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Strategic Elements keeps Battery Ink development on track and looks to data sector

The Intellectual Property gained through development of the printable memory ink technology has enabled the company to enhance development speed - with results on track for November 2020.

Strategic Elements Ltd - Strategic Elements keeps Battery Ink development on track and looks to data sector
The global battery market for IOT was worth US$8.7 billion in 2009 and is forecast to reach US$15.9 billion in 2025

Strategic Elements Ltd (ASX:SOR) has commenced finalising the scale up of its battery ink technology to achieve a volume of one litre of ink this week for its self-charging battery.

The self-charging battery technology is being developed under a collaboration with the University of New South Wales and CSIRO, partially funded by the Federal Government.

The Battery cells generate electricity from humidity in the air or skin surface to self-charge themselves within minutes and no manual charging or wired power is required.

They are created with a printable ink and are ideally suited for use in Internet of Things (IOT) devices and have competitive advantages over lithium-based batteries that suffer from flexibility, dimension, weight and safety issues whilst needing a constant power supply to recharge.

To provide perspective, 1 litre of Battery Ink has the capacity to produce more than 2000 printable battery cells

Printable neuromorphic memory potential

The company has also commenced testing the Nanocube Memory for its potential in printable brain-inspired (neuromorphic) computing.

The Nanocube Memory structure and operation allows it to combine computing and memory in one place in a way similar to how biological neurons operate.

The company will test the Nanocube Memory for its potential in flexible, transparent, brain-inspired (neuromorphic) computing and emulate a series of synaptic functions.

Results are on track to be released in December 2020.

Australian innovation acquisitions

The company generates high risk-high reward ventures from combining teams of leading Australian scientists or innovators and is seeking further acquisitions in Australian innovation.

Notably, the Australian Federal Government has registered Strategic Elements as a Pooled Development Fund with a mandate to back Australian innovation.

According to IDC4 “the amount of data created over the next three years will be more than the data created over the past 30 years” and the company is currently focused on opportunities that leverage the enormous increase in the amount of data being created and consumed across government, consumer, and business sectors.

Quick facts: Strategic Elements Ltd

Price: 0.48 AUD

ASX:SOR
Market: ASX
Market Cap: $181.62 m
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