Company: Dais Analytic Corp. (OTCQB: DLYT)
According to Nano.gov, nanotechnology is science, engineering, and technology conducted at the nanoscale, which is about 1 to 100 nanometers. Why is understanding how nanotechnology works important? How can manipulation of matter on such a small scale make such a big impact? Nanotechnology allows us the ability to create new materials and manufacturing possibilities that could significantly impact our economy, our quality of life, our environment and our society (paraphrased: https://www.nccommerce.com/sti/nanotechnology).
In this interview, Tim Tangredi, CEO of Dais Analytic discusses how the company, a nanotechnology business, is using their proprietary nanomaterial to address global water and energy issues.
SNN: Please provide an overview of Dais.
TT: Dais is a nanotechnology business. We are producers of a versatile family of nanomaterial - called Aqualyte™ – and engineered processes which mange Aqualyte’s feature set.
For over a decade now in communities worldwide we have used Aqualyte’s feature set to lower the cost and on-going expense of heating and cooling systems by better managing temperature and moisture in a heating, ventilation, and air-conditioning (HVAC) product ConsERV™.
Our next product introduction - called NanoClear™ - takes advantage of the Aqualyte materials properties, and produces high-purity drinking water from a variety of contaminated sources.
Dais's business is poised for sustainable growth based on these and other planned uses of our nanomaterial and processes because they make our lives - and our planet - healthier.
SNN: How can nanotechnology be used to address the global water and energy issues?
TT: Applications for nanotechnology in the global energy and water industries continue to grow. We see move evidence of this worldwide everyday.
Nanomaterial’s are showing up in newer ways to manufacture and improve the energy density in the latest generation of solar equipment, cleaning contaminated water at the point of contamination, allowing reuse to be practical and disposal of contaminants to be more efficient as well as providing a higher quality of water. In short, we’re ‘breaking’ the ‘energy/water nexus’, significantly improving the comfort while increasing energy efficiency and lowering emissions from heating and cooling products – while demonstrably improving student and worker productivity, and to provide newer, more efficient energy storage products for renewable power and transportation applications.
The impact does not stop there – you see a trend to use nanotechnology in everyday materials and processes for things like clothing – allowing it to be more comfortable in a variety of climates - to uses in smartphone covers and components.
SNN: Can you provide an explanation of each Dais product and how they are addressing the global water and energy demand: ConsERV™, NanoAir™, NanoClear™ and NanoCap™?
TT: Dais’s use of the features inherent in its Aqualyte nanomaterial family is targeted to replace energy consuming and emission creating components found in today’s products. These features afford us the ability to enhance existing – or in some cases – create new products. This includes:
A. ConsERV™ Energy Recovery Ventilation (ERV) better manages, with no moving or energy consuming components, the moisture and temperature in ventilation air for existing heating, ventilating, and air-conditioning (HVAC) systems. Further, ConsERV offers:
- Ability to safely downsize the usual HVAC system components saving capital and operating expenses.
- No moving parts = high reliability, and no exhaust air transferring into the fresh air: each provides a wider base of industry use, and gives users more efficient and economic options than similar products offered today.
B. NanoClear™ is a revolutionary means of cleaning compromised water sources such as industrial wastewater, saltwater, brackish water, industrial waste, and grey water.
- Aqualyte™ is inherently fouling resistant and is able to handle extreme feed water contamination with minimal pre-filtering and without chemical pretreatment.
- Removes heavy metals, pharmaceutical compounds, phosphates, nitrates, etc.
- Functions well at high Total Dissolved Solids (TDS) levels, showing the potential for reclaiming > 90% of the contaminated water.
- Produces clean water up to 1,000 times cleaner than traditional technologies.
C. NanoAir™ addresses shortcomings with traditional air conditioners:
- Uses a new piece of hardware called an evaporative ‘chiller’ created using Aqualyte™, vacuum, and water to lose the “heat of evaporation “ in the water to produce chilling.
- Reduces energy use and CO₂ emissions up to 50% from today’s typical HVAC and Refrigeration (HVAC/R).
- Eliminates the use of fluorocarbon refrigerants that contribute to climate change.
- Allows for independent control of temperature and humidity for savings and comfort not possible with today’s HVAC systems.
D. NanoCap™ energy storage technology may one day exceed the capacities of today’s best energy storage alternatives, i.e. batteries and ultra-capacitors.
- High energy, power density accelerating the adoption of renewable energy sources dependent on sunlight or wind and enabling “smart grid” power transmission applications.
- High cell voltages allowing NanoCap™ to match the energy storage density of liquid fuels, for electric motors for transportation.
- Broad applications for faster charging, and extended run-times for key consumer electronics.
SNN: Does your technology work with seawater?
