Quantum's patented technology
absorbsheat from ambient air, which is then compressed and transferred to stored water.
It requires only minimal electricity, and it works in temperatures from minus 10°C, without the need for boosting.
Solar hot water heaters rely on incidental sunshine; Quantum tech does not need sunshine to operate, nor does it need large roof panels.
http://quantumenergy.com.au/products/heat-pump-vs-electric-solar-gas/
- Market cap $14 million
- Annual revenue $33 million
- Cash $5.5 million
- Net assets $29 million
- NPAT circa $1 million per annum
QTM also owns and operates a growing medical device business, Quantum Healthcare, which has penetrated the Asian market in
collaboration with Samsung.www.qhealthcare.com.au/ultrasounds/Quantum Health services the Medical Imaging, Women's Health and Oncology Equipment sectors in Asia.
QTM is expecting continued expansion within its Health Group, and is seeking additional acquisition and partnership opportunities.
