Coretec Group Inc (CRTG)

[Testpilot]

Pegs1

The following quote from the article sums up the current barriers the flow battery technology is up against. I believe CRTG will partner and license out the active anode material that the Endurion project provides this year. The flow battery technology may become a substitution threat by 2030 according to the article.

“Two possible barriers block the technology’s ascent: market forces and competing technologies.
Lithium-ion batteries are a mature technology and have a developed market. Hundreds of billions of dollars are being poured into the development and improvement of lithium batteries of all types, with governments underwriting much of the investment. For instance, DARPA, the Department of Energy, and the National Science Foundation are working with a host of companies to overcome the limitations of lithium batteries. Government research organizations in the EU, South Korea, and elsewhere are funding similar research. “