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NEO Battery Materials Secures Purchase Order Worth CA$392,000

NEO Battery Materials Secures Purchase Order Worth CA$392,000

MT newswireMT newswire2026/09/17 12:41
08:41 AM EDT, 09/17/2026 (MT Newswires) -- NEO Battery Materials (NBM.V) secured a purchase order worth 392,000 Canadian dollars from a North American automotive original equipment manufacturer customer. The order represents one of the largest contracts awarded to date within NEO's foundry manufacturing portfolio, the battery manufacturer said Thursday. NEO added that it has secured a UN mandatory safety certification for its 11.5 ampere-hour drone battery product, enabling international shipping to the US, Ukraine, Canada and Europe. "With our defense drone portfolio, we aim to receive more UN certifications for different battery models and aggressively manufacture products with the main objective of converting sample evaluation to larger-magnitude, long-term orders," said SJ Youn, NEO's head of manufacturing and facility operations.
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