NASDAQ to-be-listed GTI announces collaboration with Massachusetts Institute of Technology (MIT), USA

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Co-founder, Executive Director and Chief Executive Officer Mr Aiden Lee Ping Wei (李彬维) and Massachusetts Institute of Technology (MIT) Industrial Liaison Program (ILP) Program Director Ph.D. Changjie Guo

The Group has entered into a collaboration with MIT, ranked #1 in QS World Universities Rankings 2023, to enhance strategic planning, examine emerging research and technology as well as offer a fresh perspective on corporate management.

Kuala Lumpur, 21 September 2022 – The combined entity of Graphjet Technology Sdn Bhd (“Graphjet”) and Energem Corp (“Energem”), a Special Purpose Acquisition Company (“SPAC”), which is identified under the ticker symbol GTI, has today announced its collaboration with the prestigious Massachusetts Institute of Technology (MIT), USA – ranked #1 in QS World Universities Rankings 2023.

GTI will be the first from Malaysia, along with more than 240 leading enterprises such as Boeing, Apple, BWM, Hyundai, Mitsubishi, Nissan, Samsung etc.

The collaboration entails the opportunity for GTI to meet with leading faculty and researchers at MIT and reaffirm GTI’s pioneering position in the graphite and graphene industry.

This includes private, customised executive briefings that are designed to enhance strategic planning, examine emerging research and technology and offer fresh and out-of-the-box thinking on issues related to corporate management.

Graphjet is an innovative, Malaysian-based single-layer graphene producer that has successfully developed a revolutionary patented technology that will transform palm kernel shell, a waste from palm kernel production, into single-layer graphene, at a significantly lower cost than the current production of graphene.

Graphjet is en route for a listing targeted to complete in 4Q2022 through a merger and De-SPAC transaction with Energem Corp, a NASDAQ-listed SPAC.

Sharing about the cooperation with the first member from Malaysia, Mr. Todd Glickman, Senior Director of MIT’s said, “We are pleased to welcome our first member from Malaysia to MIT. This demonstrates GTI’s pioneering role and its commitment to promoting the sector of technology-industrial.

As a member of MIT, GTI is contributing to the world’s best practice network along with leading members in multiple fields, as well as easily connecting needs among other businesses, sharing, learning to progress together towards common goals.”

GTI Co-founder, Executive Director and Chief Executive Officer Mr Aiden Lee Ping Wei said, “GTI considers technology the key to success. We are constantly looking for opportunities to connect and cooperate with the world’s leading businesses and partners to develop and apply the latest technologies to bring more benefits to our customers.

Becoming a member of MIT, GTI has the opportunity to approach the leading companies and talents in the industry, and together we can find our ways for high-class products and services”.

MIT is a world-class research university. From 2012 to 2020, the annual QS World University Rankings have identified MIT as the #1 university in the world for engineering & technology and natural sciences. MIT ranked 2nd overall in the Reuters Top 100 Innovative Universities in the World in 2019. MIT Sloan School of Management consistently ranks among the top 5 business schools, with the #1 ranking for information systems, manufacturing/operations, and supply chain/logistics.

Among the key benefits of the collaboration is the access to innovative researchers and leaders that will assist GTI in conducting research and promoting technological development in areas such as Big Data, automobiles, manufacturing, healthcare and others. Aside from that, these private customised executive briefings also help connect GTI with other startups and technology-driven companies that are members of MIT.

We believe technology is the key to success, and we are actively pursuing opportunities to connect and cooperate with the world’s leading businesses and partners to develop and apply the latest technologies to bring more customer benefits. Through this collaboration, we are part of the members of MIT, allowing us to have the opportunity to approach leading companies and talents in the industry, as well as to develop high-class products and services.”