Business
Issue of Q2 Newsletter
Gelion plc has published its Q2 2026 newsletter, highlighting significant commercial and strategic progress, including the appointment of a new CEO, Matt Wood, to lead the company's transition to commercial scale-up. Key achievements in the quarter include securing £1.6 million in grant funding for the CoRe-SoLiS project with Nissan Technical Centre Europe and the University of Oxford, an exclusive license agreement with Max-Planck-Innovation GmbH, and collaboration with the National Laboratory of the Rockies to validate its sulfur cathode for U.S. domestic supply chains. The company's proprietary Nano-Encapsulated Sulfur (NES™) technology aims to replace critical minerals in lithium-ion battery cathodes with a low-cost, abundant alternative compatible with existing manufacturing lines. Disclaimer*
About this update from Gelion Plc
13 July 2026 Gelion plc ("Gelion", the "Company" or the "Group") Q2 2026 Newsletter Gelion (AIM: GELN), the sulfur battery company, is pleased to publish its Q2 2026 newsletter, marking a transformative period for Gelion, characterised by significant commercial, strategic and organisational milestones. From expanding relationships with global industry leaders and advancing multiple commercialisation pathways, to positioning the business for accelerated growth under new CEO Matt Wood, Gelion continues to build momentum across its key markets of Japan, the UK, Australia and the United States, and across high-value applications including defence, consumer electronics and electric vehicles. Link to Newsletter: https://gelion.com/news/ Gelion is seeking to replace the critical minerals in current Lithium-ion battery cathodes with Gelion's Nano-Encapsulated Sulfur (NES™) that are low cost and can be dropped into existing global manufacturing lines. Gelion's NES™ is made from sulfur which is abundantly available and free from supply chain constraints. Q2 Highlights include: · Appointed Matt Wood as Chief Executive Officer, marking a leadership transition as the Company moves from technology development to commercial scale-up · Collaboration with National Laboratory of the Rockies (NLR), formerly NREL, to validate Gelion's sulfur cathode for U.S. domestic supply chains · Secured £1.6 million in grant funding as part of the £3.4 million CoRe-SoLiS project, a strategic three-year collaboration with Nissan Technical Centre Europe (NTCE) and the University of Oxford · Secured a significant step forward in its commercialisation strategy through an exclusive licence agreement with Max-Planck-Innovation GmbH · Longspur Capital Limited published an in-depth report on the Company entitled "Cheaper Than China" (available at https://gelion.com/investors/financial-reports-documents-notices/ ) For more information, please visit Next-Generation Sulfur Battery Technologies | Gelion or contact: Gelion plc Matt Wood, CEO Amit Gupta, CFO via Tavistock Strand Hanson Limited (Nominated and Financial Adviser) Christopher Raggett / Rob Patrick / Harry Marshall +44 (0) 20 7409 3494 Oberon Capital (Joint Broker) Nick Lovering / Mike Seabrook / Adam Pollock +44 (0) 20 3179 5300 Allenby Capital Limited (Joint Broker) Jos Pinnington / Lauren Wright (Sales and Corporate Broking) Alex Brearley / Ashur Joseph (Corporate Finance) +44 (0) 20 3328 5656 Tavistock (Financial & Corporate PR) Simon Hudson / Nick Elwes / Rebecca Hislaire / Saskia Sizen +44 20 7920 3150 [email protected] About Gelion Gelion plc, the sulfur battery company is developing next ‑ generation battery technologies that aim to accelerate the clean energy transition by delivering sustainable, high ‑ performance, cost ‑ effective energy storage solutions. Central to its strategy is proprietary sulfur ‑ based cathode active material (CAM) technology, which uses nanoconfinement to control sulfur behaviour in lithium ‑ sulfur and room ‑ temperature sodium ‑ sulfur battery architectures Nano-Encapsulated Sulfur (NES ™ ), addressing historical performance limitations and enabling compatibility with standard lithium ‑ ion and sodium ‑ ion manufacturing infrastructure. The NES ™ material is being developed with the goal of having "drop in" capability in place of alternate cathode materials to support scalable production in existing gigafactories and targets critical benchmarks for energy density and power performance, with applications across electric mobility, e ‑ aviation, grid and stationary storage. Gelion works with Tier One industrial partners to commercialise its technology and deliver integrated energy storage systems that support global decarbonisation goals. -ends-