Meta Materials Inks Joint Development Agreement With An Undisclosed OEM Customer

Loading...
Loading...
  • Meta Materials Inc. MMAT has signed a joint development agreement for NPORE battery separator materials with a confidential global Top 10 battery OEM.
  • NPORE is a free standing, flexible separator made with a ceramic nanomaterial that provides best-in-class dimensional stability with less than 1% heat shrinkage up to 220° C, to help inhibit thermal runaway.
  • "We see strong interest in our solution for safer, more efficient and sustainable batteries, and we look forward to this global partnership," commented George Palikaras, President and CEO.
  • Additionally, MMAT is developing NCORE current collectors, for increased safety, efficiency, and sustainability. It is commercializing NCORE in partnership with DuPont Teijin Films and Mitsubishi Electric Europe.
  • Price Action: MMAT shares are trading higher by 6.5% at $0.53 in premarket on the last check Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...