Because Coretec moved out of their wet lab, some think they must have stopped working on Endurion. The most likely reason is that they are working with partners after delivering Endurion material for evaluation in 2024, as they stated in the Shareholder Call.
Here is a statement from Dr. Ramez Elgammal in an interview with EV Pulse in early 2024. He is always careful about what he says. “We do have plans for later this year to start providing materials to third parties for evaluation,” said Elgammal, but “the overall business model right now is either to look at licensing opportunities for the technology or think about forming partnerships.” EV Pulse
This post and the next will explain a bit about how this works.
Coretec moved out of their wet lab, “333 Jackson Plaza STE 460 Ann Arbor, MI 48103” in late 2024 or January 2025, and they are no longer there. Would they need a lab or a partner site under JDA?
1. If Coretec truly moved out of the wet lab, what does that imply? A wet lab is required for: - slurry formulation - silicon-coating experiments - binder/SEI chemistry - half-cell and coin-cell assembly - materials characterization (SEM, TEM, XRD, BET, etc.) - electrolyte compatibility testing If they no longer occupy 333 Jackson Plaza and have no replacement lab, then one of the following must be true:
Scenario A — They shifted to a partner lab (JDA or evaluation partner) This is extremely common in the battery industry. Companies at this stage often: - shut down internal labs - move R&D into partner facilities - rely on university, national lab, or industrial partner equipment - focus internal resources on IP, scale-up, and business development
Scenario B — They are preparing for a JDA and paused internal lab work If they are in active discussions with: - Daejoo - Hansol - POSCO Future M - SK On - LGES …then shutting down a small internal lab is normal. Partners prefer to run validation on their own equipment, not the startup’s.
Scenario C — They are outsourcing all experimental work This is also common: - Contract labs - University research groups - National labs - Toll-manufacturing pilot lines This reduces overhead and accelerates manufacturability testing.
2. Would they need a lab to execute a JDA?
Short answer: No — not if the JDA partner provides the lab. In fact, most JDAs in the battery industry work like this: - The startup provides the IP + precursor material - The partner provides the lab, pilot line, and testing infrastructure This is exactly how: - Sila partnered with BMW - Group14 partnered with SK - Amprius partnered with Airbus - Enovix partnered with multiple OEMs The partner’s lab becomes the primary development site.
Why partners prefer this model - They want to validate the material on their own equipment - They want to control process engineering - They want to ensure scalability - They want to protect their own IP boundaries So: No, Coretec does not need its own lab to execute a JDA.
Market Data 
Markets 
AI
