📊Executive Summary

ITM Semiconductor has announced its participation in a government project aimed at developing technology to delay battery thermal runaway, which is crucial for enhancing battery safety in various applications. The initiative, backed by the Ministry of Trade, Industry and Energy, will run from April 2026 to December 2030 and involves multiple organizations. ITM's role includes applying pressure pads with thermal runaway delay functionality to battery packs and designing systems for heat dissipation and fire prevention. This development is significant for sectors such as electric mobility and energy storage, potentially impacting procurement strategies for battery components....