• 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

AWS and SAP ink generative AI partnership

Amazon Web Services (AWS) and software giant SAP plan to expedite generative AI adoption in the enterprise cloud resource planning space.

Bitfarms rejects Riot Platforms takeover offer

Bitfarms (TSX:BITF), a global Bitcoin mining stock, rejects an acquisition proposal from competitor Riot Platforms (NASDAQ:RIOT).

Liberty Defense lands multi-unit contract with regional airport

AI stock Liberty Defense (TSXV:SCAN) wins a contract with the Manchester-Boston Regional Airport to deploy its HEXWAVE screening device.

Datametrex secures ‘Cereal Crunch’ mobile blockchain game acquisition

Datametrex AI (TSXV:DM) completes its acquisition of mobile game "Cereal Crunch" from Sariel Diagnostics in a C$3.5 million deal.