Strategic Elements (ASX:SOR) Announces Breakthrough in Power Generation from Moisture – The Market Herald

Subscribe

Be the first with news that moves the market

  • Strategic Elements (SOR) and its research partner, the University of NSW, reveal a “radical change” in the ability to convert moisture in the air into electrical energy
  • The company says its battery technology has shown potential to increase the technology’s electrical charging capability from milliamp-hours to amp-hours.
  • Strategic Elements is working to implement this technological breakthrough in a world’s first battery to harvest a range of amp-hours of electrical charge from moisture in the region.
  • Meanwhile, SOR has filed trademark applications for its Energy Ink and Powered by Moisture technologies.
  • SOR shares rose 27.59% to 18 cents apiece at 10:19 a.m. AEST

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

The company said breakthroughs in its battery technology have shown the potential to increase the technology’s electrical charging capability from milliamp-hours to amp-hours.

As such, Strategic Elements began work to implement and validate its technological breakthroughs in a world’s first battery to harvest a range of amp-hours of electrical charge solely from humidity in the region. The results of this development work are currently expected in the third quarter of 2022.

The company said in a statement to the ASX that “not long ago” many people were saying that it would be impossible to generate usable power from moisture.

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

“To now realistically target the generation of electrical energy in the ampere-hour range solely from air humidity is a huge achievement for us. Our technology does not rely on scarce resources
materials and poses no safety risk, and in addition, can provide flexibility to electronics.

SOR said it has also filed trademark applications for its Energy Ink and Powered by Moisture technologies.

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

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

The company said the market for electronic skin patches is currently worth US$10 billion (A$14.4 billion) and is expected to reach US$30 billion by 2031. These products are used to provide information on the sport and health from devices connected to the human body.

Shares of Strategic Elements soared 27.59% to 18 cents apiece at 10:19 a.m. AEST.