Incorporated NEO Battery Materials America LLC in the State of Delaware Management to Visit Ohio, Kentucky, and New York City to Build Business Relationships with Battery Industry Players, Governmental Organizations, and Prominent VC Funds for Silicon Anode Venture To Participate in South Korea's Leading Battery Trade Show - InterBattery 2023 Samsung SDI, LG Energy Solution, and SK On to Participate This Year [...]
Appointed Dr. S. G. Kim, a Silicon/Polymer Material and Chemical Technology Development Expert, as Chief Technology Officer Former Executive Vice President and Head of R&D of Hanwha Solutions, a South Korean Chemical Manufacturing Conglomerate with $10B in Sales and $8B Market Capitalization Held Previous Executive Level Leadership Role at Momentive, Global 2nd Largest Silicon Product Company, including Dow Chemical [...]
Letter of Intent with Top U.S. University Spin-Out Developer of Robust, Durable Polymer Electrolytes for Silicon Anode Optimization Purpose: Enhance Silicon Cycling Performance through Developer's Novel Technology that Fortifies Mechanical Durability and Safety Features Potential for NEO's Silicon Anode to be Used in Various Energy Storage Applications through Successful Collaboration [...]
NEO Battery Materials Ltd. , a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to provide the voting results of the Company's Annual General and Special Meeting held on February 21, 2023. The details of the voting results are included in the report of voting results filed on SEDAR. All of the management nominees for election as director were elected [...]
Engaged and Discussed with Ohio's Business and Economic Development Organizations for U.S. EV Battery Industry Expansion Will Cooperate for Site Selection, State-Level Funding, and Resource Access To Establish Ohio R&D Center to Expedite Timeline for Joint Venture Opportunities Rigorous Testing Efforts with NDA Partners & Additional Attraction to High-Performance Silicon Anodes Increasing Research Efforts for Developing [...]
Granted 1,300,000 Incentive Stock Options to Researchers and Commercialization Engineers at Exercise Price of $0.40 Based on Milestone Contracts with Global Battery Industry Players, Options Will Follow an Accelerated Vesting Schedule Plans to Appoint Chief Technology Officer and PhD-Level Engineer to Support Optimization & Prepare for Collaborative Work with NDA Partners Improve Silicon Anode Performance and On-Track [...]
Signed Collaboration Agreement with NanoRial Technologies Ltd., a Developer of Well-Dispersed Carbon Nanotubes for Lithium-Ion Battery Performance Improvement Purpose to Optimize Performance of NEO's Silicon Anode Materials with CNT as Effective Nanocoating Materials Intend to Jointly Apply to Canadian Governmental, Non-Dilutive Funding Programs NEO Battery Materials Ltd. , a low-cost silicon anode materials developer [...]
Appointed Lithium-Ion Battery Expert, Dr. Basudev Swain, as Chief Science Officer Expertise Will Complement Silicon Anode Commercial Plant Progress and Optimization of Material Performance and Production Process Served Integral Research and Project Management Roles with Commercialization of Mass Production Systems and Battery Materials Based Projects for More Than 20 Years Will Aid in Silicon Waste Recycling as [...]
Under Process to Establish NBM America Ltd. in Ohio for U.S. Business Expansion To Initiate Active Business Development for Core Silicon Anode Business and Add Value-Enhancing Projects in Battery Materials Industry To Support Closer Interaction with U.S.-Based NDA Parties for Business Activities and Collaboration To Secure State and Federal-Level Funding Opportunities from IRA/DOE and Access Large Pool of Venture Capital [...]
Approval of Construction Permit for Silicon Anode Commercial Plant in Oseong Foreign Investment Zone, Pyeongtaek City Actively Engaged in Discussions to Secure Reliable, Long-Term Investors for Strategic Investments Ideal Strategic Investors to Cooperate with NEO to Expand Business Initiatives Targeting Non-Dilutive Funding Opportunities from South Korean Governments' Green and Clean Technology Policies [...]
MOU with an Asia-Based Recycler of Silicon By-Product Waste from Solar and Semiconductor Manufacturing into High-Purity Silicon Powder Due to Strategic Reasons and Sensitive Nature of Information, Recycler Will Remain Confidential until Disclosed Potential to Reduce Silicon Input Price by Up to 40% and Secure Long-Term, Stable-Priced Input Supply through Recycled Silicon Waste To Conduct Silicon Anode Sample Testing with [...]
In Due Diligence Period with Pyeongtaek City's Relevant Departments and Officials for Silicon Anode Commercial Plant Construction Approval Expecting Permit Approval Middle to End of January 2023 Initiated Discussion with South Korean Financial Institutions and Banks for Strategic Debt Financing at Low Interest Rates for Construction and Equipment Actively Exploring Non-Dilutive Funding Options through South Korean [...]