SOR’s Nanocube Memory Ink technology granted patent approval in Japan, shares jump
The company is also “exceptionally excited” by its integrated Battery Ink technology stack, with more development updates expected in Q4.
Innovation and tech investment firm Strategic Elements (ASX:SOR) is set for an exciting period of development with its world-leading memory ink technology.
This morning the company announced another important update, with patent approval for the Nanocube Memory Ink by Japanese regulators.
“This Japanese patent, JP6968057, is a Japanese jurisdictional equivalent to AAM’s US patent granted in January 2020,” SOR said.
Shares in the company bounced in morning trade, climbing by 12.5% to 22.5c.
The extension of its global patent platform follows a number of key breakthroughs by the SOR research team for commercial applications of the Memory Ink technology.
Through the course of 2021, the team – based at the UNSW School of Materials Science and Engineering – made key advancements for its Battery Ink technology used in the multi-billion dollar market for wearable electronics.
The Battery Ink is developed by “integrating significant existing ink formulation and printed electronics IP” from SOR’s Nanocube Memory Ink technology, the company said.
In that context, the team was able to scale up the batches of ink produced, from small-scale ink to one-litre batches, as well as establish proof of material increases in power output.
“Fabrication has moved from lab methods to small area screen printing of the Battery Ink, which has set the foundation for the next stage of advancement in the technology,” SOR said.
As it scales towards a commercially viable technology, the UNSW research team is now heading into 2022 with strong momentum after unrestricted access to university facilities was reapproved in late-September.
With its full resources now available, the team is working towards its next round of key milestones on the Battery Ink technology.
Accompanying its patent announcement this morning, the company said it remains “exceptionally pleased” with the progression of the Battery Ink technology, with more updates expected before the end of the year.
Additional work on the broader application of the Nanocube Memory Ink technology is also now scheduled to commence in the first quarter of 2022.
This article was developed in collaboration with Strategic Elements, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.