Kontrol Energy Enters Distribution Agreement With Grande West

Kontrol Energy (CSE: KNR) has entered yet another sales distribution agreement for its BioCloud devices, this time with that of Grande West Transportation Group (TSXV: BUS). The bus manufacturer will be including the BioCloud air analyzer within its Vicinity line of buses.

The non-exclusive distribution agreement will see Grande West offer the device as an option within its three Vicinity bus specifications, with existing customers able to retrofit their device into the vehicles. The distribution only applies to the Canadian markets evidently however, with US customers of Grande West able to get the device via United Safety and Survivability Corporation.

Commenting on the development, CEO Paul Ghezzi of Kontrol Energy stated, “We are pleased to enter into this agreement with Grande West as we continue to target the important sector of ground transportation with an established and successful bus OEM. We are excited to be working with another disruptive Canadian company, focusing on a transit solution that will make buses safer and reduce risk of potential viral spread for the riders.”

Financial details of the transaction were not disclosed, nor were expected sales volumes from the transaction or pricing. In terms of units, the only disclosure in relation to sales is that Grande West would be purchasing two of the BioCloud devices for its offices in Aldergrove, BC.

Kontrol Energy last traded at $4.10 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.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Kontrol Technologies Launches Share Buyback Program

Kontrol Technologies (CSE: KNR) last night announced that it intends to conduct a normal course...

Thursday, March 25, 2021, 08:04:02 AM

Kontrol Energy Announces HVAC Integration For BioCloud, Product Demonstrations In UAE

Kontrol Energy Corp (CSE: KNR) this morning had a minor update in relation to its...

Friday, December 11, 2020, 07:58:57 AM

Kontrol Energy Announces It Has The Intent Of Applying To List On The TSX

Kontrol Energy Corp (CSE: KNR) this morning announced that it has “authorized management to review...

Wednesday, December 16, 2020, 08:34:54 AM

Kontrol Energy Files Four Patent Applications For BioCloud Tech

Kontrol Energy Corp (CSE: KNR) this morning announced that it has successfully filed four patents...

Monday, November 30, 2020, 08:51:34 AM

Kontrol Enters NDA With Global HVAC Firm For BioCloud Arrangement

Kontrol Technologies (CSE: KNR) this morning announced that it has enhanced its Canadian supply chain,...

Thursday, April 29, 2021, 08:58:07 AM