The Coretec Group – Kuwait Financial Express http://www.kuwaitfinancialexpress.com Mon, 11 Mar 2024 15:42:56 +0000 en-US hourly 1 https://wordpress.org/?v=5.3.2 The Coretec Group Announces Full Details of its March 14 Shareholder Call and Presentation http://www.kuwaitfinancialexpress.com/?p=309908/ Mon, 11 Mar 2024 15:42:56 +0000 http://www.kuwaitfinancialexpress.com/?p=309908 The Company will update its shareholders on its definitive share exchange agreement with Core Optics and how it will strengthen Coretec’s structure and operations, and spur revenue and the commercialization of Endurion

ANN ARBOR, Mich., March 11, 2024 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium–ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, today announced the details of its upcoming shareholder call and presentation on March 14, 2024, at 10:00 am EDT.

Coretec Chief Executive Officer Matthew Kappers and Chief Financial Officer Matthew Hoffman, as well as Core Optics CEO Dr. Seonkee Kim, will discuss the details of Coretec’s recent definitive share exchange agreement announcement with Core Optics, LLC and provide an update on the commercialization progress of its Endurion battery program that represents an ideal fit for Core Optics’ customer base.

Company leadership will highlight Core Optics’ product and customer pipeline, as well as the market demand for each respective category; the South Korea–based factory and personnel driving customer acquisition and R&D; and the synergies between the two brands. Notably, they will elaborate on Core Optics’ position in the compact camera modules (CCM) industry and how it will further the advancement of C–Space, as well as the commercialization efforts for the Endurion battery development program.

CFO/COO Matt Hoffman will provide an update on Endurion, and how Core Optics’ existing customer relationships and commercial pipeline will position the battery program for advancement, evaluation, and adoption. Notably, Hoffman will detail the laboratory expansion and how test results will fuel partnerships and further commercial activity.

Finally, leadership will detail the Company’s new leadership structure for the shareholder community, customer base in key markets, and broader listening audience.

Shareholders and other interested parties can register for the 10:00 am EDT, March 14, 2024 call at the links below.

Participants / Audience

Webcast Registration Link: https://edge.media–server.com/mmc/p/ikba429s

Call Registration Link: https://register.vevent.com/register/BI3b8b187f1fa84b5f89793401ab3e3982

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium–ions as compared to traditional graphite. Through its proprietary micron and nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, the Company is using its engineered silicon to develop a portfolio of other energy–focused products, including solid–state lighting (LEDs), semiconductors, and printable electronics. Coretec continues to develop CSpace, its 3D volumetric display technology with a wide array of applications including medical imaging, automotive, and others.

For more information, please visit thecoretecgroup.com.

About Core Optics

Core Optics LLC, a Virginia limited liability company, runs its operations through its Korean subsidiary, Core Optics Co., Ltd. Core Optics Co., Ltd. was established in 2023 after acquiring a compact camera module testing equipment product line. It is renowned for its involvement in a high–value enterprise centered around the production and distribution of inspection equipment tailored for compact camera modules (CCM) used in smartphones and automobiles.

For more information, please visit https://www.coreoptics.us/

Follow The Coretec Group on

X (Formerly Twitter) – @CoretecGroupInc
LinkedIn – www.linkedin.com/company/24789881
YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com 
+1 (866) 916–0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com 
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 9061465)

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The Coretec Group and Core Optics LLC Announce They Have Entered into a Definitive Share Exchange Agreement http://www.kuwaitfinancialexpress.com/?p=309875/ Wed, 06 Mar 2024 15:01:10 +0000 http://www.kuwaitfinancialexpress.com/?p=309875 The two companies bring together complementary technologies and industry end–user application via Core Optics’ proven commercial distribution in established and high growth sectors spanning automotive, consumer electronics, camera / display, and others dependent on advanced material innovation

ANN ARBOR, Mich., March 06, 2024 (GLOBE NEWSWIRE) — The Coretec Group, Inc. (OTCQB: CRTG) (the “Company”), developer of silicon anode active materials for lithium–ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, and Core Optics, LLC (“Core Optics”) announced today that they have entered into a definitive share exchange agreement pursuant to which, on the closing date, the Company is expected to acquire 100% of the membership interests of Core Optics, LLC and its subsidiaries which hold all its tangible assets and intellectual property across all its technologies and industry verticals. Subsequent to the closing of the transaction, the combined company will continue to operate under the name The Coretec Group, Inc. and trade under the ticker symbol CRTG, before pursuing uplisting to a senior exchange when it believes the combined company can satisfy initial listing requirements. The Closing of the transaction is subject to customary closing conditions.

