Cipher Neutron, dynaCERT’s Partner, and FuelPositive Forge Strategic Partnership for Multiple AEM Electrolyser Technology Orders

dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT") partner, Canadian company Cipher Neutron Inc. (“Cipher Neutron” or “CN”), has received from FuelPositive Corporation (“Fuel Positive”) FuelPositive’s first purchase order for its unique Anion Exchange Membrane (AEM) Electrolyser Technology.

Cipher Neutron’s Green Hydrogen AEM Electrolysers and Reversible Fuel Cell technology can produce hydrogen without using any Platinum Group Metals (PGMs), including Platinum, Iridium and Ruthenium. This makes CN AEM Electrolysers one of the most affordable and sustainable solutions available commercially to produce high-volume and high-pressure Green Hydrogen. Cipher Neutron Reversible Fuel Cells technology can be operated bi-directionally to generate electricity from hydrogen and hydrogen from water. Cipher Neutron Reversible Fuel Cells offer a compelling alternative to conventional storage options like batteries, eliminating the need for frequent recharging and reducing long-term maintenance expenses.

Cipher Neutron’s commercial technology, now available worldwide, is attracting interest from both strategic investors and end-users of the most efficient electrolysers in multi-Megawatt and Gigawatt projects across the globe.

FuelPositive is manufacturing modular, containerized Green Ammonia production systems, with its first commercial system, the FP-300, capable of producing 100 tonnes of Green Ammonia on-site, per year.

FuelPositive has selected CN AEM Green Hydrogen Electrolyser Technology as one of the most innovative and sustainable Green Hydrogen solutions in the world today. Upon successful testing and benchmarking by FuelPositive, the Cipher Neutron AEM Technology will be used to make Green Hydrogen to produce Green Ammonia in their commercial systems.

A FuelPositive FP300 system can produce up to 300 Kilograms of Green Ammonia per day, which requires 30 Normal Cubic Meters (Nm3) of hydrogen produced by the AEM electrolyser stacks. FuelPositive plans to manufacture thirty (30) FP300 systems over the next 12 to 18 months. FuelPositive’s integration of Cipher Neutron’s electrolysers for thirty FP300 systems, would equate to 4.5 Megawatts of commercial deployment of AEM Electrolyser stacks.

Ian Clifford, FuelPositive’s Chief Executive Officer and Chair, stated, “We are very excited to work with Canadian Green Hydrogen innovator and manufacturer Cipher Neutron. FuelPositive is testing and benchmarking Green Hydrogen technologies worldwide for our systems. We were happily surprised to find out that one of the most promising and impressive Green Hydrogen technologies was here, right in our neighbourhood! Teaming up with Canadian technology companies and supporting the Canadian economy as we build our Green Ammonia solutions aligns with our mission as a Company. If everything works out as expected, we hope this is the first of many transactions with Cipher Neutron.”