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NEO Battery and Established South Korean Manufacturer, NainTech, to Co-Develop Drone & Stationary Energy Storage Batteries
TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Joint Development Agreement with Established Sou...
About this update from Neo Battery Materials Ltd
[{"type":"text","content":"NEO Battery and Established South Korean Manufacturer, NainTech, to Co-Develop Drone & Stationary Energy Storage Batteries\n\n\n\n TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) --\n \n\n\n Joint Development Agreement with Established South Korean Manufacturer, NainTech\n \n\n Specializing in Battery & Fuel Cell Technology and Semiconductor & Display Precision Equipment\n \n\n Tier-1 Battery Value Chain Vendor to LG Energy Solution and Leading Global Battery Manufacturers\n \n\n Listed on Korean Stock Exchange under Code 267320\n \n\n\n\n Commercializing Sodium-Ion Battery Technologies for AI Data Centres and Power Grid Storage\n \n\n Integrating Graphene-Surpassing Nanomaterial, MXene, to Enhance High-Performance Drone/UAS Batteries\n \n\n\n NEO Battery Materials Ltd. (“NEO” or the “Company”) (\n \n T\n \n\n S\n \n\n X\n \n\n V\n \n\n :\n \n\n NBM\n \n ) (\n \n OTC: NBMFF\n \n ), a low-cost, silicon-enhanced battery materials and components developer that enables longer-running, rapid-charging batteries, is pleased to enter into a Joint Development Agreement (“JDA”) with NainTech Co., Ltd. (“NainTech”) (\n \n KRX:267320\n \n ), a South Korean manufacturer specializing in battery & fuel cell technology and semiconductor & display precision equipment. Both parties will co-develop (i) sodium-ion battery technology for energy storage systems (ESS) and (ii) high-performance lithium-ion batteries with MXene additives.\n \n\n Through the JDA, NEO and NainTech will collaborate closely on both drone and stationary energy storage technologies. Sodium-ion batteries (SIB) will be the first development focus for integration in ESS for (i) artificial intelligence (AI) data centres and (ii) power grid storage. SIBs have gained recognition as the\n \n de facto\n \n alternative to lithium-ion batteries for energy storage, benefiting from greater resource availability and lower costs. NEO will support NainTech in developing and manufacturing SIB electrodes and full battery cells, guiding prototype design through to commercial-level deployment.\n \n\n For drone applications, NainTech’s proprietary additives, Titanium-based MXene, will be incorporated into NEO’s silicon anode products and high-performance battery designs to improve electrical conductivity – a cri...