From the news release about the conference call I noticed that the article highlighted Space Exploration as an application along with mobile devices and Electric cars. Theion said their first battery targets space exploration and mobile tech first then EVs. Theion has a battery that has a lithium metal foil anode I believe that's Gen 1 of 4 they said they will have. Gen 2 could be the silicon anode battery that the patent describes published march 23 , 2022 at patent guru . That patent was first filed Sept of 2020 one month before Coretec announced their partnership with theion. Now almost 2 years later that patent is updated and published with the built in artificial SEI layer and has a liquid silicon precursor and polymer . Sounds like Coretec and Theion developed this battery. We need to get an update at the conference call on this.
From the news release last week .
The Coretec Group is developing a lithium-ion battery with a silicon anode that will improve battery cycling stability, enable longer run times, and allow for greater energy density in applications such as electric vehicles, mobile devices, and space exploration. The shareholder call will provide background and an update on the Company’s progress in its battery development.
Coretec last November conference call talked about the quickest way to revenue would be to complete a partnership or acquisition with a company in the battery field . I wonder if Coretec and Theion would merge ? Theions first battery would be there own it looks like from the Forbes article and the next gen 2 or 3 could be a battery with Coetecs silicon in it ?? Don't know . I guess I'm assuming Theirs lithium metal foil anode has no silicon ? onset sound like it . Coretec said it would be revenue above and beyond their own tech if I remember if they were involved in an aquisition . It will all play out in time and hopefully the conference call will be mid April !
