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Nano One to Receive Additional C$4.3M from the Government of Canada to Advance Battery Material Production for Energy Security & Defence
Highlights Nano One to receive an additional C$4.3M from NRCan for feasibility study work ...
About this update from Nano One Materials Corp
[{"type":"text","content":"Nano One to Receive Additional C$4.3M from the Government of Canada to Advance Battery Material Production for Energy Security & DefenceHighlightsNano One to receive an additional C$4.3M from NRCan for feasibility study work and integration of software for production and operationsAdditional grant funding will support expanded scope of NRCan Project previously announced on Oct 29, 2025Enhanced project scope will contribute to commercial objectives in defence, energy storage and automotive sectors VANCOUVER, BC / ACCESS Newswire / April 8, 2026 / Nano One® Materials Corp. (\"Nano One\" or the \"Company\") (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB), a process technology company specializing in cathode active materials for lithium-ion batteries, is pleased to announce an additional C$4.3 million non-repayable contribution from Natural Resources Canada (NRCan) under the Energy Innovation Program. The additional funds will primarily reimburse eligible expenses for the installation of a Distributed Control System (DCS) and a Manufacturing Execution System (MES), as well as ongoing third-party engineering work to advance the Company's 25 ktpa production capacity One-Pot™ plant design.\"Quebec is an essential centre for battery innovation and advanced manufacturing. Projects like this help move new technologies closer to commercialization while reinforcing the province's role in Canada's growing clean technology sector. This is just one example of how Quebec is supporting our country to become a clean energy superpower.\"Claude Guay Parliamentary Secretary to the Minister of Energy and Natural Resources\"Nano One is grateful to the Government of Canada for its ongoing support and increased funding\", said Nano One's COO, Denis Geoffroy. \"The DCS and MES software systems will add agility and precision to the production plant and speed up automotive certification and product traceability. The engineering work is essential to project execution and plant operating efficiencies. This investment strengthens our production and technology licensing offering and supports our path to commercialization. It also continues to build long-term shareholder value and reinforces Nano One's position as a leader in materials processing for Canada.\"Amended Project ScopeThe C$4.3 million contribution from NRCan's Energy Innovation Program supports...