Dr. Seonkee Kim will assume the title and responsibilities of Chief Executive Officer. In addition to Dr. Kim’s experience in the compact camera modules (CCM) industry, he has deep knowledge and experience in lithium–ion batteries, making him an ideal leader to further the Company’s Endurion program. He will be introduced along with additional board members and advisors on a shareholder call currently scheduled for March 14, 2024 at 10am ET. Further details for that conference call will be shared in coming days.  

Core Optics specializes in the design and fabrication of cutting–edge inspection and assembly machinery for the CCM industry. Core Optics has amassed a wealth of expertise and data pertaining to its testing algorithms, including the rights to over 30+ patents. With commercial products and sales channels in established industries that are also considered high–growth, including automotive and VR/AR, Core Optics has solidified its position as a market leader for providing pivotal process solutions.

Core Optics maintains numerous customer engagements with some of the top mobile device manufacturers in South Korea and throughout the world and with prominent automobile manufacturers including EV makers, as well as global commercial activity in other verticals. Core Optics is revenue producing via a CCM testing product line that has historically produced healthy profit margins, and maintains a pipeline of orders with an expected trajectory for high–growth.

Core Optics recently expanded its service scope to encompass the burgeoning Electric Vehicle (EV) market. This is one of the reasons that The Coretec Group’s proprietary technology is so complementary, as its Endurion battery development program markets to the same customer base. It represents a significant value proposition for Core Optics’ automotive business, facilitated by the Company’s existing sales channel and customer relationships. In addition, the advanced development of the Company’s C–Space volumetric display technology fits well within Core Optics’ prominent CCM and photonics business, in which its deep knowledge and expertise could further C–Space development.

Finally, the transaction would enable Core Optics to prominently enter North American markets, facilitating greater business activity between U.S. auto manufacturers and other potential high value customer segments.

“The Coretec Group is laser–focused on developing technologies that are attractive to end user customers, as well as larger manufacturing and distribution partners capable of taking the technology and rapidly scaling and deploying it,” said Matthew Kappers, CEO of The Coretec Group. “We have found that ideal partner in Core Optics, a group of innovators with a proven track record of establishing sales channels and customer relationships with prominent brands known across the globe. The synergies between the two companies are clear, particularly across the product niches in EVs, eVTOL, 3D Display, LiDAR, and auto manufacturing. We are confident that the merger between these two companies will further establish Core Optics’ commercial pipeline, increasing revenue and creating shareholder value.”

The Company will provide call access information via press release, corporate and investor websites, and social media in advance of the shareholder call and presentation. Please follow on X (formerly Twitter) at @CoretecGroupInc or the Company’s LinkedIn page.

About The Coretec Group

The Coretec Group, Inc., an Oklahoma corporation is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium–ions as compared to traditional graphite. Through its proprietary micron and nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, the Company is using its engineered silicon to develop a portfolio of other energy– focused products, including solid–state lighting (LEDs), semiconductors, and printable electronics. Coretec continues to develop CSpace, its 3D volumetric display technology with a wide array of applications including LiDAR, medical imaging, automotive, and others.

For more information, please visit thecoretecgroup.com.

About Core Optics

Core Optics LLC, a Virginia limited liability company, runs its operations through its Korean subsidiary, Core Optics Co., Ltd. Core Optics Co., Ltd. was established in 2023 after acquiring a compact camera module testing equipment product line. It is renowned for its involvement in a high–value enterprise centered around the production and distribution of inspection equipment tailored for compact camera modules (CCM) used in smartphones and automobiles.

