LAVERNIA, Texas — PowerCold Corporation has announced the signing of a joint development agreement and license agreement with E.I. du Pont de Nemours and Company for DuPont Caltrel® Fluid Energy Transfer System applications.
DuPont and PowerCold plan to cooperate in the final development of commercial Caltrel Fluid Energy Transfer Systems so that PowerCold can market HVAC products containing the systems worldwide. DuPont will provide technical assistance and participate in this joint development work. DuPont and PowerCold will commence final development of products under the agreement and anticipate that improvements to the technology will be made during this final phase.