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News Article | May 8, 2017
Site: globenewswire.com

VANCOUVER, B.C., May 08, 2017 (GLOBE NEWSWIRE) -- Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF), today announced that the construction of its pilot plant is now complete, commissioning of equipment began in April and demonstration of its patented technology is underway. Mr. Blondal also confirmed that Nano One has begun receiving contribution payments for its pilot project from the Automotive Supplier’s Innovation Program (ASIP) of Innovation, Science and Economic Development Canada (ISED). To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/3606/26643_a1494221871928_96.jpg. Mr. Robin Sweeny, Nano One’s pilot plant project manager, said “All of the pilot components are now installed, interconnected, and instrumented. Circuits have been energized and the water batching process and testing of motors is now underway. The pilot will showcase Nano One’s patented technology, simulate full scale production of cathode materials for the electric vehicle market, and initiate commercial scale-up opportunities with strategic interests. Nano One’s process also enables a wider range of lithium raw material sources which is drawing attention from the battery supply chain.”   The total ASIP contribution will be up to $1.9 million and complements that from Sustainable Development Technology Canada (SDTC) up to $2.1M. These contributions support the design, construction and operation of the pilot plant, are non-dilutive and non-repayable, and will be disbursed over the duration of the project. Nano One’s patented process uses equipment common to industry and is designed with flexibility to demonstrate a variety of processing concepts and chemistries. This flexibility enables Nano One to adapt to market needs and produce a range of cathode materials, including lithium nickel-rich manganese cobalt oxide, high voltage spinel and lithium iron phosphate. The innovations lie in a simple water based process that enables a wider range of raw material inputs, eliminates manufacturing steps and provides high purity high performance materials. Nano One has been granted three patents covering process, materials and batteries and is actively developing other novel technologies to bolster its portfolio of intellectual property. Nano One has designed and constructed the pilot in collaboration with NORAM Engineering and its subsidiary BC Research. “Completing the pilot plant construction is a critical step towards commercial success and we would like to thank our team, collaborators and supporters,” added Mr. Blondal. “This continues to derisk our technology which we believe will lead to increased shareholder value. We are on budget, well positioned and looking forward to demonstrating our technology to stakeholders in the lithium ion battery market.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp. (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca The Automotive Supplier Innovation Program (“ASIP”) was created as part of the Canadian Federal Government’s Economic Action Plan 2015. The program is providing up to $100 million over five years (2015-2020) to encourage Canadian automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. The program will help research and development projects to become commercially viable by supporting product development and technology demonstration on a cost-shared basis with participating firms. For more information, please visit http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/h_am02377.html NORAM Engineering and Constructors Ltd. and their subsidiary, BC Research Inc., supply proprietary engineering and equipment packages to the chemical, pulp and paper, minerals processing and electrochemical sectors. They are recognized worldwide as a leader in the fields of nitration, sulfuric acid and electrochemistry. In addition to carrying out large assignments for major multi-national clients, NORAM and BC Research work with early-stage technology companies. They provide engineering design and fabrication support, sharing their experience in technology commercialization, and growing with companies as a strategic partner. Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


News Article | May 8, 2017
Site: globenewswire.com

VANCOUVER, B.C., May 08, 2017 (GLOBE NEWSWIRE) -- Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF), today announced that the construction of its pilot plant is now complete, commissioning of equipment began in April and demonstration of its patented technology is underway. Mr. Blondal also confirmed that Nano One has begun receiving contribution payments for its pilot project from the Automotive Supplier’s Innovation Program (ASIP) of Innovation, Science and Economic Development Canada (ISED). To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/3606/26643_a1494221871928_96.jpg. Mr. Robin Sweeny, Nano One’s pilot plant project manager, said “All of the pilot components are now installed, interconnected, and instrumented. Circuits have been energized and the water batching process and testing of motors is now underway. The pilot will showcase Nano One’s patented technology, simulate full scale production of cathode materials for the electric vehicle market, and initiate commercial scale-up opportunities with strategic interests. Nano One’s process also enables a wider range of lithium raw material sources which is drawing attention from the battery supply chain.”   The total ASIP contribution will be up to $1.9 million and complements that from Sustainable Development Technology Canada (SDTC) up to $2.1M. These contributions support the design, construction and operation of the pilot plant, are non-dilutive and non-repayable, and will be disbursed over the duration of the project. Nano One’s patented process uses equipment common to industry and is designed with flexibility to demonstrate a variety of processing concepts and chemistries. This flexibility enables Nano One to adapt to market needs and produce a range of cathode materials, including lithium nickel-rich manganese cobalt oxide, high voltage spinel and lithium iron phosphate. The innovations lie in a simple water based process that enables a wider range of raw material inputs, eliminates manufacturing steps and provides high purity high performance materials. Nano One has been granted three patents covering process, materials and batteries and is actively developing other novel technologies to bolster its portfolio of intellectual property. Nano One has designed and constructed the pilot in collaboration with NORAM Engineering and its subsidiary BC Research. “Completing the pilot plant construction is a critical step towards commercial success and we would like to thank our team, collaborators and supporters,” added Mr. Blondal. “This continues to derisk our technology which we believe will lead to increased shareholder value. We are on budget, well positioned and looking forward to demonstrating our technology to stakeholders in the lithium ion battery market.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp. (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca The Automotive Supplier Innovation Program (“ASIP”) was created as part of the Canadian Federal Government’s Economic Action Plan 2015. The program is providing up to $100 million over five years (2015-2020) to encourage Canadian automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. The program will help research and development projects to become commercially viable by supporting product development and technology demonstration on a cost-shared basis with participating firms. For more information, please visit http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/h_am02377.html NORAM Engineering and Constructors Ltd. and their subsidiary, BC Research Inc., supply proprietary engineering and equipment packages to the chemical, pulp and paper, minerals processing and electrochemical sectors. They are recognized worldwide as a leader in the fields of nitration, sulfuric acid and electrochemistry. In addition to carrying out large assignments for major multi-national clients, NORAM and BC Research work with early-stage technology companies. They provide engineering design and fabrication support, sharing their experience in technology commercialization, and growing with companies as a strategic partner. Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


News Article | May 8, 2017
Site: globenewswire.com

VANCOUVER, B.C., May 08, 2017 (GLOBE NEWSWIRE) -- Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF), today announced that the construction of its pilot plant is now complete, commissioning of equipment began in April and demonstration of its patented technology is underway. Mr. Blondal also confirmed that Nano One has begun receiving contribution payments for its pilot project from the Automotive Supplier’s Innovation Program (ASIP) of Innovation, Science and Economic Development Canada (ISED). To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/3606/26643_a1494221871928_96.jpg. Mr. Robin Sweeny, Nano One’s pilot plant project manager, said “All of the pilot components are now installed, interconnected, and instrumented. Circuits have been energized and the water batching process and testing of motors is now underway. The pilot will showcase Nano One’s patented technology, simulate full scale production of cathode materials for the electric vehicle market, and initiate commercial scale-up opportunities with strategic interests. Nano One’s process also enables a wider range of lithium raw material sources which is drawing attention from the battery supply chain.”   The total ASIP contribution will be up to $1.9 million and complements that from Sustainable Development Technology Canada (SDTC) up to $2.1M. These contributions support the design, construction and operation of the pilot plant, are non-dilutive and non-repayable, and will be disbursed over the duration of the project. Nano One’s patented process uses equipment common to industry and is designed with flexibility to demonstrate a variety of processing concepts and chemistries. This flexibility enables Nano One to adapt to market needs and produce a range of cathode materials, including lithium nickel-rich manganese cobalt oxide, high voltage spinel and lithium iron phosphate. The innovations lie in a simple water based process that enables a wider range of raw material inputs, eliminates manufacturing steps and provides high purity high performance materials. Nano One has been granted three patents covering process, materials and batteries and is actively developing other novel technologies to bolster its portfolio of intellectual property. Nano One has designed and constructed the pilot in collaboration with NORAM Engineering and its subsidiary BC Research. “Completing the pilot plant construction is a critical step towards commercial success and we would like to thank our team, collaborators and supporters,” added Mr. Blondal. “This continues to derisk our technology which we believe will lead to increased shareholder value. We are on budget, well positioned and looking forward to demonstrating our technology to stakeholders in the lithium ion battery market.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp. (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca The Automotive Supplier Innovation Program (“ASIP”) was created as part of the Canadian Federal Government’s Economic Action Plan 2015. The program is providing up to $100 million over five years (2015-2020) to encourage Canadian automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. The program will help research and development projects to become commercially viable by supporting product development and technology demonstration on a cost-shared basis with participating firms. For more information, please visit http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/h_am02377.html NORAM Engineering and Constructors Ltd. and their subsidiary, BC Research Inc., supply proprietary engineering and equipment packages to the chemical, pulp and paper, minerals processing and electrochemical sectors. They are recognized worldwide as a leader in the fields of nitration, sulfuric acid and electrochemistry. In addition to carrying out large assignments for major multi-national clients, NORAM and BC Research work with early-stage technology companies. They provide engineering design and fabrication support, sharing their experience in technology commercialization, and growing with companies as a strategic partner. Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


News Article | May 8, 2017
Site: globenewswire.com

VANCOUVER, B.C., May 08, 2017 (GLOBE NEWSWIRE) -- Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF), today announced that the construction of its pilot plant is now complete, commissioning of equipment began in April and demonstration of its patented technology is underway. Mr. Blondal also confirmed that Nano One has begun receiving contribution payments for its pilot project from the Automotive Supplier’s Innovation Program (ASIP) of Innovation, Science and Economic Development Canada (ISED). To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/3606/26643_a1494221871928_96.jpg. Mr. Robin Sweeny, Nano One’s pilot plant project manager, said “All of the pilot components are now installed, interconnected, and instrumented. Circuits have been energized and the water batching process and testing of motors is now underway. The pilot will showcase Nano One’s patented technology, simulate full scale production of cathode materials for the electric vehicle market, and initiate commercial scale-up opportunities with strategic interests. Nano One’s process also enables a wider range of lithium raw material sources which is drawing attention from the battery supply chain.”   The total ASIP contribution will be up to $1.9 million and complements that from Sustainable Development Technology Canada (SDTC) up to $2.1M. These contributions support the design, construction and operation of the pilot plant, are non-dilutive and non-repayable, and will be disbursed over the duration of the project. Nano One’s patented process uses equipment common to industry and is designed with flexibility to demonstrate a variety of processing concepts and chemistries. This flexibility enables Nano One to adapt to market needs and produce a range of cathode materials, including lithium nickel-rich manganese cobalt oxide, high voltage spinel and lithium iron phosphate. The innovations lie in a simple water based process that enables a wider range of raw material inputs, eliminates manufacturing steps and provides high purity high performance materials. Nano One has been granted three patents covering process, materials and batteries and is actively developing other novel technologies to bolster its portfolio of intellectual property. Nano One has designed and constructed the pilot in collaboration with NORAM Engineering and its subsidiary BC Research. “Completing the pilot plant construction is a critical step towards commercial success and we would like to thank our team, collaborators and supporters,” added Mr. Blondal. “This continues to derisk our technology which we believe will lead to increased shareholder value. We are on budget, well positioned and looking forward to demonstrating our technology to stakeholders in the lithium ion battery market.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp. (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca The Automotive Supplier Innovation Program (“ASIP”) was created as part of the Canadian Federal Government’s Economic Action Plan 2015. The program is providing up to $100 million over five years (2015-2020) to encourage Canadian automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. The program will help research and development projects to become commercially viable by supporting product development and technology demonstration on a cost-shared basis with participating firms. For more information, please visit http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/h_am02377.html NORAM Engineering and Constructors Ltd. and their subsidiary, BC Research Inc., supply proprietary engineering and equipment packages to the chemical, pulp and paper, minerals processing and electrochemical sectors. They are recognized worldwide as a leader in the fields of nitration, sulfuric acid and electrochemistry. In addition to carrying out large assignments for major multi-national clients, NORAM and BC Research work with early-stage technology companies. They provide engineering design and fabrication support, sharing their experience in technology commercialization, and growing with companies as a strategic partner. Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


