Provided By GlobeNewswire
Last update: Sep 12, 2025
TORONTO, Sept. 12, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery materials and components developer that enables longer-running, rapid-charging batteries, is pleased to receive its first, multi-year purchase order valued at $4.5 million CAD and secure a Joint Development Agreement (“JDA”) for high-performance battery products with an Asian manufacturer specializing in AI-powered mission flight control systems for drones and unmanned aerial vehicles (UAV) (the “Customer”). NEO’s silicon-enhanced battery products will deliver industry-leading capacities, safety-reinforced power output, and overall weight reduction to enhance flight time, payload capacity, and mission operability.
Read more at globenewswire.com