Northwire Canada EditionFriday, July 10, 2026
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dynaCERT Accelerates Market Entry in Vietnam: Strategic Partnerships and Pilot Projects Confirm Market Potential

dynaCERT Expands to Vietnam with Pilots, but MoUs Mask Revenue Reality

Executive Summary
  • dynaCERT announced strategic partnerships and pilot projects in Vietnam on April 27, 2026.
  • Two Memoranda of Understanding (MoUs) executed: one academic with Ho Chi Minh City University of Technology (HCMUT), one industrial with a Vietnamese oil and gas company.
  • Pilot installations are operational on heavy-duty trucks and container lifts in Ho Chi Minh City, Ha Noi, and Hai Phong.
  • HydraGEN technology reduces fuel consumption by >5% and significantly cuts pollutants (CO2, CO, NOx) per German testing institute TÜV data.
  • Telematics system HydraLytica allows real-time monitoring for emission certificates.
  • Vietnam targets climate neutrality by 2050 with an upcoming emissions trading system; market has over 3.5 million diesel-powered heavy-duty vehicles.
Material Impact
  • The news confirms execution of the strategy outlined in the February 12, 2026 update regarding "Advance contracted deployments".
  • However, MoUs are non-binding agreements and do not guarantee revenue or signed commercial contracts.
  • Management previously warned (Feb 2026) that conversion to signed agreements is slower due to capital discipline; this news addresses the constraint by showing pilots but stops short of hard sales data.
  • The market reaction prior to the release (price rising from $0.12 to $0.16 in April) suggests some anticipation, limiting immediate upside surprise.
  • Expansion into Southeast Asia is strategically sound for long-term growth but does not materially alter near-term financials or cash flow projections.
DYA · Price
Company Overview
  • Flagship Project: HydraGEN technology utilizes electrolysis to split distilled water into hydrogen (H2) and oxygen (O2), fed into diesel engine combustion.
  • Performance: Claims >5% fuel reduction and significant emission reductions verified by TÜV.
  • Manufacturing Capacity: Production facility can manufacture up to 36,000 units per year; management states capacity is sufficient as of Feb 2026.
  • Target Sectors: Heavy-duty trucking, off-road mining/construction, oil & gas, stationary power generation, and now maritime/port (France pilot) and transport (Vietnam pilot).
Read the original news release →

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