Nano One Materials Corp (NANO)

Lazy management feeding off shareholders again!

This at the market common shareholder screwing is currently priced near the lows for the year.
Perhaps lots of this new-found dilution will be squandered on further increasing management's bloated compensation.

Endless years of selling nothing except stories so expertly.

Nano One Renews At-The-Market Equity ProgramJune 29, 2026 11:30 PM
ACCESS NewswireNot for distribution to United States newswire services or for dissemination in the United States.VANCOUVER, BC / ACCESS Newswire / June 29, 2026 / Nano 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, is pleased to announce that it has entered into an equity distribution agreement (the "Distribution Agreement") with Canaccord Genuity Corp. and Roth Canada, Inc. (together the "Agents") to renew its at-the-market equity issuance program (the "ATM Program"). The ATM Program follows the Company's previous at-the-market equity program established in September 2025, which has since expired. Pursuant to the Distribution Agreement, the Company may distribute up to C$20,000,000 of common shares in the capital of the Company (the "Common Shares"), from time to time through the Agents, subject to the approval of the Toronto Stock Exchange (the "TSX"). The Company is under no obligation to sell any Common Shares and retains sole discretion over the timing and amount of any sales. The ATM Program, which has a term of just over two years, is intended to be utilized selectively and in a manner that is mindful of shareholder value."An at-the-market program is a flexible, cost-effective capital markets tool that can be used if and when appropriate," said Carlo Valente, Chief Financial Officer. "It complements the non-dilutive support previously announced from the Governments of Québec, Canada and the US while providing flexibility to support the final stages of our Candiac scale-up and the Company's commercialization efforts."The ATM Program is being established pursuant to a prospectus supplement dated the date hereof (the "Prospectus Supplement") to the Company's short form base shelf prospectus dated June 12, 2026 (the "Base Shelf Prospectus"), each filed with the securities regulatory authorities in all the provinces of Canada. Sales, if any, will be made as "at-the-market distributions" as defined in NI 44-102 - Shelf Distributions, including sales made directly on the TSX or any other Canadian "marketplace," at the prevailing market price at the time of sale; as such, prices may vary among purchasers and over time.The ATM Program will be effective until the earliest of: (i) July 12, 2028; (ii) the issuance and sale of all of the Common Shares subject to the Distribution Agreement by the Agents; (iii) the receipt of notice from the British Columbia Securities Commission that the Base Shelf Prospectus has ceased to be effective in accordance with applicable Canadian securities laws; and (iv) termination of the Distribution Agreement in accordance with its terms.The Company currently intends to use the net proceeds, if any, to fund ongoing operations. The Company may re-allocate the net proceeds of the ATM Program from time to time, giving consideration to its strategy relative to the market, development and changes in the industry and regulatory landscape, as well as other conditions relevant at the applicable time.The Prospectus Supplement (together with the Base Shelf Prospectus, the "Prospectus") and the Distribution Agreement are available to download for free under the Company's profile on SEDAR+ at www.sedarplus.ca. Potential investors can also request printed or electronic copies of the documents by contacting the Company's Corporate Secretary by mail at Suite 101B - 8575 Government Street, Burnaby, BC, Canada, V3N 4V1, by email at Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made are not, and cannot be, a guarantee of future results or events. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: general and global economic and regulatory changes; next steps and timely execution of the Company's business plans; the development of technology, supply chains, and plans for construction and operation of cathode production facilities; successful current or future collaborations that may happen with OEM's, miners or others; the execution of the Company's plans which are contingent on capital sources; the Company's ability to achieve its stated goals; the commercialization of the Company's technology and patents via license, joint venture and independent production; anticipated global demand and projected growth for LFP batteries; and other risk factors as identified in Nano One's Annual Information Form dated March 25, 2026, for the year ended December 31, 2025, its MD&A for the three months ended March 31, 2026 and in recent securities filings for the Company which are available at www.sedarplus.ca. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake any obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.SOURCE: Nano One Materials Corp.View the original press release on ACCESS NewswireOriginal: Nano One Renews At-The-Market Equity Program

Nano One and Worley Chemetics Complete One-Pot(TM) LFP Cathode Package and Advance to MarketJune 25, 2026 3:05 AM
ACCESS NewswireHighlightsOne-Pot™ LFP CAM Package completed using qualified North American, European and South African equipment vendors, meeting the Company's first-half 2026 objectiveDe-risked offering bundles a technology license, process design package and qualified key equipment into a single, cost-competitive package for licenseesA second, hybrid configuration combines North American, European, South African and Chinese vendors for non-IP-sensitive equipment, adding sourcing optionality in eligible jurisdictions VANCOUVER, BC / ACCESS Newswire / June 25, 2026 / Nano One® Materials Corp. ("Nano One" or the "Company"), a process technology company specializing in lithium-ion battery cathode active materials, together with alliance partner Worley Chemetics, today announced the completion of a One-Pot™ lithium iron phosphate (LFP) cathode active material (CAM) Package engineered to a Class 3 cost estimate using qualified North American, European and South African equipment-delivering on the Company's objective to complete and initiate marketing of a commercial-ready One-Pot LFP CAM Package in the first half of 2026. Figure 1: The One-Pot™ LFP CAM Package simplified overview (illustrative). Currently available with vendors from North America, Europe and South Africa.The CAM Package covers the inside-battery-limits (ISBL) scope of a One-Pot LFP production line-the core process equipment that converts feedstock materials into LFP cathode. It includes process design and engineering, building layout and equipment specifications, qualified vendor quotes as well as capital and operating cost estimates. This provides the basis needed to market the technology to target customers worldwide. The package offers a de-risked path to production and shorter time to market, giving target customers greater cost and execution certainty to invest with confidence.The North American, European and South African vendors qualified for the CAM Package were selected for their technical capabilities and long-standing operating history with the Nano One team. The package builds on Nano One and Worley's previously announced comparative analysis,[1] which showed that the One-Pot process could enable at least 30% lower total invested capital and up to 30% lower operational costs, using up to 80% less energy than the incumbent method-like for like. On that basis, the CAM Package is well positioned to meet growing market demand for localized LFP CAM production."Completing the One-Pot™ LFP CAM Package with Worley delivers on a key 2026 objective and positions us to bring a de-risked, market-ready offering to customers worldwide," said Alex Holmes, Chief Executive Officer of Nano One. "Continuous innovation is fundamental to our offering. As the process improves, future iterations of the CAM Package will deliver further operating and capital cost efficiencies, developed collaboratively with our target customers.""By combining Nano One's One-Pot process with Worley Chemetics' technology commercialization and delivery track record, we are offering customers a de-risked technology package they can take from design to production with confidence," said Andrew Barr, President, Technology Solutions, Worley. "We are drawing on more than 60 years of experience designing and fabricating chemical processing equipment and delivering technology solutions globally."A Hybrid Sourcing Configuration for Optionality
Nano One and Worley are also developing a second, hybrid configuration of the CAM Package for jurisdictions where Chinese-sourced equipment is permitted or consistent with local incentive and content requirements. While maintaining procurement with established vendors across North America, Europe and South Africa, it allows sourcing from Chinese vendors, giving customers added sourcing flexibility. IP-sensitive equipment, such as One-Pot reactors, will be fabricated by Worley Chemetics or other established technical collaborators in North America, Europe and South Africa in both configurations. Nano One and Worley are developing the hybrid configuration in response to the voice of the customer, addressing demand for competitive, jurisdiction-specific solutions. The hybrid configuration is targeted for completion in H2 2026.Localized LFP Cathode Production: Market Demand and Policy Drivers
Demand for localized LFP cathode active material is building across defence and national security, energy storage systems and electric vehicle applications. LFP now supplies almost half the global electric-vehicle market, up from under 10% in 2020, and is increasingly the chemistry of choice for grid-scale energy storage. Yet more than 98% of LFP cathode material is produced in China[2]-a concentration that is driving demand for regionalized production. China has also continued to expand export controls across the battery supply chain, covering LFP cathode materials and production equipment in 2025 and broadening its framework through 2026.[3] In their June 2026 declaration on securing critical-minerals supply chains, G7 leaders tied resilient critical-minerals value chains directly to economic and national security, and committed to strengthening midstream and downstream industrial competitiveness and local value creation.[4] That is precisely the regionalized cathode production the CAM Package is designed to enable.Cathode Active Materials Package Strategy
Nano One is pursuing a go-to-market strategy for its One-Pot technology by licensing the CAM Package jointly with Worley Chemetics. The CAM Package advances Nano One's Design-One-Build-Many strategy of licensing One-Pot technology to CAM producers and adjacent industry participants worldwide. It builds on Nano One's One-Pot process expertise together with Worley Chemetics' decades of experience designing and fabricating chemical processing equipment and delivering technology packages. The Nano One-Worley Chemetics alliance is supported by C$2.8 million in non-dilutive funding awarded by Next Generation Manufacturing Canada, advancing development of the One-Pot CAM Package and its proprietary equipment. Nano One and Worley coordinate the alliance through a joint steering committee that meets regularly to align priorities and guide execution.###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 Summary of the Results from 2026 Annual General MeetingJune 4, 2026 10:00 PM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / June 4, 2026 / Nano 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 summary of the results from the Annual General Meeting.To watch an audio-only video recording of the 2026 Annual General Meeting presentation and access the accompanying corporate materials, please visit https://nanoone.ca/investors/agm/. Results of Annual General MeetingNano One is pleased to announce the results of the annual general meeting of shareholders (the "Meeting"). All matters presented for shareholder approval at the Meeting were approved, as follows:Setting the number of directors of the Company at five (5);Election of the Directors of the Company for the ensuing year;Appointment of PricewaterhouseCoopers LLP as Auditors of the Company for the ensuing year and authorizing the directors to fix their remuneration;A total of 31,229,523 common shares were represented by proxy and in person at the Meeting, representing 26.09% of the total issued and outstanding common shares of the Company, which represents quorum.Election of DirectorsThe five nominees listed in the Company's management information circular dated April 22, 2026, were elected Directors as set out below:NomineeOutcome of VoteVotes
For% ForVotes Withheld% WithheldAnthony TseCarried28,410,33390.97%2,819,1909.03%Dan BlondalCarried30,721,00798.37%508,5161.63%Carla MathesonCarried31,071,83999.50%157,6840.50%Lisa SkakunCarried30,412,48697.38%817,0372.62%Dr. Joseph GuyCarried31,087,41099.54%142,1130.46%Appointment of Independent AuditorResolutionOutcome of VoteVotes
For% ForVotes Withheld% WithheldAppointment of PricewaterhouseCoopers LLP as Auditors of the Company for the ensuing year and authorizing the Directors to fix their remuneration.Carried31,224,79199.98%4,7320.02%Detailed voting results for each of the matters voted on at the meeting will be available for viewing on our website and on SEDAR+ at www.sedarplus.ca."On behalf of the Board, I want to thank Dan Blondal for more than a decade of leadership," said Mr. Anthony Tse, Nano One's Board Chair. "His contributions have positioned Nano One for the opportunities ahead, and we're grateful that he'll continue to support the Company as an advisor through the remainder of 2026 to help ensure a smooth transition for Alex Holmes, incoming CEO of Nano One."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:

