Change in legal form at nanoFlowcell Holdings completed

Press Release

Change in legal form at nanoFlowcell Holdings completed

  • nanoFlowcell Holdings (NFC) becomes a public limited company on 1 August 2021
  • nanoFlowcell Holdings plc to focus its R&D on combinable nanoFlowcell® and AI applications
  • NFC leads project for the development of a humanoid robot

Zurich, September 9th, 2021 — nanoFlowcell Holdings (NFC), the leading research and development company for advanced flow cell technologies and AI applications, has adopted a new legal form as part of its strategic corporate development and is now operating under the name nanoFlowcell Holdings plc (public limited company under British law). The company’s registered office and address remain unchanged.

In September 2020, NFC had electronically securitised its assets, which are now identifiable by ISINs, thus setting the stage for its transformation and potential exchange or off-exchange trading.

To coincide with the transformation, Nunzio La Vecchia, CEO and CTO of nanoFlowcell Holdings, announced that the R&D company would increasingly focus on combined flow cell and AI applications in the future. “As a relatively small R&D company, we can’t set up our processes the same way as large laboratories do,” says Nunzio La Vecchia. “We have therefore strictly used digital research tools ever since we started our research activities in 1996, and have gradually added AI-based methods and processes as well. Our innovation research is firmly focused on cognitive process automation and smart workflows. We’re subsuming our expertise in these areas under the heading ‘n-AI’ – nanoFlowcell Artificial Intelligence – and will bring this expertise to bear in our innovation partnerships.”

Earlier this year, NFC took over the technical lead on a unique AI project: As a partner in an international consortium of scientists, engineers and investors, NFC is contributing to the development of a superintelligent humanoid robot. The company has adapted its nanoFlowcell® specifically to the robot’s architecture, giving humaN48 – as the project is called – the greatest possible autonomy.

In the automotive sector, NFC will present the alternative to current electric vehicle concepts later this year: the QUANTiNO twentyfive.

nanoFlowcell Holdings plc

<p id="pr-about" class="text-size-small">London-based nanoFlowcell Holdings plc is an innovative research and development company in the field of energy technology and AI applications, with subsidiaries in Switzerland, the USA and Germany.</p>

<p class="text-size-small">nanoFlowcell® is the product brand of nanoFlowcell Holdings plc, representing their proprietary flow cell-based energy technology. Unlike conventional batteries, the nanoFlowcell® flow cell is not recharged at electric charging stations; instead, it is refueled with bi-ION®, a specially designed electrolyte fluid that is toxicologically safe, non-flammable, and environmentally producible. Similar to fuel tanks in combustion engines, the energy capacity of a nanoFlowcell® system is scalable, depending on the size of the bi-ION® tank, which determines the amount of energy available for use.</p>

<p class="text-size-small">Under the QUANT brand, nanoFlowcell Holdings plc develops mobile and stationary applications powered by nanoFlowcell® technology. The company showcased the potential of this technology with the QUANTiNO twentyfive, a road-legal electric sports car featuring a 48VOLT low-voltage nanoFlowcell® powertrain. It offers a driving range of up to 2,000 kilometers on electric power without batteries. QUANT powered by nanoFlowcell® represents sustainable, eco-friendly electromobility without compromising performance, safety, or comfort.</p>

<p class="text-size-small">The term n-AI (nanoFlowcell Artificial Intelligence) refers to NFC's expertise in digital research tools and AI-driven technologies and applications.</p>

<p class="text-size-small">For more information on nanoFlowcell Holding plc, nanoFlowcell® technologies, QUANT technology vehicles, and n-AI innovations, please visit www.nanoflowcell.com.</p>

Change in legal form at nanoFlowcell Holdings completed
Download pictures
Change in legal form at nanoFlowcell Holdings completed
Download PDF-text

Contact

nanoFlowcell Management AG

presse@nanoflowcell.com