[Electricniko]

According to press releases, the CEO of Donut/Verge founded Cova and ESOX in October/November. They're newly formed companies that haven't done anything yet, so I don't really think it would require much sophistication to say that three companies have already adopted this technology. Again, this doesn't say anything about the "realness" of the battery technology, I just wouldn't rely on the idea that multiple companies adopting it means that the technology is real, since right now it's tending to look more like businessmen throwing out multiple shell startups in different industries to lend weight to the announcement.

[jaggs]

Hmm..not really. Cova Power is a joint venture between Donut Labs and Ahola which is a huge Finnish freight company formed in 1955 - which makes sense since they are both based in Finland. The involvement of the University of Oulu suggests that this is clearly a Finnish project. I wouldn't be surprised to find some Nokia money in there as well. ESOX is just the military product arm of Donut Labs, which I guess has connections with the Finnish military.