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:

Finally...Perhaps product revenues will finally happen!

Years of wasted delays and constant begging for money rather than creating real revenues.
Time for the company to earn its keep beyond providing cushy salaries for life.


$ ,69US

Nano One Announces Retirement of Founder and CEO Dan Blondal, President & Chief Strategy Officer Alex Holmes Appointed to CEO RoleJune 1, 2026 3:05 AM
ACCESS NewswireHighlightsDan Blondal, Founder and Chief Executive Officer, to retire as of June 12, 2026, and will continue to support the Company in an advisory capacityAlex Holmes, President and Chief Strategy Officer, now appointed as Chief Executive Officer, effective June 12, 2026Planned senior leadership succession reflects the Company's transition into its next phase of growth and commercialization VANCOUVER, BC / ACCESS Newswire / June 1, 2026 / Nano 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, today announced that Dan Blondal, Founder and Chief Executive Officer, will retire from his executive management and Board Director role effective June 12, 2026. Alex Holmes, currently President and Chief Strategy Officer, will assume the role of Chief Executive Officer on the same date and join as a Director on the Board. Mr. Blondal will continue to support the Company in an advisory capacity following his retirement.The transition reflects a planned succession process developed in concert with the Board of Directors and supports continuity as Nano One advances toward commercialization of its cathode active materials technology."On behalf of the Board, I want to thank Dan for his vision, leadership and dedication in founding and building Nano One into the company it is today," said Anthony Tse, Chair of Nano One. "Dan's technical insight and persistence have shaped Nano One's technology platform, partnerships and strategic direction over more than a decade. The Board is grateful for his contributions and pleased that he will remain involved in an advisory capacity. We are equally pleased with Alex Holmes moving from President to Chief Executive Officer. Alex has demonstrated the strategic, operational and capital markets leadership needed to guide the Company through its next phase of growth and commercialization. The Board remains focused on supporting management in meeting its objectives and creating value for shareholders.""It has been the honour of my career to lead Nano One from its earliest days through to where the Company stands today," said Dan Blondal, Founder and Chief Executive Officer of Nano One. "I am proud of what this team has built-every person, past and present, who has contributed to advancing our technology offering, our shareholder base, our partnerships and our path toward commercialization. I have worked closely with Alex and the rest of the leadership team and have full confidence in their ability to carry Nano One into its next stage of development and their commitment to creating long-term shareholder value. The Company is in capable hands, and I look forward to supporting Alex and the team in an advisory capacity as they continue this important work.""Dan's vision and conviction are the reason Nano One exists. I appreciate his mentorship and how he helped shape my thinking about the business and this industry," said Alex Holmes, incoming Chief Executive Officer of Nano One. "I am honoured to take on this role and to build on the foundation Dan and the team have established. Our focus remains on disciplined execution-advancing our technology, our customer engagements and our path to commercialization-alongside the talented team Dan has assembled and continues to support. Our commitment to valued shareholders who have been with us-for a decade or a few months-is to drive opportunity and meet our collective desire for success."About the Transition
Mr. Blondal founded Nano One in 2011 and has served as Chief Executive Officer since the Company's inception, leading the development of its global portfolio of more than 50 patented cathode active materials process technologies, guiding the Company through its public listing on the TSX Venture Exchange in 2015 and graduation to the Toronto Stock Exchange in 2021, and establishing the early relationships with Canadian and provincial government partners that have continued to deepen and expand. His leadership built the credibility and relationships-across the global battery supply chain, with government partners and within capital markets-that opened doors for the Company and laid the foundation for its current commercialization phase.Mr. Holmes was appointed President and Chief Strategy Officer in February 2026, having previously served as Chief Operating Officer since 2021. He draws on nearly 25 years of experience in capital markets and corporate leadership, including approximately ten years in investment banking and senior executive roles at several public companies focused on critical minerals and technology. Further background on Mr. Holmes is available in the Company's February 17, 2026 news release at nanoone.ca/news.###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 by-products 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 Reports Q1 2026 Results and Reminds Shareholders of Upcoming AGMMay 14, 2026 7:30 PM
ACCESS NewswireFirst Quarter 2026 & Subsequent ResultsThe Company reported net assets of $22.1 million, working capital of $22.3 million, and cash of $23.0 million for the end of the periodGovernment loan proceeds of $3.1 million received further to grant proceeds of $4.7 million for aggregate proceeds received of $7.8 million during Q1 2026Annual General Meeting scheduled for Thursday, June 4, 2026, at 9:00 AM PDT VANCOUVER, BC / ACCESS Newswire / May 14, 2026 / Nano One® Materials Corp. ("Nano One" or the "Company") has filed its condensed interim consolidated financial statements (the "financial statements") and Management's Discussion & Analysis ("MD&A") for the three months ended March 31, 2026 ("Q1 2026") and is pleased to provide a summary and an update on subsequent events. For an overview of the Company's objectives for 2026, please read the 2026 Corporate Objectives.Q1 2026-Financial Position and Results
As at March 31, 2026, the Company reported total net assets and working capital of $22.1 million and $22.3 million respectively, with cash of $23.0 million. The $7.8 million in government funding received in Q1 2026 minimized the net use of cash for the period to less than $1.0 million. As of March 2026, Nano One had $25.3 million in undrawn government funding available.AGM
The Annual General Meeting ("AGM") of the shareholders of Nano One will be held on Thursday, June 4, 2026, at 9:00 am Pacific Time. Shareholders who wish to participate in person at the AGM are invited to visit Nano One's AGM web page for information related to the location and agenda.Materials for the AGM were mailed to shareholders of record beginning April 29, 2026, and may also be found on the Company's website at https://nanoone.ca/investors/agm/ and under Nano One's profile on SEDAR+ at www.sedarplus.ca.To vote by proxy, please follow the instructions included in the AGM materials. The proxy voting deadline is 9:00 am Pacific Time on June 2, 2026.For a more detailed discussion of Nano One's Q1 2026 interim quarterly results, please refer to the Company's financial statements, and MD&A, which are available at www.sedarplus.ca.###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 www.nanoone.ca.Company Contact:

More HYPE,,,Management fails to create product revenue!

