07:51 AM EDT, 04/01/2025 (MT Newswires) -- dynaCERT (DYA.TO) earlier on Tuesday welcomed the launch of an increased budget of $30 million for the Ontario Government Hydrogen Innovation Fund (HIF) with eligibility broadened to include broader sector applications.

dynaCERT Chief Executive Jim Payne stated, "This kind of targeted support would help companies like dynaCERT scale innovation, grow domestic manufacturing, and create good-paying jobs. By backing hydrogen, the Ontario government is not only supporting clean energy solutions but also making an initial step to advance Ontario as a global leader in the next generation of industrial technology."

Shares of the company closed up 2.9% to $0.175 on Monday on the Toronto Stock Exchange.