Production / Operations
Aether Catalyst releases interim results from Burnaby
ATHR · Price
Executive Summary
- Aether Catalyst Solutions Inc. released interim results for its urban small motor emission abatement project with the City of Burnaby, highlighting the fifth-year performance of its SORE catalyst technology.
- The company reported that the catalysts are performing exceptionally well, achieving 100% NOx conversion, meaning no NOx is measured leaving the muffler after passing through the catalyst.
- The company also announced the engagement of 1502656 B.C. Ltd. for investor relations services for an initial six-month period, with a payment of $300,000 already made.
Key Details
- Project Status: The urban small motor emission abatement project with the City of Burnaby is in its fifth year.
- Performance Metrics:
- NOx conversion rate is 100%, indicating no NOx is detected leaving the muffler after the catalyst.
- The SORE catalyst has been studied for approximately 500 hours in field tests.
- Performance is described as "unfaltering" and providing convincing data for potential partners.
- Operational Context:
- Usage hours are expected to accumulate slowly through the summer due to seasonal heat and low rainfall slowing grass growth.
- Usage is expected to pick up in the fall as temperatures cool and rainfall increases.
- Exhaust emission standards (EPA, ECCC, CARB) typically require engines of this size to maintain standards for 1,000 hours.
- Administrative Update:
- Engaged 1502656 B.C. Ltd. to provide investor relations services.
- Initial engagement period is six months.
- Payment of $300,000 has been made to the service provider.
Notable Quotes
- "Field tests provide powerful data," said Aether chief operating officer Taylor Procyk. "Not only do they provide technical nuance that can only come from exposure to a real environment of use, but they also provide much more convincing data for potential partners. Our field test has enabled us to study the SORE catalyst for approximately 500 hours now, and the unfaltering performance is making a strong case for the technology in this application."