Lazy top-heavy management squanders salaries for about everything.
Everything except paying someone that actually creates revenue.
Endless years go by without meaningful product revenue!

Seems they focus on selling stock to feed fat salaries.
While constantly begging for government grants.


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Nano One Appoints Jason Zandberg as Director of Capital MarketsMay 7, 2026 3:05 AM
ACCESS NewswireHighlightsNano One has appointed Jason Zandberg, CFA, as Director of Capital Markets to strengthen support for retail and institutional investor engagement and research analyst coverageMr. Zandberg has over 30 years of capital markets sell-side experience building engagement strategies for TSX-listed emerging-growth companiesMr. Zandberg is currently advising Blackline Safety Corp. (TSX: BLN) as Director of Investor Relations through its pending C$850 million acquisition VANCOUVER, BC / ACCESS Newswire / May 7, 2026 / Nano 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, has appointed Jason Zandberg, CFA, effective May 7, 2026, to support investor relations and capital markets activities.Mr. Zandberg previously held various sell-side analyst roles at leading Canadian investment dealers and has built, over the course of his career, a strong network of institutional investors, family offices, high-net-worth individuals and retail investors. He will complement the Company's existing IR strategy to broaden investor awareness and engagement across Canada, the US and European capital markets."We are pleased to welcome Jason to the Nano One team," said Alex Holmes, President and Chief Strategy Officer of Nano One Materials. "As we expand our engagement with North American, European and Indo-Pacific battery materials supply chains, bringing in an experienced capital markets professional to help communicate our value proposition is an important step. Jason has a track record of supporting shareholders, growing institutional audiences and expanding analyst coverage for emerging-growth public companies, making him a strong fit for the next stage of Nano One's development."Mr. Zandberg currently serves as Director of Investor Relations at Blackline Safety Corp. ("Blackline") (BLN), where he continues to support the company through its pending C$850 million acquisition. During his tenure, Blackline has expanded its institutional shareholder base, broadened analyst coverage and earned recognition on Deloitte's Technology Fast 500™."Nano One has built something genuinely differentiated in terms of technology, with applications across defence, energy storage and EV sectors. The Company's process technology supports the nascent mid-stream of the battery supply chain-a part of the value chain that needs scalable, regionally resilient solutions as global demand grows," said Mr. Zandberg. "I look forward to supporting continued engagement with shareholders and broadening Nano One's retail and institutional investor following."###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 to Receive Additional C$4.3M from the Government of Canada to Advance Battery Material Production for Energy Security & DefenceApril 8, 2026 12:45 PM
ACCESS NewswireHighlightsNano One to receive an additional C$4.3M from NRCan for feasibility study work and integration of software for production and operationsAdditional grant funding will support expanded scope of NRCan Project previously announced on Oct 29, 2025Enhanced project scope will contribute to commercial objectives in defence, energy storage and automotive sectors VANCOUVER, BC / ACCESS Newswire / April 8, 2026 / Nano One® Materials Corp. ("Nano One" or the "Company") (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB), a process technology company specializing in cathode active materials for lithium-ion batteries, is pleased to announce an additional C$4.3 million non-repayable contribution from Natural Resources Canada (NRCan) under the Energy Innovation Program. The additional funds will primarily reimburse eligible expenses for the installation of a Distributed Control System (DCS) and a Manufacturing Execution System (MES), as well as ongoing third-party engineering work to advance the Company's 25 ktpa production capacity One-Pot™ plant design."Quebec is an essential centre for battery innovation and advanced manufacturing. Projects like this help move new technologies closer to commercialization while reinforcing the province's role in Canada's growing clean technology sector. This is just one example of how Quebec is supporting our country to become a clean energy superpower."Claude Guay
Parliamentary Secretary to the Minister of Energy and Natural Resources"Nano One is grateful to the Government of Canada for its ongoing support and increased funding", said Nano One's COO, Denis Geoffroy. "The DCS and MES software systems will add agility and precision to the production plant and speed up automotive certification and product traceability. The engineering work is essential to project execution and plant operating efficiencies. This investment strengthens our production and technology licensing offering and supports our path to commercialization. It also continues to build long-term shareholder value and reinforces Nano One's position as a leader in materials processing for Canada."Amended Project ScopeThe C$4.3 million contribution from NRCan's Energy Innovation Program supports amendments to the scope of work for the Company's NRCan Contribution Agreement previously announced on October 29, 2025[1], bringing the total award to C$9.3 million. The original scope includes operating and capital expenditures for scale-up, product development and commercialization activities at the Company's facilities in Candiac, Québec and Burnaby, British Columbia. The enhanced scope adds three areas of additional work, with eligible and reimbursable expenses dating back to April 1, 2025:A Distributed Control System (DCS) plant software to enable all equipment and production to be managed from a single control centre while improving operations reliability, process efficiency and safety. The new system will improve resilience to cybersecurity threats and will enable remote support system capability and training for future plants.A Manufacturing Execution System (MES) software that is superimposed on the DCS to monitor, track, document and control all stages of production on the factory floor-bridging the gap between enterprise resource planning (ERP) and real-time machine operations to optimize efficiency, quality and traceability. It provides real-time data for better decision-making, manages resources, schedules production, ensures quality control and creates a complete record of product, which is crucial for compliance with the automotive industry requirements such as IATF. These upgrades will implement Industry 4.0 capability in Candiac and enable faster product improvement.Advancing a feasibility study for a large-scale commercial plant addressing domestic demand in Automotive and Battery Energy Storage Systems (BESS) markets. The study will integrate the modular design developed through the Nano One Worley Alliance and operational learnings from the Candiac demonstration plant.Since October 2025, Nano One has secured C$12.31 million in support from NRCan for work that enables the Company to advance capacity expansion at its Candiac facility, qualify inputs from suppliers, meet product specifications for clients, train licensees and support future plant development. The funding also supports the development of new generations of LFP to meet enhanced performance requirements across energy storage systems, defence, electric vehicles and other applications. Sumitomo Metal Mining is a project partner under this NRCan contribution agreement and is contributing technical expertise as in-kind support.The Candiac facility remains Nano One's launch pad for growth and provides an important bridge between customer validation, first revenues and demonstrating the technology in production-grade equipment to support future licensing opportunities. As a demonstration facility, Candiac will also support service revenues generated from licensee operator training, continuous process improvements and product enhancement.Strengthening North America's Battery Supply ChainsThe full project scope supports Nano One's scale-up at its Candiac facility from 200 tpa to a minimum of 800 tpa with the flexibility to reach 1,000+ tpa to meet customer demand. It marks continued progress toward commercializing One-Pot LFP production and building localized capacity in line with government priorities for industrial resilience and supply-chain independence.The project builds on existing funding support from the U.S. Department of Defense, Next Generation Manufacturing Canada (NGen), Investissement Québec (MEIE), and Technoclimat (MELCCFP). It aligns with G7 efforts to build resilient and diversified supply chains for critical minerals and battery materials-reducing reliance on single-country sources and reinforcing North American energy security-helping position Canada as a future supplier of LFP cathode materials.About Nano One®Nano One® Materials Corp. (Nano One) is a technology company changing how the world makes cathode active materials for lithium-ion batteries. Applications include stationary energy storage systems (ESS), portable electronics, and electric vehicles (EVs). The Company's patented One-Pot™ process reduces costs, is easier-to permit, lowers energy intensity, environmental footprint, and reliance on problematic supply chains. The Company is supporting the drive towards energy security, supply chain resilience, industrial competitiveness and increased performance through process innovation. Production is being piloted and demonstrated in Candiac, Quebec, drawing on existing plant and decades of commercial lithium-iron phosphate (LFP) manufacturing experience. Strategic collaborations and partnerships with international companies like Sumitomo Metal Mining, Rio Tinto, and Worley are supporting a design-one-build-many licensing growth strategy-delivering cost-competitive, easier-to-permit, and faster-to-market battery materials production solutions worldwide. Nano One has received funding from the Government of Canada, the Government of the United States, the Government of Québec, and the Government of British Columbia.
For more information, please visit nanoOne.ca.?Company Contact:

Nano One Highlights Recent Objectives & Reports Fourth Quarter 2025 ResultsMarch 25, 2026 7:30 PM
ACCESS Newswire2026 Commercialization ObjectivesTargeting initial commercial LFP supply agreements for defence and energy-storage applications by the end of 2026Targeting completion and marketing of a commercial-ready One-Pot™ LFP CAM Package marketing with Worley in H1 2026Improving automation and materials handling to expand production capacity at the Candiac Facility, targeting ~800 tpa of commissioned capacity in H1 2027Fourth Quarter 2025 & Subsequent ResultsThe Company reported net assets of $22.5 million, working capital of $22.3 million, and cash and cash equivalents of $23.6 million for the end of the periodThe at-the-market (ATM) equity offering launched in September 2025, combined with the overnight marketed deal in December 2025 raised gross proceeds of $10.0 millionAwarded $12.3 million from NRCan under two separate programs to support various LFP-related projects VANCOUVER, BC / ACCESS Newswire / March 25, 2026 / Nano One® Materials Corp. ("Nano One" or the "Company") (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB) has filed its audited annual consolidated financial statements (the "financial statements") and Management's Discussion & Analysis ("MD&A") for the year ended December 31, 2025 ("Q4 2025") and is pleased to provide a summary and an update on subsequent events.Commercialization Strategy
Technology Solutions Licensing
Nano One's One-Pot™ process is being marketed directly for license to existing CAM producers in emerging markets around the world who are looking for LFP CAM production technology solutions that offer a cost-competitive, scalable, easier-to-permit and diversified alternative to existing supply chains. The elimination of wastewater and byproducts enables a modular "Design-One-Build-Many" approach that includes a commercial-ready One-Pot LFP CAM Package, in development with Nano One partner Worley Chemetics that is targeted for completion and marketing in H1 2026.Production
Nano One's LFP demonstration production plant in Candiac, Québec is being developed as a stepping stone to first revenue, targeting commercial LFP supply agreements by the end of 2026 for defence and energy-storage applications, whose qualification, volume and raw material sourcing requirements are aligned with Candiac's capacity and supply chains.Nano One's Pilot Line of ~200 tpa is operational for customer sampling, continuous process and product improvement and small commercial sales. The Demonstration Line is currently being operated manually in a full-scale reactor, with automation improvements underway to enable approximately 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 that are fully automated with integrated drying, calcining and packaging processes.The Candiac Facility also enables A-, B-, and C- sample product qualification with large cell producers looking to secure future supply through offtake agreements. This is a pathway to higher volume production, larger plants, project development and process technology licensing opportunities, all enabled by Nano One's One-Pot technology.2026 Strategic Objectives
Nano One is focused on execution and on converting target customer engagements into product and technology sales that build recurring revenue base through licensing and royalties while driving long-term shareholder value. This makes product sales and technology licensing the key areas of focus in 2026, building on the advancement of the Company's catalysts achieved in 2025 and set out for 2026. The Candiac facility is moving toward first revenue through continuous advancement of customer qualifications towards initial commercial sales and multi-year purchase commitments (product sales). The CAM Package is approaching a go-to-market state with the 2026 objective of finalizing and marketing a ready-to-license One-Pot inside battery limits (ISBL) design to strategic targets for technology license-only sales.Q4 2025-Financial Position and Results
As of December 31, 2025, the Company reported total net assets and working capital of $22.5 million and $22.3 million respectively, with cash and cash equivalents at $23.6 million. The $6.0 million improvement in net assets over the preceding Q3 2025 quarter is mainly attributable to the overnight marketed offering from December 2025 which drove the increased cash position quarter over quarter. Both the ATM financing and overnight marketed offering generated nearly $10.0 million in gross proceeds further to proceeds from the sale leaseback transaction in Q1 2025 ($13.7 million) and nearly $21.0 million in government funding throughout 2025, which collectively contributed to the year over year net improvement in cash position of $16.4 million. As of December 2025, Nano One had $25.8 million in undrawn government funding available.NRCan Government Funding
The Company was awarded non-repayable contributions from Natural Resources Canada (NRCan) for two LFP related projects under the Energy Innovation Program, on October 29, 2025, and March 3, 2026, for an aggregate amount of $12,310,000.On March 3, 2026, the Honourable Tim Hodgson, Minister of Energy and Natural Resources Canada, said "We're building a stronger, more productive, and increasingly prosperous Canada by supporting companies like Nano One that innovate here at home. This project will help scale up the production of battery materials and drive innovation in clean technologies vital to a lower-carbon future. With this investment, we are strengthening our supply chains and bolstering Canada's economy, security, and sustainability."For a more detailed discussion of Nano One's Q4 2025 annual results, please refer to the Company's financial statements, and MD&A, which are available at www.sedarplus.ca.###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 www.nanoone.ca.Company Contact:

Nano One Advances Candiac LFP Production Capacity Expansion Project, Detailed Engineering & Equipment ProcurementMarch 17, 2026 3:20 AM
ACCESS NewswireHighlightsDetailed engineering work has progressed as planned and is targeted for completion by July 2026Purchase orders for major equipment have been issued and fabrication is in progress with suppliers in various countriesWork activities to date are advancing the 800 tpa expansion project toward construction readinessProcurement and vendor qualification will also support future licensing and technology solution offerings VANCOUVER, BC / ACCESS Newswire / March 17, 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 cathode active materials (CAM), is pleased to provide a progress update on its lithium iron phosphate (LFP) production capacity expansion project at its Candiac facility, which will result in an increased capacity of 800 tonnes per annum (tpa).Following the investment decision gate announced in Q4 2025, detailed engineering work has now progressed past 25% and is targeted for completion by July 2026. Purchase orders have been initiated for major equipment with suppliers in France, Germany and other countries. Vendor selection has been completed for the balance of major equipment packages and the activities to date are important steps toward construction readiness. As disclosed in the Company's Prospectus Supplement dated December 8, 2025, the Company is targeting completion of procurement, installation and commissioning of the newly expanded production capacity in the first half of 2027."Advancing detailed engineering and long-lead equipment procurement at Candiac has progressed as scheduled and according to plan," states Denis Geoffroy, Chief Operating Officer of Nano One. "I am confident that this expansion project will be completed on budget and on time for the first half of 2027."The current equipment procurement and vendor qualification work will also help Nano One prepare for its future licensing and technology solutions. Equipment compatibility and vendor qualification will support the Company's CAM package commercial offerings. Nano One's Candiac facility includes multiple One-Pot™ production lines, each designed for a distinct role in technology development, demonstration and scale-up.The piloting line, which was commissioned at the end of 2023, consists of two 2m³ reactors and supports scale up, customer qualification and small-volume production.The commercial demonstration line integrates the existing 20m³ reactor with the balance-of-plant to form an automated production line. This forms the basis for near-term commercial production and supports product and process validation with larger volume offtakers and potential licensees of Nano One's modular plant design.The engineering work is specifically directed to the integration and automation of an existing 20m³ reactor, and scaling-up its production capacity to 800 tonnes per year once completed. At 20m3, this reactor is already at full-scale and its design can be replicated many times, in a modular fashion, to meet the capacity requirements of higher volume LFP production plants.###About Nano One®Nano One® Materials Corp. (Nano One) is a technology company changing how the world makes cathode active materials for lithium-ion batteries. Applications include stationary energy storage systems (ESS), portable electronics, and electric vehicles (EVs). The Company's patented One-Pot process reduces costs, is easier-to permit, lowers energy intensity, environmental footprint, and reliance on problematic supply chains. The Company is supporting the drive towards energy security, supply chain resilience, industrial competitiveness and increased performance through process innovation. Production is being piloted and demonstrated in Candiac, Quebec, drawing on existing plant and decades of commercial lithium-iron phosphate (LFP) manufacturing experience. Strategic collaborations and partnerships with international companies like Sumitomo Metal Mining, Rio Tinto, and Worley are supporting a design-one-build-many licensing growth strategy-delivering cost-competitive, easier-to-permit, and faster-to-market battery materials production solutions worldwide. Nano One has received funding from the Government of Canada, the Government of the United States, the Government of Québec, and the Government of British Columbia. For more information, please visit www.nanoone.ca.Company Contact:

