Nanalysis Scientific (NSCI) 17th Annual LD Micro Main Event Conference summary

Market trends and challenges

• Rising carbon taxes and grid limitations are driving demand for alternative heating solutions in North America and Europe.

• Electrification and renewable energy adoption are straining existing infrastructure, especially during peak demand.

• High costs and social concerns limit lithium battery adoption for energy storage.

• Significant new home construction deficits and heating needs persist across most regions.

• The total addressable market for heating solutions in the U.S. is estimated at $82 billion annually.

Product innovation and technology

• The patented thermal battery stores electricity as heat, eliminating conversion losses and offering high efficiency.

• Designed to fit standard home spaces, the unit uses steel and silica sand, with a footprint similar to a water tank.

• No moving parts; integrates with existing HVAC systems and provides constant air temperature.

• Operates off-grid with solar panels, requiring minimal sunlight for continuous heat.

• Control panel is smartphone compatible and optimizes charging based on electricity rates.

Business model and commercialization

• Product targets both new construction and furnace replacement markets, reducing installation costs by $10,000 for new homes.

• Retail price is CAD 5,000, with a current bill of materials around CAD 750.

• Manufacturing is outsourced near Toronto, with plans to scale as demand grows.

• Distribution will leverage existing HVAC networks; discussions underway with major suppliers.

• Each unit generates carbon credits, supporting applications for green energy and employment grants.