Nano One Materials Corp【NANO】株式ニュース

2026 Letter to Nano One StakeholdersJune 3, 2026 3:05 AM
ACCESS NewswireNano One® Materials Corp. ("Nano One" or the "Company") (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB), a process technology company specializing in lithium-ion battery cathode active materials, provides a message to our stakeholders.To view this release in its original stylized PDF Clicks HereVANCOUVER, BC / ACCESS Newswire / June 3, 2026 / Opening Remarks from Board ChairTo our Shareholders, Customers, Commercial and Government Partners, and Colleagues,Before Alex Holmes addresses you directly, I would like to offer a few remarks on behalf of the Board of Directors.The Board would like to thank Dan Blondal for more than a decade of leadership in advancing the Company's technology, strengthening its team, and building its commercial capabilities. His contributions have helped position Nano One for the opportunities ahead, and we appreciate his continued support through the remainder of 2026 to help ensure a smooth transition.We are excited to have a new CEO effective June 12 leading the Company through this important next stage of development and commercialization. It is especially meaningful that Alex comes from within Nano One's existing senior leadership team, reflecting the strength and depth of the management group that has been built. Alex brings deep expertise in the areas of strategy, corporate and commercial development, and financing-capabilities that are essential to the Company's next stage of growth and development. The Board has full confidence in Alex and the senior leadership team to lead Nano One into its next chapter, one defined by commercial execution, operational and financial discipline, and the creation of long-term shareholder value. Over the past several years with Nano One, Alex has helped build the industrial capability that now makes commercialization possible.The Company's strategy to date has focused on developing proprietary processing technology for the production of lithium iron phosphate (or lithium ferro phosphate or "LFP") cathode active materials used in lithium-ion batteries across a broad and growing range of markets, including defence, energy storage systems-from grid infrastructure to AI data centres-and electric vehicles. The strategy remains sound, and market dynamics for these materials have increasingly moved in Nano One's favour in recent years. The Board fully supports Alex and the senior leadership team as they advance Nano One through commercialization and into its next stage of growth and development.- Anthony Tse
Independent Non-Executive Chairman, Nano One Materials Corp.A Letter from Nano One's Incoming CEOTo our Shareholders, Customers, Commercial and Government Partners, and Colleagues,I am writing as I prepare to take on the role of CEO at Nano One. Before I share where we are going, I want to be honest about where we have been-because credibility is earned in that order.I am not new to this company. I joined as Chief Operating Officer in 2021 and was able to bring focus to the industrial side of an organization whose science had demonstrated it was worthy of scale-up. My first four years here were spent on the work that makes this letter possible: building out the operating team, the manufacturing skill set, and the industrial discipline needed to transform a breakthrough technology into a scalable business. That work led directly to the 2022 acquisition of our Candiac, Québec facility-giving Nano One its own pilot and demonstration capability instead of relying on third parties to scale.I bring to this role a perspective shaped from the inside but also informed by a view to the broader ecosystem, together with a team that knows the technology and the industry deeply. I take on the role with clear eyes about the gap between where we are and where we need to be. I want to outline how we close it. Video Interview by Proactive Investors: Nano One Names Alex Holmes CEO as Founder Dan Blondal Transitions to Retirement and Advisory RoleWith Gratitude to Our FounderBefore I go further, I want to acknowledge Dan Blondal, who founded Nano One in 2011 and has led it as CEO and Director ever since.The conviction that the world would need a fundamentally better way to make cathode materials and the early decision to invest in LFP at a moment when most industry participants in the Western world had not learned to fully appreciate the technology and chemistry was right. With a portfolio of more than fifty patents that protect our process innovations, and the leadership of a team that worked diligently to get us here-all of it traces back to his vision and to fifteen years of work building this from a concept into a company that strategic partners, governments, and the global battery supply chain know and respect.Dan built a company with a solid foundation to be a leading battery materials player; the next chapter is about scaling it into commercial reality. I am deeply grateful to him, and stakeholders should be too.Where We Stand
