Core Insights - Telescope Innovations Corp. has been conditionally approved for up to CAD $3.36 million in government funding to advance its lithium processing technologies, announced by Canada's Minister of Energy and Natural Resources during the G7 Energy and Environment Ministers' meeting [1][2]. Funding and Support - The company is receiving up to CAD $319,200 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) for demonstrating its lithium carbonate crystallization technology, ReCRFT™, aimed at battery recycling [2]. - An additional CAD $3.04 million has been conditionally approved through Natural Resources Canada's Critical Minerals Research, Development and Demonstration (CMRDD) program to scale up and pilot the DualPure™ process, which focuses on producing high-purity lithium sulphide [2]. Technological Advancements - Telescope Innovations is advancing its lithium carbonate recovery and lithium sulphide synthesis technologies, contributing to the on-shoring of advanced battery materials manufacturing [5]. - The ReCRFT™ technology has progressed from research to demonstration within one year, aligning with the increasing global demand for a circular lithium supply [6]. - The DualPure™ process is also moving towards commercialization, coinciding with the rising demand for high-purity lithium sulphide from global battery manufacturers [6]. Strategic Collaboration - The company is collaborating with international partners under the G7 Critical Minerals Action Plan to enhance critical mineral supply chains, focusing on sustainability and competitiveness [3][4]. Automation and R&D Model - Telescope's intelligent automation laboratory infrastructure supports both lithium refinement programs, enabling rapid iteration and cost-effective development of new chemical processes [7]. - The automation-first R&D model allows for faster transition from proof-of-concept to demonstration and scale-up, generating data-rich insights essential for deployment [7]. Company Overview - Telescope Innovations is a chemical technology company focused on developing scalable manufacturing processes and tools for the pharmaceutical and chemical industries, utilizing robotic platforms and AI to improve efficiency and data quality [8].

Core Insights - Telescope Innovations has been selected to join the Arkansas Lithium Technology Accelerator (ALTA), marking a significant step in its engagement with industry leaders for the commercialization of its lithium processing technologies [1][6]. Group 1: ALTA Overview - ALTA connects leading lithium companies such as Standard Lithium, Albemarle, and ExxonMobil with technology enterprises like Telescope to advance innovations in critical mineral processing and battery supply chains [2]. Group 2: Lithium Refining Innovations - Telescope is advancing two proprietary lithium refinement technologies: ReCRFT™, a low capital expenditure method for producing battery-grade lithium carbonate, and DualPure™, a low-temperature method for producing lithium sulfide for solid-state batteries [3]. - ReCRFT™ has successfully processed feedstocks from over 8 lithium production sites across North America, while DualPure™ has produced lithium sulfide samples currently under evaluation by battery industry groups in North America and Asia [3]. Group 3: Engagement Benefits - The engagement with ALTA positions Telescope's technologies for pilot-scale deployment, providing direct access to a network of leading lithium producers for technical collaboration and integration into commercial operations [5]. - Collaborations through ALTA can expedite the validation of Telescope's processes under operational conditions, thereby reducing commercialization risk and accelerating time to market [5]. Group 4: Company Perspective - The CEO of Telescope stated that the invitation to ALTA is timely, as the company's lithium processing technologies are validated across multiple feedstocks, and they are ready to move into piloting with lithium producers [6]. - Arkansas is highlighted as an ideal location for deploying these technologies due to its high-quality resources and community support [6].