NEO Battery Materials Timeline

Events

• 2026-08-27 - Commercial Order - NEO Battery receives first direct South Korean Army drone-battery order - The Army order covers military-grade drone battery packs for field validation and use and is NEO’s first direct agreement with a South Korean military unit. Assetta separately ordered development of a battery-management system for drone platforms under a… - source: neobatterymaterials.com
• 2026-07-30 - Commercial Order - NEO Battery secures Korean strike-drone battery order - The custom 6Ah pack is designed to reduce battery weight and extend strike-drone flight duration and range. The Korean customer will run initial field validation before NEO iterates the design using test feedback. - source: neobatterymaterials.com
• 2026-07-28 - Commercial Order - NEO Battery receives Narma validation order for AF100 VTOL packs - The order covers 34Ah packs and custom 22Ah packs for the AF100 validation programme. NEO says production and delivery are planned in the near term. - source: neobatterymaterials.com
• 2026-07-22 - Commercial Order - PM Energy places 10,000-cell capacity-reservation order with NEO Battery - The purchase order covers 10,000 units of NEO's 34Ah drone battery cell. PM Energy will use periodic demand forecasts to determine the quantity manufactured and delivered. The companies will also develop high-energy cells for PM Energy's TeraVitz… - source: newswire.ca
• 2026-07-22 - Regulatory - NEO Battery 11.5Ah cell receives Korean KC certification - The 11.5Ah cell passed the KC certification process on its first submission. Testing covered electrical, mechanical, thermal and environmental safety requirements. UN 38.3 certification remains underway for international shipment and export clearance. - source: newswire.ca
• 2026-07-16 - Partnership - NEO Battery and Assetta sign drone battery development and supply agreement - The July 15 agreement followed testing and validation of NEO battery products inside Assetta drone systems. Assetta plans to transition current drone batteries to NEO products and prioritize Korean defense contracts and solicitations. The recurring program… - source: neobatterymaterials.com
• 2026-06-04 - Product Launch - NEO Battery Materials launches FPV strike-drone battery for loitering-munition use - NEO Battery Materials announced high-power battery products for FPV strike drones and loitering munitions. The launch positions the batteries as a non-Chinese pouch-cell alternative for defense and allied procurement channels. The company frames the battery… - source: marketscreener.com
• 2026-03-13 - Production Milestone - NEO Battery acquires expansion site to scale Korea-made drone and robotics battery cell manufacturing - The company plans to integrate its silicon products into drone battery applications. The move supports NEO shift from battery materials toward end-to-end battery-cell production. - source: newswire.ca
• 2025-10-02 - Commercial Order - NEO Battery signs multi-year silicon battery materials offtake with North American drone and UAS battery company - NEO Battery signed a multi-year offtake agreement for silicon battery materials with a North American drone and UAS battery company. The agreement supports production of higher-performance drone and UAS battery cells. NEO said it was progressing from 20-ton… - source: neobatterymaterials.com