NRCan Awards Nano One $3M To Support LFP Cathode Material Supply Chain InitiativeMarch 3, 2026 1:40 PM
ACCESS NewswireHighlights$3M in funding from NRCan's Energy Innovation Program.Funds ongoing development, process optimization and scaled-up production of LFP cathode materials utilizing a range of iron input sources.Supports work that is building on existing efficiencies and cost competitiveness of Nano One technology, as well as economic regionalization and supply chain resilience.Strategic shareholder Sumitomo Metal Mining will be partnering on development and validation. VANCOUVER, BC / ACCESS Newswire / March 3, 2026 / Nano One® Materials Corp. (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB) ("Nano One" or the "Company"), a process technology company specializing in cathode active materials for lithium-ion batteries, is pleased to announce that the Company has been awarded $3 million from Natural Resources Canada ("NRCan"). The funds will support ongoing process optimization, supply chain diversification and enhanced commercial offerings for the One-PotTM production of lithium iron phosphate ("LFP") cathode active materials ("CAM"), through to March 31, 2028."We are very grateful to NRCan and the Government of Canada for their continued support," said CEO Dan Blondal. "These funds support us as we bring cost competitive and scalable LFP processing technology alternatives to markets, strategic partners and customers around the world, and they help us enhance our commercial offerings and supply chain solutions."The funds will be directed towards process technology optimization, economic regionalization and diversification of raw material supply. The process development work will be specifically focused on iron feedstock, leveraging the Nano One R&D facility in Burnaby, British Columbia and its pilot and demonstration facilities in Candiac, Québec. Strategic shareholder Sumitomo Metal Mining Co. Ltd. ("Sumitomo Metal Mining") will contribute technical expertise, testing and external validation for the development program.LFP is a key cathode active material utilized in lithium battery systems, which are being deployed in grid decarbonization, defence, electric vehicle and data center applications. Access to iron feedstock is critical to the global diversification, growth and resilience of LFP supply chains. As highlighted by the International Energy Agency1, 98% of LFP cathode materials are sourced from China, with iron phosphate ("FP") precursor production that relies mainly on a unique supply of low-cost and high-volume iron sulphate feedstock.The Company's patented One-Pot process enables cost competitive input of alternative iron feedstock that can be sourced in various jurisdictions around the world, eliminating the need to source FP precursor materials while enabling diversification of LFP supply chains. The technology is being optimized for the commercial production of LFP across three core market application segments-Defence & National Security, Energy Storage Systems and Electric Vehicles-to meet a range of economic, performance and supply chain requirements."We're building a stronger, more productive, and increasingly prosperous Canada by supporting companies like Nano One that innovate here at home. This project will help scale up the production of battery materials and drive innovation in clean technologies vital to a lower-carbon future. With this investment, we are strengthening our supply chains and bolstering Canada's economy, security, and sustainability," said the Honourable Tim Hodgson, Minister of Energy and Natural Resources.1 International Energy Agency (IEA), "Global Critical Minerals Outlook 2025", p. 218 for Nano One Reference, p. 216 for Iron Sulphate Reference. https://www.iea.org/reports/global-critical-minerals-outlook-2025###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:

Nano One Announces Executive Leadership AppointmentsFebruary 17, 2026 3:05 AM
ACCESS NewswireHighlights:Leadership is well positioned for the next phase of company growth and objectives.Alex Holmes named President and Chief Strategy Officer, leveraging extensive capital markets and corporate leadership experience.Denis Geoffroy becomes Chief Operating Officer and will focus on streamlining the path to commercialization, building on decades of leadership in the battery materials sector. VANCOUVER, BC / ACCESS Newswire / February 17, 2026 / (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB) Nano One Materials Corp. ("Nano One" or the "Company"), a process technology company specializing in lithium-ion battery cathode active materials, announces executive leadership appointments effective February 17, 2026, intended to support the Company's strategic, financial, operational and commercial objectives as it advances towards commercialization."On behalf of the Board, we have observed the leadership and execution capabilities that Alex and Denis bring to Nano One," said Anthony Tse, Chair of Nano One. "Alex has been instrumental in leading and advancing the Company's strategic initiatives, as well as developing partnerships that support the validation and commercialization of Nano One's technology. Denis has demonstrated consistent operational leadership and technical expertise in driving Nano One towards manufacturing and engineering readiness. The Board sees this leadership structure helping the Company position itself well for the next phase of growth and development.""As Nano One progresses toward commercialization, disciplined execution and alignment across strategy and operations remain important," said Dan Blondal, Chief Executive Officer of Nano One. "Alex has been a driving force in the development of strategic partnerships, operational capabilities and commercial engagement. Denis' knowledge of the sector and his leadership in operations, engineering, manufacturing and health & safety has been central to advancing the Company's production capabilities, customer qualification activities and commercial readiness. Together, we believe these appointments will further leverage their expertise and experience to support Nano One's near- and medium-term objectives."Alex has been appointed President and Chief Strategy Officer, recognizing his leadership as Chief Operating Officer since 2021, during which time he supported the development of the operational and commercial foundations required to advance Nano One's technology. During this period, Alex led efforts related to strategic partnerships, including those with Rio Tinto and Sumitomo Metal Mining, Business Development and Capital Projects functions. Alex also played a pivotal role supporting government program funding initiatives led by Adam Johnson, Senior Vice President, External Affairs, which resulted in awards that exceed $45 million.In his role as President and Chief Strategy Officer, Alex will be responsible for strategic partnerships, capital markets activities, corporate development and advancing customer engagements toward commercial outcomes.Alex draws on nearly 25 years of experience in capital markets and corporate leadership. He spent approximately ten years in investment banking, during which time he raised over $4 billion for critical minerals projects and completed more than $1 billion in merger and acquisition transactions. He subsequently held senior executive roles at several public companies where he focused on team development, corporate financing and the advancement of critical minerals projects. During this period, Alex led and exited three critical minerals companies and cofounded and led a technology company-an emerging high-growth SaaS enterprise generating more than $20 million in annual revenue-where he also currently serves on the Board of Directors.Denis has been appointed Chief Operating Officer, recognizing his leadership as Chief Commercialization Officer since 2022, where he had a key role in the acquisition of the Candiac facility. He subsequently oversaw the conversion of the Candiac facility to the One-PotTM process while also managing team integration and the scale-up of cathode materials from lab to commercial reality. Denis will continue to support customer acquisition, engineering scale-up, strategy and technology solutions, as well as commercialization, production and licensing activities.Denis has more than 30 years of experience in lithium battery materials and manufacturing. He is a chemical engineer by training and an experienced plant operator. Under his leadership, the Candiac plant-at the time North America's only commercial lithium iron phosphate (LFP) facility-was constructed and operated for nearly a decade. Denis was previously a key member of Phostech Lithium, which in 2002 became the first licensee of LiFePO4 cathode material technology. In 2006, it was the first company globally to commercialize LFP as a cathode active material. Phostech Lithium and its successor companies have supplied tier-1 lithium-ion battery cell manufacturers for more than 15 years.####About Nano OneNano 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 by-products 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:

Well it's been a while....DB and co. have been busy. Should see some powder shortly...Q2??? Gettin close.

