They have developed the Next Generation tech for Lithium Batteries...i.e. Solid State, which is now the future for all Electric Vehicles (Think Tesla: $TSLA )
$TORVF is the USA Symbol for the main company: Volt Carbon Technologies in Canada (TSX-V: VCT).
They will challenge the current major Lithium battery company, which is Quantumscape: $QS (NYSE) trading at $10/share, with a market cap of $3.4 Billion. Quantumscape is using old tech, which $TORVF will be replacing.
$TORVF has also recently (Sept 14, 2022) patented a revolutionary Air Classification System for Graphite Mining. This tech can be used by every Graphite Miner on the planet. And Graphite is HUGE.
Highlights:
Next Generation Lithium Battery: No Thermal Runaway
Production ready -- Simple modification of existing lithium-ion battery production lines results in rapid industry adaptation.
Solid electrolyte separator vs current membrane (which leads to thermal runaway)
Revolutionary air classification system for processing graphite -- Recently Patented on Sept 14, 2022 -- Graphite flake separation done at mining site vs shipping to processing facility. -- Graphite Processing Without Reagents or Wet Tailings