“dynaCERT has established a novel and diversified workforce world wide, in several jurisdictions, aimed toward quite a few vertical markets,” mentioned dynaCERT President and CEO Jim Payne. “We’ve got ready for a way forward for our proud Canadian firm based mostly in Toronto to market its revolutionary know-how world wide.”
dynaCERT’s know-how is designed to be used with all sorts and sizes of diesel engines utilized in on-road autos, reefer trailers, off-road building, energy era, mining tools, forestry tools, marine vessels and railroad locomotives. Via partnerships with business leaders, main companies and authorities our bodies, dynaCERT is strengthening its place within the trucking business whereas increasing into the sunshine truck, rail, marine and stationary generator markets.
In April 2018, dynaCERT began the Sort Approval underneath Transport Canada and Lloyds Register insurance policies for tools on marine vessels underneath the Security of Life at Sea guidelines and laws.
dynaCERT can be focusing on the worldwide mining business as a key marketplace for its know-how. HydraGENTM Expertise not too long ago earned approval for underground mining purposes in Canada. The mining business is very depending on diesel gasoline at a time when many mining corporations are on the lookout for methods to be extra environmentally sustainable. The corporate showcased HydraGENTM know-how on the 2019 Prospectors and Builders Affiliation Conference (PDAC), one of many world’s largest mining conferences.
dynaCERT is gaining a foothold within the European market with the institution of a wholly-owned firm, dynaCERT GMBH, in Germany. TUV NORD and TUV SUD testing and certification had been accomplished in 2018 and the corporate not too long ago acquired its KBA Homologation certification. dynaCERT has secured a supplier in Scotland to distribute the HydraGENTM product line throughout the UK, and has launched a pilot mission in Austria to display emissions reductions from authorities diesel-powered autos.
In Germany, dynaCERT has partnered with Mosolf SE & CO. AG underneath an MOU that features a HydraGENTM know-how supplier settlement and a purchase order order for 1,000 models in 2020. MOSOLF and its subsidiaries will function HydraGENTM sellers with the rights to promote and set up the know-how all through the European Union. MOSOLF intends to market the know-how to the federal and native authorities entities in Germany. Because of sturdy demand, dynaCERTshipped the primary of 100 HydraGENTM models to MOSOLF in November 2019, forward of the 2020 schedule.
In India, the corporate already has acquired iCat certification, earned agency orders, signed LOIs with two provinces and thru its sellers is continuous in talks with governments of India concerning the methods dynaCERT’s know-how can assist tackle the nation’s main air air pollution issues. Within the Center East, the corporate has established relationships with distributors in the important thing markets of Dubai and Israel.
dynaCERT has additionally established a presence in Mexico, via its companion KarbonKleen Inc. So far, KarbonKleen has ordered 400 HydraGENTM models for its shoppers who provide trucking tools to the biggest labor union in Mexico.
dynaCERT Inc. Firm Highlights
- Patented HydraGENTM know-how system provides engines with pure hydrogen and oxygen gases to generate a cleaner, extra environment friendly burn.
- Third-party validation and testing outcomes present greenhouse fuel emissions discount as much as 50 % and gasoline financial savings as much as 19.2 %.
- Award-winning know-how, together with 2019 German Innovation Awards for Vitality Options; first prize on the 2019 Mining Cleantech Problem in Colorado, High Gold Award in 2018 Edison Awards for Car Developments and 2019 Gold Certificates Award from the European Society for High quality Analysis.
- Advancing into European, South Asian and Center Jap markets.
- dynaCERT has acquired approval to market, promote, set up and use its HydraGENTM know-how in Germany and all through the European Union.
- World-scale carbon credit score market technique.
- Establishing market presence within the mining business with first vital settlement with an authentic tools producer.
- HydraGENTM Expertise not too long ago earned approval for underground mining purposes in Canada.
- R&D facility for big stationary energy generator, marine and rail markets.
Key Expertise: HydraGENTM
Delivering carbon emission discount applied sciences and cutting-edge options for a world market.
dynaCERT’s HydraGENTM system is a transportable, secure and dependable aftermarket know-how that makes use of distilled water to supply hydrogen and oxygen gases on demand to be used in inside combustion engines. The HydraGENTM has the power to regulate to numerous concentrations of hydrogen and oxygen mixtures to calibrate the right formulation for particular engine sorts, maximizing advantages. The know-how is designed with security options that guarantee hydrogen is rarely saved inside the unit nor on board a automobile.