Nano One was founded in 2011 with a vision that has only grown stronger: the world would need cleaner, lower-cost, more secure cathode materials, and the way to make them would have to be reinvented from the ground up. We filed our first patents in 2013, were granted our first U.S. patent in 2015, and today our cathode production process is protected by more than fifty patents globally. The industry limitations that we have in Western markets, whether on supply chain maturity, cost, or ability to deal with by-products, meant that Nano One had to find an alternative but equally competitive way to make battery materials-and to make them locally-and I am confident Nano One can deliver it.Our early decision to focus on LFP-a cathode formulation that was widely dismissed in the West-meant we saw the change coming before Western OEMs, cell manufacturers, and governments did. We also saw the fundamental risk of an entire supply chain concentrated in a single country, a risk that has been even more highlighted against the backdrop of the COVID pandemic and recent conflicts in the Middle East. That judgment has aged well. According to Bloomberg New Energy Finance's (BNEF) 2024 CAM market report[1] LFP is now projected to represent more than half of the lithium-ion cathode market, with most future growth expected outside of China. The question is no longer whether LFP matters-it is who, outside of China, can produce it at scale. Nano One has what we believe is one of the most mature LFP manufacturing technologies outside of China today-and we are not alone in that view.In the last two years we have built an operating pilot line, validated lithium feedstock from Rio Tinto, and deepened our partnership with Sumitomo Metal Mining following their rigorous due diligence on our IP. I want to acknowledge directly that commercialization at scale is still ahead of us-and that the steps above are what make it reachable.Our public target is initial commercial LFP supply agreements for defence and energy-storage applications by the end of 2026, with first deliveries and meaningful sales ramping through 2027 as our Candiac demonstration line scales toward commissioned capacity of approximately 800 tonnes per annum.What We Are Building and Why
The battery sector in North America and Europe has been through a turbulent couple of years. More than a dozen high-profile failures have been reported-companies that collectively raised billions and have since filed for bankruptcy, undergone restructuring, cancelled gigafactory plans, or wound down operations.What is important is that Nano One is still here, and we are still operating and embarking on the next stage of scaling-up toward commercialization. When the initial wave of Western battery announcements was at its peak-the gigafactory plans, the cathode and anode buildouts, the funding rounds-the question we heard most often was whether Nano One had missed the boat. We did not believe we had, and we held our approach under real pressure. There were opportunities along the way to pursue projects and partnerships that did not align with our long-term plan. We did not pursue them.The most telling signal of where we sit is who is still leaning in: strategic partners like Sumitomo Metal Mining, Rio Tinto, the Governments of Canada and the United States, allied jurisdictions, and battery supply chain partners that increasingly look to Nano One as a viable, and preferred, alternative to manufacture LFP cathode materials for the lithium-ion battery sector outside of China. That conviction was earned over fifteen years of technical work and it is the foundation we will continue to build on going forward.On Past Missed Milestones
The historic milestones we set were based on the best information available at the time. I will acknowledge that the way we communicated about them, at times, leaned more toward the positive than the full picture warranted-and that is something the new operating discipline I describe later in this letter is designed to correct. The substance of why milestones moved, however, is more complex.There has been-and still largely is-a lack of LFP cell manufacturing capacity outside of China. Many Western automotive OEMs' own cell sourcing and chemistry strategies were, and in many cases still are, in formation and evolution. Cell makers serving this market sector-our direct customers-were themselves working out where their LFP cell capacity would be located, who would qualify it, and against which specifications. Their customers-the OEMs and end-application owners-were simultaneously redesigning cell formats, energy density, and cost targets. Each change flowed upstream to us, requiring product tweaks, reformulations, and additional qualification cycles. In parallel, China continued to set the pace it had been building for more than a decade, pushing the global standards and material specification bar upward, thus compounding the effect.We have set our goals more conservatively, we are communicating them more carefully, and we are reporting progress with greater discipline. To our valued shareholders: your desire to hear regular news is understandable, but I would ask you to recognize that in a heads-down execution phase, no news can be good news. Quiet quarters mean the team is working, not stalled, not putting out empty promises that later disappoint.The missed milestones of the past are evidence of a company doing genuinely hard work in a genuinely complex environment-and being trusted, despite the slips, by some of the most demanding partners and customers in the industry. That trust is the asset we build on.The Partners That Have Joined Us