For more information, please visit https://www.coreoptics.us/

Follow The Coretec Group on:

Twitter – @CoretecGroupInc

LinkedIn – www.linkedin.com/company/24789881

YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured 

Forward–Looking Statements

The statements in this press release that relate to the Company’s expectations with regard to the future impact on the Company’s results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.

Lindsay McCarthy

info@thecoretecgroup.com 

+1 (866) 916–0833

Media Contact:

Spencer Herrmann

FischTank PR

coretec@fischtankpr.com 

+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 9059095)

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The Coretec Group to Postpone its January 11 Shareholder Call to a Later Date http://www.kuwaitfinancialexpress.com/?p=309486/ Mon, 08 Jan 2024 16:22:54 +0000 http://www.kuwaitfinancialexpress.com/?p=309486 ANN ARBOR, Mich., Jan. 08, 2024 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium–ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, today announced it will postpone its planned January 11, 2024 shareholder call to a later date, as the Company seeks to finalize and incorporate details of new, promising corporate developments into the presentation.

The Coretec Group leadership appreciates the patience from investors and stakeholders and looks forward to sharing notable developments, including the latest news on the Endurion program, in the near future.

The Company will provide updated details regarding the rescheduled shareholder call later this month. In the interim, Coretec leadership encourages anyone interested in further updates to follow the Company’s profiles LinkedIn and X (formerly Twitter).

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium–ions as compared to traditional graphite. Through its proprietary micron and nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, the Company is using its engineered silicon to develop a portfolio of other energy–focused products, including solid–state lighting (LEDs), semiconductors, and printable electronics. Coretec continues to develop CSpace, its 3D volumetric display technology with a wide array of applications including medical imaging, automotive, and others.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

X (Formerly Twitter) – @CoretecGroupInc
LinkedIn – www.linkedin.com/company/24789881
YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:
The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:
Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 9014247)

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The Coretec Group to Host a Shareholder Call on January 11 to Highlight 2023 Milestones and Endurion Update http://www.kuwaitfinancialexpress.com/?p=309421/ Wed, 20 Dec 2023 14:47:21 +0000 http://www.kuwaitfinancialexpress.com/?p=309421 ANN ARBOR, Mich., Dec. 20, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium–ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, today announced it will host a shareholder presentation and call at 10:00 a.m. EST on Thursday, January 11, 2024, to review the Company's 2023 achievements and the commercially positive results of its 2023 Endurion full cell battery program.

2023 has been a year of exciting developments for The Coretec Group’s Endurion battery program, CSpace display technology, and expansion of its corporate footprint. Some notable highlights to be discussed on the shareholder presentation and call will include:

  • The launch of the Company’s Endurion Partner Development Program, a commercial initiative that aims to solicit stakeholders up and down the battery and energy storage value chain(s) to participate in the development of the Company’s proprietary silicon anode battery materials technology.
  • The continued successes in Endurion battery include full cell development and commercially favorable results.
  • The Company filed a provisional patent for the development of proprietary artificial solid electrolyte interfaces (SEI) capable of extending the cycle life and increasing the technical capabilities of silicon–based anodes for lithium–ion batteries.
  • The research partnership between The Coretec Group and The University of Adelaide on the Company’s CSpace 3D volumetric display technology was selected for presentation at the 2024 SPIE Photonics West Conference on January 30, 2024.
  • Coretec leadership launched a new series of virtual expert panel discussions, where thought leaders from across the battery industry weighed in and discussed the biggest issues and most promising opportunities facing the battery industry, for the viewing benefit of fellow industry players and interested media figures.

“2023 was arguably the most important yet for Coretec, as we engaged with industry–leading potential customers and partners for 2024 about our Endurion program while making significant progress in the lab for our proprietary technology,” said Matthew Kappers, CEO of The Coretec Group. “In addition to the major milestones we reached, we also had team members liaise with fellow industry players, and visit other battery labs to learn and improve our innovation processes. This constant state of learning and improvement allowed us to make major progress on not just our Endurion program, but across the technologies in Coretec’s portfolio, notably our 3D display technology. We’re excited to discuss these updates along with what’s to come in 2024, maintaining our long–term commercialization goals that we believe will realize shareholder value.”

