovation and Impact Investing. He has served as an advisor to the BC Government on Clean Energy strategy and Social Enterprise and was a Committee member for the Federal Social Innovation and Social Finance Advisory Task Force that launched the $755 Million social finance fund.

 

As CEO and Founder of NatureBank Asset Management he established one of the largest carbon market development companies in Canada and helped establish two of the largest forest carbon projects in the world: Great Bear Rainforest and Mai Ndombe in the DRC. The Company delivered the world's first carbon neutral Olympics in 2010 in Vancouver, Canada. Until 2006, he was Deputy Director and Lecturer at James Martin Institute, Saïd Business School at Oxford. Dr. Tansey was also Senior Research Associate of the University of British Columbia and led projects on scenario modelling, impact of genomics and social determinants of health.

 

Dr. Tansey holds a Ph.D. in Sociology of Risk from the School of Environmental Sciences, University of East Anglia; a B.Sc. in Environmental Sciences from the University of East Anglia and an International Baccalaureate from Atlantic College. Dr. Tansey was granted the Queen Elizabeth Diamond Jubilee Medal for environmental contributions to the Province (2013) and was included in the Top 40 under 40 and a Finalist with the Ernst and Young Entrepreneur of the Year.

 

Dr. James Tansey, director of dynaCERT, stated, "dynaCERT's development of proprietary technology aimed at reducing carbon emissions will benefit our world for generations to come. dynaCERT's professional management has a profound understanding of the latest developments and trends in the hydrogen marketplace and is poised to continue advancing as a global leader in this space. I am eager to work alongside dynaCERT's world-class team and being part of a company that is advancing hydrogen innovations."

 

Jim Payne, President and CEO of dynaCERT stated, "The dynaCERT Board of Directors is very pleased to welcome Dr. James Tansey as a director of the Company. Dr. Tansey has the proven track record to support dynaCERT in its upcoming Carbon Credit programme which will benefit all our clients by providing an annual stream of income to users of our HydraGEN™ technology in addition to reducing fuel costs. Our entire Company, our stakeholders, clients, dealers and shareholders are joining me in greeting Dr. Tansey as a dynamic strong supporter of the furtherance of our hydrogen technology on a global scale across many industries world-wide."

 

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.

 

READER ADVISORY

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, information relating to Jeff Zajac cannot be independently verified. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

 

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

 

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

 

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

On Behalf of the Board
Murray James Payne, CEO

 

Contacts

For more information:
Jim Payne, CEO & President
dynaCERT Inc.
#101 - 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

 

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

 

dynaCERT Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on Investorideas.com

 

Visit profile page

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. contact management and IR of each company directly regarding specific questions. Disclosure. DYA is a monthly featured cleantech stock on Investorideas.com effective March 1, 2024 for 6 months. (equivalent of 3500 month in stock) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Stocks to Watch in the Evolution of Batteries - (NYSE American: $KULR) (Nasdaq: $ENVX) (NYSE: $SES) (NYSE: $QS) @KULRTech @EnovixBatteries @ses_ai @QuantumScapeCo

Stocks to Watch in the Evolution of Batteries - (NYSE American: $KULR) (Nasdaq: $ENVX) (NYSE: $SES) (NYSE: $QS) @KULRTech @EnovixBatteries @ses_ai @QuantumScapeCo

   

May 1, 2024- Investorideas.com, a go-to investing platform covering battery stocks releases a news report drilling down on developments for better batteries, featuring KULR Technology Group, Inc.  (NYSE American: KULR), a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy.

 

Read this article, featuring KULR in full at https://www.investorideas.com/news/2024/renewable-energy/05011Evolution-of-Batteries.asp

 

For investors that use the ‘Follow the Money’ strategy, the big guys are betting that silicon will address some of the limitations of lithium batteries the industry is facing.

 

According to a recent article on CNBC, “Porsche, Mercedes and GM are betting on silicon-anode batteries. Batteries made with silicon instead of graphite - the commonly used material in battery anodes today - have been shown to enable significantly higher energy density and faster charging.”

 

But that is not the only path of innovation for safer and more efficient batteries. From using AI to make battery technology more efficient, and collaborations with other battery leaders, the battery race is leading us into space with companies like KULR Technology Group, Inc. (NYSE American: KULR) . 

 

For investors following some of the smaller innovators in the space, the following is a news snapshot of recent developments:

 

KULR Technology Group, Inc. (NYSE American: KULR) just announced a leap forward in battery technology tailored for defense and space applications as KULR Technology Group (NYSE: KULR) and Amprius Technologies (NYSE: AMPX) officially announce their strategic partnership. This collaboration heralds the integration of Amprius' innovative high performance cylindrical cell into KULR ONE Space and Guardian battery architectures, renowned for their high reliability and robust safety protection, for aerospace and military applications. At the heart of this partnership is Amprius' silicon-anode SA10 cells, which are set to provide a tactical edge through superior energy density and discharge capability. The incorporation of these cells into KULR ONE Space & Guardian reference designs will ensure a propagation-resistant structure, equipped with the necessary safety measures to meet stringent specifications for defense and space operations.                   

 

From the news: KULR Technology Group is poised to incorporate these cutting-edge cells into forthcoming standard battery models like the BB 2590 and into commercialized variations of the KULR ONE Space 100 to 400 Wh variations, harnessing our NASA-certified screening practices, or similar, to bolster safety. This crucial step meets a fundamental requirement for battery packs destined for crewed space flights, in compliance with the NASA JSC 20793 standard and for next generation military battery packs required to satisfy extensive environmental testing requirements such as MIL-STD-810H. Working jointly with Amprius and NASA, KULR is committed to securing the essential approvals for the SA10's use in battery packs for these vital missions and applications.