Sumitomo Metal Mining ("SMM") is one of Japan's largest critical minerals and cathode materials companies, with roughly US$11 billion in annual sales. After two years of development work, performance testing, economic modelling, and intellectual property review, they confirmed Nano One in September 2025 as a key technology partner and announced an expanded collaboration to pursue LFP production together. Companies of SMM's scale do not deepen partnerships lightly.Rio Tinto is on track to grow its tier-one lithium assets to over 200,000 tonnes production per year of lithium carbonate equivalent by 2028. We have completed validation work on Rio Tinto lithium feedstock at multiple stages of sampling-meaning a future One-Pot™ licensee anywhere in the world will be able to deploy our technology with feedstock already validated and supplied by one of the most credible producers and suppliers in the world.Lithium is only the start. We are also working with North American and European iron suppliers to ensure their material meets battery-grade quality requirements-a key advantage of our One-Pot process, and an area where China's conventional sulphate-based production remains the stronghold. We are doing the same on phosphoric acid and other reagents.Building a credible ex-China LFP supply chain is not just about our technology; it is about the entire upstream and supply-chain ecosystem-lithium, iron, phosphates, reagents-being sourced, qualified, and localized. Few others are doing that integration work at this level, but building a robust supply chain-one focused on resilience and sustainability-is a must. Our process is positioned to enable it, because it accepts a wider range of iron feedstocks than conventional approaches that dominate today.Some shareholders have asked why we have not named certain partners. In this industry, the larger counterparty almost always controls disclosure. A defence prime supplier, a cell maker, or an OEM is balancing dozens of supplier and customer conversations across multiple chemistries, geographies, and timelines. They name a supplier when it serves their strategy or they are firmly ready to commit. Sumitomo and Rio Tinto were unnamed well before they were named.Governments have listened, asked tough questions directly to us and about us to others-part of their vigorous due diligence process. They supported us with small amounts and larger ones when we asked. Governments are now engaged with us as we have earned their trust and now play a part in helping shape policy in Canada, the United States, and the European Union. We are grateful for the trusted and direct dialogue we have had to date and the potential funding support moving forward.Strategic relationships also rarely move in a straight line. A partnership can be quiet publicly for a year and active again the next. When a named relationship goes quiet, the work is usually still underway-it is simply not at a stage where we have something disclosable to say.Our Customers and Our Markets
Two markets anchor our near-term commercial focus. Defence-specifically contractors and prime suppliers serving NATO nations-leads our direct sales effort out of Candiac. The volumes, qualification timelines, and sourcing requirements line up with what our Candiac operation can supply. Energy storage systems (ESS) are on a parallel commercial track and the primary path to large-volume offtakes for future One-Pot LFP plants. ESS cell manufacturers are where the meaningful commercial volumes will come from over time. Their demand profile also matches the capital that governments and grid operators are now deploying into stationary storage-demand that is accelerating as AI data centres strain power grids and create new, around-the-clock storage needs.Customer acceptance in the automotive sector is a longer arc. We have sampled and tested with several major OEMs and are in supply discussions with a number of them. They keep returning our calls-not because they are ready to place a first-source order with a North American newcomer, but because they need us in the picture. Automotive is among the most risk-averse and technically demanding customer bases in the world. First-source supply almost always comes from incumbents at established scale, with new entrants entering their supply chain as second-source, local-source, or strategic-resilience suppliers. That is a meaningful role, and the realistic one for Nano One. Our mission requires changing the supply chain, which means finding collaborators who want to build with us, not buyers simply shopping for a finished product.These markets do not move in lockstep, and we are not treating them as if they do. Defence leads across NATO nations. In North America, energy storage comes first, with electric vehicles to follow. In Europe, energy storage and electric vehicles advance together. That is the discipline behind the strategy-meeting each market on its own terms and building, region by region, the supply chain the world increasingly needs.The Policy Tailwinds
For most of Nano One's time to date, the case for ex-China battery materials was something we made to governments-today, it is something governments are making to us.National security, energy security, and economic security have collapsed into a single conversation, and battery materials sit squarely at the centre of it. The G7 Critical Minerals Action Plan, adopted at Kananaskis in June 2025, established a coordinated framework across the G7 to secure supply chains for the minerals and materials that underpin defence, clean energy, and advanced manufacturing. The follow-on Critical Minerals Production Alliance, launched in Toronto in October 2025, brought twenty-six new investments and partnerships across nine allied countries-accelerating an estimated C$6.4 billion in projects, explicitly tied to defence and energy-security outcomes.Allied governments are also actively designing a critical minerals buyers' club-a coordinated G7 demand-side mechanism to provide price stability and offtake certainty for