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Braille Energy Systems Inc. Enters Into Product Certification Phase of Energy Storage System (ESS)
OTTAWA , ON / ACCESSWIRE / May 5, 2022 / Braille Energy Systems Inc. (formerly Mincom Cap...
About this update from Braille Energy Systems, Inc.
[{"type":"text","content":"Braille Energy Systems Inc. Enters Into Product Certification Phase of Energy Storage System (ESS)OTTAWA, ON / ACCESSWIRE / May 5, 2022 / Braille Energy Systems Inc. (formerly Mincom Capital Inc.) (TSXV:BES) (\"BESI\" or the \"Company\"), is pleased to announce that its initial suite of energy storage system (ESS) products is moving from the development phase into the commercialization stage.A key element of market launch is product certification to UL9540 standard; this commercialization step will commence in the coming weeks with an RFQ issued to several NRTL (Nationally Recognized Testing Laboratory) accredited agencies for the certification project for BESI ESS products.\"We are excited to be moving to the next phase of our product launch and plan to review NRTL agency proposals and open an approval file in May,\" said BESI's Chief Technology Officer, Ivan Gissing. \"This is a significant milestone in our program timeline and meshes with our plan to have revenue activities in early 2023.\"Gissing continued: \"The BESI ESS solution has been developed to address the growing back-up energy market, which will be rapidly transitioning to technologies provided by BESI products. We have approached our product development with a goal of creating solutions that are flexible and have low total cost of ownership for the user. Our product design also resolves installation issues faced by installers. Furthermore, the BESI solution has been designed with embedded technology that will address possible future grid restrictions around time of use (TOU) and rolling blackouts, as they increase in frequency and relevance in North America over the coming years.\"BESI President and CEO Lindsay Weatherdon added, \"As previously communicated, BESI is committed to bringing cost-effective, mission-critical energy storage solutions to the mass markets as infrastructure limitations and rising utility costs continue to dominate the news.\"About Braille Energy Systems Inc.Braille Energy Systems Inc. holds an 89.95% equity interest in Braille Holdings Inc., which holds a 100% equity interest in Braille Battery Inc. Braille Battery is an established battery-manufacturing and energy storage company supplying batteries to the professional motor sports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportati...