• Zinc8 Energy Solutions (ZAIR) is receiving up to $500,000 in funding from the National Research Council of Canada Industrial Research Assistance Program
  • The funding will support a two-year R&D program to improve sub-component efficiencies in the Zinc-air battery system
  • CEO Ron MacDonald sat down with Sabrina Cuthbert to discuss the news
  • Zinc8 Energy Solutions develops zinc-air batteries that use zinc and air as fuel
  • Zinc8 Energy Solutions Inc. (ZAIR) opened trading at C$0.21

Zinc8 Energy Solutions (ZAIR) is receiving funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

The $500,000 in funding is to support a research and development (R&D) project titled “Improvement of sub-component efficiencies of the Zinc-air battery system.”

Under this agreement, NRC IRAP will provide advisory and funding support to Zinc8’s R&D division on this 2-year project to improve individual sub-component efficiencies by material and process variations for its patented ‘Zinc-air Energy Storage System (ESS).’

This support comes in addition to an ongoing 6-month project where NRC IRAP is providing Zinc8 with up to $75,000 in R&D funding.

CEO Ron MacDonald sat down with Sabrina Cuthbert to discuss the news.

Zinc8 Energy Solutions develops zinc-air batteries that use zinc and air as fuel.

Zinc8 Energy Solutions Inc. (ZAIR) opened trading at C$0.21.


More From The Market Online

Samsung invests in NFT Technologies portfolio company

Samsung takes a stake in Metablox, a decentralized physical infrastructure network backed by NFT Technologies (NEO:NFT).
Bombardier - Executive Advisor, Christophe Degoumois

Bombardier stock rises as board of directors elected

Bombardier (TSX:BBD.A) stock climbs 2.5 per cent in early Friday trading after the company unveiled its recently elected board of directors.

Microsoft stock rallies after Q3 results beat expectations

Microsoft (NASDAQ:MSFT) shares rose nearly 3 per cent early Friday after its fiscal Q3 results beat Wall Street's expectations.
Fobi AI Canadian equestrian Kassidy Keith

Fobi AI to sponsor Canadian equestrian Kassidy Keith

Fobi AI (TSXV:FOBI), an AI and data intelligence stock, inks a two-year sponsorship agreement with Canadian equestrian Kassidy Keith.