NEO Battery Materials Ltd.

Formal cooperative framework with the Association of the Republic of Korea Army for high-energy defense battery technologies for drones and robotics Structured institutional channel for military procurement and validation of NEO's Korean-made, high-performance battery technologies Advances NEO's phased strategy of deepening engagement with South Korea's Ministry of National Defense and defense technology ecosystem [...]

Acquired 3.2-acre expansion site for commercial-scale battery cell manufacturing for drones, robotics, and physical AI Strategically initiate with pouch-cell installations to service drone manufacturers and government/military seeking non-Chinese battery sourcing Planned production capacity of 500 MWh to supply 66,000 small ISR drones or 315,000 loitering munitions annually Aim to exclusively source battery inputs outside [...]

Strategic Technology Partnership with Zio Robot Co., Ltd., a South Korean AI logistics robotics company closely collaborating with and backed by Samsung Electronics Optimizing high-energy batteries for integration into Zio's Mobile Worker AMR platforms that handle heavy-duty payload up to 6,000 kg Prototype deployment with anchor collaborators, including Samsung Electronics, for validation in industrial and manufacturing [...]

Demonstrated 98% increase in average flight time versus mass-produced Chinese battery benchmark via live drone field test Achieved 50% faster charging rates from silicon anode integration & improved flight power efficiency at reasonable costs Exceeded drone customer's internal expectations and metrics on performance enhancements from customization Advancing to commercial readiness through pack and system-level [...]

NEO Battery Materials Ltd. , a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to appoint 4-star General Chang-Jun Ko to its Board of Directors as an independent director, strengthening the Company's strategic integration with South Korea's defense sector and government stakeholders. General Ko is a highly respected senior [...]

Partnership with Korea Zinc & Taesung under an MOU to Commercialize Composite Copper Foil Technology for Batteries Used in Drones, Robotics & Micromobility Enables Weight & Cost Reduction with Enhanced Safety Performance Versus Conventional All-Copper Foils Synergistic and Complementary with NEO's Silicon Anode Technology to Improve Energy Density and Cycle Life Joint Manufacturing with Korea Zinc of System-Level Battery [...]

Achieves Over 50% Capacity & 40% Energy Density Improvement Versus Widely Deployed Commercial Drone Batteries at Identical Cell Size and Dimensions Demonstrates Competitive Performance & Quality Against Incumbent Mass-Manufactured Chinese Drone Batteries, Addressing Critical Supply Chain Concentration & Security Concerns Preparing for Live Surveillance Drone Field Test in Early February for Performance Evaluation of [...]

NEO Battery Materials Ltd. , a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to close its non-brokered private placement of 11,666,667 units at a price of $0.60 CAD per Unit for aggregate gross proceeds of up to approximately $7 million CAD. "This financing further strengthens our balance sheet and provides the capital [...]

NEO Battery Materials Ltd. , a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to announce that the Company has closed the order on its non-brokered private placement of 11,666,667 units at a price of $0.60 CAD per Unit for aggregate gross proceeds of up to approximately $7 million CAD. With institutional investor support [...]

NEO Battery Materials Ltd. , a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to announce a non-brokered private placement of up to approximately 11,666,667 units at a price of $0.60 CAD per Unit for aggregate gross proceeds of up to approximately $7 million CAD. Each Unit consists of one common share of the Company and [...]