16:47:26 EST Tue 07 Dec 2021
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Aether Catalyst Solutions Inc
Symbol ATHR
Shares Issued 41,746,712
Close 2021-02-16 C$ 0.11
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Aether begins small motors emissions abatement project

2021-02-16 14:17 ET - News Release

Mr. Paul Woodward reports

AETHER CATALYST SOLUTIONS, INC. ANNOUNCES LAUNCH OF THE URBAN SMALL MOTORS EMISSIONS ABATEMENT PROJECT

Aether Catalyst Solutions Inc. has launched the urban small motors emissions abatement project to engage with municipalities utilizing small motors to test Aether's emissions abatement technology.

Small motors contribute significantly to urban air pollution: "Today, operating the bestselling commercial lawn mower for one hour emits as much smog-forming pollution as driving the bestselling 2017 passenger car, a Toyota Camry, about 300 miles -- approximately the distance from Los Angeles to Las Vegas," according to the California Air Resource Board's Small Engines in California fact sheet. Currently, emissions from these small motors are lessened to the extent possible by simple factory tuning of the motors that allows them to meet minimal requirements. Thus, these devices are still responsible for considerable volumes of urban air pollution, causing significant amounts of smog and greenhouse gas emissions.

The common argument used to justify current emission requirements for small motors has been the cost of precious-metal-based catalytic converters being too high for consumers. However, with Aether's low-cost emission reduction technology, the cost argument will no longer be valid. Adding to this, the general awareness of urban air pollution and greenhouse gas emissions has become a major political talking point and voters are demanding improvements be made. In discussions with a small motor OEM (original equipment manufacturer), it now appears likely that small motors emissions will be tightened soon, creating a legislated demand for Aether's technology.

The company believes that it will find many willing municipalities to partner with on this project and the results will be beneficial in two ways: Firstly, the data Aether obtains from in-use applications with varying types of equipment will be invaluable to the company in optimizing Aether's catalyst and engineering its use in small motors. Secondly, with the regulatory environment changing, having a successful presence in that use segment will allow Aether to present as a ready solution and perhaps accelerate adoption of clean air legislation.

Taylor Procyk, chief operating officer of Aether, commented, "We are excited to begin this project; we believe that right now, even in their unoptimized state, our catalysts could make a difference to urban air pollution, and this project gives us a chance to get them in the hands of users who can hasten their adoption."

Aether views the small motors market as a near-term opportunity for the commercialization of its technology and a stepping stone to the automotive market.

About Aether Catalyst Solutions Inc.

Aether Catalyst Solutions is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst while meeting or exceeding government emission standards. Aether is working to quickly advance its technology through rapid screening of new materials directed at enhancing end-of-life conversion levels after accelerated aging. While Aether's primary focus has been automotive applications, the company is also developing catalysts to address small motors emissions -- a significant contributor to urban air pollution.

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