 

A recent collaborative report by the World Economic Forum and consultancy firm McKinsey & Company highlights the potential of the global space economy to address major industry and societal issues. The report forecasts that by 2035 the sector’s valuation could reach $1.8 trillion, putting it on par with the influential semiconductor industry. The study envisions space technologies becoming as integral to daily life as semiconductors are currently, driven primarily by advancements in communications positioning, navigation and timing, and Earth observation services.

 

Continued: KULR CEO Michael Mo remarked, "The innovation encapsulated within the SA10 cell, and the agility demonstrated by Amprius, align seamlessly with our commitment to serving high reliability sectors. This is an ideal strategic partnership for our KULR ONE platform utilizing their high energy density cell. Together, we are positioned to exceed the expectations of our mission-critical customers.”

 

Amprius Technologies’ CEO Dr. Kang Sun praised the alliance, stating, "KULR's unwavering dedication to safety and innovation, coupled with their ability to rapidly produce prototypes, is indispensable. KULR’s adoption of Amprius’ industry-leading cell based on the SiCore™ product line not only allows us to enter new markets with cutting-edge technology, but it also propels ongoing development for future demands."

 

This strategic partnership sets a new standard for battery solutions in high-stakes environments, reflecting both companies' visions for a safer, more efficient future. The integration of Amprius' SA10 cells into KULR's battery packs is poised to revolutionize the landscape of power sources for the defense and aerospace sectors, offering unprecedented reliability and safety.

 

Enovix Corporation (Nasdaq: ENVX), a global high-performance battery company, recently   announced it completed Factory Acceptance Testing (“FAT”) for its Gen2 Agility Line and is on track to produce first silicon battery samples from Fab2 in the second quarter of 2024.

 

From the news: “I’m proud to announce the team has completed our rigorous FAT process for all machines that make up our Agility Line,” said Ajay Marathe, Chief Operating Officer at Enovix. “SAT is also well underway. Both FAT and SAT processes ensure that we only place machines into service that meet our specifications for throughput, yield and machine uptime. I’m extremely pleased with the results so far. We’re on track to produce our first EX-1M samples for mobile and IoT customers in Q2.”

 

Continued: Enovix patented manufacturing process uses dozens of machines to produce battery cells with a unique architecture that enables the use of a 100% active silicon anode for higher energy density.

 

“I’m incredibly proud of the hard work from the entire operations team to get us to this major milestone on our Journey to Scale,” said Dr. Raj Talluri, President and CEO of Enovix. “In just 100 days, the team built a worldclass factory, putting us on the path to produce first samples of our silicon batteries from Fab2 this quarter.”

 

SES AI (NYSE: SES)  (is the first battery company in the world to accelerate its pace of innovation by utilizing superintelligent AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring.

 

SES AI recently announced that it signed an agreement to enter the next phase of its existing joint development agreement ("JDA") with Hyundai Motor Company (‘’Hyundai Motor’’) and Kia Corporation ("Kia") to start developing B samples.

 

As part of the agreement with Hyundai Motor and Kia, SES AI will build a dedicated B-sample cell development, assembly and testing facility in Ui-Wang, South Korea starting later this year, and SES AI will build and operate one of the largest capacity Li-Metal lines in the world within this new facility. This collaboration is the first of its kind in the Li-Metal battery industry and represents an important milestone in achieving commercial production.

 

The expansion of the relationship with Hyundai Motor and Kia means that SES AI is the first Li-Metal battery company in the world to have two B-sample development JDAs underway. SES AI previously announced its first B-sample JDA with another major automaker in December 2023. In addition to these two B-sample lines, SES AI is also converting another A-sample line to produce Urban Air Mobility (UAM) battery cells.

 

With a mission to transform energy storage, QuantumScape Corporation (NYSE: QS), a leader in next-generation solid-state lithium-metal battery technology, today announced it started customer shipments of Alpha-2 prototype battery cells, fulfilling a goal for 2024.

 

From the news: Alpha-2 prototypes are a significant milestone on the roadmap to deliver QSE-5, QuantumScape’s first planned commercial product. QuantumScape entered the automotive qualification process in December 2022 after shipping A0 prototypes to customers. Alpha-2 prototypes integrate many of the company’s significant component improvements made over the last year. The six-layer Alpha-2 prototype is more energy-dense than the earlier 24-layer A0 prototype. This is primarily due to higher-loading cathodes (i.e., packed with more active material) and more efficient packaging that optimizes the materials and space within the cell. The packaging improvements include tighter internal margins, thinner current collectors, and a slimmer design, all of which are integral to the final product.

 

Continued: As an intermediate step between the A0 and the QSE-5 B0 prototypes planned for later this year, Alpha-2 cells feature the main functionality of the QSE-5 and are an opportunity for customers to test key performance parameters and prototype-level reliability. While Alpha-2 prototypes are being tested in customer labs, QuantumScape is working to integrate those component-level improvements into the planned QSE-5 cells, which will consist of 24 layers and use electrolyte-separators produced using the faster Raptor equipment and process.

 

"The Alpha-2 shipments represent an important milestone on our path to commercialization," said Dr. Siva Sivaram, President and CEO of QuantumScape. "Customer feedback is the most critical input in the product development cycle as it provides insight into areas that need improvement and strengthens collaboration. The faster we can get new product iterations into customers’ hands, the faster we get to production. We are very encouraged by the initial Alpha-2 performance results and excited about the first QSE-5 cells we expect to manufacture later this year."

 

For investors following the battery evolution, it is an electrifying journey with more to come! 

 

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