NEO signs $2.5M CAD contract for lithium-silicon batteries with South Korean robotics group

NEO Battery Materials will supply high energy density batteries to a South Korean industrial robotics company under a $2.5M CAD order and joint development agreement over two years.

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NEO Battery Materials Ltd. has announced a $2.5M CAD (₩2.5bn KRW) purchase order and joint development agreement with a South Korean company specialised in industrial robotics. The deal covers the supply of lithium-silicon batteries for autonomous, humanoid, and mission-critical service robots operating in logistics warehouses and manufacturing facilities.

A 24-month contract for custom battery solutions

The agreement includes the delivery of both prototypes and commercial battery packs for integration into the client’s robotic systems over a 24-month period. These batteries, designed for high-risk industrial environments, will be co-developed to surpass current market standards. The South Korean customer provides its robotic solutions to global conglomerates and small and medium-sized enterprises (SMEs).

Development will focus on customised lithium-silicon cells, with emphasis on energy density, power performance, and safety. The targeted battery packs aim to exceed current industry standards of 2.25 kWh and 51,000 mAh, with a 12S configuration used in existing robotic platforms.

Enhanced performance for industrial robotics

NEO’s new batteries are expected to achieve a 74,000 mAh capacity, maintaining a 12S configuration, delivering 3.38 kWh — a 45.1% increase in energy density. These improvements are intended to enhance the runtime and energy efficiency of deployed robotic systems.

The deal also includes full end-to-end battery development support, from materials selection to integration and certification assistance. Final production volumes will depend on field testing results, certification outcomes, input material availability, and production capacity.

Industrial expansion in South Korea

NEO plans to activate its new battery production platform in South Korea to meet the expected demand. The company is positioning itself in high-value energy segments amid a growing demand for industrial automation and tailored energy storage systems.

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