Nano One and BASF enter into a Joint Development Agreement for Lithium-ion Battery Materials
May 31, 2022


version en Français

Vancouver, Canada (TSX: NANO) (OTC: NNOMF) (Frankfurt: LBMB)

• Evaluation of Nano One’s patented M2CAM®One-Pot process for BASF’s next-generation cathode active materials.
• Multi-phase agreement includes detailed commercialization study for pre-pilot, pilot and scaled up production.

Nano One® Materials Corp. (Nano One), a clean technology innovator in battery materials, and BASF SE (BASF), a globally active chemical company with extensive experience in the development and manufacture of battery materials, today announce they have signed a joint development agreement (JDA). Under the JDA, the companies will co-develop a process with reduced by-products for commercial production of next-generation cathode active materials (CAM), based on BASF’s HEDTM-family of advanced CAM and using Nano One’s patented One-Pot process and metal direct to CAM (M2CAM®) technologies.

BASF has a family of CAM products well-suited to the evolving requirements of batteries in automotive drivetrains and a proven track record of developing these products in collaboration with others. Nano One and BASF will also use the M2CAM®process for higher flexibility in terms of manufacturing approach and resulting product performance, reduced energy consumption and environmental footprint.

The joint development plan has various phases and stage gates and is the result of evaluating Nano One’s processes and products. The signing of the JDA represents a significant milestone in the business relationship between BASF and Nano One.

Dan Blondal, Nano One CEO, said: “BASF is a global leader in chemistry and high performance lithium-ion battery cathode materials, and we are proud to be forging new ground with them to improve performance, cost and environmental footprint for CAM production. There is a tremendous opportunity to jointly differentiate the production processes and products for a more resilient and sustainable supply chain. We look forward to advancing this partnership.”

Dr. Heiko Urtel, Vice President Global R&D Battery Materials, BASF SE, added, “Nano One has an advanced technology with the potential to improve the product performance of our high-performance cathode active materials and to further simplify the synthesis of battery materials . We are looking forward to building a collaborative working relationship and advancing the business opportunities for our next-generation cathode active materials.”

###

About Nano One®

Nano One Materials Corp (Nano One) is a clean technology company with a patented, scalable and low carbon intensity industrial process for the low-cost production of high-performance lithium-ion battery cathode materials. The technology is applicable to electric vehicle, energy storage, consumer electronic and next generation batteries in the global push for a zero-emission future. Nano One’s One-Pot process, its coated nanocrystal materials and its Metal to Cathode Active Material (M2CAM®) technologies address fundamental performance needs and supply chain constraints while reducing costs and carbon footprint. Nano One has received funding from various government programs and the current “Scaling of Advanced Battery Materials Project” is supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of the Province of British Columbia. For more information, please visit www.nanoone.ca

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com

Company Contact:

Nano One Contact:
Paul Guedes
info@nanoone.ca
(604) 420-2041

Media Contact:
Chelsea Nolan
Antenna Group for Nano One
nanoone@antennagroup.com
(646) 854-8721

BASF:
Sophie Lyu
Global Communication Battery Materials
sophie.lyu@basf.com
+86 185 2157 3186

Certain information contained herein may constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking information in this news release includes, but is not limited to, statements with respect to: results of the JDA and status of the partnership with BASF, future projects that may be put into place, the execution of the Company’s plans which are contingent on collaboration, support and awards and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of terminology such as ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’, ‘target’, ‘goal’, ‘potential’ or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made are not, and cannot be, a guarantee of future results or events. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: results of the JDA and status of the partnership with BASF, future projects that may be put into place, the execution of the Company’s plans which are contingent on such support and awards and the commercialization of the Company’s technology and patents and other risk factors as identified in Nano One’s MD&A and its Annual Information Form dated March 28, 2022, both for the year ended December 31, 2021, and in recent securities filings for the Companies which are available at www.sedar.com. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake any obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.


https://nanoone.ca/news/news-releases/nano-one-and-basf-enter-into-a-joint-development-agreement-for-lithium-ion-battery-materials/

Progress update and 1st Qtr results!

https://www.yahoo.com/now/nano-one-provides-quarterly-progress-070500326.html

Dear John letter...Finally a chance for real revenue!

Earnings from this public company may finally commence.
Endless research without revenue has no place within business.
Further useless personnel in this company also needs to happen soon.

Time to turn the corner on past fantasy and at least ACT like a going concern.

Eight Capital cut target to $6.00...Credibility crisis continues!

Management incompetence; even lacks knowledge of current players.
Endless research and grants are no substitute for putting product into use.

Public companies need real sales/licensing revenues, not college-boy hype.
Time to enlist capable management that can actually provide results.
Send current loser/dreamers chasing next-new-thing packing.

3rd quarter results with update!

https://themarketherald.ca/nano-one-provides-quarterly-progress-update-and-reports-q3-2021-results-2021-11-11/

China, technology and another rabbit hole... Imagine that!

"Nano One is shifting its LFP strategic direction to large emerging markets outside of China, starting in North America, and has ceased joint development activities with Pulead Technology Industry."

https://finance.yahoo.com/news/nano-one-builds-cop26-shifts-080500219.html

NANO technology real world use remains absent!

Grants, raising money and endless research remains excellent.
They remain on a currently unknown collusion course.

nice

Article spotlight on NANO process/progress!

https://www.forbes.com/sites/davidblackmon/2021/06/27/one-company-could-hold-the-key-to-unlocking-critical-mineral-supply-chains/?sh=1ca6eb150a65

New NANO ticker in place. Thanks IH!

TSX:NANO
They graduated to Toronto. How do we get IH to change the listing?

Good product promotion summary!

https://stockstreetnews.com/battery-metal-demand/?utm_source=yahoo&utm_medium=native&utm_campaign=Yahoo-Native_Metal_SSN-LP-battery-metal-demand_audience-All-Users_c_CA-US_M-F_303042_{campaign_id}&utm_content=Metal_SSN-LP-battery-metal-demand

Good product promotion summary!

https://stockstreetnews.com/battery-metal-demand/?utm_source=yahoo&utm_medium=native&utm_campaign=Yahoo-Native_Metal_SSN-LP-battery-metal-demand_audience-All-Users_c_CA-US_M-F_303042_{campaign_id}&utm_content=Metal_SSN-LP-battery-metal-demand

Added shares on off-chance they finally license/sell something!

Looks like the share price is ready to move up another level soon.
Hope all the money they have been raising was well spent.


$4.23

Thanks Dick








https://investorintel.com/markets/cleantech/cleantech-news/nano-one-enters-into-a-cathode-evaluation-agreement-with-major-global-automotive-company/

Nano One has entered into cathode evaluation/benchmark agreement!

https://investorintel.com/markets/cleantech/cleantech-news/nano-one-enters-into-a-cathode-evaluation-agreement-with-major-global-automotive-company/

Such a strong chart spells.....


Multi-bagger




Also




Wow.....3 golden crosses - Even on a 10 day !.....LOVE this stock !







This from Last week - Broke out of a swell Pennant being formed here

They've raised enough money...And money goes to money!

Market action seems willing...
Any sort of deal pulls the trigger.

NEWS: More Discounted Shares and Even More Dilution!

Lots of hype attempts, freewheeling comparison, attempting validity.
But no customers actually buying/selling/using the product as in normal sales.

Casino odds remain in play, while someday-sales, licensing remain but a distant dream.

https://ih.advfn.com/stock-market/TSXV/NNO/stock-news/81681677/nano-one-increases-private-placement-to-up-to-10

Up 33% in last half hour in Canada today.

https://cutt.ly/8rcnw7C

trading action is weird today

NEWS of dreaded dilution released to public!

https://finance.yahoo.com/news/nano-one-announces-launch-early-070500262.html

Global Automotive Company Issues Purchase Order to Nano One

(TSX-V: NNO) (OTC-Nasdaq Intl Designation: NNOMF) (Frankfurt: LBMB). Nano One’s CEO, Mr. Dan Blondal, is pleased to announce that Nano One has entered into an agreement and has received a purchase order in the amount of CDN$550,000 from a Global OEM (Original Equipment Manufacturer) to jointly evaluate processes and innovative cathode materials for high energy density lithium ion batteries in automotive applications.

