Commenting on the award of the grant, Dotz Nano’s CEO Dr Moti Gross, stated: “I am pleased to announce to our shareholders the awarding of this grant that will assist in the development of the GQD enriched LIB cathode, for use in consumer electronics. The proposed technology has withstood the rigors of peer-review and that the SIIRD executive directors support the proposed project and development. With the receipt of these non-diluting funds, aimed at the R&D for the GQD enriched LIB cathodes, Dotz Nano can expand its reach into the energy storage market and collaborate with first tier companies such as Ulvac Technologies which is our beta site partner for the proposed project. "As I stated in previous announcements, Dotz Nano's commercialization into various applications gives our GQDs exposure to a wide variety of market segments that will assist us in the commercialisation of our GQDs". “I am excited about the opportunities ahead of us and I look forward to informing the market on our progress and commercialisation efforts”.
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