Hi guys,
Found some very interesting information on the web page for the company Dr Song works for.(fund raising)
I am going to go out on a limb here and say that I think Anteo Energy, Nano-Nouvelle and DreamWeaver Int. are working together in the background to develop the battery technology to eventually licence it to battery manufacturers in the future. (Licensing is stated below)
I always wondered how ADO would capitalise on if they could produce such an amazing leap in technology and I believe it is possible some information below may be the answer. This would also explain the 'drop in technology' rather than manufacturing themselves!!
You will also note that near the bottom it talks about Hybrid vehicles and this is an area Geoff focused on in the small amount of information that was released to the market. It would also explain the very very small amount of information released to the market. Why? Because it isn't just their technology (they wouldn't be allowed too) and also explains how they can say they have a working battery.
Perhaps the investors whom stumped up the $1M know that we are working with one or both these companies and that they have the potential to make a major break through in energy storage etc.
What would be the great news if this were true?
I doubt their would be major cost involved once the tech is ready to be licenced! Just collecting royalties or licensing fees or both!
Just my speculation for today!
NANO-NOUVELLE RAISES $3.7 MILLION IN SERIES C FINANCING
Marcoola, Qld – June 24, 2015 – Nano-Nouvelle, a materials technology company, today announced that it has closed a $3.7 million Series C Financing to support continued development and commercialisation of its novel battery electrode materials. The investment was led by existing investor Terra Rossa Capital with substantial participation by the sophisticated private investors Simon Hackett and Bradley Maguire together with nine other new and existing investors.
Nano-Nouvelle has developed the Nanode™, a three-dimensional nano-structured, porous electrode that is overcoming the limitations of today's batteries. With applications ranging from renewable energy storage and consumer electronics, to hybrid/electric vehicles and electricity grid management, Nano-Nouvelle's technology addresses a broad and diverse market. "This funding will enable us to move our product development forward, as we develop collaborations and partnerships with key industry players and adapt the product functionality to their applications" explained Stephanie Moroz, CEO of Nano-Nouvelle.
Terra Rossa Capital first invested in Nano-Nouvelle in 2011 - when its battery technology was still just a concept. Terra Rossa's CEO, Dr Roger Voyle, noted the company's substantial progress since then: "we now see a business that is progressing commercial relationships with the leading players in the global battery industry."
Simon Hackett said he was attracted to Nano-Nouvelle by its potential for enabling very fast charging of batteries in electric cars and personal electronic devices. "Major new market opportunities will emerge with the advent of batteries equipped with nanotechnology-based battery electrodes," he said.
"Nano-Nouvelle's disruptive technology could change the way that we interact with battery-operated electronic devices. The team understands this problem space very well and they are well advanced on the path to realising their vision."
Mr Maguire was introduced to the company and its CEO, Stephanie Moroz, at their Tech23 presentation in 2013, and soon afterwards he visited their Sunshine Coast laboratories. As he describes his participation: "The technology was impressive with huge commercial potential, and it was obvious that management were good stewards of shareholders' money. I am pleased to be welcomed aboard and to be part of Nano-Nouvelle's exciting future."
Nano-Nouvelle will apply the funding to collaborations with customers, developing manufacturing processes, and ongoing product development.
About Nano-Nouvelle
Nano-Nouvelle is a materials technology company developing products for its 3D nano-porous conductive membranes for energy, environmental, chemical and biomedical applications. The team of top scientists at Nano-Nouvelle is pushing the boundaries of functional materials with patent filings around its core technology. The first products in development are high performance battery electrodes, in which the high surface area of conductive material is particularly beneficial to enable batteries to charge faster and last longer. Read more at www.nanonouvelle.com.au.
About Terra Rossa Capital
Terra Rossa Capital is a specialist investor in early and expansion stage knowledge-based businesses. Based in Adelaide, Australia, Terra Rossa has been investing successfully nationally and internationally for almost ten years.
About Simon Hackett
As a successful Australian technology entrepreneur, Simon Hackett is invested in a variety of Australian and US startups in fields he is passionate about. He is a non-executive director of the National Broadband Network (www.nbn.com.au) and of Redflow (www.redflow.com). Read more at www.simonhackett.com/about.
In order to use processes that are proven for large scale manufacturing, Nano-Nouvelle requires high surface area substrates made with materials that can be delivered efficiently at high volumes. “Dreamweaver’s advanced nanofibre membranes provide a fitting, low cost, high surface area platform on which to build our electrode structures,” said Stephanie Moroz, CEO of Nano-Nouvelle.
Dreamweaver can tailor the substrate for each of Nano-Nouvelle’s electrode applications and also scale the production quickly as Nano-Nouvelle aims to license the Nanode™ technology to battery manufacturers. “We look forward to working with Nano-Nouvelle’s licensees, and can provide sustainable manufacturing capability of up to hundreds of millions of square meters per year through our existing manufacturing partners,” said Brian Morin, President & COO of Dreamweaver International. One million square meters could potentially make cathode materials sufficient for 650 000 micro hybrid vehicles.
“This is an exciting opportunity for us to contribute broadly to advancing the state of the art of advanced technology batteries,” said Jim Schaeffer, Dreamweaver’s CEO.
About Dreamweaver International
Dreamweaver International Inc. is an advanced technology company whose products use a combination of nanofibres and microfibres to deliver best-in-class performance in lithium ion batteries, supercapacitors and alkaline electrolyte primary cells. Dreamweaver was founded in 2011 by Jim Schaeffer and Brian Morin, and is headquartered in Greenville, South Carolina. For more information call +1-864-968-3320 or visit their website at www.dreamweaverintl.com.
ADO Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
(20min delay)