Friday, May 03, 2024

Breaking Cleantech Stock News: dynaCERT's (TSX: $DYA.TO) (OTCQX: $DYFSF) Appointment of Dr. James Tansey Signals Commitment in Carbon Credit Innovation; @dynaCERT

Breaking Cleantech Stock News: dynaCERT's (TSX: $DYA.TO) (OTCQX: $DYFSF) Appointment of Dr. James Tansey Signals Commitment in Carbon Credit Innovation; @dynaCERT

 


TORONTO - May 3, 2024 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce the appointment of Dr. James Damien Tansey as a director of the Company.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of dynaCERT Inc.

Read this news, featuring DYA in full at https://www.investorideas.com/news/2024/05031DYA-Dr-James-Tansey.asp

 

Originally trained in environmental sciences, Dr. Tansey brings 20 years of experience at the interface of university research and the private sector. He also brings to dynaCERT expertise in carbon markets, clean technology, social acceptability of novel technologies, impact investing and social innovation. Dr. Tansey has also been an advisor and investor in early stage companies including Gemina Labs, Exro Technologies, Syniad Innovations Inc. and Charitable Impact. He was founder of NatureBank Asset Management and previously CIO of Global Sustainable Capital Management (UK).

 

Dr. Tansey is the CEO and a Director of Carbon Done Right Developments, Vancouver BC (TSX:V KLX), a public company focused on the development of carbon credits from nature based solutions which to date has developed a portfolio of over 43Mt of carbon credits.

 

Dr. Tansey is also currently Associate Professor of the Sauder School of Business, University of British Columbia where he established the Centre for Social Innovation and Impact Investing. He has served as an advisor to the BC Government on Clean Energy strategy and Social Enterprise and was a Committee member for the Federal Social Innovation and Social Finance Advisory Task Force that launched the $755 Million social finance fund.

 

As CEO and Founder of NatureBank Asset Management he established one of the largest carbon market development companies in Canada and helped establish two of the largest forest carbon projects in the world: Great Bear Rainforest and Mai Ndombe in the DRC. The Company delivered the world's first carbon neutral Olympics in 2010 in Vancouver, Canada. Until 2006, he was Deputy Director and Lecturer at James Martin Institute, Saïd Business School at Oxford. Dr. Tansey was also Senior Research Associate of the University of British Columbia and led projects on scenario modelling, impact of genomics and social determinants of health.

 

Dr. Tansey holds a Ph.D. in Sociology of Risk from the School of Environmental Sciences, University of East Anglia; a B.Sc. in Environmental Sciences from the University of East Anglia and an International Baccalaureate from Atlantic College. Dr. Tansey was granted the Queen Elizabeth Diamond Jubilee Medal for environmental contributions to the Province (2013) and was included in the Top 40 under 40 and a Finalist with the Ernst and Young Entrepreneur of the Year.

 

Dr. James Tansey, director of dynaCERT, stated, "dynaCERT's development of proprietary technology aimed at reducing carbon emissions will benefit our world for generations to come. dynaCERT's professional management has a profound understanding of the latest developments and trends in the hydrogen marketplace and is poised to continue advancing as a global leader in this space. I am eager to work alongside dynaCERT's world-class team and being part of a company that is advancing hydrogen innovations."

 

Jim Payne, President and CEO of dynaCERT stated, "The dynaCERT Board of Directors is very pleased to welcome Dr. James Tansey as a director of the Company. Dr. Tansey has the proven track record to support dynaCERT in its upcoming Carbon Credit programme which will benefit all our clients by providing an annual stream of income to users of our HydraGEN™ technology in addition to reducing fuel costs. Our entire Company, our stakeholders, clients, dealers and shareholders are joining me in greeting Dr. Tansey as a dynamic strong supporter of the furtherance of our hydrogen technology on a global scale across many industries world-wide."

 

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.

