Dais Corporation (Dais) is a proprietary, nanotechnology polymer materials company. The company builds features and properties into its platform of nanomaterial sold under the brand name Aqualtye.
Aqualyte is used to enable new product variants, which uses energy consuming and break-able components. Aqualyte itself, is marketed to OEMs to create differentiated products, while the second product is a fixed plate energy recovery ventilator called ConsERV, which is useful in meeting building indo...
Dais Corporation (Dais) is a proprietary, nanotechnology polymer materials company. The company builds features and properties into its platform of nanomaterial sold under the brand name Aqualtye.
Aqualyte is used to enable new product variants, which uses energy consuming and break-able components. Aqualyte itself, is marketed to OEMs to create differentiated products, while the second product is a fixed plate energy recovery ventilator called ConsERV, which is useful in meeting building indoor fresh air requirements while saving energy and lowering emissions for most forms of heating, ventilation, and air conditioning (HVAC) equipment. The company continues to develop other nano-structured polymer technology applications in HVAC/Refrigeration, energy, food services and wastewater treatment industries.
Technology
The company uses proprietary nanotechnology to reformulate thermoplastic polymers. Nanotechnology involves studying and working with matter on an ultra-small scale. Polymers are chain-like plastic molecules used in diverse products, such as Dacron, Teflon, and polyurethane. A thermoplastic is a plastic (deformable) polymer material that melts to a liquid when heated and solidifies when cooled and is able to transition repeatedly between these states. The company’s reformulated polymers have properties that allow them to be used in unique ways, and it calls the resulting material Aqualyte™.
Products
The company uses its knowledge of the Aqualyte nanomaterial to integrate it into traditional or new product form factors. It is management’s belief based on 3rd party industry or independent test results, the company’s own testing, or data from customer use that the resulting product’s features and benefits address the growing market needs resulting from, but not limited to, the drivers of climate change as well as those needs created by the pandemic.
Nanomaterial Platform – Aqualyte
The Aqualyte Nanomaterial is made from commercially available polymer resin and industrial grade solvents which are mixed using a proprietary process with traditional industrial equipment. The company’s process creates a modified resin with key features and attributes that can be used to offer different properties to multiple products.
The company sells Aqualyte to skilled OEMs using its features and properties to create new and/or improved products in a range of applications. The company continues to develop next generation versions of its Aqualyte nanomaterial working to increase existing feature performance, add new features, and improving its cost.
ConsERV
The company continues to expand sales channels to drive growth of revenues of its ConsERV product. ConsERV is an HVAC energy conservation product which should, according to various tests, save energy and operating costs on HVAC equipment, lower CO2 emissions and allow HVAC systems to be 20% - 67% smaller, reducing peak energy usage while simultaneously improving indoor air quality. This product makes most forms of HVAC systems operate more efficiently. ConsERV generally works in combination with existing HVAC systems, to provide improved ventilation air in a building. ConsERV uses a fixed-plate enthalpy exchanger (the core) constructed with its nanotechnology polymer.
The company began actively rolling out an updated ConsERV product line in 4Q, 2021. The updated line addresses market requested updates and features.
The sales channels for ConsERV continue to expand across North America and include private labeling efforts. The company has and continues to negotiate arrangements with independent sales/engineering representatives in multiple regions across North America who in turn target architect and specifying engineers, select OEMs, utility sponsored programs, and sophisticated users of HVAC equipment.
The company continues to have targeted discussions with identified companies in the European Union interested in buying and distributing both Aqualyte nanomaterial for use in their ERV cores, as well as selling Dais produced ConsERV cores. To help it expand the company’s capabilities in the reported high growth HVAC markets in Southeast Asia, Dais qualified a Chinese manufacturing company to produce ConsERV cores using Aqualyte membrane to meet the growing demand for ConsERV systems in the Region.
The company expects this trend of growing ConsERV system, core, and Aqualyte nanomaterial revenues to continue into 2022 and beyond. Dais continues to respond to market interest by developing additional products that use it nanotechnology to save energy, provide clean water, protect health, and generally promote a more sustainable future.
Strategic Partnerships
In the quarter ending September 30, 2018, Dais entered into a strategic development and licensing agreement with the Haier Group, located in Qingdao, China. This innovative work is based around the company’s Aqualyte nanomaterial potentially enhancing the performance of several Haier products. The efforts are set to run through the end of 2022 and have been heavily affected by the Pandemic. If Haier was to integrate the technology into their product(s) and associated sales channels, management feels such a move could have a significant revenue impact for Dais.
Patents
Dais has owned 25 granted patents over its corporate history, some of which have reached the end of their enforceable term. As of December 31, 2021, Dais owned the active, enforceable rights to eleven U.S. patents, four Chinese patents, two Hong Kong patents, and three Patent Cooperation Treaty (PCT) applications that are still being examined. These patents relate to, or are applications of, its nano-structured polymer materials that perform functions such as ion exchange and modification of surface properties.
The company also owns multiple utility patents that cover inventions that are new, improvements and useful processes including the design and fabrication of devices or approaches that use properties of the polymers described above for HVAC, energy, food preservation and water treatment applications. Dais owns the rights to a new US Patent issued in 2021:
U.S. Patent No. 10,907,867 – Evaporative chilling systems and methods using a selective transfer membrane. This patent was issued February 2, 2021 and the patent term ends on or about November 18, 2036.
C.N. Patent No. 108,430,606B – Evaporative chilling systems and methods using a selective transfer membrane. This patent was issued November 2, 2021 and the patent term ends on or about October 7, 2036.
Dais has been notified that vatious Application will be granted full US patent status in 2022, including US20200330923A1–Vapor condenser enhanced by membrane evaporation
OEM Customers, and Suppliers
Using the properties and features of its Aqualyte nanomaterial the company has proven results in a variety of cross industry markets. We look to provide Original Equipment Manufacturers (OEMs) with Aqualyte membrane. Then sharing how to use the options and features found in Aqualyte, to find the OEM able to offer better or even new products in consumer, commercial, and industrial.
Research and Development
The company’s research and development expenses included $89,617 for the year ended December 31, 2021.
Sales and Marketing Strategies
The company has secured and continue to discuss relationships with leading industry HVAC manufacturers, HVAC product distributors, energy service companies, and ERV manufacturers outside of North and South America. In addition, l ;a h re discussing relationships for use of its ConsERV products in other applications outside of energy recovery ventilation world-wide.
The company focuses on creating alliances with companies having strong, existing channel presence or expertise in the target industries, notably for ConsERV and Aqualyte OEM uses. The company is sing the data and experience of past sales in a variety of markets, adding newer features and functions, working to increase revenues. We intend to bring industry seasoned talent into the company at the appropriate time to further drive market development, revenue growth and guide future product feature improvement needs.
Competition
ConsERV: The company’s competitors include Semco, Greenheck, Venmar, Bry-Air, Fuwei, Ltd, CORE Energy Recovery Solutions, Renewaire, Holtop, Hoval, Klingenberg, Solar Palau, Kraton, Daikin and AirXchange.
History
The company was founded in 1993. The company was incorporated as a New York corporation in 1993. It was formerly known as Dais Corporation and changed its name to Dais Analytic Corporation in 1999. Further, the company changed its name to Dais Corporation in 2019.
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.
