Business News

SMTI Announces Next Round Of Investment

Stone Mountain Technologies, Inc. (SMTI) is pleased to announce that Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB), a leading North American energy infrastructure company, has invested CAN $4,000,000 in the late stage start up. The funding provides key support for SMTI’s final steps towards the market release of its Thermally Driven Heat Pump (TDHP) technology, currently slated for 2022. Enbridge joins two other strategic investors supporting SMTI.

 

Please click Press Release SMTI-Enbridge-Investment 29July2021 for full press release.