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NEO Battery Achieves Near-Double Flight Time in Live Drone Field Test, Advancing Commercial Readiness of Non-Chinese Battery Platform

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Executive Summary

NEO Battery Materials Ltd. has achieved a significant technological milestone with the successful completion of a live surveillance drone field demonstration that nearly doubled flight time performance. The Toronto-based company's silicon-enhanced battery technology represents a critical advancement in lithium-ion battery performance, specifically targeting longer-running and rapid-charging applications.

The field test results demonstrate the commercial viability of NEO's battery platform, which positions the company as a non-Chinese alternative in the increasingly strategic battery materials sector. This achievement comes at a time when supply chain diversification and domestic battery production capabilities are becoming critical considerations for North American defense and commercial applications.

The successful drone demonstration validates NEO's core value proposition of extending operational capacity while maintaining rapid charging capabilities. For the broader battery materials sector, this represents tangible proof that Canadian companies can compete with established Asian manufacturers in high-performance applications. The surveillance drone application also suggests potential opportunities in defense and security markets, which typically demand higher performance standards and supply chain transparency.

Looking forward, this field test success positions NEO to advance toward commercial production and customer partnerships. The company's focus on silicon enhancement technology addresses key limitations of traditional lithium-ion batteries, potentially opening applications beyond drones to electric vehicles, grid storage, and other demanding use cases where extended runtime and fast charging are critical performance factors.
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Press Release

Toronto, Ontario – February 18, 2026 NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery materials and components developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the successful completion of a live surveillance drone field demonstration of its newly developed high-performance drone… Source

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