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Posted On: 12/12/2024 4:02:33 PM
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The Coretec Group Inc. (CRTG) Is ‘One to Watch’
- The Coretec Group is positioned at the forefront of the rapidly growing EV and energy storage markets with innovative silicon-based solutions.
- The Endurion program delivers advanced battery technology, addressing critical industry needs for energy density and cycle life.
- CHS technology provides industry-leading efficiency, scalability and versatility for clean technology applications.
- The company continues to demonstrate progress in intellectual property and partnerships to ensure sustained competitive advantages.
- Its experienced leadership team is driving strategic growth and market penetration.
The Coretec Group (OTCQB: CRTG) is a technology leader specializing in silicon-based solutions that advance energy storage, materials science and visualization technologies. Through cutting-edge developments like the Endurion program and CHS, the company is driving progress in electric vehicles (“EVs”), semiconductors and clean technology. Additionally, it is broadening its reach into 3D visualization with its CSpace platform, exemplifying its dedication to transformative advancements across diverse industries.
Headquartered in Ann Arbor, Michigan, The Coretec Group emphasizes sustainable growth through innovative technologies, addressing the evolving demands of global markets.
Technology
Endurion Program: Next-Generation Lithium-Ion Batteries
The Endurion program redefines lithium-ion battery performance by integrating silicon anodes to replace traditional graphite. This transformative technology delivers superior energy density, improved cycling stability, and longer runtime—crucial for applications like EVs and renewable energy systems.
Demonstrating stability over 500 cycles with widely used cathode materials such as LFP and NMC, the Endurion program is progressing toward commercialization, positioning The Coretec Group as a leader in next-generation energy storage.
CHS Technology: A Breakthrough in Silicon-Based Materials
The Coretec Group’s cyclohexasilane (“CHS”) technology offers unparalleled atom density, enabling advancements in high-growth industries such as semiconductors, energy storage and advanced lighting. This proprietary material enhances yield, scalability and overall performance, making it a cornerstone for industries transitioning to sustainable and efficient technologies.
CHS’s unique properties place it at the forefront of innovations powering the next generation of energy and electronics.
CSpace Technology: Innovative 3D Visualization
CSpace, The Coretec Group’s patented 3D volumetric display technology, provides glasses-free, high-resolution imagery for applications in medical imaging, automotive design and defense visualization. Capable of producing true 3D images viewable from all angles, CSpace is poised to transform how industries interact with complex datasets.
Although still in development, this groundbreaking platform highlights The Coretec Group’s commitment to pushing technological boundaries.
Market Opportunity
The Coretec Group operates within rapidly expanding industries, notably lithium-ion batteries and advanced silicon materials. The global lithium-ion battery market was valued at approximately $64.84 billion in 2023 and is projected to grow to $446.85 billion by 2032, exhibiting a compound annual growth rate of 23.33% during the forecast period, according to Fortune Business Insights.
This growth is driven by the increasing adoption of EVs and renewable energy storage solutions. By addressing critical challenges such as energy density and cycle life, the Endurion program positions the company to capture a significant share of this burgeoning market.
In parallel, the silicon precursor market is experiencing robust growth, fueled by demand from the solar, semiconductor and EV industries. The unique properties of CHS align with these trends, offering efficient and scalable solutions for manufacturers aiming to enhance productivity and reduce costs. With its dual focus on energy storage and advanced materials, The Coretec Group is well-positioned to capitalize on these high-growth opportunities.
Leadership Team
Michael Ussery, Chief Executive Officer, leverages decades of experience in diplomacy, investment and international development to lead with a vision for global progress and stability. A former U.S. Ambassador appointed by President Reagan, Ussery has driven transformative initiatives across Eastern Europe, Central Asia, Africa, and the Americas, co-founding the Romania Moldova Direct Fund and advising organizations such as the U.S. Department of State, Safi Apparel, and Corps Africa. His leadership encompasses business, non-profit and government sectors, with a distinguished career marked by strategic insight, board service and a commitment to revitalizing distressed economies and fostering sustainable development.
Jung Min Lee, Chief Operations Officer, oversees the company’s operations, ensuring the seamless integration of its advanced materials into high-impact applications. With a background in finance and project management, Lee plays a critical role in scaling the company’s innovations to meet market demands.
Antti Uusiheimala, Chief Financial Officer, is responsible for financial strategy and planning. With a proven track record in corporate finance and investment management, Uusiheimala supports The Coretec Group’s growth initiatives and fosters investor confidence through strategic fiscal oversight.
