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SOR doubles down on $US10 billion market opportunity as battery ink technology advances

by admin
March 31, 2021
in Android watches
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SOR doubles down on $US10 billion market opportunity as battery ink technology advances
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The corporate introduced an enormous analysis breakthrough this morning by down-scaling the scale of every battery cell.

Innovation Firm Strategic Elements (ASX:SOR) is making vital developments in its self-charging battery know-how for wearable electronics – a world market that generates upwards of $US10bn in income per 12 months.

It marks one other thrilling business alternative for the enterprise, as product improvement continues on its proprietary battery ink know-how with a staff of main researchers on the College of NSW (UNSW).

In its newest breakthrough, SOR confirmed it may produce battery ink cells at a scaled-down dimension for a extra optimised power-to-space ratio.

The staff achieved its previously-stated objective of a four-times discount in space for every cell, from 1cm² to 25mm², which efficiently produced a 14V energy output.

Together with improved flexibility (no cracking) and voltage energy, the battery ink cells have additionally demonstrated the capability to self-charge from humidity within the air – a product development that removes the necessity for constant recharging.

It marks an essential improvement as a result of when linked collectively, smaller batteries can generate extra energy from the identical quantity of area as one bigger battery.

Right this moment’s replace follows on from another tech breakthrough yesterday, the place the battery ink cells had been fabricated onto fabric and bent greater than 2,000 occasions.

The R&D program aimed to check the versatile power of the battery and the impact on voltage capability from repeated bending – each of which had been confirmed.

Billion-dollar market

 With its newest outcomes, SOR is constructing in the direction of an improved answer for wearable electronics – a market which generated over $US10bn in income in 2019 and is anticipated to development to $US40bn by 2030.

The wearable tech market contains well-liked gadgets corresponding to sensible watches and heartrate screens.

In that context, the power of the analysis staff to scale back the scale of battery Ink cells is a key improvement as a result of it permits for elevated design freedom for various wearable gadgets.

That’s a fabric enchancment on current battery inputs for wearable gadgets (corresponding to lithium), that are extra inflexible.

“Battery Ink geometry is ready to be tailor-made to make the most of accessible area, in contrast to conventional cumbersome batteries which have compelled the product to be designed to accommodate them,” SOR defined.

“That is notably related to the gadgets which might be connected to the human physique.”

Whereas Strategic Component will initially goal the worldwide wearable tech sector, its Battery Ink know-how may also be utilized to an expanded addressable market.

In consequence, the analysis pipeline contains testing the applying as an influence supply for sensors constructed on plastic and glass (or wrapped round different curved surfaces), as a part of improved smart-building designs and infrastructure tasks.

Subsequent steps

For traders watching SOR’s key breakthroughs on its proprietary battery ink know-how with curiosity, the corporate outlined a timeline of near-term steps within the wake of its current improvement milestones.

Having confirmed its capability to down-scale dimension for elevated energy output, the corporate will now flip its consideration to a screen-printing prototype.

Already widely-used as a manufacturing methodology for small-scale elements in electronics manufacturing, affirmation of the capability for Battery Ink to be display printed will probably be a key subsequent step in constructing out its software for wearable gadgets.

The following stage of improvement will probably be carried out by SOR’s main analysis staff on the UNSW College of Supplies Science and Engineering – the Number one ranked tertiary faculty in Australia for materials sciences.

With in depth expertise in printed digital inks and reminiscence storage, the analysis group has attracted greater than $20m in analysis funding and collaborated on tasks with main multinational firms.

To construct its screen-printing prototype, the staff will undertake advanced optimisation work on the nanoscale stage to ascertain the correct parameters for dimension and energy.

Work on the subsequent stage of improvement is anticipated to be accomplished within the 2nd quarter of 2021.

“As soon as this has been achieved the staff will give attention to prolonged stability of general energy output,” SOR mentioned.

This text was developed in collaboration with Strategic Parts, a Stockhead advertiser on the time of publishing.

 This text doesn’t represent monetary product recommendation. You must take into account acquiring unbiased recommendation earlier than making any monetary choices.

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