Neo Battery Materials Ltd Stock Price, News & Analysis

NEO Battery Materials (OTC: NBMFF) appointed Linda Miller as Senior Scientific Advisor on October 7, 2025. Miller has 20+ years in advanced materials, battery commercialization, and global supply chain leadership.

Her background includes roles at Sila Nanotechnologies—where she advanced commercialization and supported a 613,000 sq. ft. mass production facility—and positions at Applied Materials, UBS, Hitachi, and NASA JPL. Miller will advise NEO on commercial expansion into drones, robotics, and AI-enabled electronics and support the operational launch of NEO’s battery component manufacturing facility.

NEO Battery Materials (OTC: NBMFF) has signed a significant multi-year offtake agreement and Joint Development Agreement (JDA) with a North American lithium-ion battery company. The offtake agreement commits to 50 metric tons of NEO's silicon anode materials over a 4-year term, starting in 2026.

The collaboration focuses on developing and optimizing battery performance for unmanned systems, drones, and defense-related mobile applications. NEO is scaling up production to 20 tons per year, with plans to expand to 240 tons annually. The company is also exploring the lease of a commercial facility for producing customized batteries for various applications.

NEO Battery Materials (OTC: NBMFF) has successfully closed an upsized non-brokered private placement offering, raising $5.5 million through the issuance of 10,785,836 units at $0.51 CAD per unit. Each unit includes one common share and one non-transferable warrant exercisable at $0.80 CAD until September 29, 2028.

The company, which develops silicon-enhanced battery technology for drones, robotics, and electronics, will use the proceeds to secure South Korean battery components and cell equipment, purchase scale-up equipment for silicon battery material development, and for working capital. The offering included a cash commission of $203,806.77 to eligible finders and is subject to final TSXV acceptance.

NEO Battery Materials (OTC: NBMFF), a silicon-enhanced battery developer, has announced two significant developments. First, the Company has upsized its non-brokered private placement from $4.0M to $5.5M due to strong institutional and strategic investor demand, offering up to 10,784,313 units at $0.51 per unit.

Additionally, NEO has appointed two distinguished military advisors: 4-Star Admiral Seung-Sub Shim and 2-Star Major General Geun-Young Choi to strengthen its defense-related capabilities. These strategic appointments aim to enhance NEO's position in military/defense procurement and align its battery development with advanced defense platforms, including drones, unmanned aerial systems (UAS), and unmanned underwater vehicles (UUV).

NEO Battery Materials (OTC: NBMFF) has entered into a Letter of Intent to lease an operational battery components manufacturing facility in South Korea. The facility, which has been revenue-generating for two years, produces battery electrodes for major automotive OEMs and global battery cell manufacturers.

In connection with the facility lease, NEO announced a non-brokered private placement offering of up to 7,843,138 units at $0.51 CAD per unit, aiming to raise approximately $4 million CAD. Each unit includes one common share and one warrant exercisable at $0.80 CAD for 36 months.

The company plans to utilize the facility to produce customized battery solutions for drones, UAVs, robotics, electronics, and energy storage clients while incorporating its proprietary NBMSiDE® silicon battery materials technology.

NEO Battery Materials (OTC:NBMFF) has secured a $4.5 million CAD purchase order and Joint Development Agreement with an Asian drone/UAV manufacturer. The company will develop two silicon-enhanced battery products: the P-200 series for combat drones and the P-300N series for industrial and surveillance UAVs.

The three-phase development aims to deliver batteries with energy density exceeding 350 Wh/kg, representing a 40-59% improvement over conventional drone batteries. The products will be integrated into drone systems supplied to South Korean and Indian military operations and APAC industrial companies.

The agreement includes a 3-year purchase commitment, with revenues expected upon completion of JDA objectives and commercial product delivery. NEO's silicon battery technology aims to enhance flight time, payload capacity, and mission operability while maintaining robust capacity retention and safety.

NEO Battery Materials (OTC: NBMFF) has announced its participation as a Silver Sponsor at the 24th International Conference on Humanoid Robots (Humanoids 2025), scheduled for September 30 to October 2, 2025, in Seoul, South Korea.

As the only advanced battery solution provider at the conference, NEO will showcase its proprietary high-performance battery designs specifically developed for humanoid and industrial robotics applications. The company's battery products feature high power density, high energy density, and reliable performance - crucial characteristics for advanced robotics operation.

The event, sponsored by industry leaders including NVIDIA, Samsung, Google DeepMind, and Qualcomm, serves as a global platform for advancing humanoid robotics science, engineering, and commercialization. NEO aims to explore co-development opportunities and commercial integration possibilities with robotics researchers and manufacturers.

NEO Battery Materials (OTC: NBMFF) has entered into a Joint Development Agreement (JDA) with NainTech (KRX:267320), a South Korean manufacturer, to co-develop two key technologies: sodium-ion batteries for energy storage systems and high-performance lithium-ion batteries with MXene additives.

The partnership focuses on two main applications: (1) Sodium-ion batteries for AI data centers and power grid storage, offering a cost-effective alternative to lithium-ion batteries, and (2) Enhanced drone batteries incorporating NainTech's Titanium-based MXene into NEO's silicon anode products to improve electrical conductivity for longer flight times and higher performance.

NainTech, a tier-1 supplier to LG Energy Solution with CAD 200 million annual revenue, brings expertise in battery technology, semiconductor equipment, and advanced materials manufacturing to the partnership.

NEO Battery Materials (OTC: NBMFF) has launched a high-performance battery cell development program targeting defence and industrial drone applications. The initiative leverages the company's proprietary silicon battery materials, NBMSiDE® P-200 and P-300N, to address the primary limitation in drone technology - battery performance.

The company will develop two distinct battery solutions: P-200 series for short-duration tactical drones with 2,500 mAh/g capacity, and P-300N series for long-range logistics drones with 2,000 mAh/g capacity. These solutions aim to deliver longer flight times, increased payload capacity, and reliable operations while maintaining low costs.

NEO plans to initially target Korean manufacturers and partner with U.S. firms to secure government grants from the Department of Defence and Department of Homeland Security, positioning itself as a domestic battery solution provider amid growing concerns over Chinese battery dependence.