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Strategic Elements (ASX:SOR) reports breakthrough in generating electricity from moisture

ASX News, Technology
ASX:SOR      MCAP $27.26M
11 May 2022 10:42 (AEST)
Strategic Elements (ASX:SOR) - Nanocube Memory Ink

Source: Strategic Elements

Strategic Elements (SOR) and its research partner, the University of NSW, have revealed a “step-change” in the ability to convert moisture in the air to electrical energy.

The company said breakthroughs in its battery technology have shown the potential to increase the electrical charge capacity in the tech from milliamp-hours to ampere-hours.

As such, Strategic Elements has started work to implement and validate its tech breakthroughs into a world-first battery pack to harvest an ampere-hour range of electrical charge solely from moisture in the area. The results of this development work are currently slated for the third quarter of 2022.

The company said in a statement to the ASX it “wasn’t long ago” that many people said it would be impossible to produce any usable energy from moisture.

“Our team experienced a lot of scepticism,” SOR said.

“For us to now realistically target the ampere-hour range generation of electrical energy solely from humidity in the air is a huge achievement. Our technology doesn’t rely on rare
materials and carries no safety risks, and in addition, can provide flexibility to electronics.”

SOR said it had also made applications to trademark its Energy Ink and Powered by Moisture technologies.

Unlike lithium-based batteries, Energy Ink uses green, sustainable materials that are safe and non-flammable and, when printed onto flexible plastic, can be flexed and bent around the human body or structures.

According to SOR, there is a near-term market in electronic skin patches, but the company is in the early stages of testing the technology.

The company said the electronic skin patches market was currently worth US$10 billion (A$14.4 billion) and was forecasted to grow to US$30 billion by 2031. These products are used to provide sports and health information from devices attached to the human body.

Shares in Strategic Elements were soaring 27.59 per cent higher to 18 cents each at 10:19 am AEST.

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