Graphene & Solar Technologies Limited releases Shareholder Letter & Company Operational Update with current activities announcements including details of a 2021 US $47 million recent acquisition and updates of new corporate initiatives.
1. the US $47 million acquisition in May 2021 of a “Thin-Film” technology company, Cima NanoTech, with 120 internationally registered unique Patented technologies and “thin-film” applications.
2. New Joint Venture Graphene production factory has been agreed upon to manufacture industrial and electronics grade Graphene. Plans are to commence production in June 2022.
3. Transparent clear flexible thin-film solar applications in the final development of production processes and techniques.
4. Development of applications is ongoing for manufacturing low-cost high-output electric vehicle batteries and for Thin-film anti-freeze and auto-windshields heating applications, battery or solar-powered.
5. Manufacturing EMF shielding to eliminate electromagnetic interference in 5G Communication networks.
6. The Company-designed Water Extraction/Harvester unit, with no moving parts, is particularly suitable for remote locations designed to supply pure water for outdoor and indoor locations. Water Harvester units and farms of parallel units can generate from the Air, 50 gallons to 10,000 gallons per day. The GSTX proprietary Water Harvester technology system will operate efficiently on mains power, solar, wind, and/or battery power systems. The Water Harvester uses an active cooling system utilizing modern, energy-efficient control systems, energy-efficient cooling, and the system is designed to efficiently maximize energy use. A basic Water Harvester unit will have a service life of approximately 10+ years.
GSTX has also successfully developed sustainable (ESG) Alternative Energy Solutions, utilizing the new “wonder material” Graphene and GSTX “Thin-Film nano-technology”.
GSTX has also agreed upon establishing a Joint Venture with a US-based Graphene manufacturer to locate an industrial and electronics-grade graphene production factory in Brisbane, Australia.
Thin-Film solar applications are a recent solar industry innovation. When combined with graphene and nanotech technologies, it significantly advances the efficiency of solar industry technologies.
Transparent, flexible, seamless, and lightweight solar panels will largely replace the existing cumbersome metal-framed solar installations, especially for solar-powered windows in high-rise buildings, creating significant operating cost savings.
(Except for the headline, this story has not been edited by The Technology Express staff and is published from a syndicated feed)
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