Nano One Enters into a Joint Development Agreement with a Global Cathode Material Producer
10 8월 2020 - 4:07PM
(TSX-V: NNO) (OTC-Nasdaq Intl Designation: NNOMF)
(Frankfurt: LBMB). Mr. Dan Blondal, CEO of Nano One,
is pleased to announce that Nano One has entered into a Joint
Development Agreement (JDA) with a multi-billion-dollar Asian
cathode material producer. This producer, based outside of China,
wishes to remain unnamed at present due to the highly competitive
state of the lithium ion battery supply chain. The JDA completely
aligns with Nano One’s mission of developing, demonstrating, and
licensing of its high-performance lithium ion battery cathode
material technology.
“We are thrilled to be working with a highly
respected cathode producer who shares Nano One’s vision to develop
and launch a disruptive cathode business,” said Mr. Blondal. “This
is a defining moment in our evolution and an important milestone in
the advancement of our business.”
Under this JDA, the parties will jointly develop and evaluate
cathode materials made with combined technologies, including Nano
One's patented One-Pot process for the production of
high-performance coated single crystal cathode powders. The JDA
also provides a framework to develop a business plan for the
commercialization of these jointly developed materials. The
potential outcomes of the JDA include formation of a joint venture,
licensing of Nano One's technology and or further joint development
work.
Nano One has developed, patented and scaled-up innovative
processes that produce cathode active materials (CAM) for
lithium-ion battery applications in electric vehicles, energy
storage and consumer electronics. The processes are engineered with
a low carbon footprint to form protective coatings on individual
crystals that improve durability and add value while reducing
process steps and cost.
Mr. Blondal added, "We have assembled a valuable portfolio
of cathode technologies and our business strategy is designed for
opportunities such as this. We are excited to be working with a
global leader in innovation and materials manufacturing who share
our vision and we look forward to advancing this partnership and
expanding our business opportunities."
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 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 partnered with global leaders in the lithium ion
battery supply chain to advance its lithium iron phosphate (LFP),
lithium nickel manganese cobalt oxide (NMC) and lithium nickel
manganese oxide (LNM) 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), the Automotive
Supplier Innovation Program (ASIP) a program of Innovation, Science
and Economic Development Canada (ISED), and the Province of British
Columbia through the Ministry of Energy, Mines and Petroleum
Resources. 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
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