Business
The Carlton James Group first-backed technology company The Coretec Group (OTCQB: CRTG) goes from strength to strength following the release of its video demonstrating the process and market potential for Endurion, its Lithium-ion based silicon battery pr
The Carlton James Group first-backed technology company The Coretec Group (OTCQB: CRTG) goes from strength to strength following the release of its video demonstrating the process and market potential for Endurion, its Lithium-ion based silicon battery pr.
About this update from The Coretec Group Inc.
[{"type":"text","content":"\n The Coretec Group’s development of its own unique chemical materials shows unicorn potential with their Endurion battery. Releasing an explainer video that shows that the battery has the potential to significantly increase longevity, speed of charge, and storage capacity of lithium batteries. This complementary technology could revolutionise the battery sector without the need for a complete overhaul of the industry. The Coretec Group is aiming its resources at the Electric Vehicle (EV) market place and as a result is gaining the attention worldwide of major EV manufacturers.  Heavy reliance on batteries for future sustainability is driving the global lithium silicon battery market, one that is estimated to grow from $10m USD in 2022 to $247m USD by 2030. This growth is why investment in complementary technology is a core objective of the Carlton James Diversified Alpha Fund strategy. ROYAL WOOTTON BASSETT, United Kingdom, Dec. 16, 2022 (GLOBE NEWSWIRE) -- The Carlton James Group, an investment management group specialising in recession-resistant portfolios and venture debt, is excited to see its first-backed technology company, The Coretec Group, achieving yet another of its milestones with the successful progress of its Endurion lithium silicon battery program. To learn more about The Coretec Group, please watch this short informative video. The Coretec (CRTG) journey with the Carlton James Group started in 2016, as The Coretec Group became the first major technology sector lending investment for Carlton James. From the very beginning, Carlton James Group saw the clear potential of the engineering expertise within The Coretec Group, and its potential for adding value to the EV and energy supply chain. Since then, The Coretec Group has gone from strength to strength, with acquisitions, a reverse-merger, and a growing team of engineers, expanding the expertise of their unique chemical developments. This has enabled more research & development to be undertaken by The Coretec Group in this extremely high value sector. The launch of its Endurion battery program in early 2022 saw a natural progression that has led to contact from some of the world’s leading electric vehicle manufacturers, opening doors for The Coretec Group to become leaders in the field of EV lithium silicon battery technology. In the f...