“The goal of this collaboration is to improve the stability and durability of nickel rich cathode materials for electric vehicle applications,” said Ms. Hamutal Ben Bassat, Nano One’s VP of Business Development. “This agreement formalizes efforts that began in 2018 and aligns Nano One with a major automotive strategic to identify and commercialize a new generation of lithium ion cathodes and batteries. Project details and commercial terms are confidential.”

Within the project, materials made with Nano One’s proprietary processes will be evaluated under automotive testing conditions with the goal of identifying the most promising processes and material formulations, and exploring future opportunities to advance these technologies through to commercialization.

“Our project partner is a global leader in innovation and commercialization of cutting edge technologies,” said Mr. Blondal. “We are very excited to be working with a company in the forefront of the electric vehicle revolution. Their knowledge in the field and application of innovative battery materials is complementary to our processing technology and scale up expertise. We continue to execute on our business plan and this project adds to our current efforts with other strategic interests in the lithium ion battery supply chain.”

Nano One Materials Corp.
Dan Blondal, CEO
For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 420-2041 or visit the website at www.nanoone.ca.
About Nano One
Nano One Materials Corp (“Nano One” or “the Company”) has developed patented technology for the low-cost production of high performance lithium ion battery cathode materials used in electric vehicles, energy storage and consumer electronics. The processing technology enables lower cost feedstocks, simplifies production and advances performance for a wide range of cathode materials. Nano One has built a demonstration pilot plant and is partnering with global leaders in the lithium ion battery supply chain, to advance its NMC, LFP and LMN cathode technologies for large growth opportunities in e-mobility and renewable energy storage applications.

Nano One’s pilot and partnership activities are being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program (ASIP) a program of Innovation, Science and Economic Development Canada ISED). Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of battery materials. www.nanoone.ca

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, the execution of the Company’s plans which are contingent on the receipt of grant monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the ability of the Company to obtain additional financing; including the receipt of grant monies from SDTC, ASIP, NRC-IRAP and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

Nano One Approved for $5 Million Funding
from Sustainable Development Technology Canada

Vancouver, Canada - May 31, 2019 - (TSX-V: NNO) (OTC-Nasdaq Intl Designation: NNOMF) (Frankfurt: LBMB). Nano One CEO, Mr. Dan Blondal, is pleased to announce that Nano One has been approved for $5 million from Sustainable Development Technology Canada (“SDTC”) to support Nano One’s “Scaling Advanced Battery Materials” project.

“This project will support scale up activities with industrial partners and collaborators,” said Mr. Blondal, “and we are thrilled to have SDTC’s approval. Nano One’s project proposal to SDTC involves five multinational manufacturers and European automakers contributing at various stages of research, development, piloting and commercialization. We are currently finalizing the terms of the project financing agreement.”

SDTC is an independent federal foundation that funds companies with the potential to transform the environmental and economic prosperity of Canada. SDTC’s support and championing of Canadian entrepreneurs – in the form of funding, knowledge and ecosystem connectivity – makes a difference in today’s hyper-competitive global market for clean technologies. By taking a pan-Canadian approach, in partnership with the best peers and experts, SDTC is the benchmark for sustainable development innovation programming globally.

“As communicated previously,” Mr. Blondal added, “Nano One is engaged with Pulead Technology and Saint-Gobain and we are pleased to announce that Volkswagen Group Research will join our consortium as a project contributor. Details on the other two project contributors remain confidential. We are inspired to be working with such accomplished global leaders and look forward to accelerating our activities with the support of SDTC.”

The SDTC proceeds will be non-dilutive and non-repayable and they will be directed at the expansion of Nano One’s business and technical activities with its partners. The goals are to expand the laboratory, pilot plant and staffing to support the advancement of next generation lithium ion battery cathode materials, used in electric vehicles and renewable energy storage. Nano One is jointly developing industrial scale processes with its partners for the commercial production of these materials.

Leah Lawrence, President and CEO of SDTC, said “to lower greenhouse gas emissions, we must make it easier for Canadians to adopt new clean technologies. Nano One is leading that change through its low-cost production of high performance lithium ion battery materials, which are broadly used in electric vehicles, energy storage and consumer electronics.”

“SDTC is globally recognized for their expertise in cleantech investment. They have a competitive selection process and they have performed rigorous due diligence of the Nano One consortium application” said Mr. Blondal. “As this will be Nano One’s second round of SDTC support, it represents a strong endorsement of Nano One’s track record and strategic relationships. Nano One has recently completed the SDTC funded Demonstration Pilot Plant Project and we are honoured to have earned SDTC’s confidence for renewed support toward these partnership and growth activities.”

Nano One Materials Corp.
Dan Blondal, CEO

For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 420-2041 or visit the website at www.nanoone.ca.

About Pulead
Established in 1999 by Oriental Investment Co. Ltd and Peking University, Pulead Technology Industry is one of China’s leading Li-ion battery cathode producers. Together with its strategically positioned subsidiaries and JVs in cathodes and separators as well as in upstream lithium resources and downstream large format battery packs, Pulead is becoming a key player in the Li-ion battery supply chain. www.pulead.com.cn/en/

About Saint-Gobain
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications. They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change. Saint-Gobain recorded €41.8 billion in sales in 2018, is operating in 67 countries and has more than 180,000 employees. To learn more about Saint-Gobain go to www.saint-gobain.com and follow on Twitter @saintgobain

About Volkswagen
The Volkswagen Group with its headquarters in Wolfsburg is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. The Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. Each brand has its own character and operates as an independent entity on the market. The product spectrum ranges from motorcycles to small cars and luxury vehicles. In the commercial vehicle sector, the products include ranges from pick-ups, buses and heavy trucks. The Group operates 120 production plants in 20 European countries and a further 11 countries in the Americas, Asia and Africa. Every weekday, around 642,292 employees worldwide produce nearly 44,170 vehicles, and work in vehicle-related services or other fields of business. The Volkswagen Group sells its vehicles in 153 countries. With its “TOGETHER – Strategy 2025" future program, the Volkswagen Group is paving the way for the biggest change process in its history: the realignment of one of the best carmakers to become a globally leading provider of sustainable mobility. www.volkswagenag.com.

About SDTC
SDTC is a flagship program, and our funding of Canadian entrepreneurs has created jobs, growth, and long-term prosperity for Canada. SDTC is a lean organization with a big impact. Since its inception, SDTC has invested over $1 billion in more than 300 companies, creating 12,000 jobs. Our companies have reduced greenhouse gas emissions by an estimated 13.8 megatonnes annually. SDTC’s efforts have been focused on small- and medium-sized enterprises, recognizing that this is where we can make the biggest impact. Our funding gives companies the critical boost they need to advance their projects in the challenging stages of pre-commercial development and demonstration. For more information, please visit sdtc.ca

About Nano One
Nano One Materials Corp (“Nano One” or “the Company”) has developed patented technology and pilot scale demonstration for the low-cost production of high performance lithium ion battery cathode materials used in electric vehicles, energy storage and consumer electronics. The processing technology enables lower cost feedstocks, simplifies production and advances performance for a wide range of cathode materials. Nano One has built a demonstration pilot plant and is partnering with global leaders in the lithium ion battery supply chain, to advance its NMC, LFP and LMN cathode technologies for large growth opportunities in e-mobility and renewable energy storage applications.

Nano One’s pilot and partnership activities are being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program (ASIP) a program of Innovation, Science and Economic Development Canada ISED. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). www.nanoone.ca

I like it!

Money will decide the issue.

And China will prevail!

Money talks.

Electric rules.

To the Victor in competition goes the spoils.

This is good news. Unfortunately with relations between Canada and china isn't the best. people are wary of investing in Canadian company doing business with China. Otherwise there would have been a bigger price pop. IMO

https://nanoone.ca/nano-one-signs-a-joint-development-agreement-with-chinese-cathode-producer-pulead-technology-industry/

SEDAR is closed for maintenance today but open tomorow:

https://www.sedar.com/search/search_en.htm
https://www.sedar.com/search/search_form_pc_en.htm

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00006073

Nano One + Saint-Gobain:

https://www.siliconinvestor.com/readmsg.aspx?msgid=31986568

Stock is halted news coming

Nano One Inks Deal With Materials Giant Saint-Gobain!

