The Coretec Group (OTCQB: CRTG) today announced its decisive step toward global leadership in energy innovation with the acquisition of a controlling stake in KIB Plug Energy Co., Ltd., a prominent KOSPI-listed enterprise in South Korea. The transformative acquisition, coupled with the company’s strategic restructuring of its Core Optics subsidiary, ambitious plans for a GIGA-scale battery plant and upcoming funding initiatives, solidifies Coretec’s status as a global powerhouse in energy and technology.
“This acquisition marks a transformative moment in our journey,” said Dr. Kim, co-chairman of Coretec. “We are redefining the energy landscape through groundbreaking innovations and a relentless commitment to sustainable solutions.”
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About The Coretec Group, Inc.
The Coretec Group, headquartered in Ann Arbor, Michigan, specializes in the development of engineered silicon for advanced applications. Through its proprietary Endurion program, Coretec is creating silicon anodes for lithium-ion batteries designed to charge faster and last longer, with the potential to revolutionize the electric vehicle (“EV”) market and other energy storage applications. For more information, please visit TheCoretecGroup.com.
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