 

READER ADVISORY

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, information relating to Jeff Zajac cannot be independently verified. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

 

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

 

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

 

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

On Behalf of the Board
Murray James Payne, CEO

 

Contacts

For more information:
Jim Payne, CEO & President
dynaCERT Inc.
#101 - 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

 

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

 

dynaCERT Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on Investorideas.com

 

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Thursday, May 02, 2024

Breaking AI Stock News: Alset Capital Inc. (TSXV: $KSUM.V; OTC: $ALSCF) Expands US Investor Reach with OTC Listing Under Symbol ALSCF; @AlsetAI

Breaking AI Stock News: Alset Capital Inc. (TSXV: $KSUM.V; OTC: $ALSCFExpands US Investor Reach with OTC Listing Under Symbol ALSCF; @AlsetAI

 

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES

 

Company's common shares available for trading on U.S exchange

 


VANCOUVER, BC, May 2, 2024, (Investorideas.com Newswire) Alset Capital Inc. (TSXV:KSUM(OTC:ALSCF) (FSE:1R60, WKN:A3ESVQ) ("Alset" or the "Company") is pleased to announce that its common shares have commenced trading on the OTC Pink Market (the "OTC") under the symbol "ALSCF" effective April 26, 2024. The Company has also received The Depository Trust Company (the "DTC") eligibility in the United States, thus allowing the Company's stock to be more easily traded by and accessible to US institutional and retail investors. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol KSUM.

 This news is  paid advertisement/ news disseminated on behalf of/issued on behalf of Alset Capital Inc

Read this in full at https://www.investorideas.com/news/2024/technology/05021KSUM-OTC-Listing-ALSCF.asp

 

"Listing Alset on the OTC market and making our shares DTC eligible marks another milestone toward enabling more investors to be part of our ongoing progress. With both DTC eligibility and listing on the OTC, trading of Alset's shares will be easier and made possible to a wider investor audience in the United States," said Morgan Good, CEO of Alset. "After completing our fully subscribed C$6 million financing in March, closing significant cloud compute leasing and high-performance computing distribution contracts with cumulative revenue expectations of C$7.8M to date, and continuing to scale our business leveraging multiple unique relationships and partnerships with notable US-based strategic partners, we feel confident about our ability to generate value for our shareholders and improve stock liquidity. This listing enables us to deepen and widen awareness of the unfolding Alset story among both institutional and retail investors in the US."

 

The OTC Pink Market allows early-stage and developing companies the benefit of being publicly traded in the United States. The Company expects that listing on the OTC Pink Market and DTC eligibility will provide greater visibility and convenience of trading for U.S. investors, resulting in enhanced U.S. trading liquidity and greater reach.

 

The common shares are also eligible for electronic clearing and settlement in the United States through the DTC. DTC eligibility is expected to simplify the process of trading and to enhance liquidity of the Shares in the United States. DTC is a subsidiary of the Depository Trust & Clearing Corp., a US company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be DTC eligible. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

 

On behalf of Alset Capital Inc.

 

"Morgan Good"

 

Morgan Good

Chief Executive Officer

 

About Alset Capital Inc.

Alset Capital Inc. is an investment issuer that is focused on investment in diversified industries such as technology, healthcare, industrial, special situations, operating businesses through both debt and equity using cash resources or shares in its capital. The Company is led by an experienced, entrepreneurial group of executives having a diverse industry and capital markets background.

 

Alset Capital Inc.'s investment portfolio comprises 49% ownership of Cedarcross International Technologies Inc. and 49% ownership of Vertex AI Ventures Inc.

 

About Cedarcross International Technologies Inc.

Cedarcross is an Artificial Intelligence cloud computing provider, with a vision of becoming one of Canada's largest AI compute providers. The Company is dedicated to democratizing access to cutting-edge AI computing, offering access to the world's fastest AI servers powered by Nvidia's H100 HGX 8GPU Servers. Focused on leasing compute resources to enterprise clients, Cedarcross anticipates significant revenue growth.

 

For further information about Alset Capital Inc., please contact:

Morgan Good, CEO and Director

T: 604.715.4751

E: morgan@alsetai.com

 

Cautionary Note regarding Forward Looking Statements

Certain statements in this press release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the perceived benefits to the Company and investors stemming from the OTC listing and DTC eligibility.These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors, which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE: Alset Capital Inc.

