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AirTest Technologies (TSXV:AAT) introduces refrigerant leak sensor

Technology
TSXV:AAT
13 October 2020 15:00 (EDT)

Green tech developer AirTest Technologies (AAT) has launched the RM7000, an air quality sensor which detects refrigerant leaks.

The RM7000 is a self-calibrating infrared sensor, which comes with warning buzzers and lights for indicating leaks.  

Other competitors’ devices must be checked every year, and must have sensor elements replaced on a regular basis. The RM7000, on the other hand, has a life of at least ten years, giving it one of the market’s lowest lifetime operating costs.

Refrigerant is becoming an increasingly popular alternative to hot and cold water for heating and cooling systems. This method, called variable refrigerant flow (VRF), involves circulating refrigerant through a building, instead of the water.

VRF is already being used in a variety of buildings, including hotels, schools, senior living, and multi-family residences. While the system is energy efficient, refrigerant can be flammable and toxic, making the need for a leak sensor essential.  

AirTest Technologies’ President, George Graham, commented on the market opportunities offered by Variable Refrigerant Flow, and on the company’s RM7000 product.

“Guidelines developed for this technology are now requiring one sensor in every space where piping or equipment may leak because the refrigerant used can be toxic or flammable.

“This is an enormous market and the RM7000 is specifically designed as a cost-effective, long-life sensor to address this need.

“This new product is purchased and installed by customers that AirTest already has in HVAC distribution, contractors, specifying engineers, and OEMs, and is synergistic with our overall growth strategy,” he said. 

AirTest Technologies (AAT) is up 8.33 per cent and is trading at C$0.065 per share at 1:07pm EDT.

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