The advanced battery technology, which is currently under development, is unlike any other battery technology and is distinct from other storage options available on the market today. The award winning developer combines unique chemistry and an innovative design, to deliver a low cost structure, flexible system response, and a long life cycle.
In less than a year, Bi-Direx has gained recognition in
Next generation battery technologies are typically characterized by high current to voltage ratios which are challenging for conventional high voltage inverters when used in the lower power ratings needed for distributed systems. Bi-Direx' patented technology enables the lower power ratings with best in class energy conversion efficiencies. Unlike competitive inverters in its class, Bi-Direx' proprietary design is easily adapted to the different operating specifications of the different technologies allowing its customers to easily optimize battery performance for variable operating conditions of distributed energy storage systems.
No details on volumes or the identity of the customer are being released at this time to maintain customer confidentiality and for competitive reasons.
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Forward Looking Information
The reader is advised that some of the information herein may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, we include: statements concerning the potential for better performance of the Bi-Direx energy storage inverter with next generation battery technologies statements concerning the design flexibility of the Bi-Direx energy storage with a wide range of new battery technologies and statements concerning our business model
Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Many factors could cause the Company's actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. Readers are also directed to the Risk Factors section of the Company's most recent Audited Financial Statements which may be found on its website or at sedar.com The Company does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
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Justin HollandCOO, Eguana Technologies Inc+1.416.728.7635 Justin.firstname.lastname@example.org Source: Eguana Technologies Inc.