- AnteoTech (ADO) has received notice from the United States Patent and Trademarks Office that its patent application will be issued on March 10
- This patent will deliver significant growth in the U.S market and differentiate it from competitors
- It confirms protection for use of AnteoTech’s coating and binding technologies
- The company’s technologies allow large amounts of silicon to be integrated into the electrical conductor that drives storage capacity
- At market close AnteoTech’s shares are up 4 per cent and trading for 2.6 cents apiece
AnteoTech (ADO) has received notice from the United States Patent and Trademarks Office that its patent application will be issued on March 10.
This patent will deliver considerable leverage in the U.S. market as AnteoTech can confidently differentiate its solutions developed using its proprietary and IP protected components.
This U.S. patent covers relatively broad claims and confirms a proprietary position for use of AnteoTech’s coating and binding technologies.
It also covers the use of AnteoTech’s surface modification technologies to improve the performance and shelf life of high-performance materials.
AnteoTech’s silicon composite allows for the simple integration of large quantities of silicon into the electrical conductor that drives storage capacity.
Complementary to this is its cross-linked binder program that supports the development of silicon composite to further drive and improve battery performance.
This granted patent is the first of two AnteoTech patent applications which are currently under examination in more than 20 countries.
The patent provides the company with the ability to develop market and battery surface modification solutions in the U.S. while also ensuring its IP (intellectual property) will be protected.
The rigorous process that the United States Patent and Trademarks Office undertook to assess this technology gives AnteoTech confidence that its similar patents that are currently under examination will be granted in other key markets.
“This is a pivotal moment for AnteoTech’s Energy program. The granting of a patent that protects our technology in the largest and fastest growing Li ion battery market in the world provides a differentiator that we will leverage immediately,” CEO Derek Thomson commented.
At market close AnteoTech’s shares are up 4 per cent and trading for 2.6 cents apiece in a $37.50 million market cap.