Canadian company Neo Battery Materials has signed a collaboration agreement with South Korean firm Applied Carbon Nano Technology, to establish strategic cooperation to further advance Neo’s pending patent related to carbon nanotube (CNT) coating technology for silicon anode materials.
The companies will collaborate to expand mutual business opportunities in the electric vehicle (EV) industry including the CNT conductive additive market that is experiencing accelerated growth. CNTs are known to retain similar electrical conductivity to copper and have more than 100 times the strength of steel. Due to this capability to endure mechanical stress, CNT can act as an effective damper for the volumetric expansion problem of silicon anodes during cycling.
Additionally, the superior electrical conductivity of the material enables the performance of the anode to be maximized.
Applied Carbon Nano Technology is a private R&D-oriented company in South Korea that focuses on developing and commercializing Carbon Nanotubes (CNT) and their applied technologies. Through the collaboration, Neo and ACN say they will pursue cooperation to advance Neo’s patent-pending CNT coating technology using ACN’s CNT and will further co-work on using ACN’s core CNT technology and applying it to Neo’s silicon anode active materials, growing its NBMSiDE product portfolio through the wholly owned subsidiary, NBM Korea.