 

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: Alset Capital Inc. is a paid featured AI stock on Investorideas.com effective April 20, 2024, More info https://www.investorideas.com/About/News/Clientspecifics.asp

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Wednesday, May 01, 2024

New to the Market - Life Sciences IPOs; (Nasdaq: $MNDR) (NYSE: $PACS) (Nasdaq: $CTNM)

New to the Market - Life Sciences IPOs; (Nasdaq: $MNDR) (NYSE: $PACS) (Nasdaq: $CTNM)

 

Tech and Automotive IPOs; (NYSE: $ULS) (Nasdaq: $MAMO) to Watch

 



 

 

May 1, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks – all recent IPO’s.

 

Read this in full at https://www.investorideas.com/news/2024/main/05011Stocks.asp

 

According to BNNBloomberg- “The US presidential election in November is set to have an impact on the re-awakening market for initial public offerings, squeezing the number of weeks available this year for companies to go public.”

 

“The potential for an outsized election-year slowdown comes as IPOs are back to a steady clip following an extended drought. Companies this year have raised more than $13.7 billion on US exchanges, lapping the amount raised in the same period in 2023.

 

Investor Ideas is always researching and searching for new stocks to add to our growing list of free stock directories. The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.”

 

New Stocks Added to the Biotech Directories:

Mobile-health Network Solutions (Nasdaq:MNDR) Ranked #41 in Financial Times 2024 listing of 500 High-growth Asia-Pacific Companies, we are the first telehealth provider from the Asia-Pacific region to be listed in the US. Through our MaNaDr platform, we offer personalized and reliable medical attention to users worldwide. Our platform allows our community of healthcare providers to have a broader reach to users through virtual clinics without any start-up costs and the ability to connect to a global network of peer-to-peer support groups and partners. Our range of seamless and hassle-free telehealth solutions includes teleconsultation services, prescription fulfillment and other personalized services such as weight management programs and gender-specific care.

 

PACS Group, Inc. (NYSE:PACS) is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services. Founded in 2013, PACS is one of the largest post-acute platforms in the United States. Its independent subsidiaries operate over 200 post-acute care facilities across nine states serving over 20,000 patients daily.

 

Contineum Therapeutics, Inc. (Nasdaq:CTNM) is a clinical stage biopharmaceutical company focused on discovering and developing novel, oral small molecule therapies for neuroscience, inflammation and immunology (NI&I) indications with high unmet need. Contineum is focused on targeting biological pathways associated with specific clinical impairments, that the Company believes, once modulated, can demonstrably impact the course of disease. The Company has a pipeline of internally-developed programs to address multiple NI&I disorders, including PIPE-791, an LPA1 receptor antagonist, in Phase 1 clinical trials for idiopathic pulmonary fibrosis and progressive multiple sclerosis, and PIPE-307, a selective inhibitor of the M1 receptor in a Phase 2 clinical trial for relapse-remitting multiple sclerosis. Contineum is developing PIPE-307 in collaboration with Johnson & Johnson Innovative Medicines.

 

New Stocks Added to the Tech Directories:

UL Solutions Inc. (NYSE:ULS) A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers’ products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains and grow sustainably and responsibly into the future.

 

New Stocks Added to the Automotive Directories:

Massimo Group (Nasdaq:MAMO) offers some of the most beloved and highly valued UTVs, off-road vehicles, and road vehicles in the industry. At the same time, it provides custom customers with the highest level of high-power electric engine units in the industry, and is the first yacht manufacturer in the United States to provide high-power electric engines. It has very successful marketing and management experience in UTV utility terrain vehicles, ATV and V Bike sharing bikes in the US market. MASSIMO is also developing electric versions of its driverless cars, golf carts and pontoon boats.