The Company will provide call access information via press release, our corporate and investor websites, and social media in advance of the shareholder call and presentation. Please follow on X (formerly Twitter) at @CoretecGroupInc or the Company’s LinkedIn page.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium–ions as compared to traditional graphite. Through its proprietary micron and nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, the Company is using its engineered silicon to develop a portfolio of other energy–focused products, including solid–state lighting (LEDs), semiconductors, and printable electronics. Coretec continues to develop CSpace, its 3D volumetric display technology with a wide array of applications including medical imaging, automotive, and others.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter – @CoretecGroupInc
LinkedIn – www.linkedin.com/company/24789881
YouTube – www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group’s expectations with regard to the future impact on the Company’s results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 9007942)

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The Coretec Group & University of Adelaide’s Research Work on CSpace Technology Selected for Presentation at SPIE Photonics West Conference http://www.kuwaitfinancialexpress.com/the-coretec-group-university-of-adelaides-research-work-on-cspace-technology-selected-for-presentation-at-spie-photonics-west-conference/ Tue, 21 Nov 2023 13:00:00 +0000 http://www.kuwaitfinancialexpress.com/?p=309127 ANN ARBOR, Mich., Nov. 21, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium–ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, today announced that its research in partnership with The University of Adelaide on its CSpace 3D volumetric display technology has been selected for presentation at the 2024 SPIE Photonics West Conference. Taking place in San Francisco, CA, on January 30, 2024 at 4:40 pm PST, the presentation details the most recent CSpace research developments. It will be given by Adelaide's Dr. Yunle Wei.

The presentation is based on Coretec's CSpace technology that utilizes two invisible infrared lasers to generate visible, 3D image pixels in glass within an imaging chamber. The research evaluated three types of alternative low–phonon–energy types of glass that possess high optical quality and the potential for mass manufacturing. Tellurite glass was found to be the most promising candidate, due to its high fluorescence efficiency for display and up–scalability of the imaging chamber size. The technology can be used in a wide array of applications including medical imaging, automotive and aerospace design, visualization in weather, defense monitoring, and many others.

"Our work with The Coretec Group has been highly beneficial and generated encouraging results," said Dr. Wei, Post Doctoral Researcher at the University of Adelaide's Institute for Photonics and Advanced Sensing (IPAS). "I look forward to connecting with and presenting our exciting results to fellow industry professionals."

"We're encouraged by the results from The University of Adelaide, and excited to share them with leaders in the photonics industry," said Matt Kappers, CEO of The Coretec Group. "While our Company's efforts continue to focus on Endurion, we are eager to pursue new milestones in the development of our CSpace technology, and aim to ultimately realize the shareholder value of this highly specialized product."

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium–ions as compared to traditional graphite. Through its proprietary nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, the Company is using its engineered silicon to develop a portfolio of other energy–focused products, including solid–state lighting (LEDs), semiconductors, and printable electronics. Coretec continues to develop CSpace, its 3D volumetric display technology with a wide array of applications including medical imaging, automotive, and others.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter "" @CoretecGroupInc
LinkedIn "" www.linkedin.com/company/24789881
YouTube "" www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group's expectations with regard to the future impact on the Company's results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 8982827)

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The Coretec Group Announces Industry Panel Discussion on Development of Lithium-Ion Batteries with Speakers from Navitas Systems and EnPower Greentech, Inc. http://www.kuwaitfinancialexpress.com/the-coretec-group-announces-industry-panel-discussion-on-development-of-lithium-ion-batteries-with-speakers-from-navitas-systems-and-enpower-greentech-inc/ Tue, 19 Sep 2023 16:21:21 +0000 http://www.kuwaitfinancialexpress.com/?p=308536 ANN ARBOR, Mich., Sept. 19, 2023 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium–ion batteries and cyclohexasilane (CHS) for electric vehicles (EV), cleantech, and emerging tech applications, today announced that it will host a virtual panel discussion on the future of and challenges facing battery innovation. Speakers include fellow industry players, Navitas Systems and EnPower Greentech, Inc., and will take place on Wednesday, September 27, at 11:00am EST. The panel will be independently produced and hosted by The Coretec Group via Zoom.

