Nano One Materials Corp.

Nano One Materials Corp. (TSX: NANO) is a clean technology leader developing advanced cathode active materials for lithium-ion batteries. Utilizing patented One-Pot™ and M2CAM processes, they enhance battery performance sustainably and cost-effectively. Serving electric vehicles and energy storage markets globally from facilities in British Columbia and Quebec.

Company Location

Country:

Canada

City:

Burnaby, British Columbia

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Company Overview

Nano One Materials Corp. is a clean technology company founded in 2011 that develops and produces advanced cathode active materials (CAM) for lithium-ion batteries. With main facilities in Burnaby, British Columbia and Candiac, Quebec, the company’s mission is to innovate sustainable battery material production, reduce environmental impact, and improve performance for electric vehicle and energy storage applications.

Battery Technology

Nano One’s core technologies include the patented One-PotTM process, transforming raw materials into high-performance cathode materials in a single step with up to 60% reduction in greenhouse gas emissions for NMC and 50% for LFP; Metal to Cathode Active Material (M2CAM) technology, enabling direct use of metal powders and eliminating waste; and a manufacturing approach that reduces water usage by approximately 80%. The company holds 48 patents with 56 pending applications covering various aspects of battery material production and processing.

Products

Advanced cathode active materials for nickel-rich (NMC) and lithium iron phosphate (LFP) chemistries produced via One-Pot and M2CAM processes, featuring coated nanocrystals for enhanced battery durability and performance.

Recent Projects

In 2024, Nano One secured C$18 million from the Government of Québec to advance LFP cathode production at Candiac, received US$12.9 million from the U.S. Department of Defense to expand North American LFP production, and is scaling production from 200 tonnes per year with plans for a 25,000-tonne annual facility design in collaboration with Worley.

Investors

Investors include the Government of Québec (C$18M), the U.S. Department of Defense (US$12.9M), Next Generation Manufacturing Canada (C$2.8M), and a strategic asset sale (C$5M).

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