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Re: ShortonCash post# 21768

Thursday, 02/16/2017 7:14:04 PM

Thursday, February 16, 2017 7:14:04 PM

Post# of 30168
PowerChip® Battery Update? Kruse lead the operation development for Sakti3 Inc.

So far the performance of the battery has exceeded expectations, such that we have begun to discuss developmental and licensing opportunities with leading battery manufacturers, system integrators, and other companies involved in, or seeking entry into, the very lucrative energy storage sector. We are currently in preliminary discussions with consumer and computing companies, battery manufacturers, and parties who have expressed interest in investing directly into the battery opportunity. Any such direct investment into the battery opportunity could potentially lead to a spin out of this technology.

http://www.prnewswire.com/news-releases/neah-power-systems-issues-letter-to-shareholders---part-ii-559948481.html

As a member of Neah Power Systems' strategic advisory board, Kruse will contribute his knowledge and diverse specialties to assist the Company through continued corporate growth, especially with the PowerChip® battery.

"I am pleased to facilitate the growth of Neah Power Systems with its unique and differentiated technology offerings, which are clearly needed for off-grid, renewable power for a variety of domestic and international markets," commented Kruse. "It's an honor to join the team and I look forward to providing Neah Power Systems with insight and guidance obtained from my current and previous endeavors."

Mr. Kruse is a battery and energy storage subject matter expert. Kruse is currently Chief Technology Officer for Qoros Automotive in Shanghai China. He is responsible for all Product Development and Advanced Technology. Previously, Kruse lead the operation development for Sakti3 Inc. as Chief Operating Officer and Board Member. Sakti3 is commercializing solid-state battery technology simultaneously targeted at electric vehicles and consumer electronics and was ultimately acquired by Dyson.

In 2010 he was appointed to the National Academy of Science Sub Committee on advanced battery technology. The Sub Committee was responsible for assessing results of the stimulus package and developing legislative recommendations to Congress and the Executive Branch for future legislative action.

https://www.marklines.com/en/report_all/catarc018_201601

Qoros Auto creates new energy vehicle division
Qoros Auto’s acting Chief Executive Officer, Anning Chen, announced that Qoros created new divisions—Mobility and New Energy Vehicle (NEV). Both the Mobility and NEV divisions are important to Qoros; however, the automaker is especially focusing on the NEV division. In addition, according to Chief Technology Officer Bob Kruse, the Qoros 5 electric SUV will be the automaker’s first new energy vehicle.
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