ANN ARBOR, Mich., June 23, 2021--(BUSINESS WIRE)--The Coretec Group, Inc., (OTCQB: CRTG) (the "Company"), has filed a patent for surface-functionalized silicon quantum dots that emit light in the ultraviolet wavelength range. A technology that may be used in any silicon quantum dot, regardless of how it is manufactured. "We are excited about the potential of this technology to revolutionize UV lighting based on the use of silicon quantum dots, a core focus of the company," said Dr. Ramez Elgammal, Vice President of Technolo...

UV LEDs are reportedly beginning to challenge the traditional $500M UV lamp business. The report notes that the UV lighting business is a market of about $500 million with traditional UV lamp technology. Thanks to its compactness, lower cost of ownership and environmental friendly composition, UV LEDs are expected to replace traditional lamps and also open the door to many new applications, especially portable ones.