Business
American Resources Corporation's Affiliated Company, Novusterra Inc., Announces Strategic Partnership with Kenai Defense, Texas Tech University, to Support U.S. Army Objectives
Novusterra's patented technology will be further developed and implemented through a research and development investment by the United States ArmyFISHERS, IN
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[{"type":"text","content":"Novusterra's patented technology will be further developed and implemented through a research and development investment by the United States ArmyFISHERS, IN / ACCESSWIRE / February 13, 2024 / American Resources Corporation (NASDAQ:AREC) (\"American Resources\" or the \"Company\"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that their affiliated company, Novusterra Inc. (Private) (\"Novusterra\") a company specializing in the development and production of carbon nanomaterials and graphene for the infrastructure, agriculture, electrification economy, and national security announced today that the United States Army will be using its patented technology to develop greater protection of sensitive technologies. Through this collaborative partnership between Novusterra, Texas Tech University (its academic research partner), and under subcontract with Kenai Defense (a prime defense contractor with a focus on material technology development), the parties will further develop Novusterra's patents for the production of carbon nanostructures and graphene utilizing coal as its primary, low-cost feedstock for next-generation defense applications.Greg Jensen, CEO of Novusterra commented, \"We are honored to serve alongside our partners at Kenai Defense and Texas Tech University as we further develop our exclusively licensed patents to better serve our beloved United States Army and provide greater protection for their sensitive technologies. We look forward to supporting Kenai Defense and the United States Army as we work to provide low-cost carbon nanomaterial that will be utilized in national security-focused applications.\"Novusterra continues its impressive growth of developing advanced applications that commercialize its exclusively licensed patents to produce carbon nanomaterials and graphene from low-cost, carbon-based feedstocks. Graphene is an allotrope of carbon consisting of a single layer of atoms arranged in a two-dimensional honeycomb lattice nanostructure. Graphene is extremely thin and extremely light yet harder than diamonds. Graphene has become a valuable and useful nanomaterial due to its exceptionally high tensile strength, electrical conductivity, transparency, and ...