Nano One Materials (NANO) investor relations material

Business model and strategy

• Focuses on a licensing-based, capital-light model with high-margin royalty streams and rapid global scaling through modular, easier-to-permit plants.

• Strategic partnerships with major industry players like Rio Tinto, Sumitomo Metal Mining, and Worley de-risk commercialization and support market penetration in EV, ESS, and defense sectors.

• Demo facility in Québec supports licensees with production, offtake, training, and continuous improvement, while generating initial product sales revenue.

• Multi-track revenue growth targets product sales, joint ventures, and technology licensing, aligned with market needs and regional demand.

• Government support includes significant non-dilutive funding from US DoD, Québec, NGen, and NRCan for commercial capacity expansion.

Technology and manufacturing advantage

• Proprietary One-Pot process integrates precursor and cathode production, reducing OPEX and CAPEX by up to 30%, energy use by 80%, and water use by 80%.

• Eliminates waste and reliance on China supply chains, supporting supply chain resilience and national security interests.

• Holds 59 patents granted and 47+ pending, with continuous innovation and IP development.

• Modular plant design enables scalable deployment and easier permitting, leveraging decades of LFP manufacturing experience.

• Demo plant in Québec derisks scale-up and supports rapid industrialization for licensees.

Market opportunity and demand

• Targeting a $40B annual LFP cathode market by 2035, with LFP expected to reach 52% market share and 2.1 TWh serviceable addressable market.

• North American LFP cell production capacity pipeline projected at 290 GWh by 2030, requiring ~600 ktpa of LFP CAM and supporting a $7B+ market.

• Global demand for cathode materials driven by EV, BESS, AI, and industrial sectors, with ROW (ex-China) growth outpacing earlier forecasts.

• U.S. and G7 policy incentives and supply chain diversification efforts are accelerating regionalization of LFP CAM production.

• Partnerships and licensing alliances position the company to capture significant share in the expanding global cathode market.