TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost silicon battery materials developer that enables longer-running, rapid-charging batteries, is pleased to initiate a new development program for high-performance lithium-ion batteries tailored for the growing drone and unmanned aerial vehicle (UAV) industry. The project leverages NEO’s proprietary silicon battery materials, NBMSiDE® P-200 and P-300N, to resolve the primary limitation in drone technology – battery performance.
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What is the expected timeline for commercializing the drone battery cells and how will that affect near‑term revenues?
How does NEO’s silicon material performance and cost compare to existing lithium‑ion battery suppliers for UAVs?
What financing or partnership commitments are in place to fund the development program and mitigate dilution risk?