Nano One Materials Corp TSX:NANO, the Canadian cleantech company with a patented process for the low-cost, low-GHG production of lithium-ion battery cathode active materials, has confirmed the allowance and/or issuance of seven new patents to its portfolio.
This brings Nano One’s 2024 total to 11, and its historical total to 48 with more than 56 further patent applications pending, in jurisdictions around the world.
These recent patents not only fortify Nano One’s intellectual property (IP) portfolio but also add value for its shareholders and enhance the company’s technological edge in a rapidly evolving market.
Dr. Stephen Campbell, Nano One’s Chief Technology Officer said:
“By safeguarding our innovations, we are positioned to lead advancements in energy efficiency and sustainability, which can translate into considerable commercial opportunities. Having a strong IP portfolio creates substantial shareholder value, showcasing our commitment to innovation and commercialization, while attracting partnerships and boosting investor confidence in our long-term growth prospects.”
Nano One’s technology applications include electric vehicles (EVs), stationary energy storage systems (ESS), and consumer electronics. The company’s patented One-Pot process reduces costs, carbon intensity (lower GHGs), environmental footprint, and reliance on problematic supply chains.
Patents play an important role in helping technology and engineering companies move forwards in specific markets, including with the development of important strategic partnerships.
Recently issued and/or allowed patents include Japanese Patent JP 7503208 which describes a novel battery assembled with high voltage spinel LNMO cathode material made using the One-Pot process and paired with an electrolyte for high durability.
Nano One said further patents had been issued and/or allowed in India, Japan, Taiwan and China.
The benefits of Nano One’s One-Pot process
The benefits of Nano One’s patented One-Pot process and M2CAM technology mainly attribute to the elimination of the traditional precursor steps (pCAM) by integrating them with the lithium addition step (CAM), high efficiency thermal processing, and the elimination of sodium sulphate wastewater.
- Can Western battery tech companies benefit from proposed China restrictions?
- Podcast: China export restrictions could boost battery tech sector
- Nano One receives C$18m from Québec Government
This is aimed at reducing complexity, cost, footprint, energy intensity, and greenhouse gas emissions compared to incumbent processes. This has the additional potential benefit of making One-Pot enabled CAM production facilities easier to site, permit, construct, and operate while decoupling from foreign supply chains of concern.
Scalability of the technology is proven and being demonstrated at Nano One’s LFP pilot production plant in Québec — the only facility and expertise of its kind outside of Asia.
Strategic collaborations and partnerships with international companies like Sumitomo Metal Mining, Rio Tinto, and Worley are supporting a global growth strategy via technology licensing and joint ventures.
