12/3/2024 - NATCORE ADDS IMPORTANT NEW INTELLECTUAL PROPERTY WITH ACQUISITION OF NEWCYTE TECHNOLOGY
Written by Administrator
Thursday, 03 December 2024 16:58
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PRESS RELEASE SYMBOL: NXT.V
NATCORE ADDS IMPORTANT NEW INTELLECTUAL PROPERTY WITH ACQUISITION OF NEWCYTE TECHNOLOGY Vancouver, British Columbia – December 3, 2024 - Natcore Technology Inc. (TSX-V: NXT) (“Natcore” or the “Company”) is pleased to announce that it has executed an agreement to purchase NewCyte Inc., a private firm controlling key intellectual property in the field of nanotechnology. NewCyte’s portfolio of intellectual property includes several issued and pending patents covering the coating of fullerenes (including carbon nanotubes) with silica, dielectric and/or semiconducting films for a variety of potential applications, including photon, chemical and biomolecule sensing. The potential end uses for these technologies include new devices in photovoltaics (solar cells), portable biochemical analysis and artificial retinas. While NewCyte’s research is early stage, the potential applications are compelling, and Natcore feels the addition of this intellectual property portfolio represents a significant and valuable expansion of its current IP assets. Two of NewCyte’s shareholders are Professor Andrew Barron and Dr. Dennis Flood, both of whom are scientific founders of Natcore. While Natcore’s technology involves the growth of silicon dioxide (silica) onto silicon substrates, the technology licensed by NewCyte involves the growth of thin films of silica, dielectrics and semiconductors on fullerenes, which include carbon nanotubes. The potential applications of this technology include important improvements in solar cell designs. Specifically, NewCyte has completed a two-year, $750,000 Phase II Small Business Innovation Research (SBIR) contract with the U.S. Air Force to improve the performance of space solar cells. The contract was administered by the Air Force Research Laboratory at Kirtland Air Force Base, New Mexico. In this research project, NewCyte successfully demonstrated that the incorporation of quantum nanostructures in a specific manner in today’s commercially available space solar cells significantly improves overall cell performance. Use of the technology increases both cell efficiency and the cell’s resistance to the damaging effects of on-orbit cell bombardment by high-energy electrons and protons generated by the sun. It is anticipated that incorporation of NewCyte’s technology in current space solar cell designs will give satellite solar arrays more power-generating capability, and enable them to last significantly longer in orbit without requiring any change to either array size or design. This improvement would lower the cost of doing business in space and is particularly important for the civilian geosynchronous (GEO) satellites on which so much of our economic activity now depends. NewCyte has held discussions with major space satellite companies about the transition of the technology to commercial production. Natcore will consider awarding licenses to existing manufacturers of space solar cells to enable rapid entry of the technology into the marketplace. As consideration for the purchase of NewCyte, Natcore has agreed to issue NewCyte shareholders a total of 200,000 Payment Warrants entitling the holders to acquire Natcore shares at strike prices ranging from C$0.75/share to C$2.00/share, subject to the approval of the TSX Venture Exchange. “We had identified this exciting technology as being important and complementary to Natcore,” notes Chuck Provini, Natcore’s president and CEO. “NewCyte’s intellectual property geometrically expands the potential of Natcore’s fundamental technology into the arena of carbon nanotubes and other fullerenes. However, while the long-term significance of this acquisition could be quite substantial, we remain focused on our short-term goals of developing prototypes for Liquid Phase Deposition equipment and super-efficient tandem solar cells.” Brien Lundin, Natcore’s chairman, adds, “Thanks to our close collaboration with Prof. Barron and Dr. Flood, we were quite familiar with what NewCyte was doing. But there are challenges to advancing early-stage technologies as a private company. Given our proven ability to push projects forward as a public company, it simply made sense to bring NewCyte under the Natcore umbrella.” On behalf of the Board of Directors, “Charles Provini” President & Chief Executive Officer Contact: Geoff Watson 604.699.8633
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Natcoresolar.com Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company’s future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. About Natcore Technology Inc. Natcore Technology is the exclusive licensee, from Rice University, of a thin-film growth technology enabling room-temperature growth of various silicon oxides on silicon wafers in a liquid phase deposition (LPD) process. Although the implications of this discovery for semiconductors and fiber optics are significant and wide-ranging, the technology has immediate and compelling applications in the solar sector. Specifically, the Company’s LPD process could enable silicon solar cell manufacturers to significantly reduce manufacturing costs and increase throughput, and has the potential to allow, for the first time, mass manufacturing of super-efficient (30%+) tandem solar cells with double the power output of today’s most efficient devices. Having been independently tested and verified by one of the world’s most respected science and technology laboratories, Natcore’s technology is now in the process of being commercialized. Our goal: to make stand-alone solar energy competitive with conventional power generation.
Last Updated ( Thursday, 31 December 2023 16:04 )
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10/26/2009 - NATCORE BEGINS NEW RESEARCH PROGRAM AT OHIO STATE UNIVERSITY
Written by Administrator
Tuesday, 27 October 2024 16:47
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PRESS RELEASE SYMBOL: NXT.V NATCORE TECHNOLOGY INC. BEGINS NEW RESEARCH PROGRAM AT OHIO STATE UNIVERSITY VANCOUVER, BRITISH COLUMBIA - October 26, 2024 - Natcore Technology Inc. ("Natcore" or the "Company") has begun a collaborative project with The Ohio State University's Wright Center for Photovoltaics Innovation and Commercialization (PVIC) to further refine the Company's Liquid Phase Deposition (LPD) technology. The project, being contracted through NewCyte, Inc., a member of PVIC, is designed to develop the film growth parameters necessary to integrate the Company's proprietary antireflective (AR) coating technology into current state-of-the-art silicon solar cell processing lines. A first step toward that goal is to fully characterize the optoelectronic and thermomechanical properties of Natcore's AR coating. The project will determine optimum AR coating layer thickness and performance using industry-standard computer models, and will verify the predictions with measured data. The outcome from this work will guide the development of process controls for production system operations on the factory floor. The Wright Center for PVIC consists of a world class technology platform in the state of Ohio employing second and third generation photovoltaic materials tailored primarily for applications in clean electricity generation. PVIC's goal is to accelerate the photovoltaic (PV) industry by reducing solar costs, improving technologies and transferring these new techniques from the laboratory to the production line. While accomplishing key goals in Natcore's internal research and development plans, this collaborative project will also provide important technical data requested by potential joint venture partners. "Previous work in an independent laboratory refined our LPD process and provided key baseline data," says Chuck Provini, president and CEO of Natcore. "Our research project at Ohio State will provide the final technical data being requested by groups now conducting due diligence on our process. In short, this will be an important milestone toward our goal of bringing our scientific achievements to the factory floor." Brien Lundin, Natcore's chairman, notes that "This program is an important real-world complement to the blue-sky research on quantum-dot tandem solar cells now being conducted in Professor Andrew Barron's laboratory, through our sponsored research program with Rice University. We remain committed to advancing our technology on all fronts." On behalf of the Board of Directors, Charles Provini, President & Chief Executive Officer Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. About Natcore Technology Inc. Natcore Technology is the exclusive licensee, from Rice University, of a thin-film growth technology enabling room-temperature growth of various silicon oxides on silicon wafers in a liquid phase deposition (LPD) process. Although the implications of this discovery for semiconductors and fiber optics are significant and wide-ranging, the technology has immediate and compelling applications in the solar sector. Specifically, the Company's LPD process could enable silicon solar cell manufacturers to significantly reduce manufacturing costs and increase throughput, and has the potential to allow, for the first time, mass manufacturing of super-efficient (30%+) tandem solar cells with double the power output of today's most efficient devices. Having been independently tested and verified by one of the world's most respected science and technology laboratories, Natcore's technology is now in the process of being commercialized. Our goal: to make stand-alone solar energy competitive with conventional power generation. This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("the U.S. Securities Act") or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Capitalization Report for Natcore Technology Inc Shares Issued: 21459953 Shares Escrow: 9684835 TSX Venture closing price for Natcore Technolog Date: 2024/10/26 Closing Price: 0.420 TEL: 604.699.8633 Natcore Technology Inc. Geoff Watson E-mail:
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Internet: www.Natcoresolar.com
Last Updated ( Thursday, 31 December 2023 16:07 )
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10/21/2009 - NATCORE ENTERS INTO SOUTH AMERICAN SELLING AGREEMENT
Written by Administrator
Friday, 23 October 2024 17:55
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PRESS RELEASE SYMBOL: NXT.V NATCORE TECHNOLOGY INC. ENTERS INTO SOUTH AMERICAN SELLING AGREEMENT VANCOUVER, BRITISH COLUMBIA - October 21, 2024 - Natcore Technology Inc. ("Natcore" or the "Company") has entered into an exclusive selling agreement with State Capital, Inc., an international financial services and investment banking firm, for sales throughout South America. State Capital, founded in 1999, has offices in Brazil, Chile, Argentina and the United States. The firm enjoys a paramount reputation throughout South America and has a well-known and impressive client list. State Capital will implement and coordinate potential joint ventures, partnerships and licensing of Natcore's products and technology through their South American offices. Working on a commission basis, with no upfront costs to Natcore, they will initially introduce Natcore's process of applying the essential anti-reflective coating on solar cells. "It is anticipated that this technology will dramatically reduce energy costs, material costs and toxic emissions," says Chuck Provini, Natcore's CEO. "We've been following Natcore's development for