non-China supply, so producers and processors outside China can compete on a level playing field against state-subsidized incumbents. This is the policy architecture our business model was designed to plug into.Domestic industrial strategies across Canada, the United States, the European Union, Japan, and Korea are moving in parallel directions-production incentives, accelerated permitting, defence-aligned procurement, and direct project capital. Nano One has been a recipient and a participant in the industrial execution following these new policies, including a C$12.3 million contribution from Natural Resources Canada announced in our most recent corporate update.Policy alone does not build a company. But for one doing exactly the kind of work governments now say they need done, in exactly the geographies they need it done in, the alignment between our strategy and the global policy environment is the strongest it has ever been.What Shareholders Should Expect
Our 2026 catalysts and goals remain our goals. The team is organized to deliver them, the capital is allocated to them, and we are committed to delivering against them. They are goals, not guarantees. Anyone who tells you a multi-year industrial scale-up is certain is not telling you the truth.I would also ask shareholders to be precise with us in how they read those goals. As I mentioned earlier, our public target is initial commercial supply agreements in defence and energy-storage applications by the end of 2026. A signed agreement is one milestone. First commercial deliveries are another. These milestones are sequenced, not simultaneous, and qualification cycles in defence and ESS-like those in automotive-can move quarter to quarter for reasons that have little to do with our execution. We are working toward both. The 2026 marker on the calendar is the first.What I commit to is this: we will work to hit these goals, we will report meaningful progress when achieved, and if a milestone moves, you will hear the reason and the recovery path from us.That is the standard I will be holding the Nano One team to. I only ask that you hold us to the same.Closing
We have the technology. We have the partners. We have the operational facilities. We have the team. We have a market moving decisively toward our chemistry, in regions that need an alternative to a single-country supply chain.The next chapter is about narrowing the gap between what we say and what we deliver.Now we deliver.Sincerely,
Alex Holmes
Incoming Chief Executive OfficerNano One Materials Corp.###About Nano One®
Nano One® Materials Corp. (Nano One) is a process technology company changing how cathode active materials (CAMs) are produced for lithium-ion batteries. Nano One's platform is built on a portfolio of patented processes, decades of manufacturing know-how and modular plant designs that enable scalable, cost-competitive and easier-to-permit CAM production with resilient supply chains. The technology eliminates wastewater and byproducts while enabling regionally sourced raw materials and reducing exposure to foreign supply chain volatility. Modular plants are designed with fewer steps to reduce capex, energy and environmental intensity and to accelerate deployment, manufacturing and licensing. Product development and process optimization are based at Nano One's Innovation Centre in Burnaby, British Columbia while piloting, demonstration and commercial production are based in Candiac, Québec, supported by a team with more than 15 years of commercial cathode manufacturing experience supplying global cell manufacturers. Strategic collaborations with global partners including Sumitomo Metal Mining, Rio Tinto and Worley support Nano One's Design-One-Build-Many growth strategy. Nano One has received funding support from the Governments of Canada, the United States, Québec and British Columbia.For more information, please visit nanoOne.ca.Company Contact:

Nano One Provides Corporate UpdateFebruary 18, 2026 3:05 AM
ACCESS NewswireHighlights:Demand for Nano One's One-Pot™ LFP technology solution is building across three core market application segments-defence & national security, energy storage systems (ESS) and electric vehicles (EVs).Nano One's Candiac lithium iron phosphate (LFP) demonstration plant is central to its commercialization strategy, driving toward first production and revenue generation while supporting the growth of its technology solutions and licensing business.Public policy and multi-use demand are driving the need for localized LFP cathode active materials (CAM) production in different parts of the world outside of Asia. VANCOUVER, BC / ACCESS Newswire / February 18, 2026 / Nano One® Materials Corp. (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB) ("Nano One" or the "Company"), a process technology company specializing in lithium-ion battery CAM, is pleased to provide a corporate update and an outline of its key strategic objectives for 2026.To view this release in its original stylized PDF Click HereBusiness Development & LFP Market Opportunities