News Article | February 15, 2017
Site: www.marketwired.com

C-CORE results prove precision performance of Hifi's HDS™ technology with no false positives in real time CALGARY, AB--(Marketwired - February 15, 2017) - Hifi Engineering Inc. ("Hifi"), a developer and supplier of leading edge fiber optic sensing technologies used to monitor gas and fluid flow in pipelines and oil and gas wells, today announced results of its High-fidelity dynamic (acoustics, temperature, strain) sensing HDS™ technology as part of their testing with C-CORE, a Canadian research and development (R&D) corporation. The program was funded by LOOKNorth, a national Centre of Excellence for Commercialization and Research hosted by C-CORE. The C-CORE results proved the Hifi HDS system successfully detected all leaks generated during this testing program, with no false positives in real time. Operating pressures ranged from 195psi down to 3psi, for both liquids and gas, in both offshore and land applications. "We are very pleased with the performance of our HDS technology", said John Hull, Hifi's Founder and Chief Technology Officer. "To achieve 100% performance with no false positives proves our technology is world class, and ready to assist the industry in achieving 100% pipeline safety. These results reaffirm the performance also demonstrated through Hifi's many field pilots and commercial installations." Hifi's HDS high definition technology monitors every centimeter of a pipeline, 24 hours per day, and can detect flows less than a liter within seconds. It includes proprietary, fiber optic cables optimized for sensing, as well as optical hardware and software for permanent deployment and continuous monitoring. The patented software algorithms are designed to correlate acoustic, temperature and vibration / strain data in real-time to discern operating conditions such as excessive strain, thermal events, and security intrusions, which if left unaddressed, could evolve into a leak in the pipeline. The HDS system can also detect extremely low flow and pinhole sized leaks, with the ability to alarm and notify the pipeline operator in seconds, through a control room software powered by GE Predix™. As previously announced, Hifi has been working with Enbridge's Pipeline Control Systems and Leak Detection team to evaluate Hifi's HDS technology, along with other joint industry partners Kinder Morgan Canada and TransCanada Pipelines, through C-FER Technologies' External Leak Detection System Evaluation Program in Edmonton. The positive performance of Hifi's HDS system comes on the successful completion of the previously announced project investment between Hifi and Sustainable Development Technology Canada (SDTC), on behalf of the Government of Canada. The project from SDTC's SD Tech Fund, was $2.0M as part of a $6.0M development initiative of Hifi's next generation HDS technology for preventative pipeline leak detection. "SDTC is proud to see the investment into this innovative pipeline leak detection technology result in this successful demonstration. The HDS technology has the potential to reduce the incidence of leaks, and increase the confidence of the public in our pipeline system in Canada. We are encouraged by this, and remain optimistic in the success of this project with Hifi Technologies", said Leah Lawrence, president and CEO, Sustainable Development Technology Canada. "HiFi Engineering's technology is proof of the importance of investing in energy innovation", said Navdeep Bains, Minister of Innovation, Science and Economic Development. "Our Government is proud to support Canadian companies that are focused on developing clean technologies. These companies will create new products and services that are more energy efficient, emit lower carbon emissions and promote healthier communities. Clean technology producers will also create entirely new jobs and business opportunities for Canadians. That's how innovation makes a better Canada." About Hifi Hifi is a privately held Canadian company, with minority ownership from Enbridge and Cenovus, specializing in the research, development, supply and commercial operation of next generation fiber optic sensing technologies primarily used to monitor gas and fluid flow in oil and gas wells, and preventative leak detection for pipelines. Headquartered in Calgary, Alberta, Hifi currently has a number of commercialized products, including its HDS™ MiCro tool offering for downhole flow applications, and HDS™ MaCro system for permanent monitoring of pipelines and reservoirs. For more information, visit www.hifieng.com. About C-CORE C-CORE is an ISO 9001-registered R&D organization established in 1975 and headquartered in St. John's, Newfoundland and Labrador (NL). With unparalleled harsh-environment expertise and world-leading technical capability in Remote Sensing, Ice Engineering and Geotechnical Engineering, C-CORE provides research-based advisory services and technology solutions to help clients mitigate operational risk in harsh environments and to address security, sustainability and safety issues related to their regulatory and operating needs worldwide. About LOOKNorth LOOKNorth is a Canadian national Centre of Excellence for Commercialization and Research hosted by C-CORE. LOOKNorth fosters remote sensing innovation and promotes the use of remote sensing technologies in environmental monitoring as a way to assist decision-making and reduce uncertainties, risk and cost in challenging environments. LOOKNorth helps connect remote sensing innovators with end users facing a monitoring challenge. About SDTC Sustainable Development Technology Canada is an arm's-length foundation created by the Government of Canada to promote sustainable development and support projects that develop and demonstrate new technologies to address issues related to climate change, air quality, and clean water and soil. Sustainable Development Technology Canada invests in Canadian companies that, through their innovative technologies, contribute positively to Canada by creating quality jobs, driving economic growth and protecting the environment. For more information, visit www.sdtc.ca.


