RE:RE:Stock price upmjh9413 wrote: What makes you think the ClearPower system is at commercial stage?
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From QST's Nov. 27th press release:
We have continued to invest in product development in to reduce operating costs for our clients. Questor acquired ClearPower Systems Inc. ("ClearPower") in early 2014, and has invested funds to further develop the technology that transforms waste heat from any source into power. Testing of the revised prototype unit was completed this quarter with results that exceeded expectations. The unit generated in excess of 65kW of power making it a very competitive solution. We are currently preparing to move this unit to our Grande Prairie facility in preparation for further testing integrated with our incinerator. In 2016, with the valued support of SDTC funding from the Canadian federal government, we will demonstrate this technology in the field. Questor has been actively marketing this technology and, based on the early interest, the first sale is anticipated by Q1 2016. The ClearPower options not only serve our oil and gas clients, but they allow Questor to diversify our product offering to industries outside of oil and gas. Read more at https://www.stockhouse.com/news/press-releases/2015/11/27/questor-technology-inc-announces-third-quarter-2015-financial-results#OLZe7xoe0PKwYCRX.99