NEO Battery Materials Ltd.
Other OTCCapital Structure
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in mil. unless spec.- CEO
- Sungbum Huh
- Full Time Employees
- 4
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 838 West Hastings Street Toronto ON Canada V6C 0A6
- IPO Date
- Oct 19, 2009
- Website
- neobatterymaterials.com
- Similar Companies
- Business
- NEO Battery Materials Ltd. (TSXV:NBM; OTC:NBMFF) is a Canadian battery materials technology company that develops and manufactures silicon anode materials for high-performance lithium-ion batteries used in electric vehicles, drones, unmanned aerial vehicles (UAVs), robotics, consumer electronics, AI data center energy storage systems, and other battery-powered applications. The company offers proprietary NBMSiDE silicon anode products, including NBMSiDE-P100, NBMSiDE-P200, NBMSiDE-P300, and NBMSiDE-P300N, produced via a patent-protected, low-cost, one-step nanocoating process applied to silicon nanoparticles and metallurgical-grade silicon microparticles; this technology addresses silicon volume expansion issues to deliver higher energy density, ultra-fast charging, improved cycle life, and compatibility with liquid carbonate electrolytes. Founded in 2006 and headquartered in Toronto, Ontario, NEO operates development and production facilities in Canada and South Korea, targeting North American supply chain resilience and global markets including defense, industrial, and energy storage sectors. Recent developments include a November 2025 Joint Product Development Agreement with Nascent Materials Inc. to integrate NEO's silicon anodes with LFP cathode materials for defense drone batteries and AI energy storage; a September 2025 $4.5 million CAD purchase order and Joint Development Agreement with an Asian drone/UAV manufacturer for P-200 combat drone and P-300N surveillance UAV battery products; a new $3 million purchase order from a UCAV manufacturer with an operational facility lease update; closure of a $5 million CAD non-brokered private placement in late 2025 to fund South Korean battery components, cell equipment, and scale-up production to 20 tons per year with expansion to 240 tons; and securing a 3.2-acre expansion site adjacent to its South Korea electrode facility for an integrated Battery Innovation Center.
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