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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

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.


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