Nano One Awarded C$5 Million from the Government of Canada to Support Capacity Expansion at its Candiac Facility and Advance One-Pot LFP Commercialization
Nano One (OTCQB:NNOMF) received a C$5 million non-repayable contribution from Natural Resources Canada under the Energy Innovation Program to scale its One-Pot LFP cathode active materials and accelerate commercialization.
The funding supports work at Nano One's Candiac, Québec and Burnaby, BC facilities through March 31, 2027, and includes Sumitomo Metal Mining as an in-kind project partner. The company plans to expand Candiac capacity from 200 tpa to a minimum of 800 tpa, with flexibility to exceed 1,000 tpa, targeting ESS, defence, and EV markets. The contribution covers eligible operating and capital expenditures for scale-up, product development, and commercialization activities.
Nano One (OTCQB:NNOMF) ha ricevuto un contributo non rimborsabile di C$5 milioni da Natural Resources Canada nell'ambito del Energy Innovation Program per aumentare la scalabilità dei suoi materiali attivi della catodo One-Pot LFP e accelerarne la commercializzazione.
I fondi sostengono i lavori presso gli impianti di Nano One a Candiac, Québec e Burnaby, BC fino al 31 marzo 2027, e includono Sumitomo Metal Mining come partner di progetto in-kind. L'azienda prevede di espandere la capacità di Candiac da 200 tpa a un minimo di 800 tpa, con flessibilità per superare 1.000 tpa, mirando ai mercati ESS, difesa e veicoli elettrici. Il contributo copre le spese operative ammissibili e i costi in conto capitale per l'aumento di scala, lo sviluppo del prodotto e le attività di commercializzazione.
Nano One (OTCQB:NNOMF) recibió una contribución no reembolsable de C$5 millones de Natural Resources Canada bajo el Energy Innovation Program para escalar sus materiales activos de cátodo One-Pot LFP y acelerar su comercialización.
La financiación apoya el trabajo en las instalaciones de Candiac, Québec y Burnaby, BC de Nano One hasta el 31 de marzo de 2027, y incluye a Sumitomo Metal Mining como socio del proyecto in-kind. La empresa planea ampliar la capacidad de Candiac de 200 tpa a un mínimo de 800 tpa, con flexibilidad para superar 1,000 tpa, orientado a los mercados de ESS, defensa y vehículos eléctricos. La contribución cubre gastos operativos y de capital elegibles para la escalabilidad, el desarrollo de productos y las actividades de comercialización.
나노 원(Nano One) (OTCQB:NNOMF)는 에너지 혁신 프로그램(Energy Innovation Program) 하에 Natural Resources Canada로부터 C$5백만의 환수 불가 기여금을 받아 One-Pot LFP 음극 활성 물질의 확장과 상용화를 가속합니다.
자금은 Candiac, Québec와 Burnaby, BC의 Nano One 공장의 작업을 2027년 3월 31일까지 지원하며, 현물 파트너로 Sumitomo Metal Mining이 포함됩니다. 회사는 카디악의 생산능력을 200 tpa에서 최소 800 tpa로 확장하고, 필요 시 1,000 tpa를 초과할 수 있는 여지를 남겨, ESS, 방위 및 EV 시장을 목표로 합니다. 기여금은 확장, 제품 개발 및 상용화 활동을 위한 적격 운영 및 자본 지출을 포함합니다.
Nano One (OTCQB:NNOMF) a reçu une contribution non remboursable de C$5 millions de Ressources naturelles Canada dans le cadre du Energy Innovation Program pour mettre à l'échelle ses matériaux actifs de cathode One-Pot LFP et accélérer la commercialisation.
Le financement soutient les travaux dans les installations de Nano One à Candiac, Québec et Burnaby, BC jusqu'au 31 mars 2027, et comprend Sumitomo Metal Mining comme partenaire de projet in-kind. L'entreprise prévoit d'augmenter la capacité de Candiac de 200 tpa à un minimum de 800 tpa, avec la possibilité de dépasser 1 000 tpa, en visant les marchés ESS, défense et véhicules électriques. La contribution couvre les dépenses opérationnelles et d'investissement éligibles pour la montée en échelle, le développement du produit et les activités de commercialisation.
Nano One (OTCQB:NNOMF) erhielt einen uneingeschränkten Beitrag von C$5 Millionen von Natural Resources Canada im Rahmen des Energy Innovation Program, um die One-Pot LFP-Kathoden-Aktivmaterialien zu skalieren und die Kommerzialisierung zu beschleunigen.
