The Coretec Group Inc
The Future is Now
The Coretec Group, Inc.™Advancing Technology for Promising Markets, such as energy storage, solar, solid state lighting, printable electronics and 3D displays.
The Coretec Group, Inc. is headquarted in Tulsa, Oklahoma. Formed from the recent merger of 3DIcon Corporation® (3DIcon) and Coretec Industries, LLC, The Coretec Group's innovative technology is based on the production of a high value silicon precursor, cyclohexasilane Si6H12 (CHS) and the development of a 3D volumetric display (CSpace™).
A key advantage of CHS is being a liquid precursor to silicon-containing electronic materials versus the commonly used gaseous monosilane (SiH4). As a liquid precursor, CHS offers the ability to use solution-based processing routes leading to safer handling, more efficient materials utilization, significant cost savings and performance enhancing material structures. Another key advantage of CHS is the lower temperature for decomposition of CHS to silicon, leading to the use of a broader range of substrates, many of which are lower cost. Monosilane requires high temperatures (500 - 800°C) for decomposition to silicon, whereas CHS forms silicon at temperatures as low as 300°C. In addition, during the decomposition of CHS, the rate at which silicon is formed increases by a factor of six relative to monosilane, leading to significant cost savings due to the increased rate of production. The company anticipates that CHS will first be used as an alternative to current methods to introducing silicon into lithium ion batteries or when manufacturing silicon-based microelectronics and printable/flexible electronics
May 2, 2018 Ceo Blog : New Possibilities for Li-ion Batteries
Throughout 2018, I look forward to introducing you to the most promising CHS markets and applications, beginning with our energy storage focus. An exciting article was published recently in The Wall Street Journal, which validates not only our focus to improve battery performance, but also the potential of CHS's silcon-based technology to do just that. Here is a summary of how The Coretec Group's technology is poised to make it happen.
Lithium ion batteries are a dominant source of energy storage for portable applications, ranging from electronic devices to electric car batteries. For years, advances have been made in energy cycle lifetime, cost and performance. However, continued market growth remains dependent on further improvements in energy density, while maintaining current cost and cycle lifetime.
Coretecs HexaSilane's unique liquid state makes it possible to increase energy density by replacing the graphite anode, commonly used in lithium-ion batteries,
with silicon-carbon nanostructures and alloys. These materials store more lithium ions- the energy source of a battery-, while demonstrating improved cycle lifetime and cost performance
Diagram of Lithium-ion battery with commonly used graphite anode which would be replaced using Coretecs new materials
PRIMARY MARKETS SECONDARY MARKETS 3D Volumetric Displays : CSpace CSpace™ is a unique 3D display technology that is designed to produce high-resolution full-color, true 3D images. The display does not require special viewing aids or glasses, does not cause viewer fatigue during prolonged use, and is capable of producing surface rendered solid looking or translucent images for viewing inside of objects, such as human organs, cargo containers, baggage, ocean or terrain features, or troop carriers, all of which are beyond the visualization capabilities of current display technologies. Displays based on CSpace™ have potential applications in fields including medical imaging, passenger baggage and cargo scanning, military performance-mission planning, tactical awareness and decision support, post engagement assessment-engineering, geospatial exploration, education and training applications, entertainment applications, air traffic control systems, space transportation systems, and earth science research, among others.
The Coretec Group Inc : Intellectual Property , Products and Technology Library :
Item 1.01 Entry into a Material Definitive Agreement.
On November 15, 2017, The Coretec Group Inc., an Oklahoma corporation (the “Company”), conducted a private placement with an accredited investor and related party, Victor Keen, Co-Chairman of the Board of Directors of the Company (the “Investor”), pursuant to which it sold 20,000,000 shares (the “Shares”) of common stock, par value $0.0002 per share (the “Common Stock”), for a purchase price of $750,000 (the “Private Placement”).
Item 3.02 Unregistered Sales of Equity Securities.
