First Tellurium's PyroDelta to conduct robotics R&D

Executive Summary

• First Tellurium Corp.'s subsidiary, PyroDelta Energy Inc., is launching research and development to supply thermoelectric cooling devices to the robotics industry, targeting precise, solid-state cooling for electronics in harsh environments.
• The company highlights its proprietary "capillary casting" manufacturing process, which it claims allows for lower production costs compared to competitors, particularly those in China.
• Management identifies robotics, high-payload drones, AI data centers, and combustion engines as key target markets, citing significant projected growth in the global robotics sector.

Key Details

• Product Application: Thermoelectric cooling modules designed for sensitive electronics on robots operating in high-temperature environments, such as welding cells.
• Manufacturing Advantage: PyroDelta utilizes a proprietary process called "capillary casting" to produce modules at lower costs than current market offerings.
• Market Forecasts Cited:
  • Grandview Research: Global robotics market valued at $33.9 billion (U.S.) in 2024, projected to reach $60.5 billion by 2030 (CAGR of 9.9% from 2025-2030).
  • Global Market Insights: Global robotics market valued at $47.8 billion (U.S.) in 2024, projected to reach $211.1 billion by 2034 (CAGR of 16.6% from 2025-2034).
• Additional Target Markets: High-payload drones, AI data centers, and combustion engines.
• Company Listing: First Tellurium Corp. trades on the Canadian Securities Exchange (FTEL) and OTC (FSTTF).

Notable Quotes

• "Robotics represents a huge potential market for us... The global robotics market is projected to grow significantly in the coming years, driven mainly by advancements in automation and the integration of artificial intelligence to enhance efficiency and productivity." — Tyrone Docherty, President and CEO
• "PyroDelta believes it can produce these more economically than the less efficient and less robust devices currently produced in China and elsewhere. I believe this advantage would put us in a very favourable position going forward." — Tyrone Docherty
• "We continue to identify new and rapidly expanding markets for PyroDelta's thermoelectric devices. Virtually any industry or mechanism that generates heat offers potential for us." — Tyrone Docherty