Coretec Group signs lease for laboratory

ANN ARBOR—Officials at Coretec Group Inc., (OTCQB: CRTG), developers of engineered silicon and 3D volumetric displays, announced the company has signed a lease for a wet laboratory in the same building as its corporate offices in the MI-HQ building in Ann Arbor.

The laboratory will have the necessary equipment for air sensitive chemistry including a fume hood, Schlenk line, and glove box, as well as other common synthesis tools such as a rotary evaporator and centrifuge. Construction on the laboratory space is progressing and the dompany has begun acquiring lab equipment. The landlord anticipates the space will be ready for occupancy by the end of December.

The laboratory will enable Coretec Group to produce cyclohexasilane (CHS) and silicon quantum dots as well as conduct experiments. The data gained from these experiments will be useful to meet the customers’ needs as well as spawn further innovations. In addition, the laboratory will be a useful tool for the company’s CHS battery development.

“I am excited that The Coretec Group will have its first devoted wet lab space allowing us to realize our goals of engineering silicon to improve life,” said Ramez Elgammal, chief technology officer at Coretec Group. “Part of this will be bringing a dedicated R&D Scientist onboard to fast-track application development for CHS in a variety of markets including lithium-ion battery anodes and the development of next generation solid-state lighting. This is an important milestone for the company.”

MI-HQ is a cooperative entrepreneurial community with 160,000+ square feet on Ann Arbor’s west side that helps local companies grow by providing functional, affordable space in a collaborative environment that fosters acceleration. More at https://mi-hq.com.

Coretec Group is developing a portfolio of engineered silicon to improve energy-focused verticals, including electric vehicle and consumer batteries, solid-state lighting, and semiconductors, as well as 3D volumetric displays and printable electronics. The Coretec Group serves the global technology markets in energy, electronics, semiconductor, solar, health, environment, and security. More at thecoretecgroup.com.

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