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dynaCERT Acquires 15% Ownership of Cipher Neutron to Expand in Green Hydrogen Market

PRIVATEJun 11, 2024

Acquiring Company

dynaCERT

Acquired Company

Cipher Neutron

TorontoTorontoEnergyEnergyOil And GasRenewable Energy

Description

dynaCERT Inc. has acquired an initial 15% ownership in Cipher Neutron Inc., a leader in the AEM electrolysis business. This strategic move strengthens dynaCERT's position in the green hydrogen market and aligns with its vision of leveraging high-potential growth businesses to enhance shareholder value.

Quick answer

dynaCERT is acquiring Cipher Neutron, announced June 11, 2024. dynaCERT is based in Toronto, Ontario, Canada.

How much did dynaCERT pay for Cipher Neutron?
The deal value was not disclosed.
What does dynaCERT do?
dynaCERT Inc. is a Canadian cleantech company based in Toronto that develops technologies to reduce CO₂ emissions from internal combustion engines, supported by significant R&D investments and in-house production..
Where are dynaCERT and Cipher Neutron based?
dynaCERT is based in Toronto, Ontario, Canada. Cipher Neutron is based in Toronto, Ontario, Canada.
Who are the decision-makers at dynaCERT?
Fundz holds 1 contact at dynaCERT. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

dynaCERT

Location

Toronto, Ontario, Canada

About

dynaCERT Inc. is a Canadian cleantech company based in Toronto that develops technologies to reduce CO₂ emissions from internal combustion engines, supported by significant R&D investments and in-house production capacity of up to 36,000 HydraGEN™ units per year. Alongside its hardware, the company offers HydraLytica™, a cloud platform that captures real-time data to support the monetization of CO₂ savings, and its Verra-certified methodology positions it to participate in global carbon credit markets in the future.

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Frequently asked

Who acquired Cipher Neutron?

Cipher Neutron was acquired by dynaCERT, based in Toronto. The deal was reported on June 11, 2024. dynaCERT Inc. dynaCERT is privately held and operates in Energy.

When did dynaCERT acquire Cipher Neutron?

dynaCERT's acquisition of Cipher Neutron was reported on June 11, 2024. dynaCERT Inc. has acquired an initial 15% ownership in Cipher Neutron Inc., a leader in the AEM electrolysis business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cipher Neutron do?

Cipher Neutron Inc. is a Canadian company focused on developing Rhenium-Based Anion Exchange Membrane (AEM) Electrolyser Technology for the production of Green Hydrogen. It is privately held, operating in Energy, and is based in Toronto.

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