A subsidiary of PCBL Chemical Ltd., Nanovace Technologies Ltd. has had the patent for the process given to its proprietary method of creating nanomaterials applicable to next-generation energy storage technologies by the United States Patent Office.
This groundbreaking patent will constitute a significant milestone in PCBL R&D process and is a significant addition to its intellectual property in the energy storage sector.
The patent award not only proves that the company has been innovative in terms of technology but also ushers in new avenues of strategic alliance, licensing and eventual commercialization in the global markets.
In search of funds following the successful demonstration of the technology at a laboratory level, Nanovace Technologies is developing a pilot plant, due by Q3 FY26 to prove the industrial feasibility of its own.
PCBL expects the move to help it improve its long-term growth opportunities and fits in its vision about becoming one of the leaders in sustainable energy solutions.
PIN PCBL Chemical Ltd. stock gained 0.87 percent, or 3.55 on Monday to trade at 424.10. Nonetheless, the share is 8% lower in the year-to-date terms.
Nanovace Technologies is ushering in a new era of sustainable energy solutions. A pioneering joint venture by PCBL Chemical Ltd. and Kinaltek Pty Ltd. and a proud member of the RP-Sanjiv Goenka Group, we specialize in advanced Nanosilicon materials that enhance battery performance, reduce environmental impact, and lower costs.
