NVX

NOVONIX Announces Participation in April Investor Events

Retrieved on: 
Tuesday, April 9, 2024

BRISBANE, Australia, April 10, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in April 2024:

Key Points: 
  • BRISBANE, Australia, April 10, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in April 2024:
    NOVONIX’s Annual General Meeting will be held in Brisbane, Australia on April 17th, details for participation can be found at the designated AGM webpage ;
    Dr. Chris Burns, CEO of NOVONIX, will provide prepared remarks in a business update webcast for the quarter-ended March 31st, 2024.
  • The webcast link and presentation materials will be available Wednesday, April 17th at 8:30 am AEST or Tuesday, April 16th at 6:30 pm EDT;
    Maxim Group is hosting their International Mining Collaboration: The World Needs More Mining & Processing virtual conference on April 23rd with NOVONIX participating at 11:30 am EDT; and
    Janney Montgomery Scott Virtual CEO Fireside Chat, April 24th at 1:00 pm EDT.
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

NOVONIX Limited and Lithium Energy Limited to Combine Natural Graphite Interests with Intention to Take Combined Business Public

Retrieved on: 
Tuesday, April 2, 2024

NOVONIX Limited (“NOVONIX”) and Lithium Energy Limited (“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”)

Key Points: 
  • NOVONIX Limited (“NOVONIX”) and Lithium Energy Limited (“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”)
    BRISBANE, Australia, April 03, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has signed a definitive agreement under which its wholly owned subsidiary, MD South Tenements Pty Ltd, which holds the Mount Dromedary natural graphite exploration interests, will be divested to Axon Graphite Limited (“Axon”), a subsidiary of Lithium Energy Limited (ASX: LEL).
  • LEL will contribute its interest in its Burke and Corella graphite projects to Axon pursuant to the agreement.
  • As consideration for the transaction, NOVONIX will receive shares in Axon, which the parties intend to list on the Australian Securities Exchange (“ASX”).
  • The shares held by each of NVX and LEL will likely be held in escrow for a period of 24 months.

U.S. Government Selects NOVONIX to Receive US$103 Million in Qualifying Advanced Energy Project Tax Credits

Retrieved on: 
Monday, April 1, 2024

Importantly, under the IRA, a qualifying advanced energy project credit can be monetized through its sale for cash, in addition to using this tax credit to offset income tax liability.

Key Points: 
  • Importantly, under the IRA, a qualifying advanced energy project credit can be monetized through its sale for cash, in addition to using this tax credit to offset income tax liability.
  • The Company has a period of two years within which to satisfy the requirements and claim the tax credit.
  • This is the latest example of NOVONIX’s continued support from the U.S. government.
  • Dr. Chris Burns, CEO of NOVONIX, said, “In a period already filled with company milestones, the approval of our 48C application strengthens our financing strategy and demonstrates another significant landmark for NOVONIX.

NOVONIX Releases Inaugural Sustainability Report

Retrieved on: 
Thursday, March 7, 2024

BRISBANE, Australia, March 08, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has released its inaugural Sustainability Report.

Key Points: 
  • BRISBANE, Australia, March 08, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it has released its inaugural Sustainability Report.
  • NOVONIX’s Sustainability Report underscores the Company’s dedication to running a profitable, ethical, and sustainable business.
  • We are proud to publish our inaugural Sustainability Report to share our progress in promoting clean energy.”
    The Sustainability Report presents the Company’s achievements to date, its plans moving forward, and the framework established to facilitate continuing progress.
  • To access NOVONIX’s inaugural Sustainability Report, please visit NOVONIX’s 2023 Sustainability Report on the Sustainability page of our website.

NOVONIX Announces Participation in Upcoming Investor Events

Retrieved on: 
Sunday, February 25, 2024

BRISBANE, Australia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in February and March 2024:

Key Points: 
  • BRISBANE, Australia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that members of the executive team are scheduled to participate in the following upcoming investor events in February and March 2024:
    Baird 2024 Vehicle Technology & Mobility Conference to be held virtually on February 29, 2024; and
    Gabelli Funds 15th Annual Specialty Chemical Symposium to be held March 14, 2024, in New York City.
  • NOVONIX management will be available to host one-on-one and group investor meetings during the conferences.
  • Presentation materials and available webcast links will be available prior to each event on the NOVONIX investor relations website .
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

NETGEAR and Panasonic Enter Interoperability Partnership for SMPTE ST 2110 Testing and Compatibility

Retrieved on: 
Tuesday, February 13, 2024

The M4350 series ST 2110-capable switches are part of NETGEAR’s ongoing initiative to develop AV-over-IP solutions for the broadcast and Pro AV industries.

