Cool Chips plc, founded in 1997, is a publicly traded, European company dedicated to developing and commercializing the Cool Chip™ technology. Cool Chips, which are very small, solid-state heat pumps, are designed to replace conventional compressors virtually everywhere they are used.

Cool Chips plc is a subsidiary of Borealis Exploration Limited. Cool Chips benefits from the patents and other Intellectual Property (IP) developed by Borealis through the worldwide exclusive license of the Cool Chips technology.