NEO Battery Materials Ltd. Secures Major Contract and Certification
TORONTO, Sept. 17, 2026 /CNW/ — NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), a Canadian-South Korean company focused on battery technology, has announced a significant purchase order agreement valued at CAD 392,000 (USD 280,000) from a North American Fortune 500 automotive OEM customer.
Highlights:
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Secured CAD 392K Purchase Order: This purchase order marks one of the largest contracts in NEO’s foundry manufacturing portfolio, following months of validation of its battery manufacturing capabilities.
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Major Foundry Contract: This contract reflects NEO’s success in resolving process bottlenecks and producing full battery cells according to customer specifications.
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UN 38.3 Certification Received: NEO has also obtained the UN 38.3 certification for its 11.5Ah drone battery, facilitating international shipping to markets including the U.S., Ukraine, Canada, and Europe.
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Increased Customer Pipeline: The company has expanded its customer pipeline across various industries, incorporating proprietary chemistries like 100% silicon, lithium-metal, and sodium-ion batteries.
Future Plans:
Mr. S.J. Youn, Head of Manufacturing & Facility Operations, expressed optimism regarding NEO’s flexible manufacturing model and its ambition to increase production capacity. NEO aims to continue receiving UN certifications for various battery models and convert evaluations into long-term orders.
About NEO Battery Materials Ltd.:
NEO Battery Materials specializes in producing silicon-enhanced lithium-ion batteries primarily for drones, robotics, electric vehicles, and energy storage systems. Their goal is to become a leading supplier of high-performance lithium-ion batteries, ensuring a secure supply chain for Western manufacturers.
For more information, visit NEO Battery Materials.
This announcement also includes forward-looking statements, representing management’s objectives and related risks. The company advises investors to consider these uncertainties, which may impact actual results.
Contact Information:
Spencer Huh
Director, President, and CEO
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