AirTest Technologies Inc. (TSXV: AAT)

Summary

AirTest Technologies (www.airtest.com) is a Green-Tech company specializing in sensors that improve commercial building operating efficiency and at the same time create energy savings. These sensors are all based on technical innovations developed in the last 10 years and comprise a growing second wave of energy saving technologies that will make a significant impact on making the large number of existing buildings green and sustainable. AirTest offers its products to leading-edge building owners, contractors and energy service companies targeting the buildings market. AirTest also provides energy cost reduction solutions to building equipment and controls manufacturers who incorporate AirTest sensor components in their products.

Stock Chart

Share Structure

As of Sept. 24, 2020
Shares Issued 75,155,581
Warrants 25,000,000
Options 7,000,000
Fully Diluted 107,155,581

Investment Highlights

  • Recent Migration to Wireless sensors provides greater ROI for customers by virtually eliminating labour and material cost of wired sensors
  • Current high level of interest in proper ventilation of indoor spaces is leading to greater adoption of CO2 sensors

Products:

  • CO2 Sensors
  • CO Sensors
  • Combustible Sensors
  • Pressure Se
  • Chiller and RTU monitoring

Management Profiles

Ted Konyi CEO

Ted is a serial entrepreneur in the financial sector. Having co-founded two financial planning companies and broker dealer, he went on to form and operate 17 successful Oil and Gas Income Limited Partnerships. Through his operating company Maxwell Mercantile Inc., Ted has raised in excess of $300 million for both private and public companies. In 2004, Ted founded Smartcool Systems Inc., a software-based energy efficiency company, of which he is currently CEO and Chairman. Ted's focus will be to improve the awareness of the Company in the financial community and develop strategic financing opportunities. This will enable AirTest to aggressively pursue its continuing priority of creating Energy Efficiency in commercial buildings.

George Graham Founder, President and Director

Mr. Graham is a seasoned business executive who is the founder of AirTest Technologies Inc. Having successfully operated several private businesses before founding AirTest, Mr. Graham has a proven track record of adding shareholder value through organic growth.

MIKE SCHELL CTO, VP SALES

Mr. Schell has nearly 30 years of experience in developing markets for gas sensor applications.
Before joining AirTest, Mr. Schell was a co-founder of Telaire, the first company to develop low cost CO2 measurement technology for the buildings market. As a pioneer in the concept of using CO2 sensors to control ventilation based on occupancy, Mike has led AirTest in putting together an excellent product and sales support capability which has resulted in the strong growth of the parking garage systems AirTest sells as well as the current rapid growth of CO2 sensor business.