Accelerating Innovation at COnovate: Scaling Production & Advancing Sustainability
The discovery of the GmO materials was at nanogram levels. Since that discovery, the Company has scaled the process to 1 kg batches which is 11 orders of magnitude. The Company is now practicing a very scalable production method that uses conventional industrial equipment and will be easily incoroporated into existing battery manufacturing facilites.
COnovate has definitively demonstrated the capability to make GmO with bio-sourced feedstocks. It has also scaled these materials to 1 kg batches in a manner of a couple of months. In contrast, scaling to 1 kg took well over two years from graphene oxide, the primary feedstock used prior to our investigation of bio-sourced feedstocks. This eCOphite material has shown comparable, if not better, performance than the prior material from mined material we used to initially demonstrate the material. Our technology offers significant cost savings, localized supply options and a sustainable, cleaner feedstock option. With the current industry anxiety around the materials’ supply chain, the Company believes this option will be well-received by manufacturers and OEMs alike.
The Company has generated over $3.5M in non-dilutive grant funding from federal and state sources. COnovate has been very fortunate to experience high success rates on its research proposals. The Company has also raised over $1.6M in investment funding. Together, the Company has levered this funding to make significant performance and scaling improvements for its eCOphite material.
The Company has generated over $3.5M in non-dilutive grant funding from federal and state sources. COnovate has been very fortunate to experience high success rates on its research proposals. The Company has also raised over $1.6M in investment funding. Together, the Company has levered this funding to make significant performance and scaling improvements for its eCOphite material.
The Company is engaged with key industry collaborators including a significant OEM that is an ideal partner for early introduction of our material who will provide key validation and testing for our eCOphite material.
In addition to OEMs and manufacturers in the battery supply chain, the Company has started engagements with other targeted strategic partners with interest in new advanced carbon solutions. COnovate is also engaged with key candidate bio-feedstock providers who are providing key in-kind support to our work.
