Investors Reward This Micro Cap’s Entry into Airboat Market with Double-Digit Gains

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Thursday, November 6, 2025

Identifying new revenue streams and tapping into emerging markets are the foundations of business growth. Today, one microcap company made a major announcement along those lines, and investors are rewarding it handsomely with shares up double digits (%) at the time of writing.

First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) announced this morning that its subsidiary, PyroDelta Energy Inc., has delivered a thermoelectric-enhanced combustion engine to a U.S. airboat manufacturer, marking its entry into a significant new market. Originally developed to boost the range of heavy-lift drones, PyroDelta’s thermoelectric modules are now demonstrating broader commercial potential across additional engine-powered applications.

In the Company’s press release, PyroDelta Head Engineer Michael Abdelmaseh stated: “We have made an initial sale to a Florida-based airboat manufacturer,” He went on to say, “This sale includes the engine and the thermoelectric module, which the manufacturer will use to power the boat’s onboard electronics. While selling the full engine and module combination is an exciting development for us, our business model going forward is to sell only the modules.  We believe this will be the first of many sales to this industry and others like it.”

According to the company, applications for airboats, intended originally for fishing and hunting in marshlands, have expanded over the years to include tourism, search and rescue operations, military patrols and environmental monitoring. The market is witnessing a surge in demand for eco-friendly, lightweight and high-performance craft.

First Tellurium President and CEO Tyrone Docherty added: “This is an important step in our growth strategy to generate significant revenue going forward. PyroDelta continues to receive strong interest from a variety of industries, including those we hadn’t yet thought of. There are so many applications where waste heat and temperature differentials can produce clean energy. This is yet another example that we believe will open new opportunities.”

Shares of FTEL are currently up 10.81% at $0.205, while U.S. listed shares (FSTTF) are up 11.11% at $0.137 in mid-morning trading.

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