Key Points: 
  • The M4350 series ST 2110-capable switches are part of NETGEAR’s ongoing initiative to develop AV-over-IP solutions for the broadcast and Pro AV industries.
  • View the full release here: https://www.businesswire.com/news/home/20240213691505/en/
    NETGEAR and Panasonic Enter Interoperability Partnership for SMPTE ST 2110 Testing and Compatibility (Photo: Business Wire)
    KAIROS is an IT/IP Platform for live production that gives professionals unlimited control to deliver rich content for broadcast, large screen display and live streams.
  • SMPTE ST 2110 is supported on the VSM4320C (copper) and XSM4344C (fiber) M4350 models with 10G to 100G ports and PTP synchronization.
  • "We believe that the user-friendly design of the M4350 series with its template-based configurations will open up new opportunities for SMPTE ST 2110 in the video production market through our collaboration."

NOVONIX Hosts Webcast with Dr. Chris Burns Following Panasonic Off-Take Announcement

Retrieved on: 
Sunday, February 11, 2024

BRISBANE, Australia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, shared a webcast with CEO, Dr. Chris Burns, discussing the Company’s recent announcement of an off-take agreement with Panasonic Energy, a leading manufacturer of electric vehicle (“EV”) batteries in North America.

Key Points: 
  • BRISBANE, Australia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, shared a webcast with CEO, Dr. Chris Burns, discussing the Company’s recent announcement of an off-take agreement with Panasonic Energy, a leading manufacturer of electric vehicle (“EV”) batteries in North America.
  • The webcast link and presentation materials are available as of Monday, February 12, 2024, at 9:30 am AEDT or Sunday, February 11, 2024, at 5:30 pm EST for interested parties in the United States.
  • The webcast and presentation are available on the NOVONIX investor relations website .
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.

Panasonic Energy and NOVONIX Sign Binding Off-Take Agreement

Retrieved on: 
Thursday, February 8, 2024

BRISBANE, Australia, Feb. 09, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, and Panasonic Energy Co., Ltd. (“Panasonic Energy”), a leading manufacturer of electric vehicle (“EV”) batteries in North America, today announced the signing of a binding off-take agreement for high-performance synthetic graphite anode material to be supplied to Panasonic Energy’s North American operations from NOVONIX’s Riverside facility in Chattanooga, Tennessee.

Key Points: 
  • Under the off-take agreement, Panasonic Energy has agreed to purchase at least 10,000 tonnes of anode material for use in their U.S. plants over the term of 2025-2028.
  • During the term, if additional volumes are requested by Panasonic Energy, NOVONIX shall use its best efforts to deliver the increased volumes.
  • NOVONIX and Panasonic Energy began working together on product sampling and testing after signing a memorandum of understanding with subsidiary, Sanyo Electric Co., Ltd., in 2019.
  • As Panasonic Energy expands its cell manufacturing presence in North America, NOVONIX’s product development and sampling have been focused on Panasonic Energy’s product requirements for its U.S. plants.

NOVONIX Appoints Sharan Burrow AC to Board of Directors

Retrieved on: 
Sunday, February 4, 2024

BRISBANE, Australia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced the appointment of Sharan Burrow AC to its Board of Directors, effective 28 February, 2024.

Key Points: 
  • BRISBANE, Australia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced the appointment of Sharan Burrow AC to its Board of Directors, effective 28 February, 2024.
  • Chairman Robert J. Natter said: "Ms. Burrow is a global leader in creating thriving and diverse workplaces with responsible governance.
  • I am delighted to welcome Ms. Burrow to the NOVONIX Board of Directors, recognizing her extensive experience and outstanding qualifications."
  • “NOVONIX is an exciting company on the cutting edge of technology that can help transition the world away from fossil fuels,” said Ms. Burrow.

NOVONIX to Host Fourth Quarter 2023 Operations Update

Retrieved on: 
Wednesday, January 24, 2024

BRISBANE, Australia, Jan. 25, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it plans to release its fourth quarter 2023 Quarterly Activities Report on Tuesday, January 30, 2024.

Key Points: 
  • BRISBANE, Australia, Jan. 25, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, today announced that it plans to release its fourth quarter 2023 Quarterly Activities Report on Tuesday, January 30, 2024.
  • Dr. Chris Burns, CEO of NOVONIX, will also provide prepared remarks of the quarterly activities for the quarter ended December 31, 2023.
  • The webcast link and presentation materials will be available Tuesday, January 30, 2023 at 8:30 am AEDT or Monday, January 29, 2023 after markets close at 5:30 pm EST for interested parties in the United States.
  • This announcement has been authorized for release by NOVONIX Chairman, Admiral Robert J. Natter, USN Ret.