Published: 2012-07-17 14:06:00
Zenn's missive is mostly about a doubling sextupling down on its Eestor relationship, upping the ante to $30.5 million and receiving, in return, all rights to supply eventual energy-storing product regardless of territory or vehicle type.
For its part, the Eestor statement concerns technological developments. Apparently, the company has now successfully manufactured 20 micron-thick voidless squares of material capable of handling more than 3,500 volts that have "a dc resistance of greater than 700 terra ohms" (mmm... terra ohms... mmm). While this obviously sounds very impressive, the company warns that the aforementioned layers "do not yet achieve the level of permittivity necessary for commercial production." They are working on that though.
my View about this Content
This is what tripled the stock price, temporarily. Maybe they can solve it, someday.
