PM Energy places 10,000-cell capacity-reservation order with NEO Battery
PM Energy Solution placed a purchase order for 10,000 NEO 34Ah drone battery cells to reserve production capacity, with actual supply quantities tied to periodic demand forecasts from PM Energy and its drone customers.
Evidence notes
- 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 electric-motorcycle products in Vietnam and Southeast Asia.
Company context
Canadian-South Korean battery technology company producing silicon-enhanced materials, electrodes and cells for drones, robotics and energy-storage applications.