financetom
Business
financetom
/
Business
/
Aegis Critical Energy Defence, McMaster University Launch C$3.7 Million Energy Storage Research, Commercialization Initiative
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Aegis Critical Energy Defence, McMaster University Launch C$3.7 Million Energy Storage Research, Commercialization Initiative
Jul 8, 2026 5:05 AM

07:37 AM EDT, 07/08/2026 (MT Newswires) -- Aegis Critical Energy Defence ( QESSF ) launched a research and commercialization initiative with McMaster University called the "High C-Rate Fast-Transient Energy Storage System" (HCFT-ESS) platform, it said in a statement on Wednesday.

The company expects the platform to establish a new generation of "high-performance" energy storage technologies for critical infrastructure applications. The initiative includes a four-year research and development program valued at about C$3.71 million, it said.

Phase one of the initial commercialization roadmap includes the development of AI Data Centres, expected within one year and phase two involves the expansion of the HCFT-ESS platform into high-power applications, expected within one to two years.

Phase three involves the expansion of the platform into hybrid energy systems integrating Small Modular Reactors (SMRs), Micro Modular Reactors (MMRs), renewable generation, and advanced battery energy storage for remote communities, defence installations, utilities, and mission-critical infrastructure, the company said.

"By combining proven premium European automotive battery technology with proprietary innovation in battery management, thermal management, intelligent controls, and system integration, we are creating a scalable technology platform designed to support multiple commercial products across AI infrastructure, ports, and advanced hybrid energy systems," said Aegis Critical Energy Defence ( QESSF ) CEO Ramtin Rasoulinezhad.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Australia's Insignia Financial says Bain Capital pulls buyout bid, in talks with CC Capital
Australia's Insignia Financial says Bain Capital pulls buyout bid, in talks with CC Capital
May 26, 2025
(Reuters) - Australia's Insignia Financial ( IOOFF ) said on Wednesday that Bain Capital has pulled its buyout offer due to volatile financial markets, but the money manager added it was still in talks with another suitor, investment manager CC Capital. Private equity firm Bain's proposal valued Insignia at A$3.34 billion ($2.2 billion), the same as CC Capital's raised bid...
Hewlett Packard to Build Architecture for South Korea Supercomputer
Hewlett Packard to Build Architecture for South Korea Supercomputer
May 26, 2025
04:22 AM EDT, 05/14/2025 (MT Newswires) -- Hewlett Packard Enterprise ( HPE ) said late Tuesday that the Korea Institute of Science and Technology Information has selected the company to build a computing architecture for South Korea's sixth-generation national supercomputer. The KISTI-6 supercomputer will be built on the HPE Cray Supercomputing EX4000 system with two partitions, with one featuring Nvidia...
Edison takes delivery of first US LNG cargo from Venture Global
Edison takes delivery of first US LNG cargo from Venture Global
May 26, 2025
ROME, May 14 (Reuters) - Italian energy group Edison said on Wednesday it received the first cargo of liquefied natural gas (LNG) from U.S. firm Venture Global ( VG ) , adding it would continue litigation over delays in its delivery. A cargo of 165,000 cubic metres of LNG from Venture Global's ( VG ) Calcasieu Pass export facility in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved