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Ford needs to get with CRTG for their active anode material needs:
https://www.foxbusiness.com/politics/ford-suddenly-pauses-massive-ev-battery-project-republicans-probing-ccp-ties
Quikshft,
Excellent point, I should be able to watch the zoom meeting and plan on taking copious notes.
This was in my email inbox this morning:
https://mailchi.mp/thecoretecgroup/coretec-invites-you-to-join-its-upcoming-virtual-battery-panel-discussion?e=90c072b9bd
Pegs1
Not sure, but I would think that Navitas Systems and Enpower Greentech have some incentive to join CRTG in a potential marketing opportunity.
The Coretec Group (OTCQB: CRTG) is thrilled to invite you to its upcoming virtual industry panel discussion, titled “Lithium-Ion Battery Technologies: From Innovation to Adoption - A profile of 3 Michigan-based companies pushing the frontiers of batteries,” on Wednesday, September 27, at 11:00 am EDT.
https://www.navitassys.com/?utm_source=The%20Coretec%20Group&utm_campaign=027f24d476-EMAIL_CAMPAIGN_09_22_2023_CRTG_PANEL_INVITE&utm_medium=email&utm_term=0_d1bdaad211-027f24d476-623091393&ct=t%28EMAIL_CAMPAIGN__09_22_2023_CRTG_PANEL_INVITE%29
And Enpower Greentech:
https://www.enpower-greentech.com/?utm_source=The+Coretec+Group&utm_campaign=027f24d476-EMAIL_CAMPAIGN_09_22_2023_CRTG_PANEL_INVITE&utm_medium=email&utm_term=0_d1bdaad211-027f24d476-623091393&ct=t(EMAIL_CAMPAIGN__09_22_2023_CRTG_PANEL_INVITE)
Pegs1,
Ramez E. Is going to provide an update on the developments of the Endurion prototype on Wednesday and they are going to discuss a marketing opportunity with two battery manufacturers. CRTG had already secured MOUs with two companies to provide the nano particles necessary to mass produce the active anode material for battery production. I think CRTG is ahead of schedule and is prioritizing this Wednesday meeting over a shareholders conference. The shareholders meeting will probably be announced in a few weeks.
LinkedIn post by Enpower Greentech Inc.
https://www.linkedin.com/posts/enpower-greentech-inc_enpower-greentech-lithiumbatteries-activity-7110344375225733122-kCDv
This is the incorrect statement you posted:
“Read!!! The ENDURION is a name for the Anode development program, nothing else! From the mouth of one of the experts, Michelle Tokarz said; "Silicon Anode developer for Lithium Ion Batteries! If there is an ENDURION Battery, why didn't she proudly mention it? But, with a really SUPERIOR Silicon Anode, it will have a place! GLTA...”
This is the correct information from the company website:
“ENGINEERING SILICON TO IMPROVE LIFE
The Coretec Group, developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for cleantech and emerging tech applications, are experts in engineering silicon. Our groundbreaking silicon anode active material is revolutionizing the EV and energy storage markets and powering our Endurion battery program.”
Let me know if you are still confused after READING this:)
twa,
Read below and if you cannot see that the Endurion prototype is a pouch cell for an EV with a one-amp hour capacity, then make an appointment with an optometrist.
“MAY 18, 2023 / 2:00PM GMT, Coretec Group Inc To Host Shareholder Call
And by the end of the year, our plan is to have a one-amp hour cell, which is a modest sized pouch cell that we think will give us very clear indicators of how this material stands with regard to being put eventually in a battery pack in an EV.
And all these steps are taken with that goal in mind.”
Looking forward to the updates and developments on the Endurion prototype and the marketing opportunity discussion!
“The event is titled “Lithium-Ion Battery Technologies: From Innovation to Adoption – A profile of 3 Michigan-based companies pushing the frontiers of batteries.” To begin the program, The Coretec Group’s Chief Technical Officer Dr. Ramez Elgammal will give an overview of the most recent updates and developments on Coretec’s Endurion battery program. His update will be followed by a battery innovation and market opportunity discussion, featuring industry experts from:
The Coretec Group (OTCQB: CRTG), the panel host and silicon anode developer for lithium-ion batteries will be represented by its VP of Partnerships & Development, Dr. Michelle Tokarz;
Navitas Systems, a small and large format battery producer, represented by its Director of Development, Chris Silkowski; and
EnPower Greentech, Inc., a leading provider of next-generation batteries and power solutions, represented by its Chief Engineer for Cell Commercial and Production, Dr. Henry Mao.”
Here’s the last quote I neglected to add earlier:
“And by the end of the year, our plan is to have a one-amp hour cell, which is a modest sized pouch cell that we think will give us very clear indicators of how this material stands with regard to being put eventually in a battery pack in an EV.
And all these steps are taken with that goal in mind.”
Pegs1,
Sit back and relax.
Your questions an concerns have already been addressed in the transcript of the May 16, 2023 shareholders meeting:
“So what's next? Ramez, would you speak to the technology of the future technology with Endurion and the Coretec group?”
“Ramez Elgammal Coretec Group - Chief Technology Officer
Certainly. In terms of forecasting our R&D efforts through the rest of the year, I think it's important to think about what's going to be necessary from a research perspective to get to the point where we have material that's ready for commercialization.
We've identified technical milestones that are aggressive, but we think that with our in-house capabilities and the expertise that our senior scientist has developed, we can hit all these milestones without any difficulty.
And in thinking about the milestones we hit, the approach that we've taken in developing this roadmap is similar to the approach that, say, ARPA-E, a branch of the Department of Energy takes in not only hitting technical objectives but trying to tie that with some type of milestone which is known as a SMART milestone, so something that's measurable or quantitative.
Towards that end, as we continue to do our materials development over the next quarter or so with materials discovery and evaluating those materials in a half cell and then pushing that towards a full cell where we can start to see how our anode material is behaving in an actual battery, we're really pushing that to making pouch cells, because pouch cells are what's going to be necessary for meeting the demands of an EV.”
Like Quikshft posted,
“No need for a booth to have a conversation that leads to further conversation, especially if what you've got is what others want.”
From the May 18, 2023 CRTG Shareholders Call transcript page 10:
Matthew Kappers Coretec Group - CEO
“And I want to reiterate the importance of the NDAs that Michelle mentioned. They're with major companies and these major companies don't go through the time, effort, and money to negotiate and enter into an NDA unless they're interested in what we're doing.
An NDA, as Michelle mentioned, is a major step in what we hope to be a fruitful relationship. So as you can see from today's presentation, we have strong momentum. We have successfully secured relationships with key vendors to supply our needed materials.
We've successfully coded silicon nanoparticles. Our testing data proves our concept works. We filed a provisional patent for our novel inventions. We have in-house testing equipment to accelerate the development. We have access to characterization instruments to analyze our materials. And we have and will continue to build relationships with key partners and industry players.”
Here’s a link to the company website with the details:
“Company leaders will engage prominent industry figures and discuss their latest battery development breakthroughs at the Plugvolt Battery Seminar and The Battery Show”
https://thecoretecgroup.com/press-releases/the-coretec-group-to-attend-two-ev-battery-conferences-as-it-increases-awareness-of-its-endurion-battery-program/
The Coretec Group, Inc.
558 followers
5d • G
We'll be at The Battery Show in Novi, MI next week & would love to connect with fellow attendees. If you'd like to meet, please reach out via our contact page below.
We'll see you there!
THECORETECGROUP
ENGINEERING SILICON TO IMPROVE LIFE
Lithium deposit found in US may be among world’s largest, study finds
Automakers, threatened by possible shortages of lithium for EV batteries, are racing to lock in supplies
https://www.foxbusiness.com/economy/lithium-deposit-found-us-may-be-among-worlds-largest-study-finds
Pegs1,
Once CRTG secures contracts to supply the active anode material to various customers, we will be reading about revenue in the PRs
I’m looking forward to celebrating in Las Vegas when the time comes.
There’s only ONE player with a patent filing for an artificial solid electrolyte interphase SEI. It is the solution to the expansion and pulverization of Li Ion batteries. After CRTG listed on the OTCQB, Ken Evans stated that the Nasdaq was next. It’s just a matter of time.
From the May 18, 2023 CRTG Shareholders Call transcript page 10:
Matthew Kappers Coretec Group - CEO
“And I want to reiterate the importance of the NDAs that Michelle mentioned. They're with major companies and these major companies don't go through the time, effort, and money to negotiate and enter into an NDA unless they're interested in what we're doing.
