A MUST READ on KontrolAnyone owning Kontrol or thinking of it needs to read this excellent new article. Big Money Flowing into Smart Building Sector By ROBIN LEFFERTS July 21st, 2021 The evidence and impact of climate change is all around us, with record heat and record floods happening regularly around the world. In the push to slow global warming, the effort to make buildings more efficient and sustainable is playing a major role. The smart building revolution is upon us, and it makes sense. The operation of existing buildings, combined with the construction of new buildings, accounts for about 40% of global CO2 emissions, outpacing industry and transportation as major contributors to greenhouse gas emissions. According to smart building researchers at Memoori, funding is at an all-time high in the sector. In the first half of 2021, more than $5.1 billion poured into the space in the form of funding rounds ranging from seed to growth capital. Over 30% of this money went to property technology which addresses the management and operations of commercial and industrial buildings. At the same time, Memoori reported 58 acquisitions in the smart buildings sector in Q1 21 alone, noting the trend of acquiring Internet of Things (IoT) technologies that improve building performance. One company squarely in the middle of these trends is Kontrol Technologies Corp. (NEO: KNR) (OTCQB: KNRLF) (FSE: 1K8). Kontrol provides an integrated building technology platform including Kontrol Energy, Kontrol Emissions, and Kontrol BioCloud, that together make buildings more efficient, less expensive to operate, cleaner for the environment, and safer for occupants. IoT is the Key The whole idea with smart building technology is to automate processes as much as possible, relying on artificial intelligence to parse information provided by sensors that monitor all systems in the building. Kontrols SmartSite software platform is the companys central nervous system, able to work with almost any type of sensor or data source and presenting building owners with predictive and easy-to-understand information. The constant monitoring and analysis of the buildings vital stats ensures optimal operations at all times, easing the burden of property managers and maintenance personnel to keep up with needs in real time. Not only does the platform identify maintenance and upgrade recommendations in real time, but it usually pays for itself within three years of adoption, assuming relatively normal operations. If SmartSite helps building operators avoid major liabilities from lack of maintenance, neglect, or an unsafe environment, the payoff is obviously much greater. BioCloud Developments Kontrol BioCloud is a technology that definitely sets the company apart from its competitors. The system utilizes patent-pending technology to monitor air quality in real time, feeding that information to the SmartSite platform for analysis and alerting the client to any potential pathogens in the air.. BioCloud was originally developed to detect the SARS-CoV-2 virus and other viral pathogens, funded in part by the National Research Council of Canada Industrial Research Assistance Program as well as the Ontario governments Ontario Together Fund. In fact, Kontrol recently announced the receipt of the final $800,000 (out of a total of $2 million) from the Together Fund, and the money is being used to expand the technology and fund commercialization efforts. Its a pretty elegant solution for workspaces and public buildings, coming at a time when society is trying to return to normal while the pandemic continues to present dangers and doesnt seem to be going away any time soon. BioCloud constantly monitors the air for COVID and other viruses, taking the guesswork out of determining safety levels at any given time. In fact, BioCloud is set to be used by the Canadian Olympic Committee at the upcoming Olympic Games in Tokyo. Kontrol has been adding capabilities to the system as well. BioCloud can now sense and measure volatile organic compounds (chemicals from manufacturing like benzene and formaldehyde), particulate matter, humidity, CO2 and more. Where Kontrol is Headed Kontrol has growth strategies that include opening new channels, acquiring new technologies to improve offerings, and acquiring service providers with existing revenue streams. The company recently announced a new channel into the US federal government, entered into a purchase agreement to acquire a building services provider with $43 million in 2020 revenues, and has four finalized acquisitions under its belt. Revenues are growing, and industry trends indicate the company is in the right place at the right time. Kontrol Technologies has all the makings of a ground floor technology and services opportunity in a very hot sector. https://www.secfilings.com/news/big-money-flowing-into-smart-building-sector-214/