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NEO Battery Secures CAD 392K Contract for Battery Order from North American Fortune 500 Automotive OEM.

Sep 17, 2026•about 2 hours ago

Contract Type

contract

North YorkManufacturing

Description

NEO Battery Materials Ltd. has successfully secured a purchase order contract valued at approximately CAD 392,000 from a North American Fortune 500 automotive OEM customer. This contract marks one of the largest foundry contracts awarded to NEO to date, following extensive validation of their battery manufacturing quality and operational efficiency.

Company Information

Company

NEO Battery Materials

Location

North York, Ontario, Canada

About

NEO Battery Materials (TSXV: NBM) (OTC: NBMFF) is a Canadian battery materials technology company focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, NEO Battery enables longer-running and ultra-fasting charging batteries compared to existing state-of-the-art technologies. The Company aims to be a globally-leading producer of silicon anode materials for the electric vehicle and energy storage industries.

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