Global battery demand continues to grow, with LFP chemistries capturing an increasing share of that growth, representing roughly half of global cell demand in all applications and also the dominant chemistry in the ESS market segment, accounting for over 90%1 of installations. North America is emerging as a key growth region, where LFP is gaining share in grid storage, data-center and cost-sensitive EV applications.This shift is reflected in a rapidly expanding LFP project pipeline. In the United States, planned LFP capacity increased from about 180 GWh to nearly 290 GWh in 2025, driven by a mix of new projects and the retooling of existing NCM gigafactories2 - this will require a supply of more than 600,000 tonnes per annum of LFP CAM. In Canada, the emerging lithium battery cell-manufacturing base is also moving towards LFP, creating domestic supply chain opportunities for One-Pot LFP cathode production. Investments in these projects span multiple markets globally where customers and governments are looking to establish regionalized domestically-secured supply chains.Alex Holmes, President and Chief Strategy Officer, said, "Nano One's LFP demonstration production plant in Candiac, Québec is being developed as a stepping stone to first revenue-initially targeting customers whose qualification requirements and volumes are aligned with Candiac's scale and capacity. Candiac also enables product sampling, de-risking and development work to be undertaken for much larger facilities and technology licensing opportunities. We are targeting initial commercial LFP supply agreements for defence and energy-storage applications by the end of 2026."Nano One continues to advance its partnership with Sumitomo Metal Mining for the commercialization of its technology and with Rio Tinto for qualified large volume lithium carbonate supply. The partnership with Worley Chemetics continues to develop LFP CAM Package technology solutions and the initiative with the Arkansas Lithium Technology Accelerator (ALTA) is focused on promoting US-based LFP CAM plant opportunities. Engagements with lithium battery cell manufacturers, automotive OEMs, raw-material suppliers, equipment vendors, engineering firms and government agencies also continue to advance, with counterparties at various stages of qualification and commercial discussions.Candiac: First Revenue and Demonstration Plant
Denis Geoffroy, Chief Operating Officer, said, "Our LFP production facility in Candiac, Québec is central to our commercialization efforts and our growth initiatives. The piloting and demonstration lines enable a staged approach that is deliberate, lean and optimized for productivity. It aligns capital spending with real demand and allows for demonstration of performance to customers, as well as potential strategic and financial partners." Image: Nano One's LFP CAM facility in Candiac, Québec illustrating pilot and full-scale demonstration production lines.The Pilot Line of ~200 tpa is already operational for customer sampling, continuous process and product improvement, and small commercial sales, with first commercial agreements targeted for end of 2026.The Demonstration Line is currently being operated manually in a full-scale reactor, with automation improvements underway to enable ~800 tpa of commissioned capacity targeted in the first half of 2027. This line will be focused on producing LFP cathode materials, growing commercial sales and demonstrating full-scale One-Pot reactors fully automated and integrated with material drying, calcining and packaging processes.The Demonstration Line also supports the volumes required for A-, B-, and C- sample product qualification with large cell producers looking to secure future supply through offtake agreements from large scale LFP facilities enabled by Nano One's One-Pot technology.Design-One-Build-Many Licensing Growth Strategy
Nano One is pursuing a licensing growth strategy to address the emerging global need for supply chain and processing alternatives that enable diversified LFP ecosystems, localization and resilience. Its One-Pot technology solution is marketed directly to existing CAM producers, who are potential licensees, looking for LFP cathode materials solutions that can deliver a technological edge, cost-competitive process and are an industrial solutions partner that can drive growth and scale in emerging markets around the world.Nano One is also developing a more complete technology offering, through its partnership with Worley Chemetics and their colleagues at Worley Comprimo. Collectively, the Technology Solutions group at Worley has more than 100 years of experience designing, selling and delivering chemical processing technology solutions globally. They hold significant market share in their respective segments and joined Nano One in Candiac in January to collaborate on 2026 strategic planning.The Design-One-Build-Many approach includes a commercial-ready One-Pot LFP CAM Package that is targeted for completion and marketing in H1 2026. This provides an inside battery limits (ISBL) offering, which is essentially the "guts" of a One-Pot LFP production-line, engineered to a class 3 cost estimate. It also includes a preliminary process design package and qualified vendor quotes for key equipment, providing enough definition to promote this technology stack to a global target-customer base.Capital and Financial Discipline
In December 2025, the Company completed an equity financing to fund the next phases of production and licensing plans. This financing provides the upfront capital needed to advance Candiac expansion and related projects and allows Nano One to draw down contracted government funding and extend its financial runway.Carlo Valente, CFO, said, "This financing complements our non-dilutive sources of capital achieved to date, including government funding, the Candiac sale and leaseback transaction and our sale of vacant land. Over $63.0 million of non-dilutive capital has been secured since the beginning of 2024, and as of September 30, 2025, Nano One had $17.8 million in cash. Subsequent to September 30, 2025, the Company completed a capital raise for $7.0 million in gross proceeds and was also awarded $5 million from NRCan to support the Candiac expansion plans. As of December 2025, the Company had $25.8 million in undrawn government funding available."Nano One's at-the-market (ATM) program has been used modestly since launch and represents a low-cost source of funding and a small portion of overall trading volume, with detailed results reported in quarterly and annual filings.Public Policy, Dual-Use Demand and "Why Now"
