AirTest Technologies Inc. (TSXV: AAT)
A Green-Tech company specializing in sensors that improve commercial building operating efficiency and at the same time create energy savings.
ATI AirTest Technologies Inc (AAT CCA) is a manufacturer and distributor of air monitoring technologies to ensure health and efficiency for buildings. This is one stock to watch this quarter with some key advancements and the re-introduction of the desktop CO2 monitor. The desktop CO2 monitor is a great indicator of fresh air ventilation in buildings which is important in the transmission of the COVID-19 virus. AirTest Technologies (AirTest) is now playing an instrumental part in helping many businesses and large tech companies re-open back up during COVID-19.
AirTest (AAT) at the time of this article has shares trading at $0.07 and remains to be one to watch during the 4th quarter of 2020.
The CompanyAirTest is a growth-oriented public company specialized in sensors that improve commercial buildings operating efficiency. The company’s sensor technologies are designed to improve the energy performance, environmental impact, and return on investment for millions of commercial and residential buildings. AirTest’s sensors are based on technical innovations that are designed with the second wave of energy-saving technologies in mind that are predicted to be utilized in all buildings across North America.
The U.S Government has recently announced that it will provide $4 billion dollars to mandate retrofitting to existing structures with the construction of new green buildings. The U.S. green building market value is expected to balloon to $163 billion by 2025, up from $71 billion in 2010. For AirTest as a company, and its investors, that would provide the perfect opportunity.
With the convergence of climate change Initiatives and rising energy costs, the demand for Energy Efficient Technologies is rapidly growing. AirTest’s key business objective is to give intelligence to the HVAC units in buildings. After placing its CO2 sensors in an occupied space, the proprietary systems calculate the occupancy of a building and thereby control the HVAC unit to ventilate based on the actual number of people in the space.
NYSERDA, the New York State Energy Research and Development Authority, has thoroughly reviewed DCV (Demand Controlled Ventilation) and has estimated savings ranging from 30% to 80%. AirTest has one of 4 NYSERDA approved CO2 sensors, but the only one that never needs calibration.
AirTest’s is predicted to grow in value in the next few months due to the operations focus on air monitoring systems for clean air designed to prevent viruses such as COVID-19.
AirTest’s recent release of the instant reading desktop CO2 sensor to verify air quality is predicted to be hit during times of the COVD-19 pandemic. The sensor is self-calibrating and will display and classify general air quality based on CO2 levels as Good, Normal, or Poor. Ideally, during these times when COVID-19 is a concern, outside air ventilation should be maintained in the “Good” category ensuring that fresh air ventilation levels are high, minimizing the ability for colds, viruses, and other contaminants to build up and spread to the building occupants.
As many seek to upgrade their air ventilation and filtration systems to meet new regulations and help prevent the transmission of the COVID-19 virus, the company’s value is predicted to grow as demand rises in this next quarter. Businesses, schools, dorms, and other places are required to have effective air filtration systems in place to ensure the building is a healthy environment to work and play.
AirTest has played a key part in the reopening of large tech companies during COVID-19. According to AirTest CEO George Graham, “We see great opportunity for the application of our self-powered, wireless self-calibrating CO2 sensors as part of COVID-19 re-opening of businesses. While there is still concern for the virus, CO2 measurements can ensure the building is being well ventilated. Once the threat has passed, the sensor’s output can be used to save energy using demand-controlled ventilation.”
The company has since continued in its development of its growth strategy with the addition of sales agents who can provide its energy-saving solutions for large retail chains.
According to George Graham, “Adding sales agents with existing contacts of large retail chains will open the door for AirTest’s broad portfolio of wireless smart sensor technology that enhances existing building energy savings, improve operational efficiency and ensure a healthy indoor environment. These additional sales agents will be at the forefront of AirTest’s breakthrough implementation of sensor-based IoT (Internet of Thing) to enhance building performance in all ways.”
AirTest is also experiencing a great deal of interest at this time, in its products that not only provide data on ventilation and Indoor Air Quality (IAQ) but also are capable of monitoring and improving air quality in occupied spaces such as offices and school classrooms. Existing customers and new inquiries are coming to AirTest to improve the visibility of their IAQ and where necessary install a system to monitor and improve the IAQ.
“Disclaimer: The company described in this article is a customer of NAI Interactive Ltd. This material is for informational purposes only and is not intended as a recommendation or offer or solicitation for the purchase or sale of any securities or financial instruments, or for transactions involving any financial instrument or trading strategy.”
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