Die Finanzierung unterstützt Arbeiten in den Nano-One-Anlagen in Candiac, Québec und Burnaby, BC bis zum 31. März 2027 und umfasst Sumitomo Metal Mining als Partner des Projekts in-kind. Das Unternehmen plant, die Kapazität in Candiac von 200 tpa auf mindestens 800 tpa zu erweitern, mit der Flexibilität, 1.000 tpa zu überschreiten, mit Zielgruppen in ESS-, Verteidigungs- und EV-Märkten. Die Förderung deckt zulässige Betriebs- und Kapitalausgaben für Skalierung, Produktentwicklung und Kommerzialisierungsaktivitäten ab.
نانو ون (OTCQB:NNOMF) تلقّت مساهمة غير قابلة للسداد بقيمة 5 ملايين دولار كندي من Natural Resources Canada بموجب برنامج الابتكار في مجال الطاقة لتوسيع المواد النشطة للمهبط One-Pot LFP وتسريع عملية التسويق التجاري.
تدعم التمويل العمل في مرافق Candiac، كيبيك و برنابي، كولومبيا البريطانية حتى 31 مارس 2027، ويشمل شريك مشروع عيني Sumitomo Metal Mining. تخطط الشركة لتوسيع قدرة Candiac من 200 tpa إلى الحد الأدنى 800 tpa، مع مرونة لتجاوز 1,000 tpa، مستهدفة أسواق ESS والدفاع والسيارات الكهربائية. تغطي المساهمة النفقات التشغيلية ورأس المال المؤهلة للتوسع وتطوير المنتج وأنشطة التسويق التجاري.
Nano One (OTCQB:NNOMF) 收到了来自加拿大自然资源部在能源创新计划下的C$5百万不可归还的资助，以扩大其 One-Pot LFP阴极活性材料的规模并加速商业化。
资助将支持 Nano One 位于 Candiac, Québec 与 Burnaby, BC 的设施，直至 2027 年 3 月 31 日，并将 Sumitomo Metal Mining 作为实物捐助合作伙伴纳入其中。公司计划将 Candiac 的产能从 200 tpa 扩大至至少 800 tpa，并有可能超过 1,000 tpa，瞄准 ESS、国防和电动车市场。该资助覆盖用于扩大规模、产品开发和商业化活动的合格运营和资本支出。
- C$5 million non-repayable government contribution
- Candiac capacity target increased from 200 tpa to 800 tpa
- Flexibility to scale Candiac to 1,000+ tpa
- Sumitomo Metal Mining providing in-kind technical support
- NRCan funding covers eligible expenditures only
- Funding support limited through March 31, 2027
Highlights
Nano One awarded C
$5M contribution from NRCan to scale and commercialize One-Pot™ LFPFunding supports planned Candiac expansion, including LFP cathode materials development for ESS, defence, and EV markets
Government-backed support reinforces Canada's role in building LFP supply chain optionality
VANCOUVER, BC / ACCESS Newswire / October 29, 2025 / Nano One® Materials Corp. ("Nano One" or the "Company")(TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB), a process technology company specializing in lithium-ion battery cathode active materials (CAM), is pleased to announce it has been awarded a C
"The Government of Canada is proud to support Nano One as they scale up their made-in-Canada battery innovation. At a time where the global demand for batteries is surging, their work could not be more important. We are showing the world how to build cleaner, more secure, and more sustainable supply chains. This patented technology, developed here at home, is helping position Canada as a global leader in the next generation of battery materials-proving that Canada can power the world."
- The Honourable Tim Hodgson, Minister of Energy and Natural Resources
The funding supports Nano One's ongoing work at its Candiac, Québec and Burnaby, British Columbia facilities through March 31, 2027. It will enable the Company to continue developing different product grades of One-Pot LFP to meet performance requirements across energy storage systems, defence, electric vehicles and other applications. Sumitomo Metal Mining is a project partner under this NRCan award and will contribute technical expertise as in-kind support.
The Candiac facility remains Nano One's launch pad for growth and a critical bridge between customer validation, first revenues, and demonstrating the technology in production-intent equipment to support future licensing opportunities. As a demonstration facility, Candiac will also support service revenues generated from licensee operator training, continuous process improvements, and product enhancement.
