The Coretec Group, Inc. was formed from the merger of Coretec Industries, LLC and 3DIcon Corporation®. Each company recognized the opportunity to advance the mission of enabling technologies through the strength of their combined resources. Coretec Industries' silicon-based technology was a synergistic match with 3DIcon's 3D display technology.
Coretec Industries, LLC
Coretec Industries, LLC was formed in 2015 in North Dakota to create technology-based solutions that address energy-focused market needs globally. The company was founded by three corporate entities: EOS Management LLC, Carlton James North Dakota, Ltd., and ChymaTek Energy Solutions, LLC. Principals supporting the business include Dennis Anderson, Simon Calton, and Ronald Dombrowski. The principals have combined expertise in forming and managing technology-based startups, fund raising, sales, and marketing. They were advised by Dr. Philip Boudjouk, an expert in silicon ("Si") chemistry, and Doug Freitag, an expert in the application of Si materials and federal business development.
3DIcon Corporation was incorporated on August 11, 1995, under the laws of the State of Oklahoma as First Keating Corporation. Its articles of incorporation were amended August 1, 2003 to change the name to 3DIcon Corporation. In 2004, 3DIcon began to focus on the development of 360-degree holographic technology. Beginning in April 2004, 3DIcon engaged the University of Oklahoma to conduct a pilot study to determine the opportunity and feasibility for the creation of volumetric three dimensional display systems. On July 15, 2005, it entered into the first of a series of Sponsored Research Agreements ("SRAs") with the University, which expired on January 14, 2007. These SRA's resulted in the creation of three patents granted and four globally patent-pending applications for volumetric 3D displays, which the Company controls under a worldwide exclusive licensing agreement.
A key challenge to commercialization of the volumetric three dimensional display system has been to identify an image chamber material that will provide a display with the desired market driven capabilities, e.g., size, weight, cost, resolution, video, and full color. Approaches considered included rare earth doped crystals, doped glasses and nanoparticle filled polymers. After examining a large number of rare earth doped materials it was concluded that, while rare earth doped crystals and glasses could meet many of the performance criteria, they could not meet size, weight, and cost criteria.