Canadian smart building specialist Kontrol Technologies recently said it is shipping BioCloud units to a global technology company, which operates in the field of technology testing and validation, with approximate annual revenues of $7 billion.
Following the completion of an NDA and technology review in the third quarter of 2021, BioCloud has been selected by the customer for various applications, Kontrol said.
“This is another opportunity which demonstrates our ability to attract global organizations to the BioCloud technology platform,” said Paul Ghezzi, CEO of Kontrol Technologies. “In a short period of time, we have attracted multiple organizations that operate with a global footprint and represent scaling potential for the BioCloud technology across a variety of applications,? Ghezzi said.
Kontrol had also recently entered into a non-disclosure agreement with a U.S.- based Covid-19 testing and technology company to assess the value of the BioCloud technology in support of on-site rapid testing locations in various municipal applications.
Kontrol BioCloud is an operating subsidiary of Kontrol Technologies. The BioCloud technology is a real-time analyzer designed to detect airborne viruses and pathogens. BioCloud has been designed to operate as a safe space technology by sampling the air quality continuously. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and a silent notification system is created. BioCloud can be applied to any space where individuals gather including classrooms, offices, retirement homes, hospitals, mass transportation and others, the company said.
Kontrol Technologies recently announced that it has surpassed 400 customer buildings and is set to double its market share in 2022.
In August of 2021, Kontrol Technologies announced the completion of the acquisition of Global HVAC & Automation.
The firm said that Global?s service offering complements Kontrol?s existing product portfolio, adding that the combination of the two is expected to create significant growth opportunities over the coming years.
In November, Kontrol Technologies said it was advancing net zero building infrastructure with the launch of SmartPower, a fully integrated geothermal and VRF (variable refrigerant flow) solution, for the new construction and energy retrofit market.
The launch of SmartPower for on-site power generation for heating and cooling of entire buildings represents a technology addition to the company?s current platform, including SmartSite software for building HVAC control and optimization and SmartSuite hardware and software for in-suite energy management.