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Aether Catalyst Solutions Inc C.ATHR

Alternate Symbol(s):  ATHHF

Aether Catalyst Solutions, Inc. is a Canada-based company. The Company is engaged in the development and potential subsequent commercialization of catalytic materials, initially for use in gasoline engine emissions abatement (in both the automotive and small engines market), but with other possible applications (including diesel, stationary power, and volatile organic compounds). It has developed a three-way catalyst to replace the precious metals utilized in automotive catalytic converters. Its technology does not contain any platinum, palladium, or rhodium. Its catalyst can be processed using wash-coating methods that are scalable to high volume and low costs. It is engaged in two primary areas of business activity: small motors and automotive. It is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst, while meeting, or exceeding government emission standards.


CSE:ATHR - Post by User

Post by lscfaon Nov 23, 2023 12:59pm
158 Views
Post# 35750262

NDA WITH GLOBAL TIER-2 AUTO COMPONENTS CO.

NDA WITH GLOBAL TIER-2 AUTO COMPONENTS CO.
AETHER CATALYST SOLUTIONS, INC. ENTERS INTO NDA WITH GLOBAL TIER-1
AUTO COMPONENTS COMPANY.
Burnaby, British Columbia / November 23, 2023 – Aether Catalyst Solutions, Inc. (“ATHR” ) (CSE:
ATHR) (FSE:2QZ) is pleased to announce that it has entered into a Non-Disclosure Agreement (the
“NDA”) with an Asian based global tier-1 automotive components company (the “Company”).
The Company, with dozens of facilities in Asia and Europe, designs, manufactures, and supplies
components to OEMs worldwide.
Taylor Procyk, Chief Operating Officer of Aether comments “The Company’s expertise in this area was
apparent from the start. Aether’s team is excited for this particular application as it appears to offer fewer
technical barriers to entry than others we are pursuing. We’re thrilled to be working with another top-
notch company to bring our technology to market”.
Paul Woodward, President and CEO of Aether, states “While in the early stages, this NDA with an Asian
multinational represents another huge opportunity for Aether; we now have two automotive programs
going, both with large organizations that have the motivation and means to rapidly move our technology
towards commercialization should we be successful.”
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