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NEO Battery Enters Defense Partnership with Korean Army’s 12th Infantry Division to Integrate High-Energy Batteries into Frontline Military Operations

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Executive Summary

NEO Battery Materials Ltd. has announced a strategic defense cooperation agreement with the Republic of Korea Army's 12th Infantry Division, marking a significant expansion of the company's market reach into military applications. The partnership will focus on integrating NEO's silicon-enhanced battery technology into frontline military operations, leveraging the company's expertise in developing longer-running, rapid-charging batteries for specialized applications including drones, robotics, and physical AI systems.

This defense partnership represents a notable validation of NEO's battery technology capabilities and positions the company to capture value in the growing defense technology sector. Military applications demand highly reliable, high-performance energy storage solutions that can operate under extreme conditions, making this an ideal testing ground for NEO's advanced battery materials. The agreement with a key division of the ROK Army also provides NEO with potential access to the broader Asian defense market.

The timing of this announcement is particularly significant as global defense spending continues to increase and militaries worldwide are investing heavily in advanced technologies including autonomous systems and electronic warfare capabilities. NEO's silicon-enhanced battery technology could provide crucial advantages in terms of energy density, charging speed, and operational endurance for military equipment. This partnership may serve as a proof-of-concept that could lead to additional defense contracts and commercial opportunities in the rapidly growing battery technology sector.
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Press Release

TORONTO, Ontario – April 1, 2026 – NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and physical AI, is pleased to announce entering into a formal defense cooperation agreement (the “Agreement”) with the Republic of Korea (“ROK”) Army’s 12th… Source

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