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Zentek Announces Pilot Evaluation Program with Quality Filters Inc.

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Zentek (NASDAQ:ZTEK) initiated an 8–12 week pilot evaluation with Quality Filters to test integration of Zentek's proprietary air filtration media into Quality's commercial HVAC and industrial filter lines. The pilot will assess compatibility, manufacturing scalability, and real‑world performance as a step toward a potential long‑term supply or licensing arrangement.

The pilot supports Zentek's IP‑integration commercialization pathway and runs in parallel with U.S. regulatory evaluation and an existing royalty arrangement with Altek.

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News Market Reaction – ZTEK

%
3 alerts
% News Effect
$70M Market Cap
3K Volume

On the day this news was published, ZTEK declined NaN%, reflecting a moderate negative market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Pilot duration: 8–12 weeks U.S. air filter market: US$7.3 billion Buildings emissions share: More than one-third +5 more
8 metrics
Pilot duration 8–12 weeks Length of Zentek–Quality Filters pilot evaluation program
U.S. air filter market US$7.3 billion Projected U.S. air filter market size by 2032
Buildings emissions share More than one-third DOE estimate of U.S. greenhouse gas emissions from buildings
Electricity consumption share Approximately 75% DOE estimate of U.S. electricity consumption by buildings
Price change 5.74% ZTEK 24h price change before this news
52-week high discount 64.56% Distance below 52-week high prior to news
52-week low premium 20.81% Distance above 52-week low prior to news
Market cap $66,354,373 Pre-news market capitalization

Market Reality Check

Price: $0.6524 Vol: Volume 384,829 is below t...
low vol
$0.6524 Last Close
Volume Volume 384,829 is below the 644,596 20-day average, suggesting modest participation. low
Technical At $0.6524, ZTEK trades below its $0.90 200-day MA and is 64.56% under its 52-week high.

Peers on Argus

While ZTEK is up 5.74%, momentum peers like MBOT and AVR are both down (median m...
2 Down

While ZTEK is up 5.74%, momentum peers like MBOT and AVR are both down (median move about -2.1%), indicating stock-specific strength rather than a sector-wide move.

Historical Context

5 past events · Latest: Feb 26 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 26 Albany strategy update Positive +4.9% Outlined advancing Albany Graphite toward new PEA and PFS with funding focus.
Feb 25 Nasdaq extension Neutral +1.2% Received 180-day extension to regain compliance with $1.00 minimum bid price.
Feb 17 Strategic reset update Positive -12.6% Detailed strategic reset and regulatory update across core platforms including Albany.
Jan 29 Shareholder letter Negative -7.4% Announced strategic reset, cost reductions, and leadership change in shareholder letter.
Jan 05 Graphite test results Positive +8.5% Reported Albany graphite achieving nuclear-grade purity in independent testing.
Pattern Detected

ZTEK has often reacted positively to technical and project advancement news, but strategic reset updates have produced at least one notable downside divergence.

Recent Company History

Over the last few months, Zentek has refocused on three core platforms and advanced its Albany Graphite project, highlighting nuclear-grade purity and potential access to critical-minerals funding. Regulatory filings also flagged going-concern risks and reliance on future financing. Recent news included a Nasdaq bid-price compliance extension and a government engagement strategy for Albany. Against this backdrop, today’s U.S. HVAC pilot with Quality Filters fits the commercialization leg of the strategy, complementing earlier technical and regulatory milestones announced on Jan 5, Jan 29, Feb 17, Feb 25, and Feb 26.

Market Pulse Summary

This announcement details a pilot program with Quality Filters to test Zentek’s air filtration media...
Analysis

This announcement details a pilot program with Quality Filters to test Zentek’s air filtration media in U.S. HVAC products over 8–12 weeks, targeting a projected US$7.3 billion market by 2032. It complements recent strategic updates around focusing on core platforms and advancing Albany Graphite. Investors may watch for conversion of this pilot into a long-term supply or licensing agreement, progress on EPA registration, and how such partnerships support Zentek’s previously disclosed financing and going-concern considerations.

