NEO Battery Materials - CEO, Spencer Huh.
CEO, Spencer Huh.
Source: NEO Battery Materials.
  • NEO Battery Materials (NBM) has shipped its first silicon anode prototype samples for battery cell evaluation and characterization
  • This week, NEO initiated two new NDAs with top-tier battery material producers in China and South Korea regarding its innovations with silicon
  • The company has signed 10+ NDAs regarding potential synergies and opportunities for its Si anode nanocoating technology
  • NEO Battery Materials is a Vancouver-based resource company focused on battery metals and materials
  • NEO Battery Materials (NBM) is up by 18.33 per cent and is currently trading at $0.71 per share

NEO Battery Materials (NBM) has shipped its first silicon anode prototype samples for battery cell evaluation and characterization.

This week, NEO initiated two new NDAs with global top-tier battery material producers in China and South Korea regarding its innovations with silicon.

The company has signed 10+ NDAs regarding potential synergies and opportunities for its Si anode nanocoating technology.

NEO will provide further updates on its dealings when available.

Spencer Huh, President and CEO of NEO Battery Materials, commented,

“The first working set of NEO’s proprietary silicon anode materials has been manufactured through our unique process. Our prototype will be utilized by third-party partners for evaluating the performance and efficacy of NEO’s Si anodes in each respective party’s cell system and environment. NEO will complete due diligence during and after testing to refine and strengthen the prototype for commercialization.”

Dr. J. H. Park, NEO’s Director and Chief Scientific Advisor, added,

“The Si anode prototype for sample testing is based on low-cost raw materials and was manufactured through our one-pot, cost-effective process. NEO’s ability of economically manufacturing silicon anode materials is a substantial point of differentiation from existing companies, and we expect this development to act as a catalyst to accelerate the commercialization of our Si anode active materials.”

NEO Battery Materials is a Vancouver-based resource company focused on battery metals and materials.

NEO Battery Materials (NBM) is up by 18.33 per cent and is currently trading at $0.71 per share as of 11:15 am ET.

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