Nano One Materials (NANO) Investor presentation summary

Business model and strategy

• Focuses on a licensing-based, capital-light model with high-margin royalty streams and upfront fees, targeting rapid global scaling through modular, scalable 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 includes direct product sales, joint ventures, and technology licensing, designed to scale in parallel with market needs.

• 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, is easier to permit, and reduces reliance on China for supply chains, supporting national security and supply chain resilience.

• Holds 59 patents granted and 47+ pending, with ongoing innovation in cathode active materials (CAM) and process technology.

• Modular plant design enables rapid deployment and scaling, with detailed process design and proprietary equipment supported by a global engineering alliance with Worley.

• Demonstrated track record in LFP manufacturing, with decades of experience and first commercialization in 2005.

Market opportunity and demand

• Global LFP cathode market forecasted at $40B/year by 2035, with 2.1 TWh demand and 52% market share for LFP.

• China currently produces 98% of global LFP cathodes, but global trade tensions and policy shifts are driving regionalization and diversification.

• North America’s LFP cell production capacity pipeline has grown 61% in 2025, with $7B/year U.S. LFP CAM market projected by 2030.

• Mass adoption of LFP is driven by EV, BESS, AI, and industrial applications, with ROW (ex-China) growth outpacing earlier forecasts.

• Addressable market includes 35 million EVs and significant stationary storage, with modular plants positioned to capture regional demand.