Nano One Materials Corp. is a clean technology company that develops and produces advanced cathode active materials (CAM) for lithium-ion batteries. Founded in 2011, the company has established itself as an innovator in sustainable battery material production. Their focus lies in creating efficient, cost-effective manufacturing processes that significantly reduce environmental impact while improving battery performance. Through their patented technologies, Nano One addresses critical challenges in the battery industry, particularly in electric vehicle and energy storage applications. The company operates from its main facilities in Burnaby, British Columbia, and Candiac, Quebec, serving global markets and partnering with leading industry players.
Battery Technology
The company’s primary technological advancement is the One-PotTM process, a patented manufacturing method that transforms raw materials into high-performance cathode materials in a single step. This process eliminates multiple production stages typically required in traditional methods, resulting in substantial cost savings and environmental benefits. The technology achieves up to 60% reduction in greenhouse gas emissions for nickel-rich (NMC) cathodes and 50% for lithium iron phosphate (LFP) cathodes.
Their Metal to Cathode Active Material (M2CAM) technology represents another significant advancement, enabling direct use of metal powders instead of metal sulfates in the production process. This innovation eliminates waste products and simplifies the supply chain. Additionally, Nano One’s process creates coated nanocrystal materials that enhance battery durability and performance.
The company’s manufacturing approach reduces water usage by approximately 80% compared to conventional methods, while maintaining high-quality output. Their technology portfolio includes 48 patents, with 56 pending applications, covering various aspects of battery material production and processing.
Recent Projects
In December 2024, Nano One secured C$18 million from the Government of Québec for advancing LFP cathode production at their Candiac facility. The company also received US$12.9 million from the U.S. Department of Defense to expand North American LFP production capabilities. They are currently scaling up production from 200 tonnes per year to larger capacities, with plans for a 25,000-tonne annual production facility design in collaboration with Worley.
Investors
Nano One has attracted significant investment from government and private sectors. Major funding sources include the Government of Québec (C$18 million), U.S. Department of Defense (US$12.9 million), and Next Generation Manufacturing Canada (C$2.8 million). The company also generated additional capital through strategic asset sales, including a recent C$5 million from vacant land disposition. Their financial strategy combines government support with strategic industry partnerships to advance commercialization efforts.
Business Details
Location: Burnaby, British Columbia, Canada
Website: https://nanoone.ca
LinkedIn: https://www.linkedin.com/company/6400856