For more information, visit the company’s website at TheCoretecGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to CRTG are available in the company’s newsroom at https://nnw.fm/CRTG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
- The Coretec Group is positioned at the forefront of the rapidly growing EV and energy storage markets with innovative silicon-based solutions.
- The Endurion program delivers advanced battery technology, addressing critical industry needs for energy density and cycle life.
- CHS technology provides industry-leading efficiency, scalability and versatility for clean technology applications.
- The company continues to demonstrate progress in intellectual property and partnerships to ensure sustained competitive advantages.
- Its experienced leadership team is driving strategic growth and market penetration.
The Coretec Group (OTCQB: CRTG) is a technology leader specializing in silicon-based solutions that advance energy storage, materials science and visualization technologies. Through cutting-edge developments like the Endurion program and CHS, the company is driving progress in electric vehicles (“EVs”), semiconductors and clean technology. Additionally, it is broadening its reach into 3D visualization with its CSpace platform, exemplifying its dedication to transformative advancements across diverse industries.
Headquartered in Ann Arbor, Michigan, The Coretec Group emphasizes sustainable growth through innovative technologies, addressing the evolving demands of global markets.
Technology
Endurion Program: Next-Generation Lithium-Ion Batteries
The Endurion program redefines lithium-ion battery performance by integrating silicon anodes to replace traditional graphite. This transformative technology delivers superior energy density, improved cycling stability, and longer runtime—crucial for applications like EVs and renewable energy systems.
Demonstrating stability over 500 cycles with widely used cathode materials such as LFP and NMC, the Endurion program is progressing toward commercialization, positioning The Coretec Group as a leader in next-generation energy storage.
CHS Technology: A Breakthrough in Silicon-Based Materials
The Coretec Group’s cyclohexasilane (“CHS”) technology offers unparalleled atom density, enabling advancements in high-growth industries such as semiconductors, energy storage and advanced lighting. This proprietary material enhances yield, scalability and overall performance, making it a cornerstone for industries transitioning to sustainable and efficient technologies.
CHS’s unique properties place it at the forefront of innovations powering the next generation of energy and electronics.
CSpace Technology: Innovative 3D Visualization
CSpace, The Coretec Group’s patented 3D volumetric display technology, provides glasses-free, high-resolution imagery for applications in medical imaging, automotive design and defense visualization. Capable of producing true 3D images viewable from all angles, CSpace is poised to transform how industries interact with complex datasets.
Although still in development, this groundbreaking platform highlights The Coretec Group’s commitment to pushing technological boundaries.
Market Opportunity
The Coretec Group operates within rapidly expanding industries, notably lithium-ion batteries and advanced silicon materials. The global lithium-ion battery market was valued at approximately $64.84 billion in 2023 and is projected to grow to $446.85 billion by 2032, exhibiting a compound annual growth rate of 23.33% during the forecast period, according to Fortune Business Insights.
This growth is driven by the increasing adoption of EVs and renewable energy storage solutions. By addressing critical challenges such as energy density and cycle life, the Endurion program positions the company to capture a significant share of this burgeoning market.
In parallel, the silicon precursor market is experiencing robust growth, fueled by demand from the solar, semiconductor and EV industries. The unique properties of CHS align with these trends, offering efficient and scalable solutions for manufacturers aiming to enhance productivity and reduce costs. With its dual focus on energy storage and advanced materials, The Coretec Group is well-positioned to capitalize on these high-growth opportunities.
Leadership Team
Michael Ussery, Chief Executive Officer, leverages decades of experience in diplomacy, investment and international development to lead with a vision for global progress and stability. A former U.S. Ambassador appointed by President Reagan, Ussery has driven transformative initiatives across Eastern Europe, Central Asia, Africa, and the Americas, co-founding the Romania Moldova Direct Fund and advising organizations such as the U.S. Department of State, Safi Apparel, and Corps Africa. His leadership encompasses business, non-profit and government sectors, with a distinguished career marked by strategic insight, board service and a commitment to revitalizing distressed economies and fostering sustainable development.
Jung Min Lee, Chief Operations Officer, oversees the company’s operations, ensuring the seamless integration of its advanced materials into high-impact applications. With a background in finance and project management, Lee plays a critical role in scaling the company’s innovations to meet market demands.
Antti Uusiheimala, Chief Financial Officer, is responsible for financial strategy and planning. With a proven track record in corporate finance and investment management, Uusiheimala supports The Coretec Group’s growth initiatives and fosters investor confidence through strategic fiscal oversight.
For more information, visit the company’s website at TheCoretecGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to CRTG are available in the company’s newsroom at https://nnw.fm/CRTG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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