- Telescope Innovations Corp. (TELI) has signed a Master Service Agreement with Standard Lithium Ltd. (SLI)
- Telescope will receive funding for one year to evaluate the utilization and sequestration of CO2 within the lithium brine extraction and reinjection processes developed by SLI
- The project bolsters Telescope’s Industries division, which leverages lab automation and analytical capabilities to address process and manufacturing challenges in the chemical industry
- Telescope Innovations Corp. is trading steady at $0.25 per share as of 11:45 am ET
Telescope Innovations Corp. (TELI) has signed a Master Service Agreement with Standard Lithium (SLI).
For the first project under the agreement, Telescope will receive funding for one year to evaluate the utilization and sequestration of CO2 within the lithium brine extraction and reinjection processes developed by SLI.
This project bolsters Telescope’s Industries division, which leverages lab automation and analytical capabilities to address process and manufacturing challenges in the chemical industry.
Telescope CEO Jason Hein had previously executed successful projects with SLI and is the inventor of its SiFT lithium carbonate crystallization technology.
He commented that Telescope is ideally positioned to understand the process chemistry and technology required to integrate CO2 utilization and sequestration within Standard Lithium’s operations.
“We are working towards the decarbonization of the lithium supply chain and continuing to strategically deploy Telescope’s tools and expertise across the chemical industry.”
Telescope is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry.
Telescope Innovations Corp. (TELI) is trading steady at $0.25 per share as of 11:45 am ET.
