16:05:08 EDT Thu 11 Aug 2022
Enter Symbol
or Name
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Aether Catalyst Solutions Inc
Symbol ATHR
Shares Issued 41,746,712
Close 2022-02-23 C$ 0.27
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Aether appoints Polvi as subsidiary's CEO

2022-02-23 16:56 ET - News Release

Mr. Paul Woodward reports

AETHER CATALYST SOLUTIONS, INC. HIRES EXPERIENCED ENERGY EXECUTIVE TO LEAD NEW CLEAN-TECH SUBSIDIARY

Aether Catalyst Solutions Inc. has appointed Steve Polvi, PEng, as chief executive officer of its subsidiary clean-tech venture.

Mr. Polvi comes to the company upon leaving a successful 22-year career at Shell PLC, where most recently he held the title of manager, renewable natural gas.

At Shell, Mr. Polvi led the development, construction and start-up of Junction City Biogas, Shell's first ever renewable natural gas project. His knowledge and work experience at Shell spanned all technical and commercial aspects of natural gas asset development and management.

For the past five years, Mr. Polvi's primary focus was to advance Shell's net-zero-emission agenda in the low carbon fuel business.

Mr. Polvi is a resident of Calgary, Alta., who holds a BSc in mechanical engineering from the University of Saskatchewan. Mr. Polvi is a registered professional engineer.

Mr. Polvi stated: "I am extremely excited to take on this opportunity as CEO of Aether's subsidiary. I see new and exciting opportunities in clean technology, capable of significantly narrowing the gap towards net zero. Aether has given us a broad directive: to target and pursue emissions abatement opportunities across the energy spectrum with no limitations."

Paul Woodward, chief executive officer of Aether, stated: "We're excited to bring Steve on board. He is uniquely qualified to fulfill the mandate of our subsidiary: to explore non-automotive uses of our technology or, for that matter, any clean-air technology that can be acquired and commercially developed. We are delighted to have attracted Steve, and we look forward to the value he will undoubtedly bring our shareholders."

About Aether Catalyst Solutions Inc.

Aether, a clean-air tech company, is focused on providing an order of magnitude cost reduction in automotive catalytic converter tech while meeting, or exceeding, government emission standards. Aether is actively advancing its technology through rapid screening of new material combinations. To date, Aether's primary focus has been on catalyst development for the transportation and small motor industries -- both significant contributors to urban air pollution. Recently, Aether formed a subsidiary company to explore other applications of its clean-air technology.

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