EnerDynamic Muscles Higher on Hookup with Korea Firm

EnerDynamic Muscles Higher on Hookup with Korea Firm

By: Tomas Ronolski - AllPennyStocks.com News

Monday, March 23, 2020

There are places to find pockets of good news even amongst all the stories of doom and gloom, as COVID-19 continues to ravage all corners of the world. 

Niagara Falls, Ont.-based EnerDynamic Hybrid Technologies Corp. (TSX-Venture:EHT) announced an update on its partnership with Korea-based Axia Materials. 

AXIA has partnered with a group of prominent Korean companies to form a company called Dymaxon Inc. to design Rapid Deployable Modular Hospital Units for COVID - 19 patients in the name of "Model-H". These hospital units will be available in various sizes with the flexibility of different degrees of care for each module (please see attached sample layout).

DYMAXON'S Model-H units will have isolation rooms, negative pressure rooms and all required support systems for acute hospital care. What’s more, each Model-H will be designed to be relocatable or reusable for other applications such as affordable housing, hotels and schools when the COVID-19 crisis is over.

Shares in EnerDynamic gained half a cent, or 20%, to three cents, on volume of 79,000.

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