The event is titled "Lithium–Ion Battery Technologies: From Innovation to Adoption – A profile of 3 Michigan–based companies pushing the frontiers of batteries." To begin the program, The Coretec Group's Chief Technical Officer Dr. Ramez Elgammal will give an overview of the most recent updates and developments on Coretec's Endurion battery program. His update will be followed by a battery innovation and market opportunity discussion, featuring industry experts from:

  • The Coretec Group (OTCQB: CRTG), the panel host and silicon anode developer for lithium–ion batteries will be represented by its VP of Partnerships & Development, Dr. Michelle Tokarz;
  • Navitas Systems, a small and large format battery producer, represented by its Director of Development, Chris Silkowski; and
  • EnPower Greentech, Inc., a leading provider of next–generation batteries and power solutions, represented by its Chief Engineer for Cell Commercial and Production, Dr. Henry Mao.

Together, the expert panelists will share their unique perspectives and insights with the virtual viewing audience. Their conversation will span a wide range of pertinent topics including the biggest issues facing lithium–ion battery innovation; where the potential for major breakthroughs in battery performance lie; and what the future of lithium–ion battery adoption will look like.

"Each of these panelists are experts at using unique approaches to battery development, and strive to achieve the same shared goal of a higher capacity battery," said Matt Kappers, CEO of The Coretec Group. "The battery category today stands beyond just the tipping point, but at the precipice of mass commercial adoption resulting in a completely reworked energy economy. This discussion will be filled with valuable insights into current and future battery innovation, and its role across the entire energy value chain. We can't wait to hear everyone's ideas."

The free, hour–long online panel discussion will be held on Wednesday, September 27, at 11:00am EST. Anyone interested in attending the virtual panel may register here.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium ions as compared to traditional graphite. Through its proprietary nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy–focused products, including solid–state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. If commercialized, The Coretec Group's groundbreaking work is capable of disrupting EV and energy storage markets, positioning the Company as a pioneer in these high–growth industries.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter "" @CoretecGroupInc
LinkedIn "" www.linkedin.com/company/24789881
YouTube "" www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group's expectations with regard to the future impact on the Company's results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 8924946)

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The Coretec Group Launches its Endurion Partner Development Program http://www.kuwaitfinancialexpress.com/the-coretec-group-launches-its-endurion-partner-development-program/ Wed, 02 Aug 2023 14:02:44 +0000 http://www.kuwaitfinancialexpress.com/?p=308200 ANN ARBOR, Mich., Aug. 02, 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, today announced the launch of its Endurion Partner Development Program, a commercial initiative that solicits stakeholders up and down the battery and energy storage value chain(s) to participate in the development of the Company's proprietary silicon anode battery materials technology.

The Endurion Partner Development program is intended to engage professionals spanning:

  • End users brands among electric vehicles, consumer electronics, military, and others
  • Battery materials processors and suppliers;
  • Battery component manufacturers and suppliers;
  • Cell and pack manufacturing; and
  • Academic research and Commercial R&D.

As detailed in the May 2023 Investor Call, The Coretec Group has made significant progress in its Endurion battery program which was reflected in the positive test results that led to its recent provisional patent filing. The Company continues to refine its materials and make batteries that are then tested in the Coretec lab as well as third party testing facilities. Now, the Company seeks true commercial feedback from potential customers and partners through its Endurion Partner Development program, which can be found by visiting this link.

"The Endurion program continues to demonstrate progress in lab settings, making now an ideal juncture to explore partnership and development programs that position the technology for customer adoption," said Michelle Tokarz, VP of Partnerships and Innovation at The Coretec Group. "We are witnessing collaboration among major players across the EV and battery ecosystem – most recently the Combined Charging System (CCS) plug standard agreed upon by Tesla, Ford and GM. This kind of relationship where respective companies can leverage their unique expertise is exactly what will propel the industry forward. The Coretec Group shares this ethos, and looks forward to engaging prospective development partners."

Endurion is The Coretec Group's battery development program that applies the Company's expertise in silicon nanoparticles to developing silicon anodes for lithium–ion batteries. Coretec's ultimate goal is to aid in the commercialization of batteries that last longer and charge faster than the current industry standard for EVs and other burgeoning applications. To learn more about Endurion, watch The Coretec Group's informational video on the program.

