|November 21, 2016|
Graphene 3D Lab Plans to Develop a Next Generation Lithium-ion Battery and Joins Forces with Stony Brook University
|November 21, 2016 --Calverton, NY -- Graphene 3D Lab Inc. (TSX-V: GGG, OTCQB: GPHBF) (the "Company") 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."
The MOU will be in effect for an initial term of one year, corresponding to the specified conditions, with the possibility of an extension if mutually agreed upon by both parties.
About Stony Brook University
Stony Brook University is a public research university with more than 25,000 students located Long Island in the State of New York in the United States. It is part of the State University of New York (SUNY) system. This is one of America's most dynamic public universities, a center of academic excellence and an internationally recognized research institution that is changing the world. After less than 60 years of existence, it's ranked among the top 100 universities in the nation. Stony Brook University has more than 140 graduate and more than 200 undergraduate programs.
About Center for Integrated Electric Energy Systems
The Center for Integrated Electric Energy Systems at Stony Brook University is a designated Center for Advanced Technology in the energy systems with focus with two main thrusts: electric grid and energy storage technology. The Center mission is to accelerate energy storage and electric grid technologies through innovative programs designed to promote industry growth by supporting industry collaborations with university experts. CIEES is funded by Empire State Development's Division of Science, Technology and Innovation (NYSTAR).
About Sensor CAT
The Sensor CAT (Center for Advanced Technology) supports science-based start-ups by providing universal modern prototyping facilities, assistance from its entrepreneur-in-residence, and connections to the New York investment community. The Sensor CAT's work is driven by needs of New York industries that develop, manufacture, or employ sensors. Its primary areas of expertise and research include; but are not limited to optoelectronic sensor systems (including sensor systems for electric grid monitoring and control); sensors and energy storage devices based on carbon nanomaterials; mid-IR sources and sensor systems; superconducting sensors and electronics with ultra-low energy consumption; RF-based sensor systems; and universal sensor platforms based on energy harvesting.
About Graphene 3D Lab, Inc.
Graphene 3D Lab, Inc. is a world leader in the development, manufacturing and marketing of proprietary composites and coatings based on graphene and other advanced materials. These diverse materials have a wide spectrum of commercial, research and military applications. The Company's wholly owned subsidiary, Graphene Laboratories Inc., currently offers over 100 graphene and related products to a client list comprised of more than 11,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM and Stanford University. The Company's suite of products are available online at the company's e-commerce platform Graphene Supermarket (www.graphene-supermarket.com).
3D printing division of the Company offers a portfolio of specialty fused filament fabrication filaments. These materials can be purchased through multiple distribution networks worldwide or directly online at www.blackmagic3D.com.
Graphene 3D also holds a new proprietary technology encompassing the preparation and separation of atomic layers of graphene. This technological breakthrough represents a new, energy efficient process to manufacture, sort and classify graphene nanoparticles resulting in the potential for large scale production of high grade graphene at lower costs than exist in today's marketplace.
The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has eight US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.
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