dynaCERT Applauds the Expansion of the Ontario Hydrogen Innovation Fund
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) welcomes the Ontario Government's expansion of the Hydrogen Innovation Fund (HIF) to $30 million, announced on March 31, 2025. The announcement, made at dynaCERT's Toronto headquarters, signals increased support for hydrogen technology development in Ontario.
The company, which manufactures Carbon Emission Reduction Technology and HydraLytica™ Telematics, has been actively involved in government consultations for over six years to advance clean technology initiatives. dynaCERT participated in the Hydrogen Strategy Working Group that contributed to Ontario's Low-Carbon Hydrogen Strategy in April 2022.
The expanded HIF aims to support companies like dynaCERT in scaling innovation, growing domestic manufacturing, and creating jobs in the hydrogen sector. The company's technology creates hydrogen and oxygen on-demand through electrolysis for use in diesel engines, designed to lower carbon emissions and improve fuel efficiency.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) accoglie con favore l'espansione del Fondo per l'Innovazione dell'Idrogeno (HIF) da parte del governo dell'Ontario, portandolo a 30 milioni di dollari, annunciata il 31 marzo 2025. L'annuncio, fatto presso la sede di dynaCERT a Toronto, segna un aumento del sostegno allo sviluppo della tecnologia dell'idrogeno in Ontario.
L'azienda, che produce tecnologia per la riduzione delle emissioni di carbonio e HydraLytica™ Telematics, è attivamente coinvolta in consultazioni governative da oltre sei anni per promuovere iniziative di tecnologia pulita. dynaCERT ha partecipato al Gruppo di Lavoro sulla Strategia dell'Idrogeno che ha contribuito alla Strategia dell'Idrogeno a Basso Carbonio dell'Ontario nell'aprile 2022.
Il HIF ampliato mira a sostenere aziende come dynaCERT nel potenziare l'innovazione, far crescere la produzione domestica e creare posti di lavoro nel settore dell'idrogeno. La tecnologia dell'azienda genera idrogeno e ossigeno su richiesta attraverso l'elettrolisi per l'uso nei motori diesel, progettata per ridurre le emissioni di carbonio e migliorare l'efficienza del carburante.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) da la bienvenida a la expansión del Fondo de Innovación de Hidrógeno (HIF) por parte del Gobierno de Ontario a 30 millones de dólares, anunciada el 31 de marzo de 2025. El anuncio, realizado en la sede de dynaCERT en Toronto, señala un mayor apoyo para el desarrollo de la tecnología del hidrógeno en Ontario.
La empresa, que fabrica tecnología para la reducción de emisiones de carbono y HydraLytica™ Telematics, ha estado involucrada activamente en consultas gubernamentales durante más de seis años para avanzar en iniciativas de tecnología limpia. dynaCERT participó en el Grupo de Trabajo de Estrategia de Hidrógeno que contribuyó a la Estrategia de Hidrógeno de Bajo Carbono de Ontario en abril de 2022.
El HIF ampliado tiene como objetivo apoyar a empresas como dynaCERT en la escalabilidad de la innovación, el crecimiento de la manufactura nacional y la creación de empleos en el sector del hidrógeno. La tecnología de la empresa genera hidrógeno y oxígeno bajo demanda a través de la electrólisis para su uso en motores diésel, diseñada para reducir las emisiones de carbono y mejorar la eficiencia del combustible.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF)는 2025년 3월 31일 발표된 온타리오 정부의 수소 혁신 기금 (HIF) 확대를 3천만 달러로 환영합니다. 토론토에 위치한 dynaCERT 본사에서 발표된 이 소식은 온타리오에서 수소 기술 개발에 대한 지원이 증가하고 있음을 나타냅니다.
탄소 배출 감소 기술과 HydraLytica™ Telematics를 제조하는 이 회사는 청정 기술 이니셔티브를 추진하기 위해 6년 넘게 정부 상담에 적극적으로 참여해왔습니다. dynaCERT는 2022년 4월 온타리오의 저탄소 수소 전략에 기여한 수소 전략 워킹 그룹에 참여했습니다.
확대된 HIF는 dynaCERT와 같은 기업이 혁신을 확장하고, 국내 제조업을 성장시키며, 수소 산업에서 일자리를 창출하는 것을 지원하는 것을 목표로 합니다. 이 회사의 기술은 전기분해를 통해 수소와 산소를 필요에 따라 생성하여 디젤 엔진에서 사용되며, 탄소 배출을 줄이고 연료 효율성을 개선하도록 설계되었습니다.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) se réjouit de l'expansion du Fonds d'Innovation de l'Hydrogène (HIF) par le gouvernement de l'Ontario à 30 millions de dollars, annoncée le 31 mars 2025. L'annonce, faite au siège de dynaCERT à Toronto, signale un soutien accru pour le développement de la technologie de l'hydrogène en Ontario.
L'entreprise, qui fabrique des technologies de réduction des émissions de carbone et HydraLytica™ Telematics, est activement impliquée dans des consultations gouvernementales depuis plus de six ans pour faire avancer les initiatives de technologie propre. dynaCERT a participé au Groupe de Travail sur la Stratégie de l'Hydrogène qui a contribué à la Stratégie de l'Hydrogène à Faible Carbone de l'Ontario en avril 2022.
