NEO Battery Materials and NBM Korea Enter Definitive Lease Agreement

NEO Battery Materials and NBM Korea enter definitive lease agreement

NEO Battery Materials Ltd., a silicon-enhanced battery developer that manufactures batteries for drones, robotics and electronics, announces that the firm and its South Korean subsidiary, NBM Korea Co., Ltd., have entered into a definitive lease agreement with ENPLUS Co., Ltd., an arm’s length party to lease an operational battery electrode manufacturing facility. This facility represents a step toward NEO’s transition from battery technology de…

NEO Battery and NBM Korea sign lease for battery electrode manufacturing facility

(CNW Group/NEO Battery Materials Ltd.) NEO Battery Materials Ltd., a developer of silicon-enhanced battery materials for drones, robotics and electronics, and its South Korean subsidiary, NBM Korea Co., Ltd., have signed a lease agreement with ENPLUS Co., Ltd., to lease an operational battery electrode manufacturing facility. In a press statement, NEO said the facility will help them move from R&D into production by providing commercial-scale ma…

NEO Battery Materials secures lease for South Korean electrode manufacturing facility

NEO Battery Materials’ (TSXV:NBM) South Korean subsidiary signed a three-year lease for an operational battery electrode manufacturing facility with ENPLUS Co., Ltd., marking a shift from R&D to production Facility provides immediate commercial-scale capability at the MWh level, with plans to double capacity through extended shifts and automation Initial focus on automotive OEMs, with future adaptation for custom silicon-enhanced batteries for d…

NEO Battery Materials and NBM Korea Enters into Definitive Lease Agreement for Operational Battery Electrode Manufacturing Facility

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NEO Battery Materials Ltd. And NBM Korea Enter Into Definitive Lease Agreement For Mfg. Facility

NEO Battery and NBM Korea enter into definitive lease agreement for operational battery electrode manufacturing facility (CNW Group/NEO Battery Materials Ltd.) TORONTO — NEO Battery Materials Ltd., a silicon-enhanced battery developer that manufactures batteries for drones, robotics, and electronics, announces that the Company and its South Korean subsidiary, NBM Korea Co., Ltd., have entered into a definitive lease agreement with ENPLUS Co., Lt…