NEO Battery signs multi-year silicon battery materials offtake with North American drone and UAS battery company

Evidence notes
- 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 mass producibility testing toward 240 tons per year of production capacity.
Company context
Canadian-South Korean battery technology company producing silicon-enhanced materials, electrodes and cells for drones, robotics and energy-storage applications.