NEO Battery Materials Ltd
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in mil. unless spec.Company Description
- CEO
- Sung Bum Huh
- Full Time Employees
- 4
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 4711 Yonge Street Toronto ON Canada M2N 6K8
- IPO Date
- May 4, 2006
- Website
- neobatterymaterials.com
- Similar Companies
- Business
- NEO Battery Materials Ltd. is a Canadian company specializing in the development and manufacturing of silicon-enhanced lithium-ion battery materials. The company’s core products include silicon anode materials produced via a proprietary one-step nanocoating manufacturing process that uses polymer and carbon nanomaterials to address silicon’s volume expansion during charging. Their product lines include silicon nanoparticles and metallurgical-grade silicon microparticles, branded NBMSiDE-P100, NBMSiDE-P200, NBMSiDE-P300, and NBMSiDE-P300N, designed for use in drones, unmanned aerial vehicles (UAV), robotics, consumer electronics, AI data center energy storage, and electric vehicles. NEO Battery Materials aims to increase battery energy density, enable ultra-fast charging, and reduce manufacturing costs with a low-temperature, low-pressure coating process. Recent major developments include the acquisition and increased ownership stakes in subsidiaries such as NBM Korea Co., Ltd., and the signing of a multi-year offtake and joint development agreement with drone manufacturers in North America and Asia, committing to significant volumes of silicon anode material over several years starting in 2026. The company has also secured purchase orders totaling several million Canadian dollars from UAV and defense-related customers and announced strategic partnerships with venture capital-backed startups focusing on high-performance lithium-ion battery technologies. Additionally, NEO Battery Materials entered into a 49-year lease agreement for a manufacturing facility near Windsor Airport to support expanded production capacity, aiming to scale from 20 tons to 240 tons annually. Founded in 2017 and headquartered in Toronto, Ontario, NEO Battery Materials operates primarily in Canada, South Korea, and active markets across Asia-Pacific regions. The company targets industrial clients in drone manufacturing, defense, electronics, robotics, and energy storage sectors. Its business segments include battery material development, supply chain solutions for advanced lithium-ion batteries, and manufacturing of customized battery cells using its proprietary silicon anode technology. NEO Battery Materials focuses on developing a resilient North American supply chain alongside its global operations. This comprehensive focus on silicon anode technology and strategic operational expansions positions NEO Battery Materials Ltd. as an innovative player in the lithium-ion battery market, delivering advanced materials tailored to enhance performance for emerging electronics and mobility applications while securing growth through partnerships and facility investments.
Company News
NEO Battery Signs Multi-Year Offtake Agreement for Silicon Battery Materials with North American Drone & UAS Battery Company
NEO Battery Closes Upsized Non-Brokered Private Placement Offering of $5.5 Million
NEO Battery Materials Upsizes Private Placement to $5.5 Million & Appoints Korean Admiral and Major General to Strengthen Defense-Related Capabilities
NEO Battery Enters into LOI for Operational Battery Component Manufacturing Facility Lease and Announces Non-Brokered Private Placement Offering
NEO Battery Secures $4.5 Million Purchase Order for High-Performance Silicon Battery Solutions from Asian Drone Manufacturer
NEO Battery Materials Initiates Defence & Industrial Drone Battery Cell Development Program for High-Performance Solutions
NEO Battery Materials Receives Notice of Allowance for Patents on Silicon Battery for Drone and Defence-Tech Applications
NEO Battery Materials Closes Final Tranche of Oversubscribed Private Placement
NEO Battery Appoints Battery Gigafactory Production Veteran, Seok Joung Youn, as Head of Manufacturing & Facility Operations
NEO Battery Materials Announces Closing of First Tranche of Private Placement
NEO Battery's Silicon Battery Outperforms in Long-Term Capacity Performance & Prepares for Large-Scale Battery Testing
NEO Battery Materials Appoints Dr. Matthew Dawson, CEO of Elementium Materials, as Senior Scientific Advisor
NEO Battery Materials Appoints Kenneth Hoffman, Distinguished Battery Industry Leader and Former McKinsey's Global Head of Battery Materials, as New Director
NEO Battery Showcases Mass-Producible Silicon Battery Prototype with Highest Capacity Retention Achieved to Date
NEO Battery Materials Grants Incentive Stock Options
Driving Ahead With The EV Battery Story
NEO Battery Materials and Rockwell Automation to Collaborate on Automation of Windsor Silicon Anode Manufacturing Plant
NEO Battery Materials Scaling-Up Production to 20 Tons Per Year for Mass-Producibility Testing
Ramping up for Future Growth in the EV Market - Batteries Play a Key Role
NEO Battery Materials to Establish Canada's First Silicon Anode Facility on 8 Acres in Windsor, Ontario