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CRR extends battery technology evaluation program

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CRR extends battery technology evaluation program

Critical Resources has extended its battery technology evaluation program with a thermal management evaluation license from NTU Singapore. This license covers intellectual property related to the thermal management of lithium-ion batteries and data center cooling infrastructure. The evaluation program looks at thermal management for processors, graphics chips, and lithium-ion batteries, aiming to operate in elevated-temperature environments without the need for refrigeration chillers. The company's solid-state battery evaluation program is directly linked to lithium supply chain insights and downstream battery development.

The thermal management technologies involve a two-phase spray cooling approach, enhancing efficiency in heat removal from electronic components and battery systems. The system significantly reduces energy consumption and enhances cooling efficiency. The company plans a structured evaluation of the technology portfolio through a potential Research Collaboration Agreement with NTU. The announcement also provides details of transaction terms and shares insights from the NTU research team on the innovation.

Investors are encouraged to reach out with any questions they may have regarding this announcement. For more information or to sign up for ASX alerts, please visit our website or contact us directly.

AI-Generated Summary: This content may contain inaccuracies. Neither the Company nor InvestorHub assumes responsibility for its accuracy. Please refer to the full announcement before making any investment decision.

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