- Kontrol Energy is a leader in the energy efficiency sector
- The company recently released its innovative SmartMax Energy Gateway
- Kontrol is entering the cannabis sector as an energy services supplier
Based in Vaughan, Ontario, Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) delivers integrated smart energy technologies to blue-chip clientele in the United States and Canada. The company is a leader in the energy efficiency sector via IoT (Internet of Things), cloud and SaaS (Software as a Service) technology. Kontrol performs retrofits of existing buildings to upgrade the energy performance of commercial building assets for their ongoing life. Established in 2015, Kontrol Energy was ranked by Canadian Business and Maclean’s as the seventh-fastest-growing start-up in 2018 (http://ibn.fm/khPbS).
The company provides organizational customers with market-based energy solutions designed to lessen their overall cost of energy. This is done while also providing a corresponding decrease in greenhouse gas (GHG) emissions (http://ibn.fm/m9lj0). The benefits to Kontrol’s customers include a high ROI (return on investment) of 30 percent or more in efficiency measures, with immediate energy savings in the range of 25-30 percent. Customer benefits also include access to real-time energy data, as well as measurement and optimization of key analytics (http://ibn.fm/brgvv).
In 2018, Kontrol Energy entered the North American cannabis market as a supplier of energy services. The company has already inked contracts with licensed producers (LPs) in the cannabis sector to provide energy-efficiency assistance and emission-compliance solutions. Kontrol is centered on assisting cannabis growers to reduce the cost of energy while supporting mission-critical infrastructures.
The company foresees 5-10 percent growth in top-line revenue over the next year via cannabis infrastructure solutions (http://ibn.fm/ao2wI). The cannabis sector is seeing an increasing demand for emission and odor compliance, along with new regulations. Quick to see and fill customer needs, Kontrol is expanding its odor and emission solutions for the cannabis sector. Kontrol and its operating subsidiary, ORTECH Consulting, have more than 40 years of experience in dealing with emissions and odors in numerous industry sectors across Canada (http://ibn.fm/a6FOR).
Recently, Kontrol Energy entered the worldwide market with the launch of the SmartMax Energy Gateway (http://ibn.fm/tskIn). An intelligent energy technology, SmartMax connects with and speaks to building automation systems and HVAC (heating, ventilation and air conditioning) equipment. SmartMax then immediately and securely exports data to Kontrol Energy’s cloud-based energy-management software platform.
SmartMax features quick installation and interoperability across building automation systems and HVAC equipment, providing instant visibility into energy demand and use. “Through SmartMax we are vastly extending our reach to provide a one-click technology that brings the benefits of data and analytics to building owners, asset managers and property managers on a global scale,” Kontrol Energy VP of building performance Forbes Silverthorne stated in a news release.
Kontrol Energy has entered into an agreement with Toyota Tsusho Canada Inc. to provide technological solutions and services to original equipment manufacturer (OEM) clients operating in the automotive sector (http://ibn.fm/jh5Pb). The focus is on assisting OEMs in gaining the greatest efficiency from their production and managing energy use in real-time by integrating digitization and data analysis, as well as machine learning.
Kontrol Energy remains focused on its mission to help organizations benefit from energy cost savings while minimizing GHG emissions. With a disciplined mergers-and-acquisition strategy combined with organic growth and its cannabis-sector initiatives, Kontrol offers multiple avenues for potential investor returns. On track to become cash flow positive in the first half of this year, the company continues to execute on its vision of creating a sustainable future for all.
For more information, visit the company’s website at www.KontrolEnergy.com
NOTE TO INVESTORS: The latest news and updates relating to KNRLF are available in the company’s newsroom at http://ibn.fm/KNRLF
