First Tellurium (CSE: FTEL) (OTCQB: FSTTF) and its majority-owned subsidiary have announced an initiative to build and install a demonstration thermoelectric generator designed to replace vehicle alternators, increase efficiency for combustion engines and help electric vehicles generate more power. According to the announcement, PyroDelta Energy has been working on the thermoelectric generator for eight years; the company has reached the point where it is looking for a facility to assemble the device, retrofit it into a car and demonstrate its functionality. PyroDelta is also exploring other significant target markets, such as solar panels, drones and greenhouses, where the device could be used to save significant amounts of energy and increase efficiency.
“The market potential and demand are huge based on the push from governments worldwide to reduce carbon emissions,” said First Tellurium President and CEO Tyrone Docherty. “We anticipate a relatively short timeline to complete the working prototype and have a production-ready model. . . . As news of the device gets out there, we are also hearing from representatives of industries that we hadn’t even explored yet. We’re very excited about where we might go with new applications.”
To view the full press release, visit https://nnw.fm/6olRs
About First Tellurium Corp.
First Tellurium adheres to a unique business model designed to generate revenue and value through mineral discovery, project development, project generation and development of tellurium-based technologies. First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent. For more information about the company, please visit www.FirstTellurium.com.
NOTE TO INVESTORS: The latest news and updates relating to FSTTF are available in the company’s newsroom at https://nnw.fm/FSTTF
About NetworkNewsWire
NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: https://www.NetworkNewsWire.com/Disclaimer
NetworkNewsWire
New York, NY
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is powered by IBN
