Kontrol Energy Corp (CSE: KNR) this morning had a minor update in relation to its much-hyped BioCloud air detection system, with the company announcing that it will be shipping a single unit to the United Arab Emirates for field demonstrations. The product is expected to be shipped overseas at some point next week.
Once it arrives, the BioCloud unit will be used in demonstrations for roughly three weeks, dependent upon regional interest. The shipment to the foreign nation is a result of interest in the application of viral detection technology, however the company did not elaborate further in terms of whom the interested parties are.
The company also announced this morning that the device is being modified slightly to enable integration into heating, cooling and ventilation (HVAC) systems within buildings. The device will be modified to enable both modbus and bacnet protocols, which are essentially two communication languages for HVAC building controls, to enable integration within the HVAC systems in commercial and industrial settings. The modification to the devices software essential enables it operate as a standalone device, or as an integrated device within an HVAC system.
Kontrol Energy Corp last traded at $3.35 on the CSE.
Information for this briefing was found via Sedar and Kontrol Energy Systems. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.