An NDA, as Michelle mentioned, is a major step in what we hope to be a fruitful relationship. So as you can see from today's presentation, we have strong momentum. We have successfully secured relationships with key vendors to supply our needed materials.
We've successfully coded silicon nanoparticles. Our testing data proves our concept works. We filed a provisional patent for our novel inventions. We have in-house testing equipment to accelerate the development. We have access to characterization instruments to analyze our materials. And we have and will continue to build relationships with key partners and industry players.”
I’m glad that CRTG is already on the OTCQB exchange. I remain hopeful the Endurion DATA is all that’s it’s touted to be and CRTG lists on the Nasdaq.
Walrus,
Thank you for bringing this to everyone’s attention. Great point!
Pegs1,
I hope it happens on your birthday:)
pegs1,
The verbiage regarding NDAs and MOUs that Walrus referred to is quoted below from the transcript.
"End use application manufacturers are those what will use the lithium-ion battery as one component of their product. The most well-known example of this are electric vehicles, and all the major automakers are in the EV game, including Ford, GM, Tesla, Rivian, and others.
However, there are other end-use applications that could be appropriate, including military applications, drones, and fitness bands, to name a few.
We are in conversations with many of these players. Introductory conversations are fairly straightforward, but as the conversations progress, NDAs are required so that we can go deeper into the science.
These NDAs are mutual, which are noteworthy because our partners may be sharing some of their proprietary information. It shows a give and take. These NDAs contain very restrictive clauses, hence they are negotiated and reviewed with legal counsel.
These documents are the first major step in building a relationship, and we take them very seriously. Conversations with companies that represent all parts of the ecosystem are key to our success, as we learn the different testing requirements for each. Our meetings with automakers and end-users have been very helpful. Most importantly, they have shared with us their desired testing protocols and metrics. Since there are many ways to conduct battery tests, knowing their needs helps us craft our testing methods so that we can provide them data in the format that they prefer.
Because of the nature of these relationships, we cannot tell you exactly who we have been in conversation with, but we can tell you that they include automakers, battery manufacturers, and national labs. As the science progresses, these conversations will include more technical depth and eventually produce more robust partnerships.
As for upstream partners, these include graphite suppliers, anode material suppliers, and any other key ingredients. One of the key ingredients are the silicon nanoparticles we use to make our active anode material. We require a partner that is able to be flexible and collaborate with us as we tweak our product.
To that end, we have recently signed Memoranda of Understanding with two silicon nanoparticle suppliers, namely Alroko and SkySpring Nanomaterials.
A Memorandum of Understanding accomplishes several goals. One, it sets expectations for both companies. Two, it outlines commitments at a high level. And three, it establishes expectations for purchase orders.
In addition to these key parts of an MOU, both of these companies are able to easily alter their silicon nanoparticle products in order to accommodate our needs. Additionally, they have volumes large enough that they should always be able to supply us. For added supply chain security, we have also identified backup suppliers that we could employ if needed."
This report from Fortune Business Insights™ reflects why we at Coretec and so many others in the #batterytechnology and #energystorage sectors are so excited about silicon anode development. A few standout sections:
"The increasing adoption of silicon anodes in the U.S. is due to the increased demand from the electronics and automotive sectors"while "The automotive industry expected to be a major driver for the market moving forward."
The report expects product consumption in the US to continue, and adds "...silicon anodes are identified for their durability and high stability, making them an appropriate alternative to graphite in lithium ion batteries."
Read more, here: https://lnkd.in/gsJ4GTdR
#electricvehicles #batterystorage
It’s a nano coating process. This will not solve the expansion and pulverization issues with the solid electrolyte interphase SEI.
“NEO Battery Materials has developed a transformative and unique one-step nanocoating process to manufacture silicon anodes”
https://neobatterymaterials.com/manufacturing-technology/
Have you watched the May 18, 2023 Shareholders Meeting and read the transcript? Have you read the recent articles that have been written about CRTG in the North American Clean Energy Sep/Oct issue pigs 142-143?
https://issuu.com/northamericancleanenergy/docs/nace_sepoct2023-web?fr=sZmMzNjY0NzA3MzU
CRTG has the patent for the artificial SEI they are currently developing. The half cell tests prove the claims they have made concerning the characteristics of the Endurion battery prototype, which have been verified by other labs. The pouch cell tests are ongoing and the Q3 and Q4 goals are on schedule to be completed. NDAs are projected to be in place and SkySpring based in Houston, along with Al Rokko based in Germany, have signed MOUs with CRTG to supply the nano particles for the active anode material that will be going into EV battery production.