On November 15, 2017, the Company closed on the Private Placement in consideration for aggregate gross proceeds of $750,000. The details of this transaction are described in Item 1.01, which is incorporated by reference in its entirety into this Item 3.02.
SEC FILINGS http://ir.thecoretecgroup.com/sec-filings Partnerships and Joint Development Agreements Gelest, Inc.
In The News
Coretec and Gelest have mutually agreed to an agreement under which Gelest will provide CHS storage and handling, website and catalog listing of CHS produced by or for Coretec for sale to its customers, and customer service including trans-fill of customer cylinders.
The Coretec Group Inc Management Team
Michael Kraft : Chief Executive Officer Michael Kraft is known for strategic vision, business development, and creating long-term organizational value from customers, markets, and strategic partners. As President/CEO he's led many companies in advanced materials and helped grow revenues from start-up to $300 million and established them as strategic suppliers to worldwide markets and partners of the Global 500. Michael has also been a member of two senior executive teams that grew revenues from ~$100 million to $1 billion range and in both companies increased shareholder value to >$1 billion. His focus is to quickly identify critical business drivers, grow revenues and market share organically, build strategic partnerships, and complete accretive acquisitions. Michael is excellent in international market development, deal management, transaction diligence, public and private M&A, integration, and synergy realization. He's led eight (8) global, multi-cultural acquisition teams
ranging in purchase price from $5 million to $1.5 billion.
Doug Freitag : Consultant to Coretec and Chairman of the Advisory Board
Doug Freitag brings a wealth of experience to his new role, including more than 30 years of commercializing advanced materials in aerospace, electronics, photonics, medical, and building industries and more than 25 years of federal grant and contract funding expertise. He has served in various engineering and management positions while employed by Ford Motor Company, Honeywell, and Lockheed Martin and supports a number of organizations, including Cerus, DNA Electronics, and Grey Innovations, among others. Support provided included research, development and transition of new technologies and Federal Business development. In 2016 alone he has contributed to winning new Federal contracts for clients with a value of over $230 million. Mr. Freitag was hired by 3DIcon as a Federal business development expert in December of 2013 and has served as the VP for Technology and Business Development until recently. He has a BSME and MSME from Purdue University.
A 30-year industry veteran with an established track record helping Clients identify, create, and capture opportunities for funding by the Federal Government in technology research, development, and acqusition.
Mr. Freitag created BMT more than 20 years ago after a decade long career at Lockheed Martin managing advanced materials technology development program. He regularly markets new programs and technologies in the fields of advanced materials, life science, electronics,photonics, energy, sensors and manufacturing. Mr. Freitag’s distinguished career has included senior positions and several awards with Lockheed Martin for his contributions to military systems. He has published and presented 60+ papers in advanced materials, issued several patents, organized andchaired numerous technical sessions at national meetings, and participated in government panels in support of the advanced materials industry. Mr. Freitag currently holds a DOD Secret clearance.
Bayside Materials Technology
Owner – Columbia Maryland (1994 – Current)
Privately-owned business located in the Washington D.C. area helping Clients identify, create, and capture opportunities for funding by the Federal Government in technology research, development,and acquisition. Technical areas of expertise include advanced materials, biotechnology, electronics,photonics, energy, sensors, and manufacturing. Primary customers include DHS, DOD, NASA, NSF,DHHS, DOC, DOE, DOT, DOJ, and their respective labs, Centers of Expertise, and Logistic Centers.Customers include small/large business, non-profits, and academia. Ongoing efforts contribute tot he creation of annual contracts in excess of $30M. Ongoing projects include diagnostics andvaccines for medical counter measures, sensors for ISR, biosurveillance, threat detection, and human performance, pain mgmt therapies, 3D visualization, blood wound products for trauma care,advanced ceramics, printable electronics, and advanced coatings.
