The Coretec Group’s core technology revolves around its proprietary Cyclohexasilane (CHS) chemistry, enabling six times more silicon atoms per molecule than conventional precursors. This technology produces silicon nanoparticles integrated into lithium-ion battery anodes via the Endurion program, enhancing energy density, charge rates, and cycle life. Scalable manufacturing processes include silicon particle engineering, electrode design, and integration methods addressing volume expansion.
Endurion battery program products include CHS-derived silicon nanoparticles and composite silicon anode materials for lithium-ion batteries, offering increased energy density, faster charging capabilities, and extended cycle life for electric vehicles and stationary energy storage applications.
In 2024, The Coretec Group acquired a controlling stake in KIB Plug Energy Co., Ltd., expanding operations across 53 countries with over $70 million in annual revenue. The company has also initiated plans to build a giga-scale battery manufacturing facility in the United States.
Institutional investors hold stakes as evidenced by SEC filings. Mr. Keen, involved since 2007 and serving as CEO from 2013 to 2016, is a notable shareholder. In 2024, the company secured funding through a private placement of Series D Convertible Preferred Stock to support the KIB acquisition.
