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3d printing investing

Graphene 3D Lab Plans to Develop a Next Generation Lithium-ion Battery and Joins Forces with Stony Brook University

Matthew Spizziri
Nov. 21, 2016 07:54AM PST
Emerging Technology Investing

November 21, 2016 –Calverton, NY — Graphene 3D Lab (TSXV:GGG, OTCQB:GPHBF) and Stony Brook University (“Stony Brook” or the “University”) are pleased to announce that they have entered into a Memorandum of Understanding (“MOU”) to collaborate with the University’s divisions of Center for Integrated Electrical Energy Systems (“CIEES”) and Center for Advanced Technology in Sensors (“Sensor CAT”).

November 21, 2016 –Calverton, NY — Graphene 3D Lab (TSXV:GGG, OTCQB:GPHBF) and Stony Brook University (“Stony Brook” or the “University”) are pleased to announce that they have entered into a Memorandum of Understanding (“MOU”) to collaborate with the University’s divisions of Center for Integrated Electrical Energy Systems (“CIEES”) and Center for Advanced Technology in Sensors (“Sensor CAT”). The joint research will aim at developing technology for a light-weight lithium-ion battery pack with the intended use for aerial drones and mobile robots. Graphene 3D will supply advanced carbon nano-composites materials to CIEES needed to manufacture and test lithium-ion electrical batteries. The Company will also have access to the CIEES facilities to perform structural and chemical analysis for quality assurance measurements.
“There is a strong need for a light, safe and long lasting battery, especially for such emerging technologies as unmanned aerial vehicles and mobile robots. Using graphene in the formulation for the electrode compound of the lithium-ion battery, greatly enhances the battery performance.” said Graphene 3D co-CEO Daniel Stolyarov. “We anticipate that the demand for our graphene materials will substantially increase in the energy storage market. Working together with research groups in the University and utilizing their state-of-the-art research facilities allows the Company to complete R&D in a very cost effective manner as well as shorten the product development time.”
Read the full press release.
Connect with Graphene 3D Lab (TSXV:GGG, OTCQB:GPHBF) to receive an Investor Presentation.

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