Nano One Approved for its Tenth Patent
November 13 2018 - 4:03AM
(TSX-V: NNO) (OTC-Nasdaq Intl Designation: NNOMF)
(Frankfurt: LBMB). Mr. Dan Blondal, CEO at Nano One,
is pleased to announce that the U.S. Patent and Trademark Office
(“USPTO”) has issued a notice of allowance for a patent application
made in 2017. This will be Nano One’s tenth patent and is directed
to improved methods of producing lithium ion cathode materials.
“This patent relates to the methods we have
developed for scaled up production of lithium ion battery cathode
materials, ” said Mr. Blondal. “It reinforces our patenting
strategy and positions us well in a fast paced market as we
evaluate our technology with strategic interests in the battery
supply chain.”
The USPTO issues a notice of allowance after it
makes a determination that a patent should be granted from a patent
application. Issuance is expected by early 2019.
Nano One’s processing technology applies to cost
reductions and performance improvements for lithium iron phosphate
(LFP), lithium nickel manganese cobaltate (LNMC) and lithium
manganese nickelate (LMN, High Voltage Spinel or HVS). Innovation
continues on these materials and occasionally on other emerging
chemistries. As an example, Nano One recently submitted a patent
application for an economical method of producing niobium titanium
oxide (NTO). NTO is a higher density anode alternative to lithium
titanium oxide (LTO) and it has specialized applications where fast
charging, safety and longevity are critical.
“NTO was developed by Toshiba,” said Mr.
Blondal, “for use in a future generation of fast charging batteries
for mild hybrid EV applications. Our patent pending process could
overcome some of NTO’s production challenges and we are pleased to
be adding it to our technology offering along with LFP, NMC and
HVS.”
As a Reporting Issuer, Nano One would also like
to report that it has granted 2,125,000 options with an exercise
price of $1.28 to directors and officers of the company.
Mr. Blondal added “The board, management and
scientific teams at Nano One are confident in our growing portfolio
of technologies and we are actively pursuing strategic interests
and partnership opportunities.”
Nano One Materials Corp.
Dan Blondal, CEO
For information with respect to Nano One or the contents of this
news release, please contact John Lando (President) at (604)
420-2041 or visit the website
at www.nanoone.ca.
About Nano One:
Nano One Materials Corp (“Nano One” or “the
Company”) is developing patented technology for the low-cost
production of high performance battery materials used in electric
vehicles, energy storage, consumer electronics and next generation
batteries. The processing technology addresses fundamental supply
chain constraints by enabling wider raw materials specifications
for use in lithium ion batteries. The process can be configured for
a range of different nanostructured materials and has the
flexibility to shift with emerging and future battery market trends
and a diverse range of other growth opportunities. The novel
three-stage process uses equipment common to industry and Nano One
has built a pilot plant to demonstrate high volume production,
provide larger volumes of material for third party testing and has
preliminary engineering plans in place for full scale production of
a range of cathode materials. This pilot plant program is being
funded with the assistance and support of the Government of Canada
through Sustainable Development Technology Canada (SDTC) and the
Automotive Supplier Innovation Program (ASIP) a program of
Innovation, Science and Economic Development Canada (ISED). Nano
One also receives financial support from the National Research
Council of Canada Industrial Research Assistance Program
(NRC-IRAP). Nano One’s mission is to establish its patented
technology as a leading platform for the global production of a new
generation of nanostructured composite materials. For more
information, please visit www.nanoone.ca
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