Investor Relations

Early-Stage Capital for a Proven Industrial Problem

NISO Energy is developing a waste heat recovery system for heavy industry. We are raising pre-commercial capital to fund our first pilot deployment.

Pre-Commercial StageCapital-Efficient ModelIndustrial DecarbonisationCanadian Deep-Tech

Investment Thesis

Industrial waste heat is a persistent, underused energy resource across energy-intensive manufacturing. Steel, cement, glass, chemicals and other industrial processes continuously release heat that is often difficult to recover economically at distributed or constrained locations. NISO Energy is developing modular thermoelectric systems to convert suitable waste heat into useful on-site electricity.

Large, durable opportunity

Waste heat is inherent to many industrial processes. NISO is targeting sites where sufficient heat availability, operating hours, access, cooling capability and electricity value can support an economically viable project. The immediate objective is to prove a repeatable application and then expand across qualified industrial sites.

Hybrid Project + Recurring Revenue Model

NISO intends to generate revenue from project development and technology delivery, ongoing asset-support services and performance-linked revenue based on verified net electricity generation. Commercial assets may be funded by the host or third-party project capital, allowing NISO to participate in long-term project economics without having to finance every installation directly.

Subject to technical feasibility, project economics, financing and final contract terms.

Disciplined validation path

NISO is advancing from laboratory module validation toward integrated panel engineering and industrial pilot validation. The development path is structured around measurable gates including net power, parasitic load, thermal-cycling durability, installation cost, uptime and site-specific economics.

Defensible system position

NISO is building more than a thermoelectric module. The development focus includes the thermal interface, module architecture, cold-side heat rejection, power conditioning, packaging, controls and industrial installation approach required to turn suitable waste heat into usable electricity. The intended competitive position is in industrial heat sources where conventional waste-heat-recovery approaches can be difficult to apply because of scale, geometry, access, operating profile or integration requirements. NISO's defensibility must ultimately be demonstrated through measured system performance, reliability, installed cost and repeatable deployment.

Where We Are

We are honest about our development stage. NISO Energy is a pre-commercial company. We have completed initial system design and are actively qualifying our first pilot host site.

  1. System concept and thermodynamic modelling

  2. Commercial model design and host-site criteria definition

  3. First pilot host site qualification — steel sector

    In progress

  4. 4

    Pilot deployment and performance data collection

  5. 5

    Commercial replication and sector expansion

Commercialization Pathway

NISO is pursuing a Proof → Pilot → Orders → Scale progression. The steel pilot is the first step: demonstrating that the system performs as designed under real industrial conditions. All subsequent stages depend on successful pilot outcomes.

NISO combines project revenue with recurring service and performance-linked revenue. Commercial installations may be funded by the host or third-party financing partners, while detailed pricing, ownership, insurance, maintenance and risk-allocation terms are defined in the final project agreement.

Successful pilot data is the foundation for additional host sites in steel, followed by expansion into cement, glass, and chemical processing. Any timeline is a target dependent on funding, successful testing and industrial-partner participation.

The Team

NISO Energy was founded by engineers and operators with direct experience in industrial energy systems. We are a small, focused team.

Founding Team

Background in industrial thermodynamics, energy systems engineering, and project development. Details available to qualified investors under NDA.

We are deliberately cautious about public disclosure of team details at this stage. Qualified investors will receive a full team briefing as part of the due diligence process.

Speak With Us

We are in active conversations with investors who understand deep-tech timelines and industrial markets. If that describes you, we would like to hear from you.

We do not respond to unsolicited broker introductions or investment banking outreach.

NISO Energy

NISO Energy Corporation is a Canadian deep-tech company developing modular thermoelectric systems that convert industrial waste heat into on-site electricity.

Canadian Deep-Tech · Founded 2015Module development currently assessed at approximately TRL 4 · Panel engineering and industrial pilot validation are next stages.

© 2026 NISO Energy Corporation. All rights reserved.

Information on this website describes technology under development. Laboratory results do not guarantee commercial-site performance. Installed output, reliability, installation requirements and economics require site-specific validation. This website does not constitute an offer to sell securities.