DAIS ANALYTIC CORPORATION (DLYT 0.36, -0.02, -4.05%) , a clean technology firm commercializing its nanotechnology inventions focusing on the applications of desalination, energy efficient HVAC equipment, and energy storage (ultracapacitor), announced today it has entered into a research agreement with prestigious University of Florida located in Gainesville, Fl.
The agreement will power the path to energy's future focusing on Dais' NanoCap(TM) ultra capacitor moving it from successful materials testing to prototype.
The materials test results, conducted by GE's Global Research and Development Center, show Dais' materials and design exhibit great promise to yield a power storage device able to dramatically improve power delivery from consumer electronics to "smart grid" applications, to most forms of transportation.
"NanoCap's testing to date shows that our materials have the potential of being configured into an energy storage unit capable of replacing the internal combustion engine -- or perhaps better described, as being able to deliver the electronic equal to the energy density of gasoline," said Scott Ehrenberg, Chief Technology Officer of Dais. Further, Ehrenberg states, "The unit, which we believe can be built and marketed, has the ability to positively improve power delivery in a wide range of industries world-wide."
With the advent of an energy storage device such as NanoCap, designed to be scalable for small or large projects, electricity from intermittent electricity generators like solar panels and wind turbines could be stored for use at a later time. This form of flexible storage allows the steady and predictable release of renewable electricity into the nation's electric grid advancing the economics of renewable energy sources which offer strong environmental positives.
President of Dais, Tim Tangredi stated, "The partnership with the University of Florida's strong team, headed by Saeed Moghaddam, Ph.D., is designed to allow Dais to move its 'game changing' ultracapacitor application closer to market introduction."