Latest news with #MatthewDawson
Yahoo
05-05-2025
- Business
- Yahoo
NEO Battery Materials Appoints Dr. Matthew Dawson, CEO of Elementium Materials, as Senior Scientific Advisor
TORONTO, May 02, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. ('NEO' or the 'Company') (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the appointment of Dr. Matthew Dawson, Founder and Chief Executive Officer of Elementium Materials Inc., to the Company's Scientific Advisory Board. Earning his Ph.D. in Mechanical Engineering from the Massachusetts Institute of Technology (MIT), Dr. Dawson is a seasoned global executive, technology founder, and investor with nearly two decades of experience in developing and commercializing next-generation energy transition technologies. Across his professional career, he has served as CEO, CTO, and Investment Director at emerging technology companies and has founded several successful startup ventures, raising over one hundred million dollars from Fortune 500 companies and world-leading private equity firms. Currently, Dr. Dawson leads Elementium Materials – a leading battery materials company developing a proprietary non-carbonate electrolyte technology that are engineered to deliver high-performance, safety, and stability to lithium-ion batteries. Previously, he has founded Utility Global, developing the world's first electricity-free electrolyzer for clean hydrogen production. He has also served in key research positions at ExxonMobil, Chevron, and Equinor. As a Senior Scientific Advisor, Dr. Dawson will offer strategic technology and commercialization insights, accelerating the deployment or go-to-market of NEO's silicon anode materials. Moreover, for the Company's growth trajectory, he will actively support through his vast domain and connections with globally-leading companies and private capital. Dr. Dawson commented, 'It's an honor to be appointed to NEO's Scientific Advisory Board. I look forward to contributing to NEO's mission of advancing their silicon anode technology. NEO's innovative approach to enabling low-cost, long-lasting, fast-charging batteries is poised to disrupt the energy industry.' Correction Notice: In the press release dated April 25, 2025, there was an immaterial typographical error regarding the expiry date of incentive stock options issued to Mr. Kenneth Hoffman. The correct expiry date is April 25, 2030, rather than April 25, 2025, as previously indicated. This correction does not affect any other details of the previously announced information. NEO Battery Materials is a Canadian battery materials technology company focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, NEO Battery enables longer-running and ultra-fast charging batteries compared to existing state-of-the-art technologies. The Company aims to be a globally-leading producer of silicon anode materials for the electric vehicle and energy storage industries. For more information, please visit the Company's website at: On Behalf of the Board of DirectorsSpencer HuhDirector, President, and CEO For Investor Relations, PR & More Information:info@ +1 (437) 451-7678 This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified notably by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: volatile stock prices; the general global markets and economic conditions; the possibility of write-downs and impairments; the risk associated with the research and development of advanced and battery-related technologies; the risk associated with the effectiveness and feasibility of technologies that have not yet been tested or proven on commercial scale; manufacturing process scale-up risks, including maintaining consistent material quality, production yields, and process reproducibility at a commercial scale; compatibility issues with existing battery chemistries and unforeseen the risks associated with entering into and maintaining collaborations, joint ventures, or partnerships with battery cell manufacturers, original equipment manufacturers, and various companies in the global battery supply chain; the risks associated with the construction, completion, and financing of commercial facilities including the Windsor and South Korean facilities; the risks associated with supply chain disruptions or cost fluctuations in raw materials, processing chemicals, and additive prices, impacting production costs and commercial viability; the risks associated with uninsurable risks arising during the course of research, development and production; competition faced by the Company in securing experienced personnel and financing; access to adequate infrastructure and resources to support battery materials research and development activities; the risks associated with changes in the technology regulatory regime governing the Company; the risks associated with the timely execution of the Company's strategies and business plans; the risks associated with the lithium-ion battery industry's demand and adoption of the Company's silicon anode technology; market adoption and integration challenges, including the difficulty of incorporating silicon anodes within battery manufacturers and OEMs systems; the risks associated with the various environmental and political regulations the Company is subject to; risks related to regulatory and permitting delays; the reliance on key personnel; liquidity risks; the risk of litigation; risk management; and other risk factors as identified in the Company's recent Financial Statements and MD&A and in recent securities filings for the Company which are available on Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued R&D and commercialization activities, no material adverse change in precursor prices, development and commercialization plans to proceed in accordance with plans and such plans to achieve their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations, research and development, and commercialization plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this presentation, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this in to access your portfolio
Yahoo
05-05-2025
- Automotive
- Yahoo
Electric Vehicles Update - Advancements in Battery Materials Boosting Innovation in EV Industry
NEO Battery Materials Ltd., a developer of low-cost silicon anode materials for lithium-ion batteries, has appointed Dr. Matthew Dawson, CEO of Elementium Materials, as a Senior Scientific Advisor. Dr. Dawson's extensive background in advancing energy transition technologies is expected to bring valuable insights and support to NEO's commercialization of its battery technology. This development highlights the ongoing advancements in the field of electric vehicle battery materials, