Wednesday, November 23, 2022

#ExploringMining #Podcast 310 - News from (NYSE: $RIO) (NYSEAmerican: $FURY) (TSXV: $KTO.V) (TSXV: $YORK.V)



 

#ExploringMining #Podcast 310 - News from (NYSE: $RIO) (NYSEAmerican: $FURY) (TSXV: $KTO.V) (TSXV: $YORK.V)       

 

Vancouver, Kelowna, Delta, BC, November 23, 2022 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2022/112322-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2022/exploring-mining/11231RIO-FURY-KTO-YORK.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts   

 

Listen to Exploring Mining on Spotify

 

Rio Tinto Group (NYSE:RIO) has announced that it has demonstrated the effectiveness of its low-carbon iron-making process – called BioIron – using ores from its mines in Australia in a small-scale pilot plant in Germany. The company is now planning “the development of a larger-scale pilot plant to further assess its potential to help decarbonise the steel value chain.” Rio Tinto’s Chief Commercial Officer, Alf Barrios, explained:

 

"Finding low-carbon solutions for iron and steelmaking is critical for the world as we tackle the challenges of climate change. Proving BioIron works at this scale is an exciting development given the implications it could have for global decarbonisation. The results from this initial testing phase show great promise and demonstrate that the BioIron process is well suited to Pilbara iron ore fines. BioIron is just one of the pathways we are developing in our decarbonisation work with our customers, universities and industry to reduce carbon emissions right across the steel value chain."

 

Fury Gold Mines Limited (NYSEAmerican:FURY) has reported the results for three core drill holes targeting the “Gap Zone” at the Eau Claire project in the Eeyou Istchee Territory in Quebec, Canada. Drill hole 22EC-058, for instance, “intercepted three zones of gold mineralization across 42.5 metres (m) drilled width including 1.0m of 45.00 g/t Au and 1.0m of 5.55 g/t Au.” Tim Clark, CEO of Fury, said:

 

"The Gap Zone is a highly prospective target for Fury and these results are very encouraging as they have expanded the mineralized footprint at Eau Claire and demonstrate that the deposit is open for significant expansion in a third target area. We are looking forward to the remaining 11 drill holes completed, from the Hinge Target, Eastern Extension, and Percival targets which are pending assay, with results expected in the coming weeks as well as the expansive Geochem survey we completed at our Lac Clarkie project."

 

K2 Gold Corporation (TSXV:KTO) has announced the results of its 2022 rock chip sampling program at its Si2 Gold Project, 60 km northwest of Tonopah Nevada. The company’s President and CEO, Anthony Margarit, said:

 

“The rock sampling results have clearly demonstrated that the Si2 hydrothermal system is extensive, exhibiting strong advanced argillic alteration and mercury anomalism at all key target areas. With the completion of the IP Survey our 2022 exploration program at Si2 is now complete. We look forward to incorporating this final information into our dataset and finalizing targeting for a Q1 2023 drill program."

 

York Harbour Metals Inc. (TSXV:YORK) has just completed its Phase 4 drilling with diamond drill hole 110 (YH22-110), thereby having drilled a total of 19,260 metres since the company first began in July 2021. Bruce Durham, York Harbour’s President and CEO, said:

 

"Phase 4 was the largest drilling campaign for the Company to date. With all the drill data and ongoing geological modelling, we now have a much better understanding of the geology and structure of the mineralized zones. As new geophysical data becomes available from the recently completed induced polarization survey, we can target areas outside the main York Harbour mine area. We expect to recommence drilling with a Phase 5 drill program once we have compiled the Phase 4 results and interpretation of the IP survey data."

 

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Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp 

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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The #AIEye #Podcast - GBT’s (OTC: $GTCH) CTO Discusses How Apollo Computer Vision Technology Augments #AutonomousDriving and has Potential in Many Domains




 

 

The #AIEye #Podcast - GBT’s (OTC: $GTCH) CTO Discusses How Apollo Computer Vision Technology Augments #AutonomousDriving and has Potential in Many Domains

 

#Stocks discussed: (OTCPINK: $GTCH) (NYSE: $XPEV) (NasdaqGS: $MBLY)

 

Vancouver, Kelowna, Delta, BC – November 23, 2022 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) stocks releases a special edition of the AI Eye podcast surveying the computer vision market with an emphasis on its application in autonomous vehicles, featuring an interview with AI innovator GBT Technologies Inc. (OTC PINK:GTCH).

