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QuestAir is an emerging developer and supplier of advanced gas purification systems. Our products, which incorporate our patented rapid-cycle Pressure Swing Adsorption ("PSA") technology, offer significant improvements over 'conventional' PSA due to their compact size, modularity and scalability.
Our customers in the industrial gas, oil refining and chemical processing industries use our products for applications including hydrogen purification, hydrogen recovery, methane recovery from biogas, and helium purification. Over the longer term, we are targeting emerging energy markets, such as retail service stations which will provide hydrogen fuel for fuel cell powered vehicles, and on-board hydrogen generation systems for fuel cell powered vehicles.
We currently sell a range of smaller-capacity PSA systems based on our first generation PSA technology. To date, we have sold more than 90 of these systems to customers located in North America, Asia and Europe, including Hydrogenics Inc., Chevron Technology Ventures Inc., Haldor Topsoe, Degussa, Iwatani International Corporation and Mitsubishi Kakoki Kaisha.
QuestAir is also developing a number of products based upon our advanced second generation PSA technology. We have a joint development agreement with ExxonMobil Research and Engineering to develop large capacity hydrogen PSA for use in a range of applications in the oil refining and petrochemical industries.
QuestAir currently has approximately 75 employees, and is based in Vancouver, Canada. Our shares trade on the AIM Market of the London Stock Exchange Plc. and on the Toronto Stock Exchange under the symbol "QAR". |