The system features a sensible digital management unit (ECU) that reads, collects and shops knowledge pertaining to gasoline efficacy and emissions. dynaCERT’s Good ECU can interface with the onboard laptop of any engine and may be remotely accessed by each the corporate and end-users, permitting for the monitoring of gasoline financial savings, carbon credit and GPS monitoring.
“Our workforce, led by a former RIM know-how professional, has developed a sensible ECU that’s always studying, gathering analytics, and utilizing algorithms to switch the circulate of gases relying on the situation variables—local weather, altitude, hills, torque, humidity, and so forth.—to search out the candy spot,” mentioned Payne. “That’s one thing that definitely separates us from the rest available in the market.”
In Could 2019, dynaCERT introduced it had acquired a US patent for its SMART ECU and a second patent in August 2019.
“My workforce and I labored diligently to construct the SMART ECU as a primary step to have the ability to management the HydraGENTM Expertise merchandise,” mentioned dynaCERT Senior Technical Advisor David Bridge. “This patent firmly establishes dynaCERT as a Canadian innovator within the discipline of carbon emission monitoring and carbon credit score options.”
Introducing hydrogen into the air consumption of a diesel engine creates a cleaner, extra environment friendly burn.
Typical emission management options deal with engine exhaust gases after the burn, on the expense of energy and gasoline economic system. The HydraGENTM system treats poisonous emissions on the supply.
Advantages of the know-how embody:
- elevated gasoline economic system
- elevated torque
- prolonged engine oil life
- vital discount in carbon emissions
dynaCERT introduced lab take a look at outcomes for its HG1 unit for sophistication 8 vans in November 2016. After 20-plus hours of testing, the Automotive Centre of Excellence (ACE) verified HydraGENTM gasoline financial savings and emissions reductions.
“The HydraGENTM’s functionality to succeed in as much as 50 % within the discount of greenhouse gases and over 19 % in gasoline financial savings met and exceeded our expectations. Vehicles outfitted with the HydraGENTM unit can cut back particulate matter by over 65 %, considerably lowering the black smoke being emitted into the setting,” Payne said.
In October 2016, dynaCERT additionally took possession of a brand new 8,000-square-foot facility. The lease enlargement supplied the capability to supply 2,000 HydraGENTM models per shift month-to-month, at a retail worth of US$8,750 or US$10,000 as soon as put in.
In August 2019, dynaCERTlaunched its HydraGENTM HG2 line. The HG2 models are smaller and supply related benefits to the HG1 mannequin. The HG2 unit is good to be used in smaller diesel engines utilized in buses, class 2 and sophistication 7 autos, fridge trailers and containers, cell building tools, small mills and smaller vans usually present in Europe and India.
Diesel Trucking Market
Carbon emission discount and elevated gasoline economic system are the HydraGENTM’s two most important options for the transportation business of in the present day and tomorrow.
The US trucking business represents an estimated 15.5 million vans with a mean of 192,000 new vans offered annually and accounts for almost 13 % of the nation’s whole gasoline consumption. Gas is the primary largest mounted price for the trucking business.
dynaCERT,’s preliminary HydraGENTM unit design is focused at transport vans and is able to delivering three liters per minute. The system is powered immediately from the automobile’s energy system for prime electrical effectivity. The water reservoir and the remainder of the system is contained in a light-weight, impact-resistant, Kraton-modified ABS cupboard that’s mounted to the surface of the automobile.
Whereas preliminary manufacturing is predicted to concentrate on gross sales to the trucking business, the corporate can be poised to develop into a serious provider of carbon emission discount know-how to the automotive, light-truck, rail, marine and off-grid energy sectors.
Fleet administration system and software
In December 2016, dynaCERT retained Nektar Information Methods, a world fleet administration programs consulting group, to create a fleet administration system able to offering real-time monitoring, monitoring, evaluation and reporting from knowledge collected by the dynaCERT Good ECU. Utilizing a portal absolutely managed and managed by dynaCERT, HydraGENTM know-how customers can view their efficiency in real-time.
To complement its HydraGENTM know-how, dynaCERT has launched a automobile telematics gadget software program referred to as HydraLyticaTM, which offers quick access to gasoline financial savings and carbon emission discount reviews. The telemetry gadget permits the corporate, its sellers and shoppers to observe truck engine efficiency, diesel gasoline economic system and carbon emission reductions. the calculated financial savings of diesel and carbon emissions as a truck is touring. HydraLyticaTM is predicted to offer the corporate with proof to the market that the HydraGENTM know-how works as said.
dynaCERT is working with world-renowned knowledge safety software program firm, Cosario Restricted to guarantee consumer privateness with its HydraLyticaTM software program. Cosario’s administration workforce had been pioneers in the identical crucial knowledge safety software program which is now utilized in worldwide funds programs resembling Apple Pay and PayPal. By guaranteeing knowledge safety, dynaCERT can keep compliant with the information privateness legal guidelines together with the European Union’s Normal Information Safety Regulation.
Carbon Credit
In March 2019, dynaCERT initiated carbon credit score purposes for its HydraGENTM know-how. It’s estimated {that a} Class 8 truck touring lengthy haul routes can generate as much as $1,500 euros per yr (C$2,278 per yr) in carbon credit based mostly on the present market worth of $15 euros per tonne of carbon dioxide. dynaCERT’s aim is to create a world-wide program to allow any earned carbon credit to be shared with end-users of its HydraGENTM know-how underneath a contractual subscription program.
dynaCERT’s progressive proprietary software program algorithms in its SMART ECU2 can observe the creation of carbon credit. The corporate has added profitable fintech entrepreneur Brian Semkiw to its advisory board. Semkiw not too long ago engaged his group, 3rdGP, to additional develop software program that can allow the monitoring of carbon credit generated by dynaCERT’s HydraGENTM know-how. 3rdGP is the world’s first third-generation processing funds firm with an emphasis on blockchain and IoT funds processing options.
Giant stationary energy generator, rail and marine markets
dynaCERT has designed a 300 liter per minute HydraGENTM unit to be used in giant stationary energy era combustion engines for the utilities, rail and marine industries. Almost three-quarters of put in producing capability within the Caribbean is diesel-engine based mostly. Wartsila engines are generally used on transport transport vessels. Outfitting only one cargo ship may generate near $1 million in gross sales. Globally, there are greater than 90,000 industrial cargo ships in operation in the present day.
dynaCERT is at the moment in discussions with mining producers working globally to make use of the HG145-6C know-how on their tools, equipment and mine-site producing stations. The HG145-6C is a multi-cell unit developed by dynaCERT for set up on bigger diesel engines utilized in heavy business, building, ships, rail, mining, oil and fuel and stationary mills world-wide.
Via its supplier, H2 Tek, the corporate acquired an preliminary order for 3 HG145-6C giant engine HydraGENTM know-how merchandise from a world chief in mining for deployment in a big Brazilian open-pit mine in addition to one other mining firm in Argentina. The consumer is seeking to cut back its environmental footprint by lowering the greenhouse fuel emissions of its fleet of mining vans and tools. H2 Tek is at the moment in discussions with over 20 giant mining corporations working in Chile, Peru, Argentina, Brazil, Mexico and the US to additional develop a marketplace for dynaCERT’s know-how.
In April 2019, dynaCERT entered into an settlement with Complete Tools Companies Inc. (TES), an underground mining tools producer. It’s the firm’s first vital settlement with an authentic tools producer. TES has develop into a supplier of dynaCERT’s HydraGENTM know-how and is predicted to market dynaCERT’s HG145 merchandise to its shoppers in Canada. The businesses are additionally anticipated to work collectively to create new markets for dynaCERT’s merchandise and combine HydraGEN™ know-how with tools manufactured by TES. In November 2019, TES has launched a consumer case examine involving a complete evaluation that can observe the effectiveness of the HydraGENTM Expertise in underground mining operations by measuring the adjustments in emissions and gasoline economic system.
KarbonKleen Partnership
In July 2019, dynaCERTacquired an preliminary buy order for 100 HydraGENTM HG145B models from KarbonKleen. Previous to the acquisition order being positioned, KarbonKleen had partnered with Alliance Holdings Group, which provides trucking tools to one of many largest labor unions in Mexico.
