Coretec Group Inc (CRTG)

[Testpilot]

Walrus,

Here’s the narrative on partnering with semiconductor companies:

“CHS has desirable properties because of its liquid state and low deposition temperature, which is attractive to semiconductor companies. It will require significant buy-ins of CHS. CHS funding will help assist us in refining cost-effective processes to manufacture CHS at scale. We are currently in discussions with a couple of companies with whom we could jointly apply for CHIPS funding.”

“ The U.S. Government is committed to clean energy and domestic semiconductor development. In the past year, Congress has passed The CHIPS Act and the Inflation Reduction Act, as well as its normal budget for R&D development through the Departments of Energy and Defense. As guidance and funding is rolled out over the next year for The CHIPS Act and IRA Acts, we will be pursuing it. Currently, we are preparing letters of intent for DoE and DoD requests.”