"NEO is under the process of signing 2 new NDAs which includes an established automotive maker. Under our current working relationships with our NDA partners, we are working on sample testing for NEO's proprietary nanocoating solution to produce low-cost, long-lasting silicon anode materials. NEO is on-track of commercializing its pipeline and recognizing synergies in the silicon value chain. We will shortly provide a full update on our pilot plant progress, developments with partners, and IP expansion."

https://stockhouse.com/news/press-releases/2021/08/06/neo-battery-materials-announces-application-for-trading-on-otcqb-market-and-dtc