Score one for Vancouver cleantech firm Nano One Materials (Nano One Stock Quote, Chart TSXV:NNO).

Nano One, which has been perfecting a way to counter the supply strain of lithium that is used in electric car batteries by combining materials at the atomic level instead of the industry standard practice of mechanically melting, grinding and milling materials, has won a powerful ally.

French multinational Saint-Gobain, whose revenue tops 40-billion euros, today announced a Joint Development agreement with Nano One. The pair will work on enhancing high temperature processing of Nano One’s lithium ion battery materials.

“Saint-Gobain has a rich history in innovation and collaboration,” Nano One’s VP of Business Development Ms. Ben Bassat said. “and we are delighted to be working with a global leader in materials and sustainable solutions. Their materials are complementary to our processing technology and this agreement adds to our current efforts with other strategic interests in the lithium ion battery supply chain.”
Saint-Gobain hints that it is looking to become a global leader in the battery space.

“Innovation for a sustainable future is at the core of both companies and our combined know-how has the potential to put us at the forefront of transformative energy storage solutions,” Mr. Natesh Krishnan, Worldwide Commercial Director for Saint-Gobain said. “We look forward to working in close collaboration with Nano One.”


https://www.cantechletter.com/2018/12/vancouvers-nano-one-inks-deal-with-french-materials-giant-saint-gobain/

https://nanoone.ca/nano-one-signs-a-joint-development-agreement-with-saint-gobain/

Plans for new EV battery production in Europe!

(Reuters) - Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters.
The measures, expected to be announced by Economy Minister Peter Altmaier next week, are designed to reduce the dependence of German carmakers on Asian battery suppliers and protect German jobs at risk from the shift away from combustion engines.
Below are details of plans to establish electric vehicle (EV) battery plants in Europe:

NORTHVOLT
The Swedish company, headed by a former Tesla executive, aims to build Europe's biggest lithium-ion battery factory, producing 32 gigawatt hours (GWh) of battery cells a year by 2023, rivalling Tesla's U.S. "gigafactory".
It has partnered with German carmaker BMW ahead of plans to raise 1.5 billion euros in debt and equity to build an initial 8 GWh of capacity and has asked for a 400 million euro loan from the European Investment Bank.
German industrial giant Siemens is helping to build the factory. Northvolt will become its preferred supplier for lithium-ion batteries when production starts in 2020.
Northvolt is also planning a factory in Poland to produce battery systems for energy storage companies and the mining industry. The plant in Gdansk would take cells from the Swedish factory and use them to develop battery systems or modules.
A Northvolt spokesman said the company was not involved in talks to forge a German-led consortium, but he said Northvolt would welcome more alliances in Europe.

TESLA
U.S. electric carmaker Tesla favours Germany as the location for its first European gigafactory, its chief executive Elon Musk said in July.
Tesla already has operations in Pruem, Germany, with its Grohmann Automation division that specialises in automated manufacturing systems for battery making plants.
Tesla has said it plans to build three more gigafactories to accompany its first in Nevada, United States. That plant is jointly owned by Panasonic, which is the exclusive battery cell supplier for Tesla's mass-market Model 3 sedan.

CATL
China's Contemporary Amperex Technology Co (CATL) said in July it would build its first production site in Europe in Germany and the plant would supply carmaker BMW with lithium-ion batteries.
BMW plans to source 4 billion euros of battery cells from CATL over the next few years, with 1.5 billion euros coming from the new site in Erfurt in eastern Germany.
The CATL factory will create about 600 jobs and reach a production capacity of 14 gigawatt hours (GWh) by 2022. CATL had shipments of 12 GWh in 2017.

BYD
Chinese electric vehicle maker BYD is one of the world's biggest battery producers with the lowest production costs, according to Bernstein Research.
BYD is considering cell production in Europe, an executive told Reuters earlier this year, adding it was not clear where it might be located. The company has two production sites for electric buses in Europe, in Hungary and France.

LG CHEM
South Korea's LG Chem plans to produce 100,000 EV batteries per year at its new Polish factory near the western city of Wroclaw, 190 km (120 miles) from the German border.
The LG Chem plant supplies batteries to German carmakers Audi, Porsche and Daimler. It has also secured a contract to supply batteries for Germany's Volkswagen starting in late 2019.
The factory's planned output of 100,000 battery cells is equivalent to roughly 4 GWh per year which means the plant's capacity is just a fraction of expected future demand in Europe.

GSR CAPITAL http://www.gsrcapital.com/en
Chinese investment firm GSR Capital last year bought Nissan Motor Co's electric vehicle battery business - Automotive Energy Supply Corp - including battery plants in Japan, the U.S. state of Tennessee and England.
The UK plant produces 2 GWh of lithium ion batteries per year for Nissan electric vehicles.

GS YUASA
Japanese battery maker GS Yuasa Corp said in January it would set up a factory in Hungary that would assemble lithium ion batteries and would consider producing cells on the site in the future.

SAMSUNG SDI
South Korea's Samsung SDI Co started production at a new factory near Budapest this year that is expected to produce batteries for 50,000 electric vehicles a year.

Samsung SDI, an affiliate of Samsung Electronics Co Ltd, also produces rechargeable batteries for electronic devices such as smartphones and energy storage systems.
Samsung SDI, which already has a plant in Austria assembling battery packs, has supplied batteries to Volkswagen and BMW.

SK INNOVATION
South Korea's SK Innovation plans to break ground this year on a battery plant in Hungary and launch production from 2020, producing 7.5 GWh of batteries per year.
SK Innovation started as Korea Oil Corporation and owns South Korea's largest crude oil refiner. It also has divisions for chemicals, lubricants, batteries and electronic materials.

SAFT
France's Saft, owned by energy company Total produces a range of batteries, including for back-up power and industrial applications, but not for electric vehicles.
In February, it created an alliance with German industrial group Siemens, Solvay and Manz to develop a new generation of batteries.
The group will focus on advanced high-density lithium-ion and solid-state technology, targeting the market for electric vehicles, railway, marine sectors, among others.
A Saft spokesman said the company was not participating in Germany's e-mobility summit on Nov. 12-13 and that Saft was not aware of another multinational battery cell alliance.

TERRAE
The German-based consortium of 17 companies and research institutions announced plans last year to build two foundries, where lithium-ion battery cells are produced to customers' specifications. It said its two planned factories would have a capacity of 34 GWh by 2028, which would top Northvolt's plans.
But the consortium has run into liquidity problems as companies shied away from investing, industry sources told Reuters. So the future of TerraE remains unclear.
A spokesman of TerraE did not respond when asked by Reuters to give an update of its battery cell plans.

VOLKSWAGEN
Volkswagen's supervisory board is due to discuss its electric car and battery cell strategy at a meeting on Nov. 16. The German carmaker has said in the past that it was studying battery cell production at its plant in Salzgitter.
A source told Reuters on Thursday that the board would discuss a far-reaching alliance with South Korean battery cell maker SK Innovation.

BMW
BMW is establishing a technology consortium with Northvolt and Belgium's Umicore to develop a value chain for battery cells in Europe, including development, production and, ultimately, recycling.
The company has also said it will purchase specific raw materials such as cobalt, and then make them available to battery cell suppliers as a way to secure a supply of electric car batteries.

DAIMLER
Daimler said it would add battery manufacturing capabilities to its Mercedes-Benz plants in Sindelfingen and Untertuerkheim in the southern state of Baden-Wuerttemberg.
The company is already assembling batteries in its Kamenz plant in the eastern state of Saxony, but the factory relies on imported battery cells.

CONTINENTAL
German auto parts and tyre maker Continental AG formed a joint venture in March with Chinese auto parts supplier CITC to produce so-called mild hybrid batteries in China.
Continental also said it was considering making EV batteries using solid-state technology, but for was holding out for now until more advances have been made in the field.

(Reporting by Michael Nienaber in Berlin, Ed Taylor in Frankfurt, Jan C. Schwartz in Hamburg, Esha Vaish in Stockholm, Bate Felix in Paris; editing by David Clarke)


https://finance.yahoo.com/news/factbox-plans-electric-vehicle-battery-071139484.html