some time now, and we're anxious to take this innovative technology to our extensive South American network," says Luca Longobardi, State Capital's CEO. "We've worked with Chuck Provini for more than 20 years--in fact he's now one of our directors--and his involvement with Natcore gives us great confidence in this program. In addition to the anti-reflective process Provini says "we feel the aggressive South American markets, particularly Brazil, are eager to integrate new technologies to greatly improve the efficiency of solar energy, and for the first time actually make solar energy financially viable. On behalf of the Board of Directors, Charles Provini, President & Chief Executive Officer Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. About Natcore Technology Inc. Natcore Technology is the exclusive licensee, from Rice University, of a thin-film growth technology enabling room-temperature growth of various silicon oxides on silicon wafers in a liquid phase deposition (LPD) process. Although the implications of this discovery for semiconductors and fiber optics are significant and wide-ranging, the technology has immediate and compelling applications in the solar sector. Specifically, the Company's LPD process could enable silicon solar cell manufacturers to significantly reduce manufacturing costs and increase throughput, and has the potential to allow, for the first time, mass manufacturing of super-efficient (30%+) tandem solar cells with double the power output of to-day's most efficient devices. Having been independently tested and verified by one of the world's most respected science and technology laboratories, Natcore's technology is now in the process of being commercialized. Our goal: to make stand-alone solar energy competitive with conventional power generation. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Capitalization Report for Natcore Technology Inc Shares Issued: 21459953 Shares Escrow: 9684835 TSX Venture closing price for Natcore Technolog Date: 2024/10/21 Closing Price: 0.330 TEL: 604.699.8633 Geoff Watson, Natcore Technology Inc. EMAIL:
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WEBSITE: www.Natcoresolar.com
Last Updated ( Thursday, 31 December 2023 16:09 )
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NATCORE TECHNOLOGY INITIATES SPONSORED RESEARCH AGREEMENT WITH RICE UNIVERSITY
Written by Administrator
Friday, 25 September 2024 16:30
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PRESS RELEASE SYMBOL: NXT.V NATCORE INITIATES SPONSORED RESEARCH PROGRAM WITH RICE UNIVERSITY TO EXPLORE QUANTUM-DOT TANDEM SOLAR CELLS Vancouver, British Columbia – September 23, 2009, Natcore Technology Inc. (TSX-V: NXT) (“Natcore” or the “Company”) reports that it has signed a Sponsored Research Agreement with Rice University to develop thin films incorporating silicon quantum dots. These quantum dots are an important step in the development of tandem solar cells that could double the power output of current silicon solar cell technology. The Sponsored Research Agreement will be directed by Professor Andrew R. Barron as Principal Investigator and employ the resources of the Barron Research Group at Rice. The initial term and estimated funding of the Agreement is one year and US$100,000; both the term and the funding can be extended under mutual agreement. Dr. Barron is a co-founder of and technical consultant to Natcore Technology Inc. Currently the Charles W. Duncan, Jr.-Welch Endowed Chair of Chemistry and Professor of Materials Science at Rice University, Dr. Barron is the author of numerous publications in the area of materials preparation via chemical pathways. The author of over 350 peer-reviewed scientific papers, with nearly 80 focusing on developments in nanotechnology, Professor Barron was also the first faculty member hired for what is now called the Richard E. Smalley Institute for Nanoscale Science and Technology, the first such institute in the world. Natcore Technology has licensed proprietary and patent pending technology from Rice University that enables room-temperature growth of various silicon oxides on silicon wafers from a chemical bath in a liquid phase deposition (LPD) process. In addition, Natcore controls certain proprietary and patent pending technologies associated with solar cell structures potentially enabling the development of “super-efficient” tandem solar cells. Thin films containing quantum dots would be an important component of these tandem solar cells, which would have the potential to double the power output of conventional silicon solar cells. The goal of the Company’s research program with Rice will be to determine the methods for growth of quantum dot thin film structures using the LPD process. The research program will begin immediately. “We are very excited to enter this next stage of our company’s growth,” said Charles Provini, President and CEO of Natcore. “We are continuing to advance the foundational portion of our business plan, which focuses on significantly lowering the costs of silicon solar cell manufacturing using our LPD process. But there is no denying that the potential to dramatically increase solar cell efficiencies remains one of the most exciting and potentially compelling applications of our technology.” In other news, the Company reports that it has closed a final tranche of 20,000 units of the non-brokered private placement announced on June 29, 2024 and September 1, 2009. An aggregate of 2,932,500 units at a price of $0.40 per unit were sold for aggregate gross proceeds of $1,173,000. The units issued in this final tranche are subject to a four month hold period expiring January 16, 2010. On behalf of the Board of Directors, “Charles Provini” President & Chief Executive Officer Contact: Geoff Watson 604.699.8633
