Technical Update: NEO Battery Achieves Exceptional Silicon Battery Performance with Improved Uniform Nanocoating Innovation
Retrieved on:
Wednesday, August 16, 2023
TORONTO, Aug. 16, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
Key Points:
- TORONTO, Aug. 16, 2023 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce exceptional testing results in silicon battery performance from NEO’s improved uniform nanocoating innovation. - As announced on April 18, 2023 , NEO achieved a significant manufacturing innovation of uniformly nanocoating silicon with strong polymer layers.
- Before this innovation, non-uniform coatings led to mechanical breakdowns, resulting in inadequate performance of silicon batteries.
- Dr. S. G. Kim, CTO of NEO, commented, “NEO’s uniform nanocoating technology used to produce silicon anodes significantly improves the battery performance by overcoming the critical volume expansion problem.