Smoltek Nanotech Holding AB carried out a rights issue during May and June, which was subscribed to 86.4 percent. As a result, approximately SEK 22.4 million was added to the company, before issue costs.
Smoltek Hydrogen has developed a new material that solves the major technical challenge that threatens to halt the fast-growing industry for green hydrogen produced by intermittent energy sources, such as solar and wind power. With the groundbreaking nanomaterial, the use of iridium (catalysts) in PEM electrolyzers can be reduced to levels that make large-scale hydrogen production profitable.
Smotek Semi is taking the next step in the development of the CNF-MIM capacitor technology, in technical collaboration with Yageo. And the next generation – Gen-One is expected to deliver a fivefold increase in capacitance density compared to Gen-Zero.
Smoltek Hydrogen and AGC Plasma Technology Solutions have finalized the design of a Prototype Coater for industrial growth of carbon nanofibers. The purpose with the tool is to verify that the nanofibers can be grown using a Plasma Enhanced Chemical Vapor Deposition (PECVD) technology from AGC. The technology is scalable and can be extended to be used for substrates of several square meters, for future mass production.
One of the world's largest vehicle manufacturers is testing custom-made prototypes of a cell material that can significantly reduce the amount of iridium in an electrolyzer cell. The custom-made prototypes delivered by the subsidiary Smoltek Hydrogen have the potential to reduce the iridium load in electrolyzer cells by 95% compared to today's commercial materials, which is a prerequisite for large-scale production of fossil-free hydrogen.
Smotek Semi has developed a new technology generation of our CNF-MIM capacitor technology. The new generation, called Gen-Zero, is the foundation for achieving the goal of manufacturing different types of capacitors with very high capacitance density – by enabling high volumetric capacitance density.
Smoltek Hydrogen has produced hydrogen, for 1,000 hours with a catalyst load of only 0.2 milligrams of iridium/cm2, without any breakdown of the nanostructure in the cell having occurred.
Smoltek and Yageo have collaborated for a long time to enter into an agreement regarding the further development and commercialization of capacitors based on Smoltek's CNF-MIM technology. In December both parties announced the intention to enter into a license and service agreement. However, yesterday Yageo choose not to sign the agreement.
Smoltek has been awarded two new patent grants in a patent family called Discrete CNF-MIM. The protected innovation discloses a discrete capacitor component based on our CNF-MIM technology. With these two patents, our IP portfolio will now comprise 89 granted patents.
Smoltek has three new patents granted – in three new and separate patent families, all related to how our technology can reduce contact resistance between different layers in electrochemical cells, mainly for use in electrolyzers and fuel cells. These new patents also bring our IP portfolio to comprise 87 granted patents.
Smoltek has been awarded yet another patent in our patent family for Interposers, protecting solutions based on the CNF-MIM capacitor technology. The patent has been granted in Korea, bringing our patent portfolio to 84 granted patents globally.
Smoltek has the intention to sign a global exclusive license and services agreement for discrete and embedded capacitors with YAGEO Group. This would grant YAGEO a global, exclusive right to manufacture and sell capacitor products based on Smoltek's patent protected technology platform for ultra-thin carbon nanofiber capacitors (CNF-MIM).