OptiBlend Fuel System. Source: Eden Innovations.
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Eden Innovations (EDE) has appointed a new sales team to help to sell its OptiBlend dual fuel system
  • The company’s subsidiary signed an agreement with Florida-based business Davidson Sales Company
  • The new sales team will help promote the dual fuel system in several new US states including Puerto Rico and the Caribbean
  • This is the second sales appointment in recent months, with EDE also appointing Missouri-based company Power Source Midwest
  • Shares in Eden Innovations are down 4.55 per cent at 2.1 cents each

Eden Innovations (EDE) has appointed a new sales team to help to sell its OptiBlend dual fuel system.

EDE describes the system as a lower cost and environmentally better way to operate diesel-powered generator sets on a mixture of natural gas and diesel fuel.

The company’s US subsidiary, also titled Eden Innovations, signed an agreement with Florida-based business Davidson Sales Company.

Davidson operates across a number of states of the US, including Puerto Rico and the Caribbean.

EDE said the sales team would help promote the fuel system in seven additional US states, bringing its total representation to 17 states.

Today’s agreement also marks the company’s second sales appointment in recent months, with EDE also appointing a Missouri-based company.

The business, Power Source Midwest, operates across 10 US states, including several located throughout America’s mid-west.

EDE has appointed the new sales teams because of a rise in interest in its dual-fuel systems.

The company believes recent natural disasters in the US have driven the demand for OptiBlend, with the recent Texas power grid failure also intensifying interest.

Eden Innovation shares were trading down 4.55 per cent at 2.1 cents per share at the close of the market on Monday, October 4.

EDE by the numbers
More From The Market Online

Elders plummets -25% as climate change delays crops, hurts “sentiment”

Australian agricultural giant Elders has seen its share price tank -25% on Monday morning as the…

Vysarn launches water trading arm led by ex-JP Morgan exec

Mine dewatering and water engineering solutions player Vysarn (ASX:VYS) has today announced the creation of a…

A look at Australian agriculture: June 2023

Gross Australian agricultural production is expected to decline in the coming years as the last three…

Farms in Fair Work spotlight as fines for compliance breaches exceed $170,000 nationally

The agriculture sector is yet again under the Fair Work Ombudsman's (FWO) spotlight as fines for…