Yahoo FinanceSep 29, 2026
NEO Battery Partners with Major Korean Drone Maker for Tech Development & Joint Entry into Canadian Market
NEO Battery Materials Ltd. ("NEO" or the "Company") (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery manufacturer enabling high-performance capabilities for drones, robotics, and physical AI, is pleased to enter into a joint development agreement (JDA) with a major South Korean drone systems and components manufacturer, Preneu Co., Ltd. ("Preneu"), to develop high-energy batteries optimized for Preneu's drone platforms. The parties have also executed a letter of intent (LOI) to col