Zentric Inc. Company Profile

Background

Overview

Zentric Inc., established in 2008 and headquartered in Mississauga, Ontario, is a technology company specializing in advanced battery technology development, manufacturing, and fuel cell storage systems. The company is publicly traded under the ticker symbol ZNTR. Zentric's mission is to contribute to environmental sustainability by developing superior hybrid and electric vehicle batteries through proprietary technology. Their vision is to meet the growing market demand with more powerful and affordable battery solutions.

Mission and Vision

Mission: To improve people's lives by supporting clients in achieving their projects with innovative, original, and high-performance solutions, from initial design to completion and support.

Vision: To assert its positioning as a company focused on customer experience, providing customized, powerful, and innovative solutions in America and Europe.

Industry Significance

Zentric operates in the renewable energy sector, focusing on advanced battery technologies for hybrid and electric vehicles. The company aims to address the increasing global demand for sustainable transportation solutions by providing high-density energy batteries that offer superior performance compared to traditional lead-acid batteries.

Key Strategic Focus

Core Objectives

Develop and commercialize advanced battery technologies for hybrid and electric vehicles.

Expand market presence in North America and Europe.

Enhance environmental sustainability through innovative energy solutions.

Areas of Specialization

Advanced battery technology development.

Fuel cell storage systems.

Renewable energy initiatives.

Key Technologies Utilized

High-Density Energy Batteries (HVDE).

Proprietary battery designs with increased power density.

Primary Markets Targeted

Hybrid and electric vehicle manufacturers.

Automotive industry stakeholders seeking sustainable energy solutions.

Financials and Funding

Funding History

Zentric Inc. is publicly traded under the ticker symbol ZNTR. Specific details regarding total funds raised and recent funding rounds are not publicly disclosed. The company has established a wholly-owned subsidiary in Hong Kong to facilitate growth opportunities in China.

Notable Investors

Information about individual investors is not publicly available.

Utilization of Capital

The capital raised is intended to support the development and commercialization of advanced battery technologies, expansion into new markets, and the establishment of strategic partnerships to enhance product offerings.

Pipeline Development

Key Pipeline Candidates

High-Density Energy Batteries (HVDE) designed to deliver 240% increase in power density compared to traditional lead-acid batteries.

Stages of Development

Ongoing research and development to refine battery technology.

Preparation for commercialization and market introduction.

Target Conditions

Hybrid and electric vehicle applications requiring high-performance, sustainable energy solutions.

Anticipated Milestones

Completion of product development phases.

Initiation of manufacturing processes.

Market launch and distribution.

Technological Platform and Innovation

Proprietary Technologies

High-Density Energy Batteries (HVDE) with increased power density.

Significant Scientific Methods

Advanced battery design and manufacturing techniques.

Integration of fuel cell storage systems.

Leadership Team

Executive Profiles

William Tien: President of Zentric Inc.

Oversees strategic direction and operations.

Jeff Mak: CEO of Zentric Inc.

Leads the company's growth initiatives and partnerships.

Competitor Profile

Market Insights and Dynamics

The market for advanced battery technologies is experiencing significant growth due to the increasing adoption of hybrid and electric vehicles. Companies are focusing on developing batteries with higher energy density, faster charging times, and longer lifespans to meet consumer and industry demands.

Competitor Analysis

Sensis: A marketing services company competing in the same industry.

Strategic Collaborations and Partnerships

Zentric has established a wholly-owned subsidiary in Hong Kong to facilitate growth opportunities in China, positioning the company to leverage the expanding market for electric vehicles in the region.

Operational Insights

Zentric's focus on advanced battery technology positions it to capitalize on the growing demand for sustainable energy solutions in the automotive industry. The establishment of a subsidiary in Hong Kong indicates a strategic move to access the Asian market, particularly China, which is a significant player in the electric vehicle sector.

Strategic Opportunities and Future Directions