NEO Battery Materials Receives Notice of Allowance for Patents on Silicon Battery for Drone and Defence-Tech Applications

Core Insights - NEO Battery Materials Ltd. has received Notice of Allowances for two patents from the Korean Intellectual Property Office for its P-100 and P-200 silicon battery materials [1][2] - The P-200 series is being developed for short-duration, high-capacity applications in drones and defense technology, boasting a capacity of 2,500 mAh/g, significantly higher than the industry average of 1,300 mAh/g [3][4] - The patents protect the material properties and manufacturing processes of the P-100 and P-200 products, marking the first independently developed intellectual property rights by the company [3][7] Patent Details - Silicon Patent I focuses on the milling of low-cost metallurgical silicon to create a core-shell composite structure [7] - Silicon Patent II involves nanocoating and additive technology to form a uniform, thin polymer nanolayer on the core-shell composite structure [7] Market Strategy - The company anticipates an expedited adoption timeline for the P-200 series in existing electronics battery systems due to lower validation barriers compared to larger applications like electric vehicles [4][6] - Targeting the electronics sector is seen as a strategic entry point that could facilitate earlier revenue generation while continuing to develop long-cycle life products like the P-300N [4][6] Company Overview - NEO Battery Materials is focused on developing silicon anode materials for lithium-ion batteries across various sectors, including electric vehicles and energy storage systems [5] - The company aims to become a leading global producer of silicon anode materials, leveraging a patent-protected, low-cost manufacturing process [5]