MD&A The Corporation expects to generate its revenues from: (i) process, design and engineering fees; and (ii) royalty fees as a percentage of capital expenditure from the implementation of its projects. The Corporation believes that this simplistic revenue model has potential to be profitable due to its low overhead costs.
The Corporation receives fees for its initial engineering assessment from its suppliers, which is sufficient to maintain the ongoing financial requirements of the Corporation and its general administrative and corporate expenses; however the completion of customer projects will result in significantly greater revenues resulting from design and licensing fees, in particular from the licensing of the Corporation’s proprietary and patented technologies.
Delta is currently active in over 38 CO2 capture projects world-wide that are in various stages of development. The demand for Delta’s carbon capture technology has increased in recent years in response to three factors: (i) emergence of ESG policies; (ii) the implementation of carbon taxes in certain jurisdictions; and (iii) CO2 utilization for commercial products.