Following our recent announcement of Telescope Innovation’s (the “Company’s“) new project with Natural Resources Canada (“NRCan“), we are providing a few highlights and a quick (80-second) video describing how this partnership advances Telescope’s strategic mission.
- NRCan, a Canadian government agency, has selected Telescope as an innovation partner to develop an autonomous laboratory platform powered by robotics, artificial intelligence, and Telescope’s unique chemical analysis technology.
- This engagement explicitly aligns Telescope’s research activities with federal priorities on technology innovation.
- The automation platform will aim to increase the efficiency of lithium extraction, purification, and crystallization to address rising demands for battery materials and clean energy.
- We are expanding Telescope’s contract research offerings. This project is synergistic to an ongoing collaboration between Telescope and Standard Lithium, a leading Canadian lithium developer pioneering a new wave of lithium production in North America.
- This project may lead to the development of new intellectual property addressing market-driven needs for lithium supply technologies.
Forward-looking information is based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the factors described in greater detail in the “Risk Factors” section of the prospectus filed by the Company and available at www.sedar.com.
Forward-looking statements in this document include expectations surrounding the uses and viability of the intellectual property portfolio held by the Company, the ability of the Company to deploy its automation, in-situ analytical tools, and machine learning technology to execute the project with NRCan, the outcome of the project, and all other statements that are not statements of historical fact.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with the global COVID-19 pandemic, including the risk that the Company be deemed a non-essential business and asked to temporarily cease operations; general economic conditions; adverse industry events; the Company’s ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of the Company to implement its business strategies; competition; and other assumptions, risks and uncertainties.
There can be no assurance that such estimates and assumptions will prove to be correct. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.