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2022/112122-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/11231GTCH-Apollo-Computer-Vision.asp

 

Watch the video on Youtube:

https://www.youtube.com/watch?v=v36rsPX71Tw

 


Investorideas.com recently spoke with Danny Rittman, CTO of GBT Technologies Inc. (OTC PINK:GTCH), regarding the company’s intelligent, wireless, motion detection patented computer vision technology, codenamed “Apollo.” Rittman and GBT have recently been engaged in testing Apollo, using simulations, to identify obstacles on train tracks. Rittman explained that Apollo’s scope of applicability extended beyond even this.

 

“One of the main things that Apollo can do very well is obstacle detection,” Rittman said. “That isn’t limited to obstacles on train tracks, but applies to cars, motorcycles, underwater, and everywhere.”

 

“Anything a human can’t see, or doesn’t see well from afar, the Apollo can see very quickly, get an alert and even take some action itself,” he added. “This also applies to autonomous vehicles.”

 

Apollo works by sending electromagnetic waves through the air, receiving reflections from objects and living entities, and basically analyzing this information to construct 2D or 3D images.

 

“It basically shoots radio waves to the scanned area, analyzes the reflections that return using an advanced neural network software, and constructs a 3D-image of the scanned area,” Rittman said. “Because Apollo can detect very small volumetric changes, it can easily identify living entities, stationary objects, shapes etc… Because it has been trained to identify objects and situations, it can also quickly [issue] alerts after scanning the area and getting the information.”

 

While the company’s recent testing highlights its usefulness in transportation, its applicability extends to healthcare, security, and many other domains as well. Rittman described the convenience and efficacy of Apollo in different areas.

 

“It’s wearable-less, so people do not have to wear anything,” he said. “You just put a box in the room, it’s about the size of a router. It can [also] see in the dark, count people in a conference room, be installed at an airport and detect concealed objects, identify facial features.”

 

A report published by Allied Market Research finds that globally, the market for computer vision is projected to grow from about $10.8 billion USD in 2021 to roughly $41.1 billion by 2030, registering a compound annual growth rate (CAGR) of 16 percent from 2020-30. The following excerpt from the report’s summary outlines some instances of the growing breadth of the market:

 

“Computer vision applications in the past few years have expanded into various industries and are expected to continue this trend further in the coming years as well. Applications such as facial recognition technology, have been popularized in both public and private sectors as [it’s] being adopted in the common lives of users, thereby creating a lucrative scope for the overall market growth. Moreover, newer applications like product/content discovery systems popularized in the online retail industry are leveraging computer vision systems to help customers’ products on the basis of user submitted images.”

 

Elsewhere in the autonomous vehicle space, XPeng Inc. (NYSE:XPEV), a Chinese electric vehicle (EV) firm, recently unveiled a series of mobility technologies at its fourth annual 1024 Tech Day held at its headquarters in Guangzhou. This included its “next-generation neural network-based perception architecture, closed-loop AI and data management platform, industry leading voice and smart cabin technologies, and the latest developments in its mobility ecosystem, including latest robotaxi, flying car and robotics endeavors.” Xinzhou Wu, Vice President of Autonomous Driving of XPENG, explained:

 

"Our rollout of the City NGP (Navigation Guided Pilot) pilot program in September represented a decisive milestone in the second half of the race to the autonomous driving end-game. Enhancing customer experience through innovation is our ultimate goal. We are implementing the most advanced driver assistance in mass-produced vehicles in complex urban driving environments, a huge leap forward as we work to build our autonomous driving capabilities.

 

More recently, autonomous driving firm Mobileye Global Inc. (NasdaqGS:MBLY), announced that the all-electric multi-purpose vehicle (MPV) ZEEKR 009 from Chinese automotive firm Geely, is applying the Mobileye SuperVision, Mobileye’s most advanced driver-assistance system. Supervision boasts such features as “autonomous lane changing, adaptive cruise control, comprehensive surround emergency assist, advanced traffic sign and light recognition, front and rear collision avoidance, and evasive maneuver assist.”

 

Rittman, however, adds that GBT’s Apollo still improves on existing AI and computer vision solutions in autonomous driving.

 

“We already see cars flooded with sensors, we have ultrasonic, lidar etc. and they all work well,” he said. “But we believe that Apollo takes it one step further. Apollo doesn’t depend on things like weather conditions or light visibility. It works anywhere, anytime, is fast and gives real time information.”

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

About GBT Technologies Inc.

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: GTCH is a paid featured monthly AI stock on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Tuesday, November 22, 2022

#AIEye #Podcast 739: #Stocks discussed: (OTCPINK: $GTCH) (OTCQB: $LZGI)



 

 

#AIEye #Podcast 739: #Stocks discussed: (OTCPINK: $GTCH) (OTCQB: $LZGI)

 

GBT Evaluating AI-Driven Tech for Social Media, and FatBrain AI Begins Process to Uplist to NYSE

 

Global #AIaaS Market to Reach $96B in 2030

 

Vancouver, Kelowna, Delta, BC – November 22, 2022  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence – featuring technology companies GBT Technologies Inc. (OTCPINK:GTCH) and LZG International Inc. (Fatbrain AI) (OTC:LZGI).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2022/112222-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/11221GTCH-LZGI.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (OTCQB:LZGI)

 

GBT Technologies Inc. (OTC PINK:GTCH) has announced that it is evaluating the implementation of its intelligent financial and database management technologies for social media applications. Specifically, this involves the company’s AI driven, credit cards management systems, wherein “transactions are monitored, tracked and secured by an artificial intelligence engine to ensure efficiency, user's highest financial benefit and future planning.” Danny Rittman, GBT’s CTO, said:

 

“Our AI controlled, financial transaction management system is targeted to automatically assist users with their monetary decisions and security by monitoring the user's accounts and selecting the best debit choice according to the transaction's characteristics at that time.”

 

LZG International Inc. (FatBrain AI) (OTCQB:LZGI) has begun the process to "uplist" its shares of common stock from the OTC Markets Group Inc.'s OTCQB Venture Market to the New York Stock Exchange. This follows “significant growth” brought on by the company’s “expanded distribution, corporate strategy and powerful product offering,” according to the press release. Peter B. Ritz, co-founder and CEO of FatBrain AI, explained:

 

"We've realized our 2023 growth objectives in 2022. Our controls, governance and revenues are advancing to levels appropriate for broader institutional scrutiny. We're delighted to welcome the new investor audience, which a potential NYSE listing would afford us and our growth. Our vision is to continue growing organically, boosted with strategic expansion through acquisitions and joint ventures - again striving to attain projected 2024 results in 2023."

 

Global AIaaS Market to Reach $96B in 2030

 

A report published by Grand View Research finds that the global Artificial Intelligence as a Service (AIaaS) market is projected to grow from $5.6 billion USD in 2021 to $96.0 billion in 2030, registering a compound annual growth rate (CAGR) of 37.1 percent in the forecast period 2022-30. The following excerpt from the report’s summary outlines the role of machine learning technology in the market’s growth:

 

The machine learning segment led the market in 2021, accounting for over 35% share of the global revenue. Machine learning platforms, such as reinforcement machine learning algorithms, supervised machine learning algorithms and unsupervised machine learning algorithms, are primarily concerned with developing computer systems that can access data and use it for self-learning. Machine learning algorithms, methodologies, and frameworks enable businesses to tackle complex problems fast. Furthermore, the most successful firms and industries plan and create new concepts and strategies to reduce workload.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

About GBT Technologies Inc.

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

About FatBrain AI (LZG International, Inc.)

                   

FatBrain AI (LZG International, Inc.; OTC: LZGI) provides powerful and easy-to-use AI solutions to empower the star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy. FatBrain's AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain's subscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud.

                   

For more information, please visit: https://www.fatbrain.ai

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

The Investorideas.com podcasts are also available on Apple Podcasts ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts  and most audio platforms available.

Visit the Podcast page at Investorideas.com: https://www.investorideas.com/Audio/

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp Disclosure: LZGI is a paid featured AI stock Disclosure: GTCH is a paid featured AI stock

 

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

 

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Better #Batteries- Safer and more Efficient Options in Demand: (NASDAQ: $KULR) (NYSE: $GM) (NASDAQ: $MMAT) (NASDAQ: $ENVX) @KULRTech @GM @Metamaterialtec @Enovix3D

Better #Batteries- Safer and more Efficient Options in Demand: (NASDAQ: $KULR) (NYSE: $GM) (NASDAQ: $MMAT) (NASDAQ: $ENVX) @KULRTech @GM @Metamaterialtec @Enovix3D

 

Vancouver, Kelowna, Delta, BC –November 22, 2022 - Investorideas.com, a leading investor news resource covering EV manufacturers, energy and battery stocks releases a special report  on the growing demand for safer and more efficient battery options featuring KULR Technology Group, Inc. (NYSE: KULR). As EV production ramps up, we also see an “electrification” of the world agenda in an attempt to move away from traditional fossil fuel options.

