- PyroDelta Energy successfully tests thermoelectric modules that replace conventional magnetos in combustion drone engines.
- Modules reduce weight by 80 per cent, extend range, and boost performance of high-payload drones.
- CEO Tyrone Docherty highlights insider share purchases, saying market activity does not reflect strong industry interest.
- First Tellurium (CSE:FTEL) closed at C$0.135, up C$0.035 or 35 per cent.
First Tellurium Corp. (CSE:FTEL, OTC:FSTTF) has announced that its subsidiary, PyroDelta Energy, has completed successful testing of thermoelectric modules designed to extend the range of high-payload drones powered by combustion engines.
This content has been prepared as part of a partnership with First Tellurium Corp. and is intended for informational purposes only.
The compact, one-pound modules attach to the exhaust manifold and use heat differentials to charge drone batteries. By contrast, conventional magnetos weigh around five pounds and create a drag on engine performance.
“These modules are very compact and lightweight,” said PyroDelta head engineer Michael Abdelmaseh.
“Not only do you have a weight savings of eighty per cent, the engine no longer has to rotate all the mass of a magneto. As a result, our modules will increase performance and how far a drone can travel on a tank of fuel,” he added.
The company said it has put the modules through rigorous testing, including vacuum chambers to simulate high altitudes and heat and sand exposure to replicate desert environments.
Working with a drone manufacturer, PyroDelta has verified the units’ durability and efficiency. An explainer video of the technology has also been released.
With research and testing now complete, PyroDelta is moving to present the technology to manufacturers supplying high-payload drones to both industry and North American defence departments.
First Tellurium President and CEO Tyrone Docherty said in Thursday’s news release that the innovation highlights the value being created at the company despite limited share price movement in recent weeks.
“Over the past several weeks, I have received many inquiries about the performance of our shares in the market. We understand most of the selling has come from just one fund,” he said. “The lack of movement in the share price does not reflect the attention we’re getting from other funding groups who have followed development of PyroDelta’s technology.”
Docherty added that he and his family have continued to increase their holdings. “As shown by my insider trading reports, I have personally purchased over 650,000 shares so far in September. We know the value of what Michael has developed, and I believe that value will be realized fully in the coming months.”
First Tellurium closed at C$0.135 on Thursday, up C$0.035 or 35 per cent following the announcement.
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