Shortly after the preliminary order was secured, KarbonKleen positioned an order for an extra 300 HG145B models and supplied end-users of dynaCERT ‘s know-how with a compelling financing different. The brand new financing different falls underneath a month-to-month subscription service that KarbonKleen has agreed to facilitate.
Clients who signal onto a two-year subscription via one of many firm’s sellers are eligible for the KarbonKleen money-back assure if their registered vans drive no less than 5,000 miles (8,047 kilometres) per thirty days. If dynaCERT’s know-how doesn’t save the consumer greater than its subscription worth, KarbonKleen signifies that it’s going to refund the subscription price.
In November 2019, dynaCERTaccomplished the supply of the primary 100 and fifty HydraGENTM Expertise Models to KarbonKleen for installations in Mexico. KarbonKleen’s shoppers span 5 completely different commerce unions underneath the Confederation of Mexican Staff (CTM), the biggest commerce union federation within the nation. Collectively these unions management 1 million vans used for a wide range of forms of shipments together with trans-border to the USA.
“At KarbonKleen, we’re more than happy that such a big group as CTM has positioned their confidence in our corporations and the HydraGENTM Expertise, together with our capability to ship in a well timed method. Such an vital mission will end in vital gasoline financial savings for staff in Mexico in addition to present a front-line offensive in opposition to the grave air pollution drawback crippling Mexico Metropolis, ” mentioned Brian Semkiw, CEO of KarbonKleen.
dynaCERT’s Administration Crew
Jim Payne – President, CEO and Director
Jim Payne has efficiently constructed and managed his personal non-public corporations for greater than 38 years. He has years of expertise in accounting, enterprise management, and the authorized facets of governance. With a powerful management presence, Payne is main dynaCERT in a method that has helped to streamline company actions, generate development, kind new partnerships, and convey the company imaginative and prescient to a actuality. Payne additionally serves as CEO of his privately held consulting, mission administration and real-estate growth firm, working within the GTA and surrounding areas. He graduated from St. Clair School in Building Engineering, Mission Administration and Estimating in 1974.
Wayne Hoffman – Chairman
Wayne Hoffman has served as a member of the Company’s Enterprise Advisory Committee since October 2007. He’s a Chartered Accountant and enterprise government with one among America’s best corporations, Deere & Firm, a company that’s buyer pushed and locations a heavy emphasis on high quality and teamwork. He served as Vice-President, Finance at John Deere Restricted for 25 years and President of John Deere Credit score for over 8 years. As nicely, Hoffman spent two years in Deere & Firm’s Enterprise Improvement Dept. answerable for mergers and acquisitions.
Carmelo Marrelli – CFO
Carmelo Marrelli is a Chartered Skilled Accountant (CPA, CA, CGA) and serves as Chief Monetary Officer of a variety of different Canadian public corporations together with some listed on the Toronto Enterprise Alternate and the Toronto Inventory Alternate.
Enrico Schlapfer – VP World Gross sales
Being Swiss, it’s with out query that Enrico Schlapfer is a winter sports activities fanatic. He has discovered there isn’t any such factor as “I can’t” by implementing winter snow sport within the paraplegic and mentally handicapped group. Consequently, he brings ahead the identical mentality “nothing is unattainable” to his enterprise protocol. He’s a seasoned model growth, gross sales and advertising skilled with over 20 years of expertise in a number of industries. His publicity to numerous enterprise cultures, extensively divergent professionals and his fluency in 5 languages ensures his consolation stage in international gross sales. Earlier than devoting his work full-time to dynaCERT Inc., Sclapfer has had key gross sales positions in prestigious corporations resembling Nestle, Traxdata and Targus. As well as, he has served as Gross sales director and COO in WorldConnect through which he was a enterprise companion.
Khoa Tran – Director of Finance
Khoa Tran, B.A., has over 20 years of economic reporting and accounting expertise. This consists of over 15 years in administration positions in world class international companies for manufacturing and repair environments. He has experience in price accounting, monetary evaluation and reporting, variance evaluation and authorities reporting. Mr. Tran was beforehand the Director of Finance for a mid-sized manufacturing firm and Controller for numerous mid-sized and Fortune 500 automotive and manufacturing corporations with worldwide places of work.
