Massive catalyst Mr. Spencer Huh, President and CEO of NEO, added, “The first phase of NEO’s silicon anode materials will be applicable for general liquid-type conventional lithium-ion batteries for EVs, but our unique nanocoating solution for the production of low-cost and high-performance Si anodes will concurrently accelerate the commercialization timeline of all-solid-state batteries. Under the NDAs with established and reputable solid-state battery developers, NEO will continue to expand our collaboration through moving forward with the testing of NEO’s micron-sized silicon anodes, and we expect to enter the battery supply chain through diversified routes. Additionally, with the semi-commercial facility, the mass production of NEO’s silicon anodes is approaching near.”