Core Insights - Telescope Innovations Corp. reported Q1 financial results for the fiscal quarter ended November 30, 2025, with revenues of CAD 2.7 million, a significant increase from CAD 1.2 million in Q1 FY2025, driven by product sales and new service offerings [1][5] - The company experienced an adjusted EBITA loss of CAD 829,000, compared to a loss of CAD 100,000 in the previous fiscal year [5] - The financial results align with management's budget expectations and FY 2026 targets, indicating a strategic reinvestment in operational growth [1][4] Financial Highlights - Revenues for Q1 FY2026 reached CAD 2.7 million, up from CAD 1.2 million in Q1 FY2025 [5] - Total expenses increased to CAD 3.92 million from CAD 1.55 million in Q1 FY2025 [5] - Contract Research Services generated CAD 820,000 in revenue, compared to CAD 380,000 in Q1 FY2025 [5] Operational Highlights - The company delivered its first Self Driving Laboratory (SDL) to the Korean Pharmaceutical BioPharmaceutical Manufacturers' Association (KPBMA) [5] - The proprietary ReCRFT™ process achieved over 99.9% pure Li2CO3 from battery recycling brines, with materials shipped to Cellmine Ltd. and the University of St. Andrews for testing [5] - The company received conditional approval for CAD 3.6 million in government funding for lithium recycling and solid-state battery materials technologies [5]

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].

Telescope Innovations Selected to Join ALTA: the First US-Based Lithium Technology AcceleratorTelescope is among the first tech companies invited to the Arkansas Lithium Technology Accelerator (ALTA), engaging with industry leaders on the commercialization pathways for its lithium processing technologiesJuly 24, 2025 8:00 AM EDT | Source: Telescope Innovations Corp.Vancouver, British Columbia--(Newsfile Corp. - July 24, 2025) - Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) (FSE:4JU) ( ...