3DIcon to Enter Battery Energy Storage Market

on September 24, 2016

power engineerTULSA, OK–(Marketwired – September 22, 2016) – 3DIcon Corporation (“3DIcon”) (OTC PINK: TDCP), which is scheduled to close on its acquisition of Coretec Industries LLC this month, announced that, through Coretec and its silicon materials technologies, it will commence the commercialization of Coretec’s proprietary high value liquid silicon precursor, cyclohexasilane, Si6H12 (“CHS”), for use within the growing battery energy storage market.

Lithium-ion (Li-ion) batteries are rechargeable batteries commonly used in portable electronics where weight, size and time between charging are critical. Theglobal market for Li-ion batteries is witnessing a significant growth owing to their increasing use in smartphones, tablets/PCs, digital cameras, and power tools and is estimated to be $46.2 billion dollars by 2022. Additionally, the demand for Li-ion batteries in the automobile industry is increasing as electric vehicles enter the market in greater volume.

A key challenge remaining for the broader adoption of Li-ion batteries is a need for further improvements in the amount of energy stored combined with the number of times the battery can be recharged before it must be replaced. Under current practice the capacity of Li-ion batteries is being enhanced by adding silicon while advances in improving the lifetime continue to be made by varying how the silicon is added. Currently in these cases, monosilane (SiH4) gas is commonly used as the starting material.

Coretec has licensed technology for the manufacture of CHS and derivatives of CHS. Our strategy is to replace monsilane gas with CHS in these applications. A significant competitive advantage of CHS is that it is a liquid at room temperature and not explosive, making it easier and safer to handle than monosilane gas. CHS can also be converted into silicon directly from a liquid or gas, allowing greater flexibility in processing. We have shown that CHS can be easily converted into films, nanoparticles and nanofibers, all of which have been considered for use in Li-ion batteries.

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PowerEngineering3DIcon to Enter Battery Energy Storage Market