Key Terms

hvac, epa registration
2 terms
hvac technical
"a U.S.-based manufacturer of heating, ventilation and air conditioning ("HVAC") and industrial air"
HVAC stands for heating, ventilation and air conditioning — the systems that control temperature, airflow and indoor air quality in buildings. Investors care because HVAC drives operating costs, energy use, tenant comfort and regulatory compliance; like the engine and insulation of a building, efficient modern systems can lower bills, reduce repair and replacement spending, and preserve property value, while outdated units can create unexpected expenses and vacancy risk.
epa registration regulatory
"The Company expects to continue evaluating regulatory requirements for EPA registration in parallel"
EPA registration is the U.S. Environmental Protection Agency’s formal approval that allows a pesticide, disinfectant, or similar chemical product to be marketed and sold in the United States. It matters to investors because registration determines whether a product can reach customers, what claims and labeling are allowed, and the legal and compliance costs a company must bear—similar to a product needing a passport and license before it can be sold widely.

AI-generated analysis. Not financial advice.

GUELPH, ON / ACCESS Newswire / March 4, 2026 / Zentek Ltd. ("Zentek" or the "Company") (TSXV:ZEN)(NASDAQ:ZTEK) is pleased to announce the initiation of a pilot evaluation program with Quality Filters Inc. ("Quality"), a U.S.-based manufacturer of heating, ventilation and air conditioning ("HVAC") and industrial air filtration products, to assess the integration of Zentek's proprietary air filtration media technology into Quality's commercial product lines.

The pilot program is expected to span approximately 8 to 12 weeks and is designed to assess product compatibility, manufacturing scalability, and end-product performance under real-world commercial conditions. During the pilot period, the teams will collaborate on defining the commercial and technical framework for a potential long-term supply arrangement.

This initiative advances Zentek's strategy of following its principal commercialization pathways as outlined in the Company's Management Discussion and Analysis dated February 17, 2026, which focuses on integrating intellectual property into existing filtration products and leveraging existing infrastructure through partnerships with established manufacturers. The Company believes the pilot with Quality represents the first material step toward validating these pathways in the U.S. air filtration market and represents a repeatable, partnership-led commercialization model that can be leveraged in other markets as well.

The Company was introduced to Quality by Altek Advanced Materials Inc. ("Altek"). If the Company is successful in negotiating a licensing agreement, Altek would be entitled to a royalty as per the terms of the binding letter of intent announced on September 3, 2025.

U.S. Air Filtration Market

The U.S. represents a highly attractive market for advanced HVAC air filtration solutions, supported by both scale and structural demand drivers. Independent industry research estimates the U.S. air filter market is projected to reach approximately US$7.3 billion by 20321, driven by commercial, healthcare, and institutional buildings requiring higher‑performance filtration solutions. At the same time, building decarbonization is accelerating, with the U.S. Department of Energy estimating that buildings account for more than one‑third of U.S. greenhouse gas emissions and approximately 75% of U.S. electricity consumption2, placing HVAC system efficiency at the center of regulatory and economic priorities. The Company believes this convergence creates a compelling opportunity for differentiated filtration technologies that can enhance air quality without increasing system energy demand. Through its partnership with Quality, Zentek believes its proprietary air filtration media technology has the potential to support Quality's growth platform in the U.S. by enabling advanced, energy‑efficient filtration products aligned with these customer, regulatory, and sustainability objectives.

Given the U.S. air filtration market is several times the size of the Canadian market, it represents a key strategic priority for Zentek. The Company expects to continue evaluating regulatory requirements for EPA registration in parallel with this pilot program, positioning the Company to advance its evaluation of U.S. regulatory requirements while working with a validated manufacturing partner to potentially enter the U.S. market.

