Coretec Group

The Coretec Group Inc. develops and applies engineered silicon to enable new technologies and enhance the lifespan and performance of materials across various industries. The company was incorporated on August 11, 1995, in Oklahoma, initially as 3DIcon Corporation. On June 22, 2017, it filed to change its name to The Coretec Group Inc., effective June 29, 2017. Prior to September 30, 2016, its main activity was raising capital for 3D display technologies. On September 30, 2016, Coretec Industries LLC became a wholly owned subsidiary, and the Group issued 15,870 shares of Series B Convertible Preferred Stock, later converted into 30,374,363 shares of common stock. The Coretec Group owns intellectual property and patents related to its silicon technology. It is exploring opportunities to use its silicon discoveries to improve lithium-ion batteries, solid-state LED lights, and semiconductors. The company is also investigating using its intellectual property to develop optical plastics for its CSpace 3D imaging chamber. Under the name Endurion, the company is developing a lithium-ion battery with a silicon-based anode. Silicon is recognized in the battery industry for its potential to increase battery life and utility. Current challenges with silicon anodes include expansion and contraction issues, leading to the continuous formation and degradation of solid-electrolyte-interphase (SEI) material as lithium-ions are absorbed and discharged. This process can cause silicon particles to break down, reducing charging capacity, and the SEI formation consumes lithium-ions, negatively impacting cycle life.