19:06:48 EDT Sat 25 May 2024
Enter Symbol
or Name
USA
CA



Telescope Innovations Corp
Symbol TELI
Shares Issued 53,665,569
Close 2023-07-10 C$ 0.16
Market Cap C$ 8,586,491
Recent Sedar Documents

Telescope receives $292,333 in funding from MICA

2023-07-11 13:15 ET - News Release

Mr. Jason Hein reports

TELESCOPE INNOVATIONS RECEIVES ACCELERATOR FUNDING TO DEVELOP CARBON-NEGATIVE PRODUCTION OF BATTERY MATERIALS

Telescope Innovations Corp. has been awarded $292,333 through Canada's Mining Innovation Commercialization Accelerator (MICA) network. Funds will support Telescope's development of carbon-negative production of lithium carbonate from continental brines. Telescope will deploy its unique automation and analytical technologies to accelerate the development cycle for such processes, targeting the production of battery-grade lithium carbonate from brine sources of varying quality.

In synergy with Telescope's collaborative research efforts with Standard Lithium Ltd. and Natural Resources Canada, this project will contribute to increasing production capacity for a crucial battery material while actively enabling a lower-carbon economy.

"We've moved beyond executing individual research projects," explained Jason Hein, chief executive officer of Telescope. "Telescope has now built positive momentum with various key industry and government stakeholders, and we are bringing innovative technology solutions to the mining sector. We're excited to continue our work as trusted partners of choice, deploying advanced technologies to resolve supply, manufacturing and sustainability challenges for battery materials."

About Telescope Innovations Corp.

Telescope is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry. The company builds and deploys new enabling technologies, including flexible robotic platforms and artificial intelligence software that improves experimental throughput, efficiency and data quality. The company's aim is to bring modern chemical technology solutions to meet the most serious challenges in health and sustainability.

We seek Safe Harbor.

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