Business
The Coretec Group to Host a Shareholder Call on May 18 to Provide an Update on its Endurion Battery Development Program for Electric Vehicles
The Coretec Group to Host a Shareholder Call on May 18 to Provide an Update on its Endurion Battery Development Program for Electric Vehicles.
About this update from The Coretec Group Inc.
[{"type":"text","content":"\n ANN ARBOR, Mich., May 11, 2023 (GLOBE NEWSWIRE) -- The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, will host a shareholder call at 10:00 a.m. EST on Thursday, May 18, 2023, to discuss the achievements and progress of its Endurion battery program, while also providing insights into the innovation and commercialization goals the Company seeks to achieve throughout the rest of the year. Endurion applies the Company’s expertise in silicon nanoparticles to the development of silicon anodes for lithium-ion batteries that charge faster and last longer than the current industry standard. On the call, the Company will discuss the significant progress Endurion has made in recent months, as well as the strategies intended to commercialize its product. These efforts include R&D, developing key partnerships with industry players, and the importance and capabilities of its recently-filed provisional patent. The patent identifies three distinct strategies to extend the life and increase energy density of lithium-ion batteries, with an emphasis on manufacturing scalability. The Coretec Group will also review other 2023 milestones and events, including hosting an EV industry panel discussion with peer companies, Graphex Group and Blink Charging. Company scientists have also spent productive time attending key industry conferences, such as JCESR and NAATBatt, where they liaised with and learned from many of the brightest minds in the battery sector. The Company worked with outside battery labs, including the University of Michigan Battery Lab and Polaris, where they collaborated with in-house battery development teams on vital new strategies for Endurion. Chief Executive Officer Matthew Kappers, Chief Technology Officer Dr. Ramez Elgammal, Ph.D., and VP of Partnerships & Development Dr. Michelle Tokarz, Ph.D., will discuss the company’s recent achievements and future plans, in addition to answering questions submitted from the investment community and news media. To submit questions for the hour-long shareholder call, please send an email to [email protected] by 5 p.m. EST on Tuesday, May 16, 2023. Participants/Audience Webcast link: https://edge.media-server.com/mmc/...