PriceSensitive

Zinc8 Energy (CSE:ZAIR) receives funding to advance the Zinc-Air Stack Technology

Industrial, Socials, Technology, The Watchlist
CSE:ZAIR
19 January 2023 12:15 (EST)

This browser does not support the video element.

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.


Related News