Kontrol Provides Use Case Update for HVAC and Buildings
Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) ("Kontrol" or the "Company") a leader in smart buildings and cities through IoT, Cloud and SaaS technology, today provides use case update for HVAC and buildings, as well as growing demand for data and analytics for BioCloud under three Non-Disclosure agreements.
"BioCloud’s positive recent in-field performance provided additional technology validation which has resulted in immediate interest from organizations seeking innovative solutions to monitor and improve air quality,” said Paul Ghezzi, CEO of Kontrol. “Under non-disclosure agreements we are supplying three additional organizations with BioCloud technology patents, testing, data and analytics. We are executing well on our strategy to grow our presence in regional markets by building relationships with large organizations which have a scalable business model. By employing a data-driven approach, we are continuously adding to our solution value proposition through technology enhancements, while substantiating key use cases for integration with buildings and HVAC systems.”
All organizations under non-disclosure agreements (“NDA”) currently offer a myriad of viral and pathogen testing solutions and air quality technology and are interested in BioCloud as a potential integrated solution to create safer spaces. One of the organizations operates as a global conglomerate in facility testing, certification and benchmarking, with approximately $7 Billion in annual revenues. While there is no certainty that the execution of an NDA and the sharing of all technical data will result in revenues related to the NDA, the Company is pleased by its recent in-field testing results and will announce progress on potential distribution agreements or strategic partnerships as they are executed.
BioCloud Use Case in Buildings and HVAC
According to the American Society of Heating, Refrigerating and Air-Conditioning Engineers or (ASHRAE):
Transmission of SARS-CoV-2 through the air is significant and should be controlled. Changes to building operations, including the operation of heating, ventilating, and air-conditioning systems, can reduce airborne exposures.
Ventilation and filtration provided by heating, ventilating, and air-conditioning systems can reduce the airborne concentration of SARS-CoV-2 and thus the risk of transmission through the air. Unconditioned spaces can cause thermal stress to people that may be directly life threatening and that may also lower resistance to infection. In general, disabling of heating, ventilating, and air-conditioning systems is not a recommended measure to reduce the transmission of the virus. (ASHRAE, 2020)
Ventilation is the mechanism by which clean air is provided to a space. It is essential for meeting the needs of occupants and for diluting and removing pollutants emitted by indoor sources. High rates of air change can lead to excessive energy burden on a building’s heating and/or cooling systems. It is estimated that an HVAC system can account for up to 70%* or more of energy demand. Accordingly, there is often a conflict between a desire to minimise ventilation rate, to reduce energy demand, and to maximise ventilation, to ensure optimum indoor air quality. (*source: www.aivc.org )
In the event of a virus or pathogen detection, more precise commands can be sent to the building automation systems for more ventilation and fresh air exchange over a specific period of time. This additional intelligence is tied to the BioCloud’s ability to integrate with buildings automation systems in real time. In this regard, BioCloud can serve as an important technology integration into the majority of HVAC systems as well as a stand-alone solution in an office setting or spaces where individuals gather.