NEO Battery Materials – a developer of low-cost silicon anode materials for longer-running, rapid-charging lithium-ion batteries – has signed a non-exclusive collaboration agreement with NanoRial Technologies, a developer of fully-dispersed carbon nanotubes (CNT) that are capable of improving the conductivity, capacity, and ultra-fast charge rate of batteries.
NEO and NanoRial will collaborate to optimize the stability and performance of NEO’s silicon anode materials, NBMSiDE, by integrating NanoRial’s high-performance CNT products as a robust nanocoating material.
Once the company redomiciles into Ontario, NEO Battery Materials intends to apply to governmental, non-dilutive funding programs jointly with NanoRial to increase business presence and exposure in the Canadian battery supply chain.
The company aims to secure direct funding from the Ontario provincial government, supercluster projects from NGen Manufacturing Canada, and federal programs through the department of Innovation, Science and Economic Development (ISED).
Source:batteryindustry