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Natcoresolar.com Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company’s future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. About Natcore Technology Inc. Natcore Technology is the exclusive licensee, from Rice University, of a thin-film growth technology enabling room-temperature growth of various silicon oxides on silicon wafers in a liquid phase deposition (LPD) process. Although the implications of this discovery for semiconductors and fiber optics are significant and wide-ranging, the technology has immediate and compelling applications in the solar sector. Specifically, the Company’s LPD process could enable silicon solar cell manufacturers to significantly reduce manufacturing costs and increase throughput, and has the potential to allow, for the first time, mass manufacturing of super-efficient (30%+) tandem solar cells with double the power output of today’s most efficient devices. Having been independently tested and verified by one of the world’s most respected science and technology laboratories, Natcore’s technology is now in the process of being commercialized. Our goal: to make stand-alone solar energy competitive with conventional power generation. About Rice University Located in Houston, Rice University is consistently ranked one of America's best teaching and research universities. Known for its "unconventional wisdom," Rice is distinguished by its: size — 3,102 undergraduates and 2,237 graduate students; selectivity — 12 applicants for each place in the freshman class; resources — an undergraduate student-to-faculty ratio of 5-to-1; sixth largest endowment per student among American private research universities; residential college system, which builds communities that are both close-knit and diverse; and collaborative culture, which crosses disciplines, integrates teaching and research, and intermingles undergraduate and graduate work.
Last Updated ( Thursday, 31 December 2023 16:10 )
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RICE-BORN COMPANY TO EASE SOLAR-PANEL MANUFACTURING GOES PUBLIC, GIVES BACK
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BY MIKE WILLIAMS
Rice News staff
The first publicly traded company to spring from Rice University technology is now taking stock in some of the best brains at Rice. Natcore Technology, a New Jersey firm that specializes in advancing the science of solar energy, has signed an agreement to fund research by the Rice lab of Andrew Barron to the tune of $100,000.year, Natcore became the first Rice spinoff to go public when it was listed (as NXT.V) on the Canadian Stock Exchange. At publication time, shares were hovering at around 40 cents a share. "Rice has licensed to public companies before, but this is the first Rice spinoff to go public," said Barron, the university's Charles W. Duncan Jr.-Welch Professor of Chemistry and professor of materials science, who co-founded the company and remains a technical consultant. "Other universities have been doing this kind of thing for years, but we never have," he said. "It's an exciting step forward every time we get a product in the marketplace that we can attribute to Rice," said Nila Bhakuni, director of Rice's Office of Technology Transfer, who said Natcore's "tremendous combination of money, savvy and talent" will raise the university's research profile and the potential for revenue. "It reflects well on Rice and on the work by our brilliant researchers and enhances our Vision for the Second Century," she said. "Certainly Dr. Barron has a very impressive track record and a long history of entrepreneurship. He's amazingly creative in his research activities." The company is based on technology invented by Barron's lab and licensed from Rice called liquid phase deposition (LPD). The process deposits thin films of silicon dioxide and mixed silicon oxides onto solar panels and other products. Before LPD, putting critical antireflective coatings on solar cells involved huge vacuum furnaces operating at 1,800 degrees Fahrenheit. Barron's technology makes the process easier and cheaper by coating the cells' silicon wafers with a mild chemical bath at room temperature. Earlier this The high temperatures involved in making solar cells have required silicon panels thick enough to withstand the heat without warping. Eliminating the furnace means the silicon in solar cells can be as much as 60 percent thinner. Natcore claims LPD will make the mass manufacture of tandem solar cells possible. Such cells have the potential to double the power output of today's most efficient panels, the best of which now convert only about 20 percent of sunlight captured into electricity. The company expects to apply the technology in semiconductor and fiber optic applications as well. Barron said the new research funding will help his lab advance the technology even further, increasing its efficiency while making the manufacture of solar cells more environmentally friendly. He also sees potential for LPD to be used in the manufacture of other materials, from sophisticated contact lenses to windows that serve double duty as transparent solar panels. The company itself won't make solar cells but rather equipment to add to manufacturers' production lines. President and CEO Charles Provini is convinced manufacturers will quickly see the light when Natcore's process allows them to shut down their furnaces and recycle chemicals, greatly reducing waste. "We don't think we have any competition," said Provini, adding that a current glut in the supply of solar panels could present an opportunity for Barron's technology. "Since solar panels are becoming more of a commodity, manufacturers are concerned about their profit margins. Our process can reduce their overall costs and increase their margins."
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