DYA is spending a lot on hydrogen energy technologies which will have niche applications. DYA is looking at marine vessels, trains, and mining and forestry equipment. If there's a centralized system for fleet management, like a hydrogen-refuelling station for trains, then DYA will benefit. This is a risky company--hydrogen isn't proven yet and is rolling out only now. Give it 5-10 years for hydrogen-energy pilot projects to go through to see if hydrogen is the fuel that these companies choose.
They produce a system that allows for hydrogen injection for diesel engines. They dramatically reduce emissions and improves fuel economy. IF they are able to get the technology working it will be significant. There have been some concerns and are working on a second generation version by June. There are also opportunities in the refrigeration sections of truck transports.
Their product is attached to diesel engines to inject various gases to increase fuel economy and reduce emissions. They announced a deal in India, where buses are looking at adopting the technology. The potential for 2000-4000 bus conversions is possible.
He doesn't buy penny stocks. These stocks have concentrated audiences with few participants. Any news could drive this up. Much more vulnerable to trade this. It's been basing lately though.
It is about diesel engine efficiencies. They have big opportunities short term. China and India would be specifically concerned about air pollution. He could see the stock doing quite well.
The company uses hydrogen for injection to diesel engines. They announced a recent trial in India. He is waiting to see the results over the next few weeks. Their system records CO2 emission savings which is beneficial.
India prospects? It has devices that generate hydrogen that can be added to diesel engines to increase fuel economy and reduce emissions. They are working on pilot projects in India.
Interesting technology, but not investible right now. A gadget that installs on commercial vehicles to reduce emissions and increase fuel efficiency. "A science project" for 17 years of R&D. Losing money, negligible revenue, diluting shares, burning cash. He prefers more established companies. One to watch down the road.
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