NetworkNewsBreaks – First Tellurium Corp. (CSE:
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Posted On: 09/18/2024 5:29:34 PM
NetworkNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Subsidiary Eyeing Production of Thermoelectric Generator to Replace, Improve On Vehicle Alternators
First Tellurium (CSE: FTEL) (OTCQB: FSTTF) and its majority-owned subsidiary have announced an initiative to build and install a demonstration thermoelectric generator designed to replace vehicle alternators, increase efficiency for combustion engines and help electric vehicles generate more power. According to the announcement, PyroDelta Energy has been working on the thermoelectric generator for eight years; the company has reached the point where it is looking for a facility to assemble the device, retrofit it into a car and demonstrate its functionality. PyroDelta is also exploring other significant target markets, such as solar panels, drones and greenhouses, where the device could be used to save significant amounts of energy and increase efficiency.
“The market potential and demand are huge based on the push from governments worldwide to reduce carbon emissions,” said First Tellurium President and CEO Tyrone Docherty. “We anticipate a relatively short timeline to complete the working prototype and have a production-ready model. . . . As news of the device gets out there, we are also hearing from representatives of industries that we hadn’t even explored yet. We’re very excited about where we might go with new applications.”
NOTE TO INVESTORS: The latest news and updates relating to FSTTF are available in the company’s newsroom at https://nnw.fm/FSTTF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
First Tellurium (CSE: FTEL) (OTCQB: FSTTF) and its majority-owned subsidiary have announced an initiative to build and install a demonstration thermoelectric generator designed to replace vehicle alternators, increase efficiency for combustion engines and help electric vehicles generate more power. According to the announcement, PyroDelta Energy has been working on the thermoelectric generator for eight years; the company has reached the point where it is looking for a facility to assemble the device, retrofit it into a car and demonstrate its functionality. PyroDelta is also exploring other significant target markets, such as solar panels, drones and greenhouses, where the device could be used to save significant amounts of energy and increase efficiency.
“The market potential and demand are huge based on the push from governments worldwide to reduce carbon emissions,” said First Tellurium President and CEO Tyrone Docherty. “We anticipate a relatively short timeline to complete the working prototype and have a production-ready model. . . . As news of the device gets out there, we are also hearing from representatives of industries that we hadn’t even explored yet. We’re very excited about where we might go with new applications.”
NOTE TO INVESTORS: The latest news and updates relating to FSTTF are available in the company’s newsroom at https://nnw.fm/FSTTF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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