During the corresponding time, Taronis Technologies, Inc. recorded a revenue increase by 104.67 % year on year, sequentially revenue fell by -9.23 %. While revenue at the Taronis Technologies, Inc.'s corporate clients
Taronis Technologies's Comment on Sales, Marketing and Customers
We distribute products through several industrial gas companies in California,
Michigan, Florida, Georgia, Indiana, and Pennsylvania. In addition, we have direct
retail customers in Florida and New York.
International Expansion
The Company is working with several potential private and public partners in Europe,
Sierra Leone, Haiti, Trinidad, Mexico, South Africa, and others for various initiatives
surrounding the sale of MagneGas2® equipment and fuel for metal cutting and
cooking alternatives. Several grant applications have been submitted to support
these relationships and fuel demonstrations have been completed. The Company is
in various stages of negotiation with potential partners from these regions.
Navy
The U. S. Navy has been working with us to explore both the use of MagneGas2®
for metal working and the use of the Plasma Arc Flow® System for liquid waste
processing. The National Center for Manufacturing Sciences, a testing contractor
for the U. S. Navy, completed testing of MagneGas® as an environmentally-friendly
alternative for major metal cutting projects, particularly to reduce emissions
during the breakup and recycling of retiring vessels. The final written report
compared seven methods and gases for metal cutting to find the lowest opacity
and showed MagneGas® as one of the only two methods with positive results.
An independent laboratory tested MagneGas2® vs acetylene on 2 inch plate and
found that it cut 38% faster and consumed 30% less oxygen. A test conducted at
a Naval facility concluded that MagneGas2® cut 100% faster than acetylene.
Sources:
Taronis Technologies, Inc.’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Taronis Technologies, Inc.’s corporate clients.
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