Jean-Pierre Colin – Director & Company Secretary
Jean-Pierre Colin is a marketing consultant to high-growth publicly listed corporations. He has been a acknowledged senior securities business government and efficient funding banking skilled offering financing and mergers and acquisitions companies to quite a few affluent issuers in Canada. On account of his intensive monetary background all through his profession, he has been referred to as to guide groups of company finance professionals at nationwide securities sellers, resembling Richardson Greenshields, JP Colin Securities, Deacon Capital, Octagon Capital and Desjardins. He has additionally served as a high-profile company board director and C-suite government of quite a few public corporations, usually chairing audit committees, compensation committees and company governance committees, together with with Premier Gold Mines; Wolfden Assets, offered to Zinifex for over $350 million; Virginia Gold whose Eleonore property was offered to Goldcorp for over $ 1 billion; and, Pelangio Mines, the previous controlling shareholder of Detour Gold, one among Canada’s largest gold mining operations. Mr. Colin holds a DCS from McGill College the place he studied Biology & Engineering, an MBA from the College of Western Ontario, a Regulation Diploma from the College of Ottawa and in addition practiced company legislation previous to his investment-banking career
Dr. Richard Lu – Director
Dr. Richard Lu has greater than 25 years of world expertise growing and implementing enterprise methods for organizations in North America, Europe and Asia. He has intensive expertise within the vitality business. He was the President of Sky Photo voltaic (Canada) Ltd., and a Managing Director at Sky Photo voltaic Holdings Co., Ltd. Dr. Lu was the VP of Enterprise Improvement at ARISE Expertise Company, the place he was instrumental in securing its long-term provide chain funding of near $1 billion {dollars}. He additionally beforehand held the place of Chief Conservation Officer and VP of Toronto Hydro Company, the place he developed and executed a sweeping portfolio ($110 million) of Conservation, Demand Administration and Distributed Vitality applications and was instrumental in creating an vitality conservation tradition in Ontario. Previous to that he was the Vice-President of Atmosphere, Well being and Security, guaranteeing Toronto Hydro Company’s dedication to offering a secure and wholesome office for workers and the methods for reaching sustainable growth and development are efficiently met. Lu has held senior positions with Enbridge Gasoline Distribution, Husky Injection Molding Methods Ltd., and Dillon Consulting.
Ronald Perry – Director
Ronald Perry serves as Vice-President of Metanor Assets and has been its Treasurer and a Director since March 2007. Perry has over 35 years of accounting, monetary and entrepreneurial enterprise expertise in excessive know-how, enterprise capital and service provider banking corporations. Because the yr 2000, he has been the Founder and serves as President of Briolijor Company, a monetary consulting firm to each non-public and public companies. Perry has been concerned in all aspects of enterprise together with statutory reporting, inside controls, authorized facets in addition to all administrative tasks. He serves as a Director of Manitex Capital Inc. and was a Director of Pinetree Capital. Perry is a Chartered Accountant and holds a Bachelor of Commerce in Accounting and Enterprise Administration from the Concordia College. He additionally has a Graduate Diploma in Accountancy from the Concordia College.
Dr. Elliot Strashin – Director
Dr. Elliot Strashin brings with him a wealth of expertise throughout a variety of industries. His involvement with public mining corporations started with Maple Minerals from 1996 to 2001, the place he served as a director. In April of 1999, he joined the board of Canadian Golden Dragon Assets as Company Secretary and have become President and CEO in January of 2000. He continues to serve Dragon underneath its new title, Trillium North Minerals, as CEO and President. Dr. Strashin can be CEO and President of Strashin and Sons Restricted, a personal actual property growth firm that makes a speciality of LEED1 licensed, inexperienced constructing. dynaCERT’s plant and places of work are positioned in one among these buildings. In step with his inexperienced focus, Dr. Strashin has additionally concerned himself in inexperienced applied sciences as a co-founder of Ellsin Environmental Ltd., which has constructed a prototype tire recycling plant in Sault Saint Marie and is a wholly-owned subsidiary of Environmental Waste Worldwide Inc. He’s additionally a 50 % shareholder and CFO of Puma Hydrocarbons, an organization whose objective is to advertise and generate gross sales for inexperienced applied sciences, together with dynaCERT merchandise.
