QS Energy Inc. (OTCMKTS:QSEP) was up 23% after the company offered an update regarding its latest AIT testing. Since October 7, 2021, when the company reported its findings, it has positively confirmed and corrected 80% of what the company considers essential enhancements for a field worth and reliable AOT.
Trading Data
On Friday, QSEP stock soared 22.56% to $0.0489 with more than 387k shares, compared to its average volume of 174K shares. The stock has moved within a range of $0.0360 – 0.0590 after opening trade at 0.0400.
QS Energy, Inc., AOT Update
As per these component testing results, the company will rework the initial grid pack, attain high voltage in air and oil, verifying that individual components work once assembled.The reason for testing components is to show a possible problem that might be concealed.
Based on the results using an assembled AOT, the company procured a medium gravity pipeline spec oil that is pumped to the AOT. The company operated the AOT through the reworked original grid pack of one hour at 10kv and witnessed no short circuits and no anomalies, which confirmed that the temporary condition was due to failed insulation. So in the coming months, QSEP is worth watching.