Management Commentary

Amy Spottswood, Chief Executive Officer of Quality Filters Inc., stated: "We are interested in evaluating advanced coating technologies that can enhance the performance and value proposition of our filtration products. This pilot program will allow us to assess Zentek's proprietary air filtration media technology under our standard production conditions and evaluate its potential for integration into our commercial product offerings."

Mohammed (Moe) Jiwan, CEO of Zentek, commented: "This pilot program with Quality Filters represents a meaningful step forward in our principal commercialization pathways. Rather than building manufacturing capacity from the ground up, we are working to integrate our intellectual property directly into the production lines of an established filter manufacturer. The U.S. market offers both a large addressable market and a regulatory framework that supports multiple potential pathways to commercialization. We are extremely excited to work with the Quality family and look forward to demonstrating our unique performance advantages in their production environment over the coming weeks."

About Quality Filters Inc.

Quality Filters Inc. is a manufacturer of commercial and residential air filtration products, based in Robertsdale, Alabama. The company designs and manufactures HVAC air filters for distributors, original equipment manufacturers, and commercial customers, and is recognized for its strong track record in customer service and its commitment to delivering high-quality, reliable filtration products.

About Zentek Ltd.

Zentek Ltd. is a Canadian company advancing a portfolio of graphene‑enabled advanced material technologies across healthcare, clean air and next‑generation industrial applications. Zentek develops and scales materials‑innovation solutions that aim to make partner products better, safer and more energy‑efficient, while unlocking new high‑value markets for ultra‑high‑purity graphite in nuclear, battery and semiconductor applications.

For further information:

Mohammed (Moe) Jiwan
Chief Executive Officer
Phone: 647-287-9582
Email: mjiwan2@zentek.com

To find out more about Zentek, please visit our website at www.Zentek.com. A copy of this news release and all material documents in respect of the Company may be obtained on Zentek's SEDAR+ profile at http://www.sedarplus.ca/.

Forward-Looking Statements

This news release contains forward-looking statements. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Although Zentek believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Zentek disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

¹ Fortune Business Insights, Air Filters Market Size, Share & Industry Analysis, January 2026.
² U.S. Department of Energy, Decarbonizing the U.S. Economy by 2050: A National Blueprint for the Buildings Sector, April 2024.

SOURCE: Zentek Ltd.



View the original press release on ACCESS Newswire

FAQ

What is the scope and timeline of Zentek's pilot with Quality Filters (ZTEK)?

The pilot is designed to run approximately 8 to 12 weeks to evaluate product compatibility and scalability. According to the company, teams will test manufacturing integration, end‑product performance, and define a commercial framework for a potential long‑term supply arrangement.

How could the Quality Filters pilot affect Zentek's commercialization strategy (ZTEK)?

The pilot advances Zentek's IP‑integration commercialization pathway with established manufacturers. According to the company, the program aims to validate a repeatable partnership model for U.S. market entry while assessing regulatory requirements and manufacturing fit.

Does the pilot with Quality Filters mean Zentek will enter the U.S. air filtration market (ZTEK)?

The pilot does not guarantee market entry but is a first material validation step toward U.S. commercialization. According to the company, it will run regulatory evaluations in parallel and may lead to licensing or supply agreements if successful.

Will Altek receive royalties if Zentek signs a licensing deal from the Quality Filters pilot (ZTEK)?

Yes, Altek would be entitled to a royalty under prior terms if a licensing agreement is reached. According to the company, this entitlement is per the binding letter of intent announced on September 3, 2025.

What performance and commercial factors will Zentek and Quality assess during the pilot (ZTEK)?

They will assess product compatibility, manufacturing scalability, and end‑product performance under commercial conditions. According to the company, the teams will also define technical and commercial frameworks for potential long‑term supply or licensing.

How large is the U.S. air filtration market cited by Zentek and why is it important (ZTEK)?

Independent research cited a projected U.S. air filter market of about US$7.3 billion by 2032, highlighting significant commercial opportunity. According to the company, market scale and decarbonization drivers make the U.S. a strategic priority for advanced filtration technologies.
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