BioSolar Highlights Technology and Business-focused Media Recognition Following Milestone Announcements
Company also receives regional profile detailing technological advancements and corporate growth
Santa Clarita, CA – July 11, 2017 – BioSolar, Inc. (OTCQB:BSRC)(“BioSolar” or the “Company”), a developer of breakthrough energy storage technology and materials, today shared commentary from multiple media outlets detailing the Company’s recent corporate milestones, specifically the completed laboratory tests that indicate its Si alloy anode material, when incorporated in lithium-ion batteries, can achieve significantly higher capacity than existing commercialized materials.
In an article published by Chemical Engineering Magazine detailing BioSolar’s novel approach to developing a Si Alloy and its potential to lower Li-ion battery costs, the author notes that BioSolar “has demonstrated a novel Si-Alloy Nanocomposite anode that accommodates Si’s expansion, maintains electrode capacity and allows for the use of less expensive raw materials.” The article also quotes BioSolar’s CEO Dr. David Lee discussing the importance of using lower cost raw material sources to lower costs without negatively impacting performance. Further, the article highlights the Company’s efforts to minimize tiny defects during manufacturing of the anode, and maintain efficacy during charge and discharge.?
In an article entitled Battery Test Powers BioSolar Share Price Higher published by the San Fernando Valley Business Journal, the author notes recognition from the capital markets following the Company’s recent announcements. The article also highlights BioSolar’s emphasis on safety following high profile lithium-ion battery catastrophes, such as the Samsung Galaxy Note 7 explosions. Dr. Lee is quoted, saying “the goal of the lithium-ion industry is to increase capacity and lower cost, but at the same time try to make them (batteries) safer.” The publication also highlighted BioSolar’s recently announced partnership with South Korean battery maker,Top Battery, in an article from June, entitled “BioSolar Gets Partner.”
“We are pleased by the recognition from respected members of the media, both business and technologically-focused publications, that understand the importance of our recent accomplishments and also the greater challenge ahead as we pursue commercialization,” said Dr. Lee. “From a corporate standpoint, we believe in transparent and ongoing communications that provide not only our shareholders with status updates, but also the technology community and potential business partners.”
