• Zinc8 Energy Solutions (ZAIR) is receiving up to $500,000 in funding from the National Research Council of Canada Industrial Research Assistance Program
  • The funding will support a two-year R&D program to improve sub-component efficiencies in the Zinc-air battery system
  • 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

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.


More From The Market Online

Liberty Defense expands its international customer base

Liberty Defense Holdings (TSXV:SCAN), a provider of artificial intelligence technologies, expands its international customer base.

Unsung profits: Three microcap stocks with a strong case for value

A key factor behind picking winning microcap value stocks is identifying dislocations between company performance and market perception.

Theralase advances cancer research after private placement

Theralase Technologies (TSXV:TLT) closes a non-brokered private placement offering of 4.1 million shares for gross proceeds of C$750,200.