SMTI Announces Next Round Of Investment

Posted Posted in Business News

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, […]

SMTI Delivers first Prototype to Canada for Tests

Posted Posted in Business News

The Canadian government is keen to closely examine SMTI’s gas furnace heat pump technology for use in residential heating, and other applications.  Based on analysis and stakeholder feedback developed by Natural Resources Canada (NRCan), the government is nearing a nation-wide mandate for all heating to be done with heat pumps by 2035.  SMTI’s technology represents […]