The CIA aims to facilitate a collaborative investment in advanced battery technology, from research and development activities to product commercialisation. The collaboration will also explore opportunities for joint efforts in developing products and solutions in advanced battery technology, funding initiatives, and commercialisation activities.
The agreement was exchanged at NanoMalaysia’s booth during the International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM 2024). NMB was represented by Dr Rezal Khairi Ahmad, CEO of NMB and IBC was represented by its chairman, Prof Dr Azizan Ahmad.
IBC is a key player in Malaysia's battery technology industry and is known for its leadership in research and innovation in energy storage solutions. NMB has been at the forefront of advancing the local electric vehicle (EV) technology ecosystem.
This initiative will lead to the joint development of energy storage solutions, the exploration of advanced technologies, and collaboration on technological advancements to develop solid-state electrolytes for graphene-based batteries by utilising the combined expertise to push for energy storage technologies.
Dr Rezal said: “This CIA leverages IBC’s cutting-edge expertise and established network to push the boundaries of battery development in Malaysia. Collaborating with IBC allows NanoMalaysia to develop solid-state electrolytes for graphene-based batteries and advanced battery research.
At the same event, NMB exchanged a Collaborative Investment Agreement with Vgmatics Sdn Bhd.
The agreement exchange is focused on the scale-up of a graphene thermal paste project where the collaboration will explore opportunities for joint commercialisation. Graphene thermal paste can enhance heat sinks in various electronic devices to provide better thermal management. Additionally, the paste can be applied to high-performance CPUs, GPUs, and other electronic components that generate significant heat, ensuring optimal performance and longer lifespan by efficiently dissipating heat. Finally, this material could be utilised in energy technologies such as solar cells or power inverters to prevent overheating and improve efficiency.
Mohd Shahril Amin Bistamam, CEO of Vgmatics Sdn Bhd, and Dr Rezal Khairi Ahmad, CEO of NMB, were the document exchange signatories.
Vgmatics will be responsible for scaling up the production process of graphene thermal paste, ensuring efficient commercialisation, and meeting market demand.
Dr Rezal said: “By partnering with Vgmatics for the scaling-up process, this project aims to accelerate commercialisation and bring graphene thermal paste to the market, meeting the growing demand for effective thermal management in advanced electronics and industrial systems.”
Both the MOU and the exchange of agreements were witnessed by YB Dato' Haji Mohammad Yusof Bin Apdal, Deputy Minister of Science, Technology and Innovation (MOSTI).
Source: NanoMalaysia Berhad
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