"This investment strengthens our path to commercialization and reinforces Canada's position as a leader in clean-technology manufacturing," said Dan Blondal, CEO of Nano One. "We're grateful to the Government of Canada for its continued support across multiple programs, including this NRCan contribution, which helps us de-risk scale-up, advance customer validation, and create long-term value for our shareholders on our path to commercial operations."
Strengthening North America's Battery Supply Chains
The project builds on existing funding support from the U.S. Department of Defense, Next Generation Manufacturing Canada (NGen), Investissement Québec (MEIE), and Technoclimat (MELCCFP). It aligns with G7 efforts to build resilient and diversified supply chains for critical minerals and battery materials-reducing reliance on single-country sources and reinforcing North American energy security.
The funding supports the next phase of Nano One's scale-up at its Candiac facility from 200 tpa to a minimum of 800 tpa with the flexibility to reach 1,000+ tpa to meet customer demand. It marks continued progress toward commercializing One-Pot LFP production and building localized capacity in line with government priorities for industrial resilience and supply-chain independence.
The C
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About Nano One®
Nano One® Materials Corp. (Nano One) is a technology company changing how the world makes cathode active materials for lithium-ion batteries. Applications include stationary energy storage systems (ESS), portable electronics, and electric vehicles (EVs). The Company's patented One-Pot process reduces costs, is easier-to permit, lowers energy intensity, environmental footprint, and reliance on problematic supply chains. The Company is supporting the drive towards energy security, supply chain resilience, industrial competitiveness and increased performance through process innovation. Production is being piloted and demonstrated in Candiac, Quebec, drawing on the existing plant and decades of commercial lithium-iron phosphate (LFP) manufacturing experience. Strategic collaborations and partnerships with international companies like Sumitomo Metal Mining, Rio Tinto, and Worley are supporting a design-one-build-many licensing growth strategy-delivering cost-competitive, easier-to-permit, and faster-to-market battery materials production solutions worldwide. Nano One has received funding from the Government of Canada, the Government of the United States, the Government of Québec, and the Government of British Columbia. For more information, please visit www.nanoone.ca.
Company Contact:
Paul Guedes
info@nanoone.ca
+1 (604) 420-2041
Cautionary Notes and Forward-Looking Statements
Certain information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking information in this news release includes, but is not limited to: receipt of the total amount of announced anticipated funding from the Government of Canada/NRCan; use of proceeds; ongoing product and process improvement and innovations as potential additional revenue opportunities for the Company; the development of technology, supply chains, and plans for construction and operation of cathode production facilities for acceptance of the Company's product and licensing packages; industry acceleration and demand; successful current and future collaborations that are/may happen with OEMs, miners or others including Sumitomo; the value, functions and intended benefits of the Company's technology and products efforts to build resilient and sustainable supply chains for critical minerals and battery materials; the development and evolution of Nano One's technology and products for scale up and commercialization; achieving commercial production of LFP; the Company's licensing, supply chain, joint venture strategies, opportunities and potential royalty arrangements; the purpose for expanding the Candiac facilities and scalability of developed technology; and the execution of the Company's plans - which are contingent on capital support and grants. Generally, forward-looking information can be identified by the use of terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', 'target', 'goal', 'encouraged', 'projected', 'potential' or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made are not, and cannot be, a guarantee of future results or events. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: receipt of the total amount of announced anticipated funding from the Government of Canada/NRCan; use of proceeds; ongoing product and process improvement and innovations as potential additional revenue opportunities for the Company; de‑risking supply chains for prospective licensees; general and global economic and regulatory changes; next steps and timely execution of the Company's business plans; the development of technology, supply chains, and plans for construction and operation of cathode production facilities; successful current or future collaborations that may happen with OEMs, miners or others; the execution of the Company's plans which are contingent on capital sources; the Company's ability to achieve its stated goals; the commercialization of the Company's technology and patents via license, joint venture and independent production; the Company's efforts to build resilient and sustainable supply chains for critical minerals and battery materials; anticipated global demand and projected growth for LFP batteries; and other risk factors as identified in Nano One's Annual Information Form dated March 25, 2025, for the year ended December 31, 2024, its MD&A for the six months ended June 30, 2025 and in recent securities filings for the Company which are available at www.sedarplus.ca. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake any obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements.
SOURCE: Nano One Materials Corp.
View the original press release on ACCESS Newswire
FAQ
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