Meta Materials Inc. (NASDAQ: MMAT) (FSE: MMAT) Strengthens Portfolio of Battery Materials with Strategic Acquisition of Optodot Corporation
Meta Materials, an inventor, designer, developer, and manufacturer of sustainable, highly functional materials, recently entered into a definitive agreement to acquire substantially all the assets and intellectual property of Optodot Corporation The acquisition will expand Meta’s proprietary portfolio of battery materials with Optodot’s NPORE(R) separators that enhance thermal stability – and therefore battery safety – and electrochemical performance Lithium-ion batteries power all-electric vehicles but are linked to many problems, including but not limited to overheating and flammability, short life spans, and underperformance, and Optodot’s technology addresses these problems Meta Materials (NASDAQ: MMAT) (FSE: MMAT), a global company that invents, designs,…