To learn more about The Coretec Group, visit https://thecoretecgroup.com/.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is called Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium ions as compared to traditional graphite. Through its propriety nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy–focused products, including solid–state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. If commercialized, The Coretec Group's groundbreaking work is capable of disrupting EV and energy storage markets, positioning the Company as a pioneer in these high–growth industries.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter "" @CoretecGroupInc
LinkedIn "" www.linkedin.com/company/24789881
YouTube "" www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group's expectations with regard to the future impact on the Company's results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:
The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:
Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 8885860)

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The Coretec Group to Attend Two EV Battery Conferences as it Increases Awareness of its Endurion Battery Program http://www.kuwaitfinancialexpress.com/the-coretec-group-to-attend-two-ev-battery-conferences-as-it-increases-awareness-of-its-endurion-battery-program/ Wed, 28 Jun 2023 18:30:44 +0000 http://www.kuwaitfinancialexpress.com/?p=307969 ANN ARBOR, Mich., June 28, 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 be attending the Plugvolt Battery Seminar and The Battery Show in the coming months. Company leadership will track the latest industry trends and liaise with fellow industry leaders, spreading awareness of the Company's Endurion battery program.

Company leaders will attend the Plugvolt Battery Seminar in Plymouth, Michigan, from July 18–20. This seminar features the latest industry updates from major OEMs, Tier 1 system developers, and battery makers, including Celia Cunningham, Research Engineer at Ford Motor Company, and Tobias Glossmann, Principal Systems Engineer at Mercedes Benz R&D NA. Additionally, Coretec team members will attend the Battery Show North America in Novi, Michigan from September 12–14. The event is North America's largest advanced battery event, hosting hundreds of battery and EV suppliers, as well as prominent educational tracks. Both conferences offer networking opportunities, and interested parties are asked to reach out through Coretec's contact page to schedule a meeting.

"As Endurion continues to make progress, these conferences offer opportunities to engage with industry leaders and decision–makers," said Michelle Tokarz, VP of Partnerships and Development at The Coretec Group. "Both events are ideal for us to share our groundbreaking work on the Endurion program with potential partners, while staying up to date on the latest trends in the industry."

Endurion is Coretec's battery development program, which applies its expertise in silicon nanoparticles to develop silicon–based anodes for lithium–ion batteries that last longer and charge faster than the current industry standard for EVs and other burgeoning applications. To learn more about it, watch the Company's informational video here.

To learn more about The Coretec Group, visit https://thecoretecgroup.com/.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon and is using its expertise to develop silicon anodes for lithium–ion batteries that will charge faster and last longer. This program is call Endurion. Silicon has the theoretical ability to hold up to 10x the amount of lithium ions as compared to traditional graphite. Through its propriety nanoparticle approach, Endurion is loading silicon into the battery anode. A modest increase in silicon will be a game changer that will revolutionize the EV market as well as other energy storage applications.

Additionally, The Coretec Group is also utilizing its engineered silicon to develop a portfolio of engineered silicon products for solid–state lighting (LEDs), semiconductors, and printable electronics industries. The Company continues to develop its C–Space technology for 3D volumetric displays.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter "" @CoretecGroupInc
LinkedIn "" www.linkedin.com/company/24789881
YouTube "" www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group's expectations with regard to the future impact on the Company's results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 8866444)

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The Coretec Group Releases May 2023 Shareholder Call Transcript and Webcast Recording http://www.kuwaitfinancialexpress.com/the-coretec-group-releases-may-2023-shareholder-call-transcript-and-webcast-recording/ Wed, 24 May 2023 13:13:56 +0000 http://www.kuwaitfinancialexpress.com/?p=307692 ANN ARBOR, Mich., May 24, 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, today released the transcript and webcast recording from its May 18, 2023 shareholder update on the Company's Investor Relations Website.

