News Flow, page-61

Expecting to see considerable news flow across the next 6 weeks with multiple projects underway due for further updates.

4V Battery Prototype Development:

Further work will be conducted to test the battery ink cells with different loads and levels of humidity.

Development Milestone -
Reducing Battery Ink Cell SizeEarly observations suggest battery ink cells have potential to be reduced in size whilst still generating a similar level of voltage (0.8V). Significantly, this could potentially enable development of much smaller devices or greater energy generated from a specific area.
The next development milestone is to develop battery ink cells up to four times smaller than the existing cells. For illustration, this would enable four cells to be fabricated in the space taken by one current cell (1cm x 1cm). Voltage output will be tested over a five hour period to determine whether a similar level of voltage (0.8V) can be generated from the smaller cells. Potential of reducing cell size further will be investigated if the programme is successful.
*Development of smaller Battery Ink cells is expected to be conducted over the next 4-6 weeks. (ASX 28/1/21 announcement due anytime from late Feb to mid March.)

Further Development:
The technology is being designed to be a hybrid electric generator - battery cell fabricated with a printable ink. Development to date has been focused on voltage and the ability to harvest energy from humidity in the air.
The initial market focus remains on wearables and IoT related devices as they have lower energy output requirements such as cosmetic, pressure, environmental and health (e.g. diabetes or cardiovascular monitoring).
A further development milestone is to develop Battery Ink cells capable of being fabricated onto a flexible textile material. The mechanical capability of the cells to be flexed will then be tested. The Company has an initial goal of achieving 500 bending cycles.*Development of the flexible textile material prototype is expected to be conducted over the next 6-8 weeks. (Update due by mid to late March 2021.)

Big News due by May 2021:
"This goal was released by the Company on the 28/Oct/2020 where the Managing Director was quoted stating the “aim is to develop a 1 Megabit ultra-low power, flexible, transparent memory device within the next 6 months”.The technology is under development, however the Company is still aiming to achieve this by May 2021."

Further updates due across multiple other Company projects as well as a possible new acquisition.