Focus Graphite Inc. on behalf of Grafoid Inc., announced today Grafoid's joint venture development agreement with Coquitlam, British Columbia-based CapTherm Systems Inc. to develop and commercialize next generation, multiphase thermal management systems for electric vehicle (EV) battery and light emitting diode (LED) technologies.
CapTherm Systems Inc - Progressive Thermal Management is a thermal management/cooling company specializing in personal computer, server, LED, and electric vehicle cooling systems. It develops and commercializes proprietary, next-generation high-power electronics cooling technologies.
Its multiphase cooling technologies represent the core of its products that harness the power of latent heat from vaporization.
Under the terms of the agreement, Grafoid Inc., a company invested in the production of high-energy graphene and the development of graphene industrial applications will supply both materials and its science for adapting graphene to CapTherm's existing EV and LED cooling systems.
"This alliance represents a milestone for both companies in their pursuit of cutting edge, energy-saving, green technology graphene applications," said George Economo, Grafoid's business development manager.
"Integrating graphene's superior thermal conductivity to CapTherm's existing EV and LED cooling applications goes to the core of Grafoid's IP development strengths," he said.
CapTherm Systems CEO & Technical Director Timo Minx said next generation cooling technologies require next generation materials.
"Graphene and its properties as a superconductor will enable CapTherm to position itself well for future thermal challenges," Mr. Minx said.
"Making our products even more competitive by taking advantage of graphene's lateral and vertical heat spreading capabilities is a logical step in advancing our science to meet those future challenges," Mr. Minx added.
He said graphene is a novel 21st century material that has the potential to revolutionize a multitude of markets.