American Resources Corporation's Affiliated Company, Novusterra Inc., Announces Strategic Partnership with Kenai Defense, Texas Tech University, and the United States Air Force
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Insights
The investment by the United States Air Force into Novusterra's patented carbon nanomaterial technology represents a significant validation of the material's potential in enhancing infrastructure. Carbon nanomaterials and graphene are known for their exceptional properties, such as high tensile strength and durability, which are crucial for the longevity and resilience of military airfields. This technological advancement could lead to a paradigm shift in the construction and maintenance of airfields, potentially reducing long-term maintenance costs and improving operational readiness for the military.
From a materials science perspective, the integration of graphene into concrete is a game-changer. Graphene's two-dimensional honeycomb lattice structure contributes to its superior mechanical properties, which, when added to concrete, can significantly improve its performance. The implications of this are vast, not only for military applications but also for civilian infrastructure, potentially leading to more durable roads, bridges and buildings. Furthermore, the use of low-cost, carbon-based feedstocks to produce graphene aligns with the growing demand for sustainable and environmentally friendly construction materials.
The strategic partnership between Novusterra and the United States Air Force underscores a broader trend in the defense industry towards investing in advanced materials to enhance military capabilities. The $6.5 million investment is a clear indicator of the military's commitment to maintaining technological superiority, particularly in the realm of infrastructure that is critical to mission success. The use of enhanced materials in forward-deployed airfields can provide the Air Force with a competitive advantage, ensuring that its operations remain uninterrupted under various conditions.
Additionally, this partnership could have ripple effects throughout the defense sector, encouraging other branches to explore similar technologies. The focus on durability and sustainability aligns with the Department of Defense's goals to reduce its carbon footprint and increase the resilience of its installations against environmental challenges. As the defense industry continues to prioritize innovation, companies that specialize in advanced materials are likely to see increased interest and investment.
The announcement by American Resources Corporation regarding Novusterra's partnership and the Air Force's investment has potential implications for the company's financial performance. The exclusive licensing of patented technology positions Novusterra—and by extension, American Resources Corporation—as a leader in a niche market with growing demand. The partnership not only provides immediate capital but also enhances the company's credibility and visibility in the infrastructure and defense markets.
Considering the Global Infrastructure Outlook's forecast of a $94 trillion investment need by 2040, Novusterra's technology could capture a significant market share, especially as the world shifts towards greener and more durable building materials. Investors should monitor the company's ability to scale production and commercialize its technology efficiently. However, it is important to note that the high expectations from such advanced technologies also come with risks, such as potential challenges in mass production, cost management and the speed of market adoption.
Novusterra's patent technology is being funded by a
Technology partnership is focused on the use of carbon nanomaterial additives to concrete to create enhanced durability of airfields
FISHERS, IN / ACCESSWIRE / January 3, 2024 / American Resources Corporation (NASDAQ:AREC) ("American Resources" or the "Company"), a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace, today announced that their affiliated company, Novusterra Inc. (Private) ("Novusterra") a company specializing in the development and production of carbon nanomaterials and graphene to the infrastructure, agriculture, and electrification economy, announced that its patented technology to produce carbon nanomaterial additives for concrete and asphalt pavements is being used as the exclusive patented technology in a comprehensive research project to improve the future durability of airfields for the United States Air Force.
Greg Jensen, CEO of Novusterra commented, "We are honored to serve alongside our partners at Kenai Defense, Texas Tech University and the United States Air Force as we use our exclusively licensed patents to better serve our beloved United States Air Force as we work to improve the durability of their domestic and forward deployed airfields. We are confident that this partnership, among dedicated and patriotic Americans, will make both our military and ultimately our Nation's infrastructure even stronger. The demand for infrastructure projects worldwide continues to accelerate due to rebuilding, energy transition and overall government stimulus, and we are well positioned to provide advanced, high-value technology to help produce better, more durable and greener materials and products to support such growth of modern infrastructure."
According to the Global Infrastructure Outlook, the need for worldwide infrastructure investment is forecast to reach
Novusterra continues to develop advanced methods to commercialize its exclusively-licensed patents to produce carbon nanomaterials and graphene from low-cost, carbon-based feedstocks. Graphene is an allotrope of carbon consisting of a single layer of atoms arranged in a two-dimensional honeycomb lattice nanostructure. Graphene is extremely thin and extremely light yet harder than diamonds. Graphene has become a valuable and useful nanomaterial due to its exceptionally high tensile strength, electrical conductivity, transparency, and being the thinnest two-dimensional material in the world. The global market for graphene is rapidly expanding with most of the demand focused on development in semiconductor, electronics, energy storage / batteries, and composites.
About Novusterra Inc.
Novusterra's specializes in the development and commercialization of patented technology to produce low cost, high quality carbon nanostructures and graphene from carbon-based deposits to be utilized within the sustainable infrastructure, energy storage, agriculture and water filtration marketplaces. The Company secured its patents through the acquisition of an exclusive sublicense with American Resources Corporation (NASDAQ: AREC) which are designed to make use of an abundant and low-cost feedstock (coal) in an environmentally friendly process.
About American Resources Corporation
American Resources Corporation (NASDAQ: AREC) is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.
American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.
Special Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company's actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond American Resources Corporation's control. The words "believes", "may", "will", "should", "would", "could", "continue", "seeks", "anticipates", "plans", "expects", "intends", "estimates", or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.
Investor Contact:
JTC Team, LLC
Jenene Thomas
833-475-8247
arec@jtcir.com
RedChip Companies Inc.
Robert Foley
1-800-RED-CHIP (733-2447)
Info@redchip.com
Company Contact:
Mark LaVerghetta
Vice President of Corporate Finance and Communications
317-855-9926 ext. 0
investor@americanresourcescorp.com
SOURCE: American Resources Corporation
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