In what has been a rather forgettable day for the ASX, Strategic Elements Ltd [ASX:SOR] is a standout.
The SOR share price is up 8.5% today, defying a sea of red across the wider market.
As for why, well it’s thanks to one of their exciting investments. A rechargeable battery that quite literally runs on air. A battery that is increasingly being tested for higher charges.
Let’s take a deeper look.
Powering up
In tandem with the CSIRO, Strategic Elements has been busy creating unique battery technology.
Not only is it rechargeable, but it is self-chargeable. Using moisture in the air, from humidity, to generate electricity. A power source that would upend the current battery market as we know it, if it was powerful enough.
Prior to today though, this self-charging technology could only generate 0.8 volts from a single cell. But this was just the start.
Today, thanks to their ongoing work, Strategic Elements has revealed that they have achieved a maximum voltage of 4.4 volts from their new prototype battery pack. With ongoing work to reduce the size of individual cells and maintain the same charge.
And, even more excitingly, because it is ‘ink’ based, they are working on making it fabricated. An endeavour that could see it be made available for textile material.
In other words, if they succeed, we will be able to add a ‘battery’ to clothing. Giving us the ability to digitise our fashion industry and usher in an era of smart textiles. A solution that will open plenty of new opportunities for companies, and entire industries.
Not only is it exciting, but it is potentially revolutionary.
Which is precisely why this stock has been flying in recent weeks. A move that will be very pleasing for early investors. Which includes subscribers of our very own Exponential Stock Investor.
Editor and Analyst duo Ryan Dinse and Lachlann Tierney were well ahead of the curve. Recommending this stock just prior to the recent surge, netting readers some very tidy gains. And they’ve got plenty more where that came from.
To learn how you can get access to these hot stock picks, click here.
What’s next for the SOR share price?
In the meantime, for Strategic Elements, the focus remains on further development.
Turning this electrified battery ink into a more robust and accessible technology. Amongst a range of other investment plans, too.
For more energy market disruption ideas though, check out our latest report. Detailing the incredible changes that have arrived, as well as the ones still to come. Not to mention ways you can profit from it.
Click here to get the full story, for free.
Regards,
Ryan Clarkson-Ledward,
For Money Morning
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