 

Read this Article featuring $KULR in full at https://www.investorideas.com/news/2022/renewable-energy/11221KULR-Battery.asp

According to an S&P Global Future of Copper report, the world may face a shortfall of between 1.6 and 9.9 million tons of copper by 2035. Even under an optimistic scenario, supply would not meet the copper demand required for net-zero emissions by 2050. An EV requires 2.5 times more copper than an ICE vehicle and the forecasted supply shortage needs a better solution than more mining. Current collectors used on the cathode and anode are made from aluminum and copper foils, respectively, and together contribute about 15% of the weight of the battery cell; the heavier copper material accounts for more than 10%.

 

This follows a general trend of global battery needs and demands seen in other recent reports saying that, “According to the latest research study, the demand for global Sodium Ion Battery Market size & share was valued at approximately USD 1120 Million in 2021 and is expected to reach USD 1317 Million in 2022 and is expected to reach a value of around USD 2899 Million by 2030, at a compound annual growth rate (CAGR) of about 11.8% during the forecast period 2022 to 2030.”

 

KULR Technology Group, Inc. (NYSE: KULR), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, recently announced the launch of its new CubeSat SmallSat Lithium-ion (Li-ion) battery pack format to further support the NASA space program and launch of Artemis. From the International Space Station and the Mars Rover Perseverance mission to the new Artemis Space Program, KULR continues its close relationship and contract with NASA helping to ensure the safety of battery systems, flight, and the exploration of space.

 

From the news: With an industry-leading position in safe battery design and testing, and as a major player in the current global electrification movement, KULR is one of few companies that has successfully achieved the stringent requirements and rigorous testing set forth by the JSC 20793 Revision D safety standard created by NASA crewed space missions. This qualification allows for KULR’s products and solutions to be utilized for the Artemis missions as well as other forthcoming, critical voyages. And, as a result of today’s mission success, KULR has established a deepened proof of concept, positioning itself to offer this battery format to customers across various commercial applications. KULR expects to begin accepting consumer orders in Q1 of 2023.

 

This follows the company’s previous announcement of entering into an agreement to provide its internal short circuit (“ISC”) battery safety and testing device to the largest automotive manufacturer in the United States. Additional information regarding the Customer pipeline can be found in the Company's latest 10-Q filing.

 

The internal short circuit testing solution reliably creates thermal runaway in lithium-ion battery trigger cells in controlled, laboratory conditions. The device does not rely on mechanically damaging the battery exterior to activate the short, as do most of the other evaluation methodologies, but instead triggers a true internal short. This makes it possible to accurately pinpoint and fix problems leading to malfunctions. This superior testing method allows KULR and its customers to more effectively test the next generation of EV batteries and bring more reliable and safer battery systems to market in a faster and more cost-effective manner.

 

The ISC technology received the prestigious R&D 100 Award in 2016 and was the runner-up for NASA invention of the year in 2017.

 

“We are at the beginning of the electrification movement and it's great to see a global automotive company fully embrace the strategic value of better testing for designing the next wave of EV battery systems,” said Michael Mo, CEO at KULR Technology. “Particularly in the wake of Hurricane Ian and the continued destruction that was caused by the explosion of EV batteries in areas affected by the storm, solutions like KULR’s ISC device are more important than ever at ensuring consumer safety across a variety of industries including electric vehicles, electric vertical take-off and landing aircrafts, maritime and more.”

 

In their recent 10Q  the company reported, “The KULR sales and marketing team has expanded its customer engagements through direct sales and their Manufacturer’s Representative team to support some East Coast customers. KULR had over 300 customer engagements by the end of Q3 2022 with some of the world’s largest industrial and commercial companies such as Lockheed Martin (NYSE: LMT) , Ball Aerospace, subsidiary of Ball Corporation (NYSE: BALL) , SAFT, subsidiary of  TotalEnergies SE (NYSE: TTE) , General Motors (NYSE: GM), Cirba, Redwood Materials, Leidos Holdings (NYSE: LDOS) , Meta Platforms Inc. (NASDAQ: META), Viridi and BOSCH. As we continue to expand our relationship with major partners such as Lockheed Martin across their product portfolio, it is expected they will be able to cross-sell and up-sell their total solution package to these customers.”

 

A recent news article in Energy and Storage, reports that General Motors Company (NYSE: GM) is partnering with one of California’s main investor-owned utilities (IOUs), Utility San Diego Gas & Electric (SDG&E), which serves 3.7 million people, to explore the potential of vehicle-to-grid and vehicle-to-home battery integration.

