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
Revenue Streams:
1. Next Generation Lithium Battery Manufacturing. 2. Graphite Air Classification process leased to Mining Companies. 3. They have Mining assets that can produce Graphite for sale. 4. Also they have rare earth metal mines.