PHOENIX, Nov. 29, 2021 /PRNewswire/ -- Alpine 4
Holdings, Inc. (Nasdaq: ALPP), a leading operator and owner of
small market businesses, announced today that it has acquired
ElecJet / Real Graphene (ElecJet), an industry pioneer in Lithium /
Graphene battery manufacturing and design. The two companies,
Real Graphene and ElecJet, merged earlier this year, resulting in
the combination of the graphene intellectual property of Real
Graphene and the power system/charging hardware of ElecJet.
The result of this merger was a symbiotic marriage of
ground-breaking state-of-the-art battery and power system
technology within a single company. ElecJet and Alpine 4 are
also exploring plans with the State of
Indiana to convert its South Bend,
Indiana facility into a US battery production facility and
bring graphene battery production to the
United States.
https://realgrapheneusa.com
https://elecjet.com
Kent Wilson, CEO of Alpine 4, had
this to say: "Earlier this year, Sam
Gong, CEO of ElecJet, and I began working on a battery power
solution that could meet the enormous power needs of our future
US-2 drone. It was obvious that a pure lithium battery was
not the answer for the US-2 design protocol, and different
technologies would have to be implemented. Graphene became
the obvious answer for us. Graphene is an amazing conductor
of electricity and substantially reduces heat within lithium
batteries during the charging cycle. That reduction in heat
and resistance in graphene enhanced batteries allows for increased
charging speeds and extended battery life.
The combined efforts of Alpine 4 and ElecJet culminated in
two achievements. The first was recognizing that the business
opportunities for ElecJet would be greatly enhanced as an Alpine 4
subsidiary. The second was that working together as one
company, we could offer the electric vehicle (EV) market a new and
compelling battery solution. Most EV manufacturers use pure
lithium battery cells such as the 18650, 21700, and 4680. EV
companies such as Rivian, Tesla, Lucid and others, utilize varying
battery cells depending upon the power to energy density needs of
the vehicle they are producing. ElecJet's graphene lithium
battery offering will enhance all three primary battery cells
currently used by EV manufacturers (18650, 21700, and 4680) in both
power density and energy density. One key performance aspect
of our graphene batteries is that they will be able to charge 5-8
times faster than the aforementioned lithium batteries can.
Imagine charging your car from 0-80% at a DC rapid charging system
in under 10 minutes compared to 30-45 minutes with just lithium
batteries and subsequently not damage the battery cells within your
vehicle like repeated DC charging can do. This will bring the
feasibility of vehicles that use our graphene batteries in line
with the time it takes to fill a conventional vehicle with
gas. We feel this is the game-changer for the EV market as
well as other various commercial applications."
Samuel Gong CEO of ElecJet had this to say: "People have been
anxiously anticipating graphene for a decade, but it's mainly been
contained in a lab. This has led to tons of hype and plenty of faux
products and companies. But we're here to show that graphene
batteries are not the future, but the here and now. And while we
are primarily a battery cell producer, we put our money where our
mouth is by producing graphene battery power banks. We've created
various sizes of direct-to-consumer graphene power banks that fully
charge in just 17 minutes that are available for purchase on
Amazon, our Shopify site and even our newly launched campaign on
Indiegogo.
To put into perspective how impressive our resulting consumer
products are, our latest power bank on Indiegogo is over three
times the battery capacity of an iPhone 13 and will fully charge in
just 27 minutes! We could charge even faster but USB C is capped at
100W. We've proven on a commercial scale that our graphene battery
technology not only allows you to charge over 5 times faster than
anything currently out there, but that it is a safe, mass
producible, compact, cost-efficient, sustainable and consumer
friendly product.
ElecJet/Real Graphene has the capability to bring graphene
products from production phase to creating end-user consumer
products. This wholistic, scalable capability is what has created
our success. Kent has an amazing vision that our team is excited to
be a part of, and his character upholds true core American values.
Now that ElecJet/Real Graphene has joined the Alpine 4 family of
companies, we can realize the next biggest evolution in the battery
space in decades and put the US back into the driver's seat of this
core technology."
ElecJet's newest power bank charger, the Apollo Ultra, was
recently highlighted by Forbes Magazine and
digitaltrends.com.
https://www.forbes.com/sites/marksparrow/2021/11/10/elecjet-apollo-ultra-power-bank-claims-to-be-the-fastest-charging-in-the-world/?sh=3f8b2637459e
https://www.digitaltrends.com/mobile/fast-charging-graphene-batteries-are-finally-here/
https://www.youtube.com/watch?v=dnE1nO6o-do
ElecJet will reside in the A4 Technologies, Inc., Portfolio as
both a Driver and Facilitator from Alpine 4's DSF business
model.
About Alpine 4 Holdings: Alpine 4 Holdings, Inc. (ALPP) is
a NASDAQ traded conglomerate that acquires businesses that fit into
its disruptive DSF business model of Drivers, Stabilizers, and
Facilitators. At Alpine 4, we understand the nature of how
technology and innovation can accentuate a business. Our
focus is on how the adaptation of new technologies, even in
brick-and-mortar businesses, can drive innovation. We
also believe that our holdings should benefit synergistically from
each other, have the ability to collaborate across varying
industries, spawn new ideas, and create fertile ground for
competitive advantages.
Four principles at the core of our business are Synergy.
Innovation. Drive. Excellence. At Alpine 4, we believe
synergistic innovation drives excellence. By anchoring these
words to our combined experience and capabilities, we can
aggressively pursue opportunities within and across vertical
markets. We deliver solutions that not only drive industry
standards, but also increase value for our shareholders.
Contact: Investor Relations
investorrelations@alpine4.com
www.alpine4.com
Forward-Looking Statements: Certain statements and information
in this press release may constitute "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended (the "Securities Act"), Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and the
Private Securities Litigation Reform Act of 1995. Statements that
relate to our future operations, our ability to develop the
technologies discussed above, and any financial performance based
on the results of our merger with ElecJet, among others, as well as
any statements that are not statements of historical facts
constitute forward-looking statements. The information
disclosed in this press release is made as of the date hereof and
reflects Alpine 4 most current assessment of its historical
financial performance. Actual financial results filed with the SEC
may differ from those contained herein due to timing delays between
the date of this release and confirmation of final audit results.
These forward-looking statements are not guarantees of future
performance and are subject to uncertainties and other factors that
could cause actual results to differ materially from those
expressed in the forward-looking statements including, without
limitation, the risks, uncertainties, including the uncertainties
surrounding the current market volatility, and other factors the
Company identifies from time to time in its filings with the SEC.
Although Alpine 4 believes that the assumptions on which these
forward-looking statements are based are reasonable, any of those
assumptions could prove to be inaccurate and, as a result, the
forward-looking statements based on those assumptions also could be
incorrect. You should not place undue reliance on these
forward-looking statements. The forward-looking statements
contained in this release are made as of the date hereof, and
Alpine 4 disclaims any intention or obligation to update the
forward-looking statements for subsequent events.