Yes, it’s a great time to get in. There’s always risk involved, but the current situation is very promising. Victor Keen is the largest shareholder and was with 3DIcon before it merged with Coretec in September 2016.
You will be reading about partnerships in the commercialization stage soon.
Simply Wall Street App:
Top Shareholders
Top 9 shareholders own 59.49% of the company
Victor Keen
33.81%
Carlton James Ltd
8.54%
Mollitium Investment Management
8.23%
Armistice Capital, LLC
4.73%
Simon Calton
2.03%
Ronald Dombrowski
1.28%
Matthew Kappers
0.42%
Matthew Hoffman
0.25%
Douglas Freitag
0.2%
Matt Hoffman took 705,882 shares in Lou of cash for services rendered:
https://investors.thecoretecgroup.com/static-files/2aa0b492-8bd7-400a-ab3f-21834e41c3c0
This company link shows the partners and universities CRTG is working with:
https://thecoretecgroup.com/about/partners/
Yes, keep in mind we could get news on a partnership at any time. The pouch cell testing is ongoing at Wayne University in Detroit. It would not surprise me that NDAs have already been drafted and in force
I think we’ll see some volume mid September when the battery show and auto show starts
Just an FYI, but back in February 2021, investors on this forum found out about CRTG and it rose to 0.50 for awhile without any news. When we get partnerships, this will go north of 1.00 on just the Endurion battery project. Keep in mind that we are also awaiting news and updates on the Tellurite glass scalability for the 3D CSpace image chamber. Once that technology comes into fruition this stock will soar to double digits.
Pegs1
Good question. I’m not sure why, but it appears that CRTG will complete the Endurion prototype by year’s end and then the proof will be in the pudding ”so to speak“. CRTG is the only company that has developed an artificial SEI, which I believe will put them in the limelight.
I think Walrus did a good job summarizing where CRTG is at this point and what the pps could potentially move up to if certain milestones are met.
“They are testing Pouch Cells now according to their timeline goals. So we have about 120 days to the end of 2023. If Coretec hits on all 4 areas , more patents filed for other applications , Partnerships with the EV auto companies , battery suppliers and financial backers and the BIG D DATA is out and is outstanding and above todays industry standards and matches or better than other silicon anode companies the value of the company i believe should increase greatly and will be seen in the stock price as i believe it would move much higher perhaps to a $ 1.00 They said they have NDAs with major EV auto players and if these end up as long term partners I BELIEVE CRTG is going MUCH MUCH HIGHER !”
That’s correct. CRTG has MOUs signed with SkySpring in Houston and Al Rokko in Germany to provide the nano particles for mass production in domestic and International markets. The Endurion, prototype EV battery, is on schedule to be finished by year’s end. You can check out the slides from the Shareholder Conference which depict the details of Q1 through Q4 goals. You’ll see commercialization by Q4
Go to the “The Coretec Group” home page.
Then mouse click the investor tab, scroll down to events and click on the transcript for the May 18, 2023 Shareholders Conference Call.
You’ll find the verbiage about NDAs from Michelle Tokarz in the Partnership section of the transcript
The information is from the Simply Wall Street App:
Top Shareholders
Top 9 shareholders own 59.49% of the company
Victor Keen
33.81%
Carlton James Ltd
8.54%
Mollitium Investment Management
8.23%
Armistice Capital, LLC
4.73%
Simon Calton
2.03%
Ronald Dombrowski
1.28%
Matthew Kappers
0.42%
Matthew Hoffman
0.25%
Douglas Freitag
0.2%
Pegs1
The Simply Wall Street App shows the following health analysis for CRTG:
So, I think the Endurion prototype will be ready before the end of this year.
“Cash Runway Analysis:
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CRTG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CRTG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.8% each year”
New “In the News” article posted on CRTG website about CRTG in North American Clean Energy on pages 142-143
https://issuu.com/northamericancleanenergy/docs/nace_sepoct2023-web?fr=sZmMzNjY0NzA3MzU