Le HIF élargi vise à soutenir des entreprises comme dynaCERT dans le développement de l'innovation, la croissance de la fabrication nationale et la création d'emplois dans le secteur de l'hydrogène. La technologie de l'entreprise génère de l'hydrogène et de l'oxygène à la demande par électrolyse pour une utilisation dans les moteurs diesel, conçue pour réduire les émissions de carbone et améliorer l'efficacité énergétique.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) begrüßt die Erweiterung des Wasserstoff-Innovationsfonds (HIF) durch die Regierung von Ontario auf 30 Millionen Dollar, die am 31. März 2025 bekannt gegeben wurde. Die Ankündigung, die im Hauptsitz von dynaCERT in Toronto gemacht wurde, signalisiert eine verstärkte Unterstützung für die Entwicklung von Wasserstofftechnologien in Ontario.
Das Unternehmen, das Technologien zur Reduzierung von Kohlenstoffemissionen und HydraLytica™ Telematics herstellt, ist seit über sechs Jahren aktiv an Regierungsberatungen beteiligt, um Initiativen für saubere Technologien voranzutreiben. dynaCERT nahm an der Arbeitsgruppe zur Wasserstoffstrategie teil, die im April 2022 zur Niedrigkohlenstoff-Wasserstoffstrategie Ontarios beitrug.
Der erweiterte HIF zielt darauf ab, Unternehmen wie dynaCERT bei der Skalierung von Innovationen, dem Wachstum der heimischen Produktion und der Schaffung von Arbeitsplätzen im Wasserstoffsektor zu unterstützen. Die Technologie des Unternehmens erzeugt Wasserstoff und Sauerstoff nach Bedarf durch Elektrolyse zur Verwendung in Dieselmotoren, die darauf ausgelegt sind, Kohlenstoffemissionen zu senken und die Kraftstoffeffizienz zu verbessern.
- Government support through expanded $30M Hydrogen Innovation Fund
- Strategic involvement in Ontario's hydrogen policy development
- Proprietary hydrogen technology applicable across multiple industries
- None.
Foreseeable Future Economic Benefit:
The announcement of the expansion of the HIF by the Ontario Government was made at dynaCERT’s headquarters in
The HIF, and its corresponding proposals for hydrogen expansion in
Accordingly, dynaCERT welcomes the HIF Incentives as lasting strong evidence of an obvious, clear, irrefutable and unequivocal “foreseeable future economic benefit” for all Canadians and to such Canadian participants such as dynaCERT.
Successful Consultative Meetings:
dynaCERT and their principals have been meeting for more than six (6) years with cabinet ministers, elected politicians, as well as senior officials within the government to advance, and assist with, the implementation of clean technology legislation and grants, loans and tax deferrals and tax credits. In so doing, dynaCERT has had face-to-face meetings, conversations and correspondence with the Ontario Government to help bring clean technology to fruition.
Through executives Jim Payne, Chairman & CEO, and Jean-Pierre Colin, Executive Vice President & CFO, dynaCERT participated in the Hydrogen Strategy Working Group advising the
See: Ontario’s Low Carbon Hydrogen Strategy:
Low-Carbon Hydrogen Strategy
Support for Continued Government Consultation:
dynaCERT continues to support the government’s openness in a consultative process on the design details of supporting the hydrogen economy and see consultative measures as a rational and important step to continue to expand the HIF.
Hon. Sam Oosterhoff, Associate Minister of Energy-Intensive Industries, stated, “Ontario companies like dynaCERT are leading the way — exporting homegrown hydrogen technologies around the world and driving industrial growth here at home. This investment builds on our Hydrogen Strategy and the first round of the Hydrogen Innovation Fund, supporting a growing sector that’s creating good-paying jobs and building Ontario’s energy economy for the future.”
Mohamed Firin, Ontario MPP for York South–Weston, stated, “York South-Weston is home to innovative businesses like dynaCERT that are driving Ontario’s clean energy future. This investment will help create good-paying jobs, grow local manufacturing, and strengthen Ontario’s position as a leader in hydrogen innovation.”
Maike Althaus, Executive Director, Hydrogen Ontario, stated, “We thank the
Jim Payne, Chairman and CEO of dynaCERT, stated, “dynaCERT applauds the
For Ontario Government news announcing HIF at dynaCERT,
please see: Government of Ontario YouTube Channel
For Minister’s Office Staff, please contact:
Patil Imasdounian: Patil.Imasdounian@ontario.ca
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
This press release of dynaCERT Inc. contains statements that constitute “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause dynaCERT’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. In particular, information relating to the Hydrogen Innovation Fund, the Ontario Government and its elected representatives and companies, organizations and individuals providing quotes cannot be independently verified. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Actual results may vary from the forward-looking information in this news release due to certain material risk factors.
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. 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20250401551318/en/
For more information, please contact:
Jim Payne, Chairman & CEO
dynaCERT Inc.
#101 – 501 Alliance Avenue
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com
Source: dynaCERT Inc.
FAQ
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