Ragnar Avery : Vice President, CHS Marketing and Sales
Avery is a veteran of the silicon materials industry, having spent 33 years at Dow Corning Corporation, one of the world's leading global suppliers of silicones and silicone solutions and products. During his career at Dow Corning Avery served in a broad range of global sales and marketing position. Avery is one of four Dow Corning Sellers recognized in the Sales Gallery 2005 to 2013, the first to obtain four Sales Excellence Awards for top 1% sellers, and received seven Sales Achievement Awards for top 10% sellers in New Business Development.
Most recently Avery served as the New Business Development Manager for Lithium Ion Battery Solutions within Dow Corning's Business and Technology Incubator. Within that role, Avery was responsible for developing a portfolio of collaboration opportunities for Dow Corning's silicon material solutions, as well as managing relationships with key prospect customers of silicon materials. Avery holds a Bachelor of Science, Mechanical Engineering from Purdue University and a Masters of Science, Manufacturing Management from Kettering University.
Dr. Ramez Elgammal : VP of Technology Dr. Elgammal has a broad background in science, engineering, and entrepreneurship. He is a Senior Research Associate at the University of Tennessee where he manages a broad spectrum of projects in energy storage and energy generating devices including fuel cells, flow batteries, and lithium-ion batteries. He served as Director of New Applications for Sylvatex Inc. developing advanced lithium-ion battery materials and prior to that he co-founded two clean-tech companies: Novoform Technologies (which develops catalysts for gas-to-liquid conversion and was acquired in 2014) and Saratoga Energy Research Partners (focused on electrochemical CO2 conversion process to synthesize carbon nanomaterials for lithium-ion battery anodes). He has over 40 publications and conference proceedings and 7 patents pending. Dr. Elgammal earned his M.Sc. in applied physics and Ph.D. in chemistry at the California Institute of Technology (Caltech) as a Rosen Fellow, and holds an honor's B.S. in chemistry from Central Michigan University where he was a Centralis Scholar.
Masashi ( mike ) Imagawa : Coretecs Managing Director SE Asia
Mr. Imagawa has a demonstrated understanding of customer requirements coupled with extensive business development experience in important target markets. Prior to joining The Coretec Group, he enjoyed a distinguished career that included business development positions at GE, Umicore and Dow Corning. Mr. Imagawa holds a bachelor's degree from Kansai Gaidai University. He will remain located in Tokyo, Japan.
Ramez Elgammal to Attend The Battery Show, Europe 2018
May 01, 2018
The Coretec Group team is committed to building strategic relationships in our target markets in order to advance interest and adoption of our patented Coretec® HexaSilane™ product. One important channel to advance those relationships is tradeshows and conferences, where key decision makers and influencers go to find the latest trends and technology. As such, we are pleased to announce that Ramez Elgammal, The Coretec Group VP of Technology, will be attending The Battery Show Europe in Hannover, Germany May 15-17, 2018.
The Battery Show is the biggest show of its kind in Europe, showcasing the latest advanced battery technology. Mr. Elgammal will be attending The Battery Show in order to make connections and identify synergistic partners in process development and project opportunities. For more information about The Battery Show, visit http://www.thebatteryshow.eu/.
Technology for Advanced Markets
Coretec HexaSilane (CHS) is a cyclohexasilane (Si6H12) that is processed as a liquid, leading to the use of lower cost solution based processes when compared to traditional gas-state silanes. Its novel composition delivers six times the silicon in one molecule*, making it an excellent source of silicon in applications including energy storage, solar, solid state lighting, microelectronics and printable electronics.
From the June 7, 2018 Michael Kraft interview with AltEnergy Mag.com
How is The Coretec Group working to leverage this technology?
We are working with leading energy storage companies to help them take advantage of the CHS material characteristics mentioned above, as well as other innovators in the other markets mentioned that span a number of applications.
I would like to make a key point here: Coretec is not betting on which product design will win a majority of the market, as we are not a one-product, nor one-market participant. For example: there are dozens of Si anode battery designs out there, however, we are working with several of them, and anticipate there are more that will realize they need a better Si precursor. This increases our chances of being a part of the winning Si anode battery. We anticipate doing this in a similar manner for all markets which need a better Si precursor.