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Wednesday, November 20, 2019 12:59:25 PM
The May 3rd 2018 letter made it clear they were developing thier own manufacturing process for thier CHS which took over a year to do and here we are , ITS MARKET READY FOR THESE TWO APPLICATIONS , BATTERIES AND SEMICONDUCTORS AND THEY WILL ALSO CONVERT THE FIRST PRODUCT, CHS, USED FOR THE FIRST TWO TECHS , TO QUANTUM DOTS FOR APPLICATION IN THE OTHER AREAS YOU CAN SEE FROM THE UPDATE :
From the update :Its all there and easy to understand
The Coretec Group is currently focused on providing new and improved silicon-based materials that meet the needs and specifications of energy storage, specifically relating to lithium-ion batteries and semiconductors. The tech for these two areas of application is market-ready, as the global market for semiconductor memory is expected to increase by $730 billion by 2024, and the lithium-ion battery category set to exceed $92 billion by that same year.
“Coretec’s technology has always fascinated our team, especially as the battery application alone could revolutionise the electric car industry without changing any major components,” said Simon Calton, CEO of the Carlton James Group. “By adding liquid silicon to lithium-ion batteries, Coretec has experienced an increase in power life of those batteries up to five times, a statistically significant metric, and one that we believe will drive down costs along the supply chain, and ultimately to the consumer. With its intellectual property [and sprinkling of trade secrets] in place, we are confident Coretec will establish itself as a leader in its respective product categories.”
Then CHS to Quantum Dots for other areas of application :
The Coretec Group is also preparing silicon-based materials for areas of adoption including but not limited to quantum dots for drug delivery, solid-state lighting (LEDs), solar energy and Building-Integrated Photovoltaics (BIPV), and printable electronics (asset monitoring).
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