 

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Stocks to Watch in the Evolution of Batteries - (NYSE American: $KULR) (Nasdaq: $ENVX) (NYSE: $SES) (NYSE: $QS) @KULRTech @EnovixBatteries @ses_ai @QuantumScapeCo

Stocks to Watch in the Evolution of Batteries - (NYSE American: $KULR) (Nasdaq: $ENVX) (NYSE: $SES) (NYSE: $QS) @KULRTech @EnovixBatteries @ses_ai @QuantumScapeCo

   


May 1, 2024- Investorideas.com, a go-to investing platform covering battery stocks releases a news report drilling down on developments for better batteries, featuring KULR Technology Group, Inc.  (NYSE American: KULR), a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy.

 

Read this article, featuring KULR in full at https://www.investorideas.com/news/2024/renewable-energy/05011Evolution-of-Batteries.asp

 

For investors that use the ‘Follow the Money’ strategy, the big guys are betting that silicon will address some of the limitations of lithium batteries the industry is facing.

 

According to a recent article on CNBC, “Porsche, Mercedes and GM are betting on silicon-anode batteries. Batteries made with silicon instead of graphite - the commonly used material in battery anodes today - have been shown to enable significantly higher energy density and faster charging.”

 

But that is not the only path of innovation for safer and more efficient batteries. From using AI to make battery technology more efficient, and collaborations with other battery leaders, the battery race is leading us into space with companies like KULR Technology Group, Inc(NYSE American: KULR) . 

 

For investors following some of the smaller innovators in the space, the following is a news snapshot of recent developments:

 

KULR Technology Group, Inc. (NYSE American: KULRjust announced a leap forward in battery technology tailored for defense and space applications as KULR Technology Group (NYSE: KULR) and Amprius Technologies (NYSE: AMPX) officially announce their strategic partnership. This collaboration heralds the integration of Amprius' innovative high performance cylindrical cell into KULR ONE Space and Guardian battery architectures, renowned for their high reliability and robust safety protection, for aerospace and military applications. At the heart of this partnership is Amprius' silicon-anode SA10 cells, which are set to provide a tactical edge through superior energy density and discharge capability. The incorporation of these cells into KULR ONE Space & Guardian reference designs will ensure a propagation-resistant structure, equipped with the necessary safety measures to meet stringent specifications for defense and space operations.                   

 

From the news: KULR Technology Group is poised to incorporate these cutting-edge cells into forthcoming standard battery models like the BB 2590 and into commercialized variations of the KULR ONE Space 100 to 400 Wh variations, harnessing our NASA-certified screening practices, or similar, to bolster safety. This crucial step meets a fundamental requirement for battery packs destined for crewed space flights, in compliance with the NASA JSC 20793 standard and for next generation military battery packs required to satisfy extensive environmental testing requirements such as MIL-STD-810H. Working jointly with Amprius and NASA, KULR is committed to securing the essential approvals for the SA10's use in battery packs for these vital missions and applications.

 

A recent collaborative report by the World Economic Forum and consultancy firm McKinsey & Company highlights the potential of the global space economy to address major industry and societal issues. The report forecasts that by 2035 the sector’s valuation could reach $1.8 trillion, putting it on par with the influential semiconductor industry. The study envisions space technologies becoming as integral to daily life as semiconductors are currently, driven primarily by advancements in communications positioning, navigation and timing, and Earth observation services.

 

Continued: KULR CEO Michael Mo remarked, "The innovation encapsulated within the SA10 cell, and the agility demonstrated by Amprius, align seamlessly with our commitment to serving high reliability sectors. This is an ideal strategic partnership for our KULR ONE platform utilizing their high energy density cell. Together, we are positioned to exceed the expectations of our mission-critical customers.”

 

Amprius Technologies’ CEO Dr. Kang Sun praised the alliance, stating, "KULR's unwavering dedication to safety and innovation, coupled with their ability to rapidly produce prototypes, is indispensable. KULR’s adoption of Amprius’ industry-leading cell based on the SiCore™ product line not only allows us to enter new markets with cutting-edge technology, but it also propels ongoing development for future demands."

 

This strategic partnership sets a new standard for battery solutions in high-stakes environments, reflecting both companies' visions for a safer, more efficient future. The integration of Amprius' SA10 cells into KULR's battery packs is poised to revolutionize the landscape of power sources for the defense and aerospace sectors, offering unprecedented reliability and safety.

