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Calgary climate technology company is accelerating development of the first made-in-Canada magnesium cement materials

ZS2 Technologies, a leader in decarbonizing the construction industry, announces $1.82 million in funding from Next Generation Manufacturing Canada (NGen) to accelerate the development of low carbon, made-in-Canada, magnesium cement building materials.

The funding from NGen will support the construction of a magnesium cement product manufacturing facility with the goal of ultimately producing carbon-negative building materials to decarbonize the construction industry in Canada and around the world.

The funding comes as part of a combined $2.76 million to ZS2 and their strategic research and development partners Progressive Planet (TSXV: PLAN), LithiumBank Resources Corp. (TSXV: LBNK), Occam’s Technologies Inc., and Falkbuilt Ltd. under the Advanced Manufacturing Projects program.

“Our government is working hard to ensure that Canadians have access to a safe and affordable place to call home. Innovative projects like this, that create sustainable, affordable and durable building materials, take us one step closer to achieving that goal. We will continue to be there to make life more affordable for Canadians, like on housing,” says The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry.

Currently, ZS2 Technologies uses proprietary magnesium cement technology for cement sheathing and prefabricated building panels that provide rapid construction timelines, climate resistant buildings, and lower embodied and operational carbon footprints for buildings across North America.

“Canada, and indeed the world, need more climate resilient homes, and they’re needed fast. We’re excited to take this next big step forward with NGen and our R&D partners to provide the materials the world needs that are designed for the climate of the future,” says Scott Jenkins, Co-Founder and CEO at ZS2. “The future of housing is sustainable and rapid construction that is both affordable to build and affordable to live.”

About ZS2 Technologies

ZS2 Technologies Ltd. develops and manufactures proprietary advanced building technologies including proprietary fire-rated, non-toxic, low-carbon cementitious building materials and prefabricated structural panels. ZS2 delivers high performance building solutions for the residential, commercial, industrial, agriculture, healthcare and assisted living industries in Canada and the United States both directly and through a growing network of TechPartners (distribution partners).

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION

Certain statements in this news release are “forward-looking statements”, which reflect current ‎‎‎expectations of the ‎management of ZS2 regarding future events or ZS2’s ‎‎‎future performance. All statements other than ‎statements of historical fact contained in this news ‎‎‎release may be forward-looking statements. Such forward-looking ‎‎statements involve known and ‎‎unknown risks, uncertainties and other factors that may cause ‎actual results or ‎events to differ ‎‎materially from those anticipated in the forward-looking ‎statements. ZS2 believes ‎that ‎the ‎expectations reflected in such forward-looking ‎statements are reasonable, but no ‎assurance ‎can be given that these ‎expectations will prove to ‎be correct and such forward-‎looking ‎statements should not be unduly relied upon. The ‎forward-‎looking statements are ‎expressly ‎qualified in their entirety by this cautionary statement. The ‎forward-‎looking statements ‎are made ‎as of the date of this news release and ZS2 ‎assumes no obligation to ‎update or ‎‎revise them to reflect new events or circumstances, except ‎as expressly required by ‎applicable ‎securities law. ‎

Media Contact

Matt Stuart
ZS2 Technologies
403.975.4040
[email protected]

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