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Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) on behalf of Grafoid Inc., announced today Grafoid’s joint venture development agreement with CapTherm Systems Inc. to develop and commercialize next generation, multiphase thermal management systems for electric vehicle (EV) battery and light emitting diode (LED) technologies. Under the agreement, Grafoid Inc. will supply both materials and its science for adapting graphene to CapTherm’s existing EV and LED cooling systems. Focus Graphite Inc. holds a major interest in Grafoid on behalf of its shareholders.
As quoted in the press release:
CapTherm Systems Inc – Progressive Thermal Management is a thermal management/cooling company specializing in personal computer, server, LED, and electric vehicle cooling systems. It develops and commercializes proprietary, next-generation high-power electronics cooling technologies.
Grafoid Business Development Manager George Economo said:
This alliance represents a milestone for both companies in their pursuit of cutting edge, energy-saving, green technology graphene applications.
Click here to read the Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) press release
Click here to see the Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) profile.