Radiant Energy Corporation (RDEGF)
Radiant Energy Corporation operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Toronto, ON, CA. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $1,026. Its beta of 0.06 implies it has historically moved less than the broad market.
Radiant Energy Corporation, through its various divisions, specializes in creating and bringing to market aircraft de-icing solutions that leverage radiant energy, primarily serving the North American aviation sector (the United States and Canada). Their innovative thermal de-icing system harnesses either natural gas or propane to generate infrared radiant energy, effectively clearing aircraft surfaces of frost, snow, ice, and even excess water. Notably, this system stands out as a non-glycol alternative, holding the official approval of the U.S. Federal Aviation Administration (FAA) for use in ground-based, pre-flight aircraft de-icing operations. Beyond technology development, the company also offers direct de-icing services. Radiant Energy Corporation targets both commercial and military aviation clients with its de-icing systems, and furthermore, undertakes the contracted operation of these systems. Its corporate headquarters are located in Toronto, Canada.
Radiant Energy Corporation is most often compared with the following Industrials names: