Nano One is grinding into the lithium ion battery material market

cellent strategy, heavy product or breakthrough technology can get you on the competition map, but only solid execution can keep you there. "

NanoOneMaterials Corp.. (TSXV: NNO) has attracted investors 'imagination with its breakthrough technology, which can shorten the traditional way of making cathode materials for lithium-ion batteries and eventually improve performance. The company set up a pilot plant in British Columbia and its share price more than doubled last year to more than $2.00 a share.

Now, in Nielsen's words, it's time to let this reliable implementation strategy click in. Unexpected milestones can be found in publicly released company material, suggesting they might turn it off.

First, the pilot plant has exceeded expectations, will extract more cathode materials than expected, and allows the company to develop a complete business design plan. More importantly, the company is negotiating with a first-class car supplier to provide it with cobalt-rich high-pressure spinel(HVS) and nickel-rich cathode materials for the manufacture of solid lithium-ion batteries. Confidentiality agreements(NDA) were signed with several other global companies.

It's an exciting space. Companies from BMW to Toyota have announced plans to test solid-state batteries, which are seen as the next generation of batteries that go beyond the limits of conventional liquid electrolyte batteries. The challenge for solid-state batteries is to make them affordable. The patenting of processes that eliminate the process steps of the production chain is a major leap towards this goal. The removal of cobalt from the procurement chain was a positive development. NanoOne's proprietary technology also allows manufacturers to use more readily available lithium carbonate rather than more difficult to obtain lithium hydroxide, leading to major supply chain problems that are expected to worsen.

The company announced on January 29 that the pilot work could complete the initial engineering plan for a 3300 tons/year cathode production device that can provide 24,000 electric car batteries. The production line is modular, which means it can be scaled up to accommodate smaller and larger facilities. NanoOne has told the market that royalties on these modular modules total $5 million. Modular units produce 3,300 tons of material per ton of $40,000, generating $132 million in annual revenue. Under the terms of the negotiations, the 4 per cent royalty on that income would result in $5.2 million per line per year.

In any implementation strategy, do not ignore the key actions of the senior staff. The company has started building a business team this year, with current headhunters serving as vice presidents of global business development. Such appointments represent a shift from a science-based perspective to an executive with the ability to communicate with the right participants. In other words, a company's signals indicate that a product can be offered and is looking for the best deal.

Finally, look at the successful management team that has been waiting for years to solve this problem. DanBlondal began his journey in 2011 and co-founded PerfectLithium Corp.. To destroy the traditional way of manufacturing cathode materials. This effort became NanoOneMaterials in 2015. The concept was validated in 2012 and the first patents were obtained in 2015. The company's chief scientist, Dr Stephen Campbell, has been chief scientist for seven years in automotive fuel. Russell Barton, chief engineer of CellCooperationCorp., has 40 years of experience, including 18 years of designing components and systems for fuel cell plants.

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