Cool Chips plc researches, develops, and commercializes Cool Chip technology, which consists of small electronic devices that use electrons to transfer heat across a vacuum diode for solid-state cooling, refrigeration, and air conditioning applications; the technology offers advantages including lower electricity consumption, no moving parts, and high reliability for thermal management in electronics, appliances, and industrial systems. The company operates primarily in the advanced materials and thermal solutions segment, targeting markets such as consumer electronics, medical devices, telecommunications equipment, and data centers across Europe and global opportunities. Founded in 1997 and headquartered in the European Union as a publicly traded virtual organization with technology management based in Europe, Cool Chips plc remains focused on advancing its proprietary Cool Chip platform without reported recent acquisitions, partnerships, funding rounds, product launches, or major strategic shifts in the last one to two years.