The Coretec Group

The Coretec Group (OTCQB: CRTG) is a developer of silicon anode tech for lithium-ion batteries that charge faster & last longer. #EVs #energystorage #climate

[The Coretec Group @CoretecGroupInc]

During last week's shareholder call, Coretec $CRTG CEO Matthew Kappers and VP of Partnerships and Innovation Michelle Tokarz shared strong results from cycling tests on its modified silicon battery material intended for EV application. These tests proved three important factors🔋

[The Coretec Group @CoretecGroupInc]

SRFC represented @ElevaiLabs, a pioneering force in medical aesthetics, in the pricing of an $8 million public offering.

The SRFC team was led by partners @IPO_lawyer and Matt Siracusa, as well as associates Lony Leung, Esq. and Chance Moore.

🔗 https://t.co/0e0lnGz0Ur

[The Coretec Group @CoretecGroupInc]

The Coretec Group Completes Share Exchange Agreement with Core Optics

https://t.co/FjVirNH7cY

$CRTG

[The Coretec Group @CoretecGroupInc]

The Coretec Group and Core Optics Share Exchange Closing Date Extended and Continues to Move Forward

https://t.co/moNH9fOcth

$CRTG

[The Coretec Group @CoretecGroupInc]

A corporate update from $CRTG about the share exchange agreement with Core Optics LLC, revenue projections, ongoing industry dialogue, and more:

https://t.co/uAqgfQY4D1

[The Coretec Group @CoretecGroupInc]

The Coretec Group and Core Optics Share Exchange Moves Toward Closing; Provides Initial Sales Forecast

https://t.co/dElY6UStp1

$CRTG

[The Coretec Group @CoretecGroupInc]

The Coretec Group Resolves Closing Conditions to the Definitive Share Exchange Transaction with Core Optics

https://t.co/ShaEF8j1nK

$CRTG

[The Coretec Group @CoretecGroupInc]

2/2 Furthermore, IDTechEx research finds that silicon anode material can allow for considerable improvements in specific energy & energy density over state-of-the-art Li-ion cells. Silicon-dominant anodes will enable faster charging & higher power compared w/ graphite anode cells

[The Coretec Group @CoretecGroupInc]

1/2 What to Expect From the eVTOL Market in 2024 and Beyond, Reports @IDTechEx

https://t.co/NZQtRjLe2V

[The Coretec Group @CoretecGroupInc]

According to Future Market Insights (FMI), the global silicon anode lithium-ion #battery market value is set to reach $1 billion in 2024 and $57 billion in 2034. Over the assessment period, the industry is predicted to surge at a CAGR of 49.2%.

https://t.co/MmDml8oDiZ

#EV

[International Energy Agency @IEA]

Global electric car sales are on track to grow strongly again this year, reaching about 17 million

With more than 1 in 5 cars sold worldwide in 2024 set to be electric, the rise of EVs is transforming the auto industry & the energy sector

Read more → https://t.co/iGOvO2gEY8

[The Coretec Group @CoretecGroupInc]

3/3 "This is especially true with the Core Optics agreement progressing through appropriate steps to completion, as they possess established sales channels and revenue streams from the auto manufacturers likely to evaluate Endurion."

#Automotive #ElectricVehicle

[The Coretec Group @CoretecGroupInc]

1/3 ANNOUNCEMENT: The Coretec Group Announces a Full Utility Patent Filing and Provides an Update on the Definitive Share Exchange Agreement with Core Optics

🔗 https://t.co/87sgRWBwAU

$CRTG #batteries

[The Coretec Group @CoretecGroupInc]

2/3 "Our Endurion battery program is viewed with tremendous potential internally as well as within advanced technology and industry conversations, making it paramount that we protect that asset,” said Matthew Kappers, Chief Executive Officer of The Coretec Group.

#EV

[The Coretec Group @CoretecGroupInc]

3/3🔋 Production in Europe and the United States reached 110 GWh and 70 GWh of EV batteries in 2023, and 2.5 million and 1.2 million EVs, respectively.

Read more: https://t.co/JYIm72eJTe

#batteries #evbattery #electricvehicles

[The Coretec Group @CoretecGroupInc]

1/3 Thorough report issued by the @IEA (International Energy Agency) detailing trends in EV battery growth. Among the findings:

🔋 Demand for EV batteries reached more than 750 GWh in 2023, up 40% relative to 2022

[The Coretec Group @CoretecGroupInc]

2/3🔋The US & Europe experienced the fastest growth among major EV markets, reaching more than 40% year-on-year, closely followed by China at about 35%.

🔋Battery demand for lithium stood at around 140 kt in 2023, 85% of total lithium demand and up more than 30% compared to 2022

[The Coretec Group @CoretecGroupInc]

$CRTG distributed its monthly newsletter this AM detailing the definitive share exchange agreement w/ Core Optics LLC, their revenue generating products & customer segments, and how its established sales channels will spur Endurion battery dev program

🔗 https://t.co/NahRwfBXw1

[The Coretec Group @CoretecGroupInc]

Congrats to @nexeon for breaking ground on their new plant to manufacture silicon anodes!

https://t.co/rY1nuyJIGG

Via @cenmag

#batteries #siliconanode #energytwitter

[The Coretec Group @CoretecGroupInc]

SNE Research, a Seoul-based #cleantenergy & battery market research firm.

Silicon anode share in the entire anode market is forecast 2 grow from 1% in 2023 to 7% by 2030 and 10% by 2035, expanding from $600M in 2023 to $4.3B by 2025 & $6.6B by 2035"
https://t.co/S4DfhMUYZK $CRTG

[The Coretec Group @CoretecGroupInc]

From the Korea Economic Daily (@kedglobal):

"The global market of silicon anode, a lithium-ion battery component garnering attention due to its higher energy capacity and faster charging than graphite-based anodes, will expand 10x by 2035...according to a report from