Grant in place for no cobalt battery During the period ended June 30, 2016, Nano One was also awarded support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). NRC-IRAP will support Nano One’s project to develop High Voltage Cobalt Free Cathode Materials and will contribute up to $222,857 in non-dilutive and non-repayable funds between June 1, 2016 and November 30, 2017. The objective of the project is to develop, optimize and demonstrate Nano One’s patented processing technology for the synthesis of High Voltage Cobalt Free Cathode Material, commonly known as HVSpinel, as a cathode in lithium ion batteries. Under this project, Nano One will be optimizing process conditions in preparation for strategic evaluation and scaled up production in the Pilot Plant. This project is on budget and on schedule