Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
1414 Degrees Ltd. ( (AU:14D) ) has issued an update.
1414 Degrees Ltd has successfully completed all technical milestones in its SiBox Development Agreement with Woodside Energy Technologies, retaining full control and ownership of the SiBox intellectual property. The company has also acquired an exclusive global license for the SiNTL aluminium-coated silicon nanoparticle technology, which is expected to enhance battery charge capacity and cycle life. This acquisition positions 1414 Degrees to leverage the high-performance battery segment, with implications for the electric vehicle and renewable energy sectors. Additionally, the company has raised $1.214 million to fund the Aurora BESS Project and further develop the SiNTL technology, signaling strong investor confidence in its growth strategy.
More about 1414 Degrees Ltd.
1414 Degrees Ltd is a company operating in the energy storage industry, focusing on developing thermal energy storage solutions. Its primary products include SiBox and SiBrick technologies, which are designed to enhance energy storage efficiency and scalability. The company is also involved in the development of advanced battery materials, targeting high-performance applications such as electric vehicles and renewable energy infrastructure.
Average Trading Volume: 1,690,199
Technical Sentiment Signal: Hold
Current Market Cap: A$13.54M
See more data about 14D stock on TipRanks’ Stock Analysis page.