noco-noco Inc (NCNCF) Financial

noco-noco, Inc. provides decarbonization solutions. The company employs 4 full-time employees The company went IPO on 2022-05-13. The firm is primarily engaged in the leasing of battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power, and carbon abatement solutions for landowners and carbon credit sales. Its primary pipeline products include X-SEPATM separator and lithium manganese iron phosphate (LMFP) cathode. Its batteries are equipped with X-SEPATM separator, developed by 3DOM Alliance. The X-SEPATM separator has high and uniformed porosity, high liquid absorption, high heat resistance, and is capable of having more than 70% porosity. The firm's LMFP batteries developed by 3DOM Alliance have about 30% higher energy density than Lithium iron phosphate (LFP) batteries and a lifespan of about 6,000 cycles compared to 3,000 cycles for third party LFP batteries.