Government policies, customer demand and supply chain strategies are now aligned in favour of localized LFP cathode production."The Government of Canada is proud to support Nano One as they scale up their made-in-Canada battery innovation. At a time where the global demand for batteries is surging, their work could not be more important. We are showing the world how to build cleaner, more secure, and more sustainable supply chains. This patented technology, developed here at home, is helping position Canada as a global leader in the next generation of battery materials-proving that Canada can power the world."- The Honourable Tim Hodgson, Minister of Energy and Natural ResourcesGovernments in key jurisdictions for Nano One-including Canada, the United States, Europe and the Indo-Pacific region-have prioritized critical minerals and their derivatives, including battery materials for lithium-ion batteries. LFP cathode materials specifically is increasingly reflected in government policy-making and funding decisions because of its importance for energy storage, defence and EVs. In 2025, EV sales slowed in the United States but reached record highs in the European Union, alongside strong demand from LFP battery applications in data centers.Adam Johnson, Senior Vice President External Affairs, said, "These market trends and emerging policies reinforce Nano One's engagement with key decision-makers, supported by on-shoring efforts and actions across multiple markets globally outside of Asia, which are all looking to grow local domestic, resilient and sustainable supply in each of their respective regions."Policy measures, such as the 2025 U.S. National Defense Authorization Act (NDAA) prohibit batteries and battery components being procured from Prohibited Foreign Entities (PFEs) for the U.S. military starting in 2028, while the U.S. Congress has maintained the 45X manufacturing tax credit at $35/kWh. Together, these incentives align with one of Nano One's key focus markets, the U.S, to develop localized production of LFP batteries and cathode material inputs. NATO defence-spending commitments and dual-purpose defence-civilian strategies support localized supply chain ambitions under the 2% and 5% commitments. G7 actions on diversifying critical minerals through the Critical Minerals Production Alliance are also pushing supply chains toward allied jurisdictions and away from single-country dependence. Nano One's One-Pot technology solution is designed for this world: it is cost-competitive, simplifies supply chains, reduces waste and is supported by regionally sourced input materials.2026 Strategic Objectives
The Company is entering the year 2026 having advanced the main catalysts set out a year ago: Its Candiac facility is moving toward revenue, the CAM Package is approaching a go-to-market state and the balance sheet is structured to support the next phase of execution. Against this backdrop, Nano One's key areas of focus in 2026 are:Product Sales: Advance customer qualifications at Candiac toward initial commercial sales and multi-year purchase commitments, continue product and process improvements and report on scale-up and optimization of Candiac production capabilities.Technology Licensing: Finalize and market the CAM Package as a ready-to-license One-Pot LFP ISBL design to strategic targets and continue customer engagements for technology license-only sales."We have laid the groundwork," said Nano One CEO Dan Blondal, "and we are focused on execution, converting target customer engagement into commercial sales of product and technology and building a recurring revenue base through licensing and royalties that drives long-term shareholder value."####About Nano One
Nano One® Materials Corp. (Nano One) is a process technology company changing how cathode active materials (CAMs) are produced for lithium-ion batteries. Nano One's platform is built on a portfolio of patented processes, decades of manufacturing know-how and modular plant designs that enable scalable, cost-competitive and easier-to-permit CAM production with resilient supply chains. The technology eliminates wastewater and byproducts while enabling regionally sourced raw materials and reducing exposure to foreign supply chain volatility. Modular plants are designed with fewer steps to reduce capex, energy and environmental intensity and to accelerate deployment, manufacturing and licensing. Product development and process optimization are based at Nano One's Innovation Centre in Burnaby, British Columbia while piloting, demonstration and commercial production are based in Candiac, Québec, supported by a team with more than 15 years of commercial cathode manufacturing experience supplying global cell manufacturers. Strategic collaborations with global partners including Sumitomo Metal Mining, Rio Tinto and Worley support Nano One's Design-One-Build-Many growth strategy. Nano One has received funding support from the Governments of Canada, the United States, Québec and British Columbia.For more information, please visit nanoOne.ca.Company Contact: