Welcome to our dedicated page for Dynacert news (Ticker: DYFSF), a resource for investors and traders seeking the latest updates and insights on Dynacert stock.
Overview of dynaCERT Inc. (DYFSF)
dynaCERT Inc. is a Canadian-based clean technology company specializing in innovative solutions for emissions reduction in internal combustion engines. The company's flagship technology, HydraGEN™, is a hydrogen-based system that enhances fuel efficiency while significantly reducing greenhouse gas emissions. By addressing the environmental impact of traditional diesel and gasoline engines, dynaCERT provides a practical retrofit option for industries reliant on heavy-duty vehicles and equipment, offering an alternative to full electrification or fuel replacement.
Core Business and Offerings
dynaCERT's primary product line revolves around its proprietary HydraGEN™ technology, which uses electrolysis to produce hydrogen and oxygen on-demand. These gases are introduced into the engine's air intake, optimizing combustion efficiency and reducing harmful emissions such as carbon dioxide (CO2), nitrogen oxides (NOx), and particulate matter. The company targets a wide range of sectors, including transportation, logistics, construction, mining, and agriculture, where internal combustion engines remain the dominant power source.
The company generates revenue primarily through the direct sale of its HydraGEN™ units, as well as through potential partnerships and licensing agreements. By offering a retrofit solution, dynaCERT enables businesses to extend the operational life of their existing fleets while meeting increasingly stringent environmental regulations. This value proposition is particularly appealing to companies seeking cost-effective ways to reduce their carbon footprint without investing in entirely new technologies.
Industry Context and Market Position
dynaCERT operates within the broader clean technology and emissions control industry, a sector experiencing rapid growth due to global efforts to combat climate change. Regulatory frameworks such as the Paris Agreement and regional emissions standards have created a strong demand for technologies that reduce greenhouse gas emissions. While electric vehicles and alternative fuels are gaining traction, dynaCERT's focus on retrofitting existing engines positions it uniquely within the market. This approach appeals to businesses that face operational and financial barriers to adopting entirely new powertrain technologies.
Competitors in this space include manufacturers of electric and hybrid vehicles, as well as companies developing alternative fuel systems and emissions control devices. dynaCERT differentiates itself through its proprietary hydrogen-based technology, which offers immediate environmental benefits without requiring significant changes to existing infrastructure or operations. This positions the company as a practical and accessible solution provider in the transition toward cleaner energy systems.
Challenges and Opportunities
As with any clean technology company, dynaCERT faces challenges related to market adoption, regulatory compliance, and competition. Convincing businesses to invest in retrofit solutions requires demonstrating clear cost savings and environmental benefits. Additionally, the company must navigate a competitive landscape where alternative technologies, such as battery-electric systems, are gaining significant attention and investment.
However, dynaCERT's focus on hydrogen-based emissions reduction technology presents significant opportunities. The global push for decarbonization, combined with the practical limitations of electrification in certain sectors, creates a niche market for retrofit solutions. By addressing the needs of industries reliant on heavy-duty engines, dynaCERT has the potential to carve out a distinct position within the clean technology ecosystem.
Conclusion
dynaCERT Inc. represents a compelling player in the clean technology sector, offering innovative solutions to reduce emissions from internal combustion engines. Its HydraGEN™ technology provides a practical and cost-effective alternative to full electrification, appealing to industries seeking immediate environmental benefits. Positioned at the intersection of sustainability and operational efficiency, dynaCERT continues to address the critical need for emissions reduction in traditional engine technologies.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) announces an intensive marketing campaign in Germany from September 16-25, 2024, to promote its HydraGEN™ Technology. The campaign aims to increase awareness of the technology designed to reduce fuel consumption and carbon emissions in diesel engines.
Key events include:
- Participation in the IAA TRANSPORTATION 2024 in Hannover, Germany
- Investor events in Munich from September 23-25, 2024
- Introduction of new President, Bernd Krueper, to shareholders and industry representatives
The company emphasizes that its technology offers an economically attractive solution for environmental protection in the transportation industry, independent of financial incentives.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) has announced significant shipments and new orders for its HydraGEN™ Technology. The company shipped 119 HydraGEN™ Units to major open-pit mines in Brazil and Peru in September 2024. Additionally, new purchase orders were secured from dealers in Mexico and Australia, totaling eight units. These orders follow successful pilot projects demonstrating the technology's benefits in reducing fuel consumption and emissions in mining operations.
The company's Director of Sales for the Americas, Ed Cordeiro, highlighted that HydraGEN™ Technology is being positioned as a strategic tool for international mining companies to meet ESG objectives and achieve significant fuel savings. CEO Jim Payne emphasized the growing global adoption of their products, reaffirming their commitment to reducing fuel consumption and carbon emissions in diesel engines worldwide.
dynaCERT Inc. (TSX: DYA) (OTC: DYFSF) announces that its portfolio company, Cipher Neutron Inc., has been awarded an Advanced Contract Award Notification (ACAN) to design and construct two 250-kilowatt electrolyser stacks for Simon Fraser University (SFU). The project, set to begin in Q4 2024, will be part of SFU's Clean Hydrogen Hub at its Burnaby campus in Canada.
The initiative aims to develop a state-of-the-art one-half megawatt AEM Electrolyser, using Cipher Neutron's proprietary technology. The project will investigate and validate AEM technology at the 250 kW - 1 MW scale, which is important for scaling cost advantages in green hydrogen production. This collaboration is expected to have a significant impact on renewable energy research and advance green hydrogen solutions.
dynaCERT has closed the second and final tranche of its non-brokered private placement, raising a total of $3,000,000.
The initial offering was oversubscribed, increasing from $2,500,000 to $3,000,000.
A total of 20,000,000 Units were issued at $0.15 per Unit, with each Unit including one common share and a half common share purchase warrant.
Warrants can be exercised at $0.20 per share within 36 months of the closing date.
Proceeds will be used for financing sales of dynaCERT's HydraGEN™ Technology Products, working capital, and general corporate purposes.
Two insiders participated, purchasing an aggregate of $412,500 in Units, triggering related party transaction rules but falling under specific exemptions.
dynaCERT Inc. (TSX: DYA, OTCMKTS: DYFSF, FRA: DMJ) issued a press release responding to a request from the Canadian Investment Regulatory Organization (CIRO) concerning recent trading activity of its stock and its service provider, Apaton Finance GmbH. dynaCERT stated that it is unaware of any material, undisclosed information that would explain the recent increase in its stock price and trading volume. Since January 2019, Apaton has been translating dynaCERT's press releases and providing independent commentary in Germany for a fee.
dynaCERT specializes in Carbon Emission Reduction Technology and HydraLytica™ Telematics, which monitors fuel consumption and calculates GHG emissions savings. Their patented technology is part of the global hydrogen economy, producing hydrogen and oxygen on-demand to enhance combustion in diesel engines, leading to lower carbon emissions and improved fuel efficiency.
dynaCERT announced the results of its annual shareholder meeting held in Toronto, Ontario.
A total of 114,544,944 common shares were represented, accounting for 27.501% of total outstanding shares.
Shareholders voted in favor of all agenda items. Nine directors were re-elected, with significant support. The directors include James Payne, Jean-Pierre Colin, Wayne Hoffman, Amir Farahi, Brian Warner, Bruce Barnaby, Tanya Rowntree, James Tansey, and Bernd Krueper, with approval percentages ranging from 84.715% to 98.110%.
HDCPA, Chartered Accountants, were reappointed as auditors with 98.281% approval.
dynaCERT's technology focuses on Carbon Emission Reduction and fuel efficiency, important for the hydrogen economy and works with various diesel engines.
dynaCERT announced a significant follow-up purchase order of 84 HG1 HydraGEN™ Units from Simply Green Distributors. This order follows a previous order of 18 units and an extensive due diligence trial, bringing the total deployment to 103 units. The HydraGEN™ Technology aims to enhance fuel economy and reduce diesel usage and emissions on drilling rigs operated by a leading Canadian oil and gas contractor. The technology is gaining traction as an environmentally friendly and cost-effective solution in the Oil & Gas industry. Simply Green's President highlighted the technology's impressive emissions reduction capabilities, while dynaCERT's CEO emphasized the importance of such commitments to reducing GHG emissions in Canada.
dynaCERT announced the closing of the first tranche of its non-brokered private placement, raising $1,915,100 through the issuance of 12,767,333 units at $0.15 per unit. The total offering aims to raise up to $2,500,000. Each unit includes one common share and one-half of a common share purchase warrant, exercisable at $0.20 per share for up to 36 months. The proceeds will fund sales of HydraGEN™ Technology Products in various sectors, and for working capital and corporate purposes. Insiders purchased $412,500 worth of units, triggering related party transaction protocols. Compensation warrants and commissions were also issued as part of this closing.
dynaCERT has acquired 15% of Cipher Neutron, securing 7,178,000 Class A shares and 3,589,000 purchase warrants. Cipher Neutron is a leader in Anion Exchange Membrane (AEM) electrolysis, known for its PFAS-free technology and cost-effectiveness. This acquisition aligns with dynaCERT’s vision to diversify its portfolio, leveraging Cipher Neutron's innovation in Green Hydrogen technology. The collaboration agreement between the two companies has been terminated. Cipher Neutron has notable backing from IESO and Alberta Innovates and aims to develop the world's largest AEM electrolyser stack. The global Green Hydrogen market is projected to exceed $500 billion by 2030, making this a strategically opportune investment for dynaCERT.
dynaCERT has launched a non-brokered private placement of equity totaling up to $2.5 million CAD. The offering consists of 16,666,667 units priced at $0.15 per unit. Each unit includes one common share and a half common share purchase warrant, exercisable at $0.20 within 36 months. The raised funds will be used for financing sales of HydraGEN™ technology, working capital, debt repayment, and general corporate purposes. This offering is available in Canada, the U.S., and certain offshore jurisdictions under applicable exemptions. Regulatory approvals and necessary documentation are pending for completion.
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