News Article | February 17, 2017
Site: www.greencarcongress.com

« Ace Ethanol to install D3MAX cellulosic ethanol pilot plant; “bolt-on” technology | Main | New ultrafast camera for self-driving vehicles and drones » The Government of Canada is awarding a total of $18.2 million to two companies that have developed innovations with the potential to make cars lighter, more fuel efficient and, in the case of electric cars, better performing due to a longer battery life. Astrex Inc. of Lakeshore will receive a repayable contribution of up to $17 million from the Federal Economic Development Agency’s (FedDev Ontario) Advanced Manufacturing Fund. The investment will enable Astrex, a manufacturer of auto parts, to establish a facility that produces lightweight, high-strength aluminum components. The parts manufactured at this plant will reduce fuel consumption and lower carbon emissions. Astrex is a joint venture between Ontario-based CanArt Aluminum Extrusion Inc. (CanArt), and the Netherlands-based multinational Constellium N.V. (Constellium). CanArt is a privately-held company that produces a wide range of aluminum products and employs 375 people. Constellium is a leading European company that produces aluminum products for the automotive industry, with 22 facilities and 11,000 employees worldwide. Another $1.2 million in a non-repayable contribution will go to GBatteries Energy Canada Inc. of Ottawa. The funding from Sustainable Development Technology Canada’s SD Tech Fund, which funds clean-technology projects, will allow the company to develop longer lasting batteries for electric cars. The battery system would also recharge much more quickly than existing ones. In this project, GBatteries will be working with two consortium partners, eCAMION and S&C Electric Canada Ltd., to implement and demonstrate an Active Battery Management System (ActiveBMS), a charging technology for application with electric vehicles. Sustainable Development Technology Canada is providing $1,185,000 towards GBatteries to assist them in implementing and demonstrating the Active Battery Management System (ActiveBMS). This is an innovative technology that will enhance battery life and increase battery charging rates by at least six times over conventional methods. ActiveBMS is designed to stifle lithium-ion battery degradation mechanisms, such as growth of the SEI layer, anode cracking, and temperature growth by continuously adapting bursts of energy during the charging process. This unlocks new functionality within the battery, without altering how the battery is manufactured—only how it’s controlled inside of an electrical device. GBatteries is embarking on a project to demonstrate and implement its innovative technology that will allow a battery to be charged 50% in five minutes and 80% in 10 minutes. The charging speed will be of particular use in electric vehicles, as this technology has the potential to reduce charging times to the time it takes to fill up traditional fuel tanks. This technology has the potential to move electric vehicles into the mainstream of consumer purchasing options.

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