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Monday, October 29, 2018 4:20:47 PM
The overall theme of The Battery Show was improving battery technology, and a clear example of this was the prevalent discussion for how to use silicon to get the most gain in Power Capacity (Watt Hours). Coretec met with several companies eager to evaluate and leverage CHS’ value in making their own advanced Li Ion batteries. As a logical next step, Coretec will work with them to cement plans to evaluate CHS as a premier Si precursor to improve the performance of their next generation Li Ion battery.
As we have mentioned, we have continued to host discussions with several Si anode customers in consumer electronics and EV and they agree that based on several unique and novel methods to impart Si into the graphite anode, the path to higher energy density is silicon. To that effect, we are confident CHS (Si6H12) is the superior silicon precursor and can form Si nanomaterials and thin films at lower energy/temperatures and with higher purity. CHS represents a far better precursor choice over ANY other material. New materials development requires patience to commercialize, but knowing that other methods are failing, we firmly believe the future for battery design is high energy density batteries with Silicon anodes that have replaced conventional precursors with CHS.
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.
“Commercial success for the Company hinges on its technological advances as well as its ability to increase visibility in the market and create meaningful relationships with potential partners and customers,” said Michael Kraft, CEO of The Coretec Group. “We also understand the importance of maintaining effective communications with shareholders, and have placed an emphasis on doing so using several mediums. We are excited about the progress made to convert ongoing high level conversations with partners and customers into agreements that we believe will commercialize and scale our silicon-based material technologies.”
“We are confident that battery manufacturers and end-use customers alike will continue to pursue integrated technologies for next generation battery design that does not disrupt the current manufacturing process,” said Michael Kraft, CEO of The Coretec Group. “The Battery Show is an ideal venue for us to showcase our vision for commercializing silicon-based anodes capable of delivering greater energy density and longer life while charging faster. We will also continue to strengthen our industry relationships and advance discussions, hopefully resulting in a not-too-distant joint development venture between Coretec and an ideal partner to help us test and scale the technology.”
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