FCL-X Fire & Safety Inc. (FCLX:TSXV)
FCL-X has delivered strong performance in rigorous independent testing, extinguishing LIB fires much faster than its peers while using considerably less solution and is environmentally safe.
FCL is rapidly building a robust, multi-channel sales network for FCL-X, including fire departments, EV and battery manufacturers, energy storage systems, airlines, ocean shipping, and retail, amongst others.
LIB fires are becoming more prevalent due to the global proliferation of LIBs, where demand is expected to 3-5x over the next decade.
FCL is backed by proven leadership with experience in fire safety and lithium chemistry. FCLI is led by Carlos Vicens and Paul Fornazzari, who previously built Neo Lithium and sold it to Zijin Mining for C$960M.
Investment Summary
FCL-X Fire & Safety Inc. is a U.S.-based fire and safety technology company focused on protecting people, property, and critical infrastructure from the growing risks associated with lithium-ion battery fires. The Company's proprietary FCL-X™ technology is a water-based lithium-ion battery fire extinguishing agent designed for applications spanning electric vehicles, industrial facilities, energy storage systems, first responders, transportation, waste management, and other battery-intensive environments.
Company Description
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