 

Enovix Corporation (Nasdaq: ENVX), a global high-performance battery company, recently   announced it completed Factory Acceptance Testing (“FAT”) for its Gen2 Agility Line and is on track to produce first silicon battery samples from Fab2 in the second quarter of 2024.

 

From the news: “I’m proud to announce the team has completed our rigorous FAT process for all machines that make up our Agility Line,” said Ajay Marathe, Chief Operating Officer at Enovix. “SAT is also well underway. Both FAT and SAT processes ensure that we only place machines into service that meet our specifications for throughput, yield and machine uptime. I’m extremely pleased with the results so far. We’re on track to produce our first EX-1M samples for mobile and IoT customers in Q2.”

 

Continued: Enovix patented manufacturing process uses dozens of machines to produce battery cells with a unique architecture that enables the use of a 100% active silicon anode for higher energy density.

 

“I’m incredibly proud of the hard work from the entire operations team to get us to this major milestone on our Journey to Scale,” said Dr. Raj Talluri, President and CEO of Enovix. “In just 100 days, the team built a worldclass factory, putting us on the path to produce first samples of our silicon batteries from Fab2 this quarter.”

 

SES AI (NYSE: SES)  (is the first battery company in the world to accelerate its pace of innovation by utilizing superintelligent AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring.

 

SES AI recently announced that it signed an agreement to enter the next phase of its existing joint development agreement ("JDA") with Hyundai Motor Company (‘’Hyundai Motor’’) and Kia Corporation ("Kia") to start developing B samples.

 

As part of the agreement with Hyundai Motor and Kia, SES AI will build a dedicated B-sample cell development, assembly and testing facility in Ui-Wang, South Korea starting later this year, and SES AI will build and operate one of the largest capacity Li-Metal lines in the world within this new facility. This collaboration is the first of its kind in the Li-Metal battery industry and represents an important milestone in achieving commercial production.

 

The expansion of the relationship with Hyundai Motor and Kia means that SES AI is the first Li-Metal battery company in the world to have two B-sample development JDAs underway. SES AI previously announced its first B-sample JDA with another major automaker in December 2023. In addition to these two B-sample lines, SES AI is also converting another A-sample line to produce Urban Air Mobility (UAM) battery cells.

 

With a mission to transform energy storage, QuantumScape Corporation (NYSE: QS), a leader in next-generation solid-state lithium-metal battery technology, today announced it started customer shipments of Alpha-2 prototype battery cells, fulfilling a goal for 2024.

 

From the news: Alpha-2 prototypes are a significant milestone on the roadmap to deliver QSE-5, QuantumScape’s first planned commercial product. QuantumScape entered the automotive qualification process in December 2022 after shipping A0 prototypes to customers. Alpha-2 prototypes integrate many of the company’s significant component improvements made over the last year. The six-layer Alpha-2 prototype is more energy-dense than the earlier 24-layer A0 prototype. This is primarily due to higher-loading cathodes (i.e., packed with more active material) and more efficient packaging that optimizes the materials and space within the cell. The packaging improvements include tighter internal margins, thinner current collectors, and a slimmer design, all of which are integral to the final product.

 

Continued: As an intermediate step between the A0 and the QSE-5 B0 prototypes planned for later this year, Alpha-2 cells feature the main functionality of the QSE-5 and are an opportunity for customers to test key performance parameters and prototype-level reliability. While Alpha-2 prototypes are being tested in customer labs, QuantumScape is working to integrate those component-level improvements into the planned QSE-5 cells, which will consist of 24 layers and use electrolyte-separators produced using the faster Raptor equipment and process.

 

"The Alpha-2 shipments represent an important milestone on our path to commercialization," said Dr. Siva Sivaram, President and CEO of QuantumScape. "Customer feedback is the most critical input in the product development cycle as it provides insight into areas that need improvement and strengthens collaboration. The faster we can get new product iterations into customers’ hands, the faster we get to production. We are very encouraged by the initial Alpha-2 performance results and excited about the first QSE-5 cells we expect to manufacture later this year."

 

For investors following the battery evolution, it is an electrifying journey with more to come! 

 

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