TT: Absolutely. Aqualyte™ and the NanoClear process operate differently than today’s other water cleaning technologies. Aqualyte ™ is a non-porous material whose surface is not fouled or damaged in the presence of high salt concentrations, and as such is a key differentiator of Aqualyte™. We’ve demonstrated the ability of Aqualyte™ to effectively clean wastewater from a local Pasco County, Florida waste water system, and up to 78 other contaminated sources including high and low pH effluent. While we have not seen a need to ‘re-activate’ Aqualyte™ after having been used for extensive periods in a large variety of contaminated water streams of time if such a need arises Aqualyte™ can be fully restored using a mild acid to reactivate the nanomaterial functionality. Working with seawater is not an issue.
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SNN: You recently went on a mission to China with the U.S. Department of Commerce. Can you talk about the importance of that trip for Dais?
TT: US technology is highly valued in Chinese society. Dais was fortunate to be one of 24 companies lauded as having leading edge, high technology useful to address China’s challenging environmental and energy issues. The benefits of the Trade Mission included:
- The ability to meet and introduce Dais’s technologies to the President of China and key Chinese Ministers charged with implementing long-term fixes for the vexing problems facing the Chinese people.
- Meeting and introducing, in great detail in some cases, Dais’s technologies to Chinese business leaders in the energy and water industries. Given support of the Chinese leadership Chinese business leaders are motivated to pursue newer technologies and establish business relationships with companies like Dais.
- Equally as important Dais was able to meet high-level executives from a wide range of US-based companies who can also benefit from the integration of Dais’s products into their existing distribution channels.
The full benefits of the Trade Mission are unfolding as the Dais team continues its follow-up activities with Chinese and US government officials, Chinese businesses, and US businesses who participated in the Trade Mission.
The energy and water challenges facing China are front and center and known worldwide. China’s leadership and businesses understand the magnitude of their challenges and are open to addressing them with the use of new technologies.
The benefit to Dais of participating in this Presidential “first of its kind “ dual lead Secretary of Commerce and Secretary of Energy Trade Mission is exposure to the highest level Chinese government policy and decision-makers motivated to make changes by employing the best technologies the US has to offer.
The key benefit of participation in this event will be Dais’s enhanced position to deploy product sooner based not only on our technology’s merits but also with the implied support of key Chinese government people and companies we met.
SNN: Who are the company’s current clients and competitors?
TT: Due to the diversity of applications for Aqualyte™ we have an equally diverse competitor base; everyone from the global giants (GE, Siemens, etc.) to smaller more focused companies like Renewaire and Holtop. That having been said, Aqualyte™ is unique in its approach to moving moisture. Making a ‘head to head’ comparison is difficult. We market ConsERV products in North America through our partner – Multistack, LLC - in Sparta, WI. Our sales in Asia are handled through our joint venture and our subsidiary - Dais Beijing. Through these partners we reach a wide variety of primarily commercial customers including hospitals, museums, shopping malls, schools and any other location where large numbers of people get together and require clean, fresh air even when the outside conditions are harsh.
SNN: What is your background?
TT: I have served as President and Chief Executive officer, and Chairman of the Board of the Dais Analytic Corporation (DLYT:OB) since 2000, and Chairman of Dais (Beijing) New Energy Technology Co., Ltd. since December 2014.
During my tenure, Tangredi has assembled a ‘core’ team of technical and business professionals who - having created /patented a family of ‘smart plastic’ materials, introduced its first two commercial products, successfully identified and executed business acquisitions, led fund raising efforts netting more than $22.4M in growth capital including $3.5 in US government funding, managed the process of listing Dais as a public company, recently orchestrated a $60 million purchase order as part of a $5.75M capital investment which also drove the creation of Dais (Beijing) New Energy Technology Co., Ltd, and is executing on the firm’s plans to market its air, energy efficiency and energy storage, and clean water applications in international markets.
I have been recognized leader in the nano-materials/sustainably field and has been an invited guest speaker at the WSJ 'e:CONOMICS' event, World Future Energy Summit in Abu Dhabi, and at Harvard University's Kennedy School of Government.
Prior to joining Dais, I earned my Bachelor of Business Administration degree in Finance from Siena College and his Masters of Business Administration from Rensselaer Polytechnic Institute, worked for ten years with AT&T, and owned and sold two privately held technology related businesses. I also hold three US Patents.
SNN: What does 2015 and beyond have in store for Dais?
TT: We believe 2015 and beyond will be a break-though years for Dais as we work to improve ConsERV’s performance and its distribution network. Our ConsERV™ systems have been in use for more than a decade in demanding environments like the rooftops in Florida, Minnesota, Beijing, and Shanghai showing their resilience while facing the harshest of weather conditions. We are totally focused on driving NanoClear™ clean water technology to commercialization from its current pilot/beta stage. We’ve had our pilot plant at the Pasco County Waste Water facility for 2 years, and it has demonstrated the reliability and robust nature of Aqualyte™ in this world-effecting application.
We’ve positioned ourselves for growth with strong partners in North America and China. Dais is working to set up wider distribution channels and launch our new products. 2015 and beyond are, indeed, going to be exciting times for Dais.
For more information about Dais Analytic Corp., go to: www.daisanalytic.com
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