Pasco commissioners on Tuesday awarded $254,500 to an Odessa firm developing a product that could make heating and air-conditioning systems run cleaner and more efficiently. Dais Analytic Corp. will use most of that money ($171,500) as its match for a $681,322 federal grant it received recently to speed up the commercialization of its heating, cooling and refrigeration products known as "NanoAir." The rest ($83,000) will go toward the development of a specialized compressor unit that is critical to that product hitting the market.
Dais has pledged 2 percent royalties to the county on future sales of the compressor, a commitment that would expire in five years or earlier if the payment to Pasco hits $1 million. Dais estimates it would create 32 higher-paying jobs within three years of the project being successful, though the county funding is not contingent on that projection. County officials say Dais is a company with huge potential. Last year, the firm announced a deal to sell its air filtration system to China, a deal it said would bring 1,000 jobs to Pasco over the next five years. Dais Analytic has developed proprietary technology that allows water molecules to pass through a specially formulated membrane. Its applications are extensive in water purification, dehumidification, desalination and similar processes.
http://www.tampabay.com/news/localgovernment/pasco-money-will-help-fund-air-conditioning-research/1141296
No comments:
Post a Comment