Surna Inc. (OTC: SRNA), developer, acquirer, producer, and seller of disruptive technology targeting the legal marijuana industry, recently announced that it has filed a provisional patent application covering enhancements to its proprietary Airstream curved reflectors used in grow lights. The patent covers three of the 14 pieces of intellectual property gained through the firm’s March 28th acquisition.
“At commercial scale, we believe Airstream technology will prove disruptive,” said Surna Chairman and CEO Tom Bollich. “It is designed to enable users to realize a significant increase in yield due to its more efficient light reflective properties. Conversely, it may be used with lower power bulbs to achieve the same production numbers while reducing power consumption as much as 30 percent.”
On March 28, 2014, the company announced the acquisition of Safari Resource Group Inc. and the appointment Tom Bollich as its Chairman and CEO. Mr. Bollich is a visionary technologist that co-founded San Francisco-based gaming company Zynga Inc. (NASDAQ: ZNGA). As a part of the acquisition, the firm acquired the patented Airstream technology targeting the growing cannabis industry.
Airstream is a highly efficient chilled water climate control system that combines the benefits of other HVAC and chiller systems, including rooftop units, split systems, and other chillers. The modular and expandable design adds cooling and heating when needed with complete redundancy, while central cooling tanks act like a cooling battery with humidity controls separate from the air conditioning.
The market for HVAC and chiller systems has been rapidly growing in Colorado following the recreational legalization of marijuana. Strong cannabis sales has led to a shortage of growing operations and warehouses to store the goods. In March, experts found that Denver’s industrial vacancy rate was just 3.1%, making it abnormally low compared to many other metro areas.
Shares of Surna Inc. jumped more than 11% in early trading following the news and are trading up more than 1,800% over the past three months.
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