Mr. Spencer Huh reports

NEO BATTERY SECURES CUSTOM BATTERY ORDER FROM MAJOR KOREAN DEFENSE DRONE MANUFACTURER

Neo Battery Materials Ltd. has obtained a purchase order from a major South Korean drone systems and components manufacturer, being one of the largest stand-alone drone companies in the country by revenue.

• Secured purchase order from major Korean drone manufacturer for custom-developed battery solutions in strike drone applications for initial performance validation;
• Primary design objective to reduce overall battery weight to increase flight duration and operational range;
• Increased order flow from the domestic drone industry due to Neo's ability to resolve performance bottlenecks and diversify to allied defense supply chains.

The customer has ordered a custom-developed six-ampere-hour high performance battery solution for initial performance validation through field testing of its upcoming strike drone product line. The cell and pack will be manufactured to customer specifications, with the primary design objective of reducing overall battery weight to increase flight duration and operational range. Neo expects that its high-energy battery design, combined with precision manufacturing controls, will enable the customer to meet its targeted endurance requirements. The company will provide updates as advancements with the customer occur.

"This order reflects Neo's ability to develop energy solutions tailored to specific customer requirements and the growing trust within the domestic drone industry that the company can address performance bottlenecks while diversifying away from concentrated supply chains," commented S.J. Youn, head of manufacturing and facility operations, at Neo. "Following delivery, we expect to work through iterative testing and feedback with the customer to optimize the product for implementation in commercial systems."

About Neo Battery Materials Ltd.

Neo Battery Materials is a Canadian-South Korean battery technology company focused on developing and producing silicon-enhanced lithium-ion batteries in drones, robotics, physical AI (artificial intelligence), electric vehicles and energy storage systems. With a patent-protected, low-cost silicon manufacturing process, Neo Battery enables longer-running and ultrafast charging properties, and provides end-to-end battery solutions from materials selection, cell architecture and process optimization. The company aims to be a globally leading producer of high performance lithium-ion batteries and materials, building a secure, robust battery supply chain for Western manufacturers.

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