From GlobeNewswire: 2024-08-05 06:18:00

Kronos Advanced Technologies Inc. (OTC: KNOS) and Yasheng Group (OTC: HERB) are collaborating on a patent for a small nuclear battery with a 50-year lifespan. Both companies will file in their respective countries and share royalties. The battery will convert the energy from Nickel-63 decay into electrical power for various applications from medical to aerospace.

Yasheng Group’s Lead Inventor Shuting Zhang has a history of impactful innovations. His groundbreaking work includes safety devices for electronic products and inventions reducing explosion risks in high voltage equipment. Zhang holds multiple patents and continues to advance technological boundaries, recently securing a national invention patent in 2024 for significant advancements in his inventions.

Kronos Advanced Technologies Inc., founded in 2002, focuses on air movement and purification technologies. The company has an extensive patent portfolio covering air movement, filtration, and purification systems. Their technology uses high-voltage processes, eliminating the need for traditional HEPA filters. Kronos products silently move, filter, sterilize, and purify air while reducing energy consumption.

The global nuclear battery market is projected to grow at a compound annual growth rate of around 8.7% to 9.1% from 2024 to 2032. Advances in nuclear technology and the demand for long-lasting power sources in various industries are driving this growth. Nickel-63 nuclear batteries have diverse applications from medical devices to consumer electronics, showing promise for future market expansion.



Read more at GlobeNewswire: Kronos Advanced Technologies Inc. and Yasheng Group