Blue Water Petroleum Corp (BWPC) Develops New Battery Products

CHEYENNE, Wyo., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Blue Water Petroleum Corp’s (OTC PINK: BWPC) wholly owned subsidiary Attimar SA, has announced the development of a new battery technology, delivering up to a twenty-five percent increase in charging capacity and up to a ten times boost in overall lifespan, compared to current leading energy storage solutions. The target markets are the automotive and industrial sectors; both requiring high capacity units that can store and deliver a relatively large amount of electrical energy. The use of innovative materials enables shorter commercialization times, making the technology even more marketable due to its commitment to ecological sustainability.

The foundations of this technology are based upon the multiple existing, filed patents by Attimar SA, which position Blue Water as a dominant technology innovator in the burgeoning battery market. These technologies will have a significant impact on the company's competitiveness and global position in the renewable energy sector.

Attimar SA, has invested significantly in the research and development of these advanced batteries, demonstrating an unwavering commitment to environmental sustainability. This high energy density storage is applicable when a compact and lightweight power source is needed; making them suitable for electric vehicles and renewable energy systems. Our focus on environmental sustainability makes them a preferred choice for those seeking high performance and environmental responsibility.

Continued funding for this research reflects Blue Water’s commitment to promoting environmentally friendly technologies. The company will provide a phased rollout plan for the market release of these batteries in Q3 2024, reaffirming its role as a frontrunner in the sustainable energy sector.

Blue Water Petroleum Corp is leading the way towards a new era in the battery sector, promising increased efficiency, sustainability and environmental responsibility. The company is actively suiting future partnerships between the energy giants and materials experts, as the world prepares to embrace a more efficient, powerful, and ecologically friendly way of using energy.

Dr. Vladislav Postoupalski, COO and Head of Technology of Blue Water Petroleum, said: “We are not just a company collecting patents as trophies. Our research team develops and files patents applicable to our corporate mandate encompassing sound economic fundamentals. We then utilize those patents to develop and manufacture ecologically sustainable and desirable consumer products. This business model will sustain the financial growth and viability of Blue Water for decades to come especially as we license these technologies and patents to a plethora of global manufacturers.”