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

nanoFlowcell Holdings plc is an innovative research and development company in the field of energy technology and AI applications.

nanoFlowcell® is the product brand name used by nanoFlowcell Holdings plc for its proprietary flow cell-based energy technology. All a nanoFlowcell® needs in order to store and convert energy is the company’s proprietary electrolyte liquid, which is toxicologically safe, non-flammable and eco-friendly to produce, and carries the brand name bi-ION®. A nanoFlowcell® is not charged at an electric charging station like conventional batteries, but is filled up with bi-ION®. As in vehicles with combustion engines, the tank size is scalable and ultimately determines the amount of energy available.

Under the QUANT brand, nanoFlowcell Holdings plc develops mobile and stationary applications to test its nanoFlowcell® technologies. In recent months, the company has demonstrated the great potential of a nanoFlowcell®-powered electric vehicle, particularly with its technology carrier QUANTiNO 48VOLT. This road-legal mid-range sports car featuring a nanoFlowcell® 48VOLT low-voltage drive system is capable of driving distances in excess of 1,000 kilometres on 100 percent electric power – while reaching a top speed of 200 km/h and accelerating from 0 to 100 km/h in under 5 seconds.

In short, QUANT powered by nanoFlowcell® stands for environmentally compatible and sustainable electric mobility without compromising on comfort, inherent safety, performance or cost.

The term n-AI – nanoFlowcell Artificial Intelligence – encapsulates NFC’s expertise in digital research tools and AI-based technologies and applications.

For more information on nanoFlowcell Holdings plc, nanoFlowcell® technologies, QUANT technology carriers and n-AI innovations, please visit http://www.nanoflowcell.com.

Change in legal form at nanoFlowcell Holdings completed
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