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First Tellurium Subsidiary PyroDelta Delivers Thermoelectric-enhanced Combustion Engine to U.S. Airboat Manufacturer
Thenewswireยท 2025-11-06 12:30
Core Insights - First Tellurium Corp's subsidiary, PyroDelta Energy Inc, has entered a new market for thermoelectric modules aimed at enhancing the range of high payload drones powered by combustion engines [1][2] - The company has made an initial sale to a Florida-based airboat manufacturer, which includes both the engine and the thermoelectric module [2] - The business model moving forward will focus on selling only the thermoelectric modules, with expectations of further sales in the airboat industry and beyond [2] Industry Overview - The global airboats market is valued at US$240 million for 2025, with a projected compound annual growth rate of 3.12% from 2025 to 2034 [3] - There is a growing demand for eco-friendly, lightweight, and high-performance airboats, particularly among tourism operators, leading to a 12% increase in the adoption of eco-friendly and hybrid models [3] - The industry is actively seeking to develop more efficient and environmentally friendly airboats, which aligns with the technological advancements offered by First Tellurium's modules [3][4] Company Strategy - The company aims to generate significant revenue through its unique business model, which includes mineral discovery, project development, and the development of tellurium-based technologies [5] - There is strong interest from various industries in the company's thermoelectric modules, indicating potential for diverse applications where waste heat and temperature differentials can be utilized for clean energy [4]