During the call, The Coretec Group's Chief Executive Officer, Matt Kappers, Chief Technology Officer, Ramez Elgammal, Ph.D., and VP of Partnerships and Innovation, Michelle Tokarz, Ph.D., shared its strong results from cycling tests on its modified silicon battery material. These tests proved three important factors:

  • Coretec's team successfully bonded a polymer to the silicon nanoparticles.
  • The Endurion engineered solid electrolyte interface layer improves rate capability.
  • The cycling stability of Endurion's silicon material outperformed unmodified materials.

The Company also discussed the importance of its latest provisional patent. The patent identifies three distinct, novel methodologies for minimizing pulverization and increasing the rate capability by creating an artificial solid electrolyte interface. This innovation is capable of extending the life and increasing the capabilities of silicon–based anodes for lithium–ion batteries, with an emphasis on scalability. The development marks a major breakthrough for the Company's Endurion battery program focused on EV batteries that charge faster and last longer than the current industry standard.

The Company also provided a roadmap for the rest of the year, and an update on its current and prospective partnerships. It is developing relationships with potential Endurion end–users such as automakers and battery companies as well as key suppliers and testing companies.

The call concluded with Company leadership answering questions from the investor community. Kappers urged all who are interested in receiving the latest Company updates to sign up for notifications on its Investor Relations Website, follow the Company's social media channels on Twitter and LinkedIn, and watch its recent informational video that breaks down the Endurion battery program.

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company's current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium–ion batteries in EVs that will charge faster and last longer than the current industry standard.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy–focused products, including solid–state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. The Coretec Group's groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast–paced industry.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter "" @CoretecGroupInc
LinkedIn "" www.linkedin.com/company/24789881
YouTube "" www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group's expectations with regard to the future impact on the Company's results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 8845674)

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The Coretec Group to Host a Shareholder Call on May 18 to Provide an Update on its Endurion Battery Development Program for Electric Vehicles http://www.kuwaitfinancialexpress.com/the-coretec-group-to-host-a-shareholder-call-on-may-18-to-provide-an-update-on-its-endurion-battery-development-program-for-electric-vehicles/ Thu, 11 May 2023 18:47:09 +0000 http://www.kuwaitfinancialexpress.com/?p=307584 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 IR@thecoretecgroup.com by 5 p.m. EST on Tuesday, May 16, 2023.

Participants/Audience

Webcast link: https://edge.media–server.com/mmc/p/wd27fpuz
Call link: https://register.vevent.com/register/BIbf6737c841ee42a9b25a7b1291cf013b
Canada dial–in number (Toll Free): 1 833 950 0062
Canada dial–in number (Local): 1 226 828 7575
United States: 1 844 200 6205
United States (Local): 1 646 904 5544
All other locations: 1 929 526 1599
Access code: 642462

About The Coretec Group

The Coretec Group, Inc. is an Ann Arbor, Michigan–based developer of engineered silicon, working to improve lives and power the EV, cleantech, and emerging technology markets of tomorrow. The company's current battery program is Endurion; the Coretec team is applying its expertise in silicon nanoparticles to develop silicon anodes for lithium–ion batteries in EVs that will charge faster and last longer than the current industry standard.

Additionally, Coretec is also utilizing its engineered silicon to develop a portfolio of energy–focused products, including solid–state lighting (LEDs), semiconductors, 3D volumetric displays, and printable electronics. The Coretec Group's groundbreaking work is revolutionizing the EV and energy storage markets and will continue to be a pioneer in this fast–paced industry.

For more information, please visit thecoretecgroup.com.

Follow The Coretec Group on:

Twitter "" @CoretecGroupInc
LinkedIn "" www.linkedin.com/company/24789881
YouTube "" www.youtube.com/channel/UC1IA9C6PoPd1G4M7B9QiZPQ/featured

Forward–Looking Statements

The statements in this press release that relate to The Coretec Group's expectations with regard to the future impact on the Company's results from operations are forward–looking statements and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. We make no commitment to disclose any subsequent revisions to forward–looking statements. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

Corporate Contact:

The Coretec Group, Inc.
Lindsay McCarthy
info@thecoretecgroup.com
+1 (866) 916–0833

Media Contact:

Spencer Herrmann
FischTank PR
coretec@fischtankpr.com
+1 (518) 669–6818


GLOBENEWSWIRE (Distribution ID 8837706)

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