Kontrol Technologies Corp. (NEO: KNR) recently announced that it will be delivering units of its real-time air analyzer BioCloud to the Canadian Olympic Committee participating at the Summer Olympics in Tokyo this year. A total of five units are to be used for the event.
The company relayed the initiative is meant to provide real-time viral detection for the safety of the Canadian contingents. Currently, the product is being used to monitor air quality and detect airborne pathogens like viruses, bacteria, and fungi.
The units will be used at the quadrennial sporting event within the Canadian team’s residential areas. Kontrol also pledged to donate additional units for the Canadian athletes at the Olympics.
The company however clarified that it is not making any claims that its product has the ability to eliminate, cure, or contain the virus that causes COVID-19.
Kontrol Technologies Corp. last traded at $1.20 on the NEO.
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.