 

Continued: They plan to investigate the feasibility of integrating bi-directional electric vehicles (EVs) to act as an energy resource for the grid. That includes looking at the various considerations for hardware, software, processes and construction required to enable vehicle-to-grid (V2G), where energy stored in vehicles can be leveraged for the network.

 

It closely follows the launch by carmaker GM last month of a dedicated energy storage division, called GM Energy. GM Energy is offering products to the residential and commercial and industrial (C&I) battery storage market segments, along with EV charging, powered with lithium battery cells from Ultium, the company’s joint venture (JV) with LG.

 

The collaboration comes amid a wave of exploratory and pilot activity in the vehicle-to-x sector. Pacific Gas & Electric (PG&E), another of California’s IOUs, recently established the US’ first dynamic export mechanism for commercial vehicle V2G charging.

 

Meta Materials Inc. (NASDAQ:MMAT) is also looking into the EV space having recently announced it has entered into a Memorandum of Understanding ("MOU") in partnership with DuPont Teijin Films and Mitsubishi Electric Europe. Using META's PLASMAfusion®, the parties plan to scale a proprietary, high volume, roll-to-roll manufacturing system for film-based, coated copper current collectors. The film-based products will reduce battery weight and cost, improve energy efficiency, extend vehicle range, and enhance safety against the risk of battery fires (known as thermal runaway) compared to standard Li-Ion batteries for electric vehicles and other use cases.

 

"Current Li-Ion battery innovations focus mainly on extending battery range and life span. With today's climate crisis and the increased demand for Electric Vehicles, a next generation Li-Ion battery is required that is more sustainable and safer," said George Palikaras, META's President and CEO. "We are excited to form a strategic alliance with Dupont Teijin Films and Mitsubishi Electric Europe focused on scaling PLASMAfusion® in a proprietary high volume battery coating system that can reduce copper volume and provide superior functionality, reduced cost, and improved battery safety."

 

From the news :The MOU is focused on developing battery materials, such as coated copper current collectors and solid-state battery electrodes, as a multi-year project in several stages: a pilot-scale roll-to-roll system, to be followed by an industrial scale mass production line, and further development of the application to the production of solid-state batteries. META will contribute the PLASMAfusion® technology platform, system development and independent testing of finished cells; DuPont Teijin Films will develop and supply the polyester substrates, and Mitsubishi Electric Europe will contribute automation technology, expertise, and interface to machine builders.

 

Continued: META's PLASMAfusion® technology has already been demonstrated in a project funded by the UK Research and Innovation Faraday Battery Challenge. Thin layers of copper are deposited on both sides of a polyester substrate, reducing the weight of the current collector by up to 80%. Lighter weight increases energy density, extending vehicle range. The polyester inner layer acts like a fuse, helping to inhibit thermal runaway. This new battery technology can reduce the dependence on copper that is needed for the other parts of electric vehicles. With copper consumption in electric vehicles predicted to increase to 4 million tons annually by 2040, this innovation could save millions of tons of copper.

 

Enovix Corporation (NASDAQ: ENVX) also remains on trend having recently announced that it has placed the remaining purchase orders for the laser patterning and assembly line equipment of its Gen2 Autoline.

 

The Gen2 Autoline represents a step-change improvement in manufacturing of Enovix cells, with up to 10x faster throughput and a 6x improvement in changeover speeds for different size batteries relative to the Gen1 production line that went into service earlier this year in Fremont. The Gen2 Autoline will be the “copy exact” platform from which the company plans to scale up production to meet the strong demand for its advanced batteries.

 

“We prioritized getting Gen2 right with the knowledge that we have to move fast to capitalize on our opportunity to deliver a game-changing battery in an industry starved for innovation,” said Harrold Rust, Enovix Co-founder and CEO. “I’m pleased that our team has delivered on the commitment we made in our last quarterly earnings call to get these critical Gen2 purchase orders placed swiftly.”

 

Whether we are looking at long-time auto manufacturers like GM and their new energy/battery demands, or companies like KULR Technology Group working with NASA on the Artemis Project, our global and local battery needs are both a possible risk for our growingly battery dependent world and a great boon for battery manufacturers. Every crisis creates an opportunity and as EV’s continue to gain market share alongside much more ambitious projects that are literally out of this world, there is a real need for batteries that are easy to produce at scale while remaining efficient and safe.

 

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