We at Natcore work hard to communicate to our shareholders the progress we are achieving with our technology. We believe that we’ve earned a reputation of doing so.
Because of that reputation, some shareholders have asked why they haven’t heard much from us lately.
I want to assure you that our recent relative silence does not imply a lack of progress or achievement. On the contrary, our temporary silence is a result of successes and how we are working to deal with them. These successes are now starting to emerge….
We are Natcore Technology. We’re a solar R&D company.
And we are creating technology that promises to make solar energy even more cost-competitive with energy derived from fossil fuels.
To reach that goal, we must attain the highest silicon cell efficiencies at the lowest cost. Our technology promises to do both.
So we’re changing how solar cells are made. We have attracted a team of scientists well known for their achievements in the solar industry. We’ve established exclusive licenses and/or joint research agreements with Rice University, the National Renewable Energy Laboratory (NREL), Fraunhofer ISE and the University of Virginia. We’ve received 27 patents (with 36 more pending).
Natcore is aggressively developing two primary technologies:
We’ve not only achieved exciting new scientific advances in these technologies, we’re also now engaging partners who will help us commercialize them.
We plan to generate revenue from these technologies via licensing agreements, royalties and material sales agreements with solar cell manufacturers and equipment producers.
And through our Best-of-Breed program—wherein we leverage our knowledge to function as a consultant on the design and construction of solar cell and panel fabrication facilities and solar farms—we are now generating important revenue to support our R&D efforts.