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Home > News > Cool Chips warming up to investors for faster path to market

December 29th, 2003

Cool Chips warming up to investors for faster path to market

Abstract:
Cool Chips is looking for some cold cash. Since its founding in 1996, Gibraltar-based Cool Chips plc has been funded by parent company Borealis Exploration Ltd. But Rodney Cox, Cool Chips' chief executive, said the company is now looking for more than $10 million to speed its product toward commercial production. Cool Chips' stock climbed sharply after Rolls-Royce plc announced in July that it was taking an exclusive license to use Cool Chips in its gas turbine products.

Source:
SmallTimes

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