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KMYGY
Kumyang Co., Ltd.

Sponsored ADR (1 ADS : 0.25 Ordinary)

N/A

5.00 / No Inside (1 x 1)

Real-Time Best Bid & Ask: 05:00pm 06/10/2025
OTC Disclosure & News Service
Kumyang Partners with Nanotech Energy to Accelerate Innovations in Energy Storage Solutions


Kumyang Partners with Nanotech Energy to Accelerate Innovations in Energy Storage Solutions

This collaboration aims to enhance the development and commercialization of cutting-edge energy storage systems.


This partnership will allow us to accelerate our research initiatives and bring our innovative energy storage solutions to market more rapidly, benefiting both companies and the environment.”
— Dr. Jack Kavanaugh

SUNNY ISLES BEACH, FL, UNITED STATES, October 4, 2024 /EINPresswire.com/ -- Kumyang Co., Ltd., a leader in advanced manufacturing and energy solutions, is thrilled to announce a strategic partnership with Nanotech Energy, a pioneer in next-generation energy storage technology.

This collaboration aims to enhance the development and commercialization of cutting-edge energy storage systems, focusing on efficiency, sustainability, and scalability.

With the growing demand for efficient energy storage solutions worldwide, this partnership brings together Kumyang’s extensive experience in manufacturing and Nanotech Energy’s groundbreaking innovations in battery technology.

Together, the two companies will leverage their strengths to create advanced energy solutions that support renewable energy integration and drive the transition towards a sustainable future.

"Partnering with Nanotech Energy marks a significant step forward in our commitment to advancing energy technologies," said Dr. KJ Ryu, Chairman and CEO of Kumyang. "By combining our expertise and resources, we aim to develop next-level energy storage systems that will not only meet the needs of our customers but also contribute to global sustainability efforts."

Nanotech Energy’s proprietary technology utilizes innovative materials to enhance battery performance, making them safer, more efficient, and environmentally friendly. This partnership will focus on joint research and development projects, as well as the production of next-generation batteries that can be used in various applications, from electric vehicles to renewable energy systems.

“We are excited to collaborate with Kumyang, a company that shares our vision for a sustainable energy future,” said Dr. Jack Kavanaugh, CEO of Nanotech Energy. “This partnership will allow us to accelerate our research initiatives and bring our innovative energy storage solutions to market more rapidly, benefiting both companies and the environment.”

The collaboration is expected to yield significant advancements in energy storage technology within the next few years, aiming to set new industry standards for efficiency and sustainability.

Nanotech Energy will additionally support this new partnership by distributing the current Kumyang offering of 2170 and 4695 cells while also the jointly developed cells that will come over the next 6 months. Nanotech Energy will hold the exclusive rights to sell, market, and distribute battery cells produced by Kumyang as part of the partnership.

For Questions Contact Nanotech Energy:

Phone: 1-866-626-6797
Email: Info@NanotechEnergy.com

Michael Lang
Nanotech Energy
+1 866-626-6797

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