Nano One Materials
Source: Nano One Materials
  • Nano One Materials reported on the expansion of its intellectual property portfolio with four notices of allowance in Asia
  • The top battery technology stock has earned four new patents in Asia, which expands the portfolio to 40 patents with more than 55 still pending
  • Nano One’s patented One-Pot process can produce lithium-ion battery cathode materials at its facilities in Candiac, Québec.
  • Nano One stock last traded at C$1.60 per share

Nano One Materials (TSX:NANO) reported on the expansion of its intellectual property portfolio with four notices of allowance in Asia.

The top battery technology stock has earned four new patents in Asia, which expands the portfolio to 40 patents with more than 55 still pending.

Nano One’s patented One-Pot process can produce lithium-ion battery cathode materials at its facilities in Candiac, Québec.

At a glance

  • Japan: Formation of lithium metal oxide cathodes from elemental metal
  • Taiwan: Battery enhancement using simplified electrolyte and One-Pot cathode
  • China and Korea: Simultaneous formation of coating and cathode in one step

Leadership’s take

The company’s chief technology officer, Stephen Campbell said in a news release that this showcases depth and global relevance of its One-Pot process.

“(It’s) adding value not only for our shareholders but also for our trusted partners, stakeholders and future licensees,” he said. “Continuous innovation is critical to our strategy and these latest patent issuances showcase the quality and breadth of our technology offering, specifically in Asia where we are nurturing many strategic interests. The additional patent protections cover the One-Pot process, single crystal coating, M2CAM metal to cathode technology, and high voltage battery electrolyte. We also have another 55-plus patents pending, with more to come, in important jurisdictions that include Canada, United States, China, Korea, Taiwan Japan and Europe.”

Driving vehicle electrification

The One-Pot process’ ability to lower the cost, complexity, energy intensity and environmental footprint of lithium-ion battery production could allow Nano One to capitalize on global electrification, with the addressable lithium iron phosphate battery market opportunity set to grow to US$48 billion by 2035, according to Benchmark Mineral Intelligence, and the electric vehicle market expected to add US$340 billion over the next five years at a CAGR of 10.07 per cent. 

This growth could be expedited by governmental policies designed to meet 2050 net-zero emissions goals. Canada will effectively end sales of new passenger vehicles powered only by gasoline or diesel in 2035.

Nano One Materials Corp. is a clean technology company with a patented, scalable, low-cost and low-carbon process for the production of high-performance lithium-ion battery cathode materials. The company’s strategic collaborators and partners include Sumitomo Metal Mining, BASF, Umicore and Rio Tinto.

Nano One stock last traded at C$1.60 per share. While the stock is down 55.18 per cent year-over-year it has risen 5.26 per cent since 2019.

Join the discussion: Find out what everybody’s saying about this lithium battery technology stock on the Nano One Materials Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

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