Sefe Incorporated (OTC: SEFE), a technology-and solutions-driven sustainability company, saw a sharp rise in its shares in trading on Monday. SEFE shares rose 3.62% to finish the day at $0.715.
Last week, Sefe Incorporated announced that it is pursuing a partnership with the University of Colorado’s Department of Electrical and Computer Engineering. SEFE said that it intends to work with both the Colorado Center for Power Electronics and the Center for Environmental Technology to perform research and development related to the physics and engineering of Harmony III System.
According to Michael Hurowitz, Director of Engineering at Sefe Incorporated, the university will be a critical partner in perfecting SEFE’s core technology and further developing the key aspects of the Harmony III platform.
SEFE also said last week that it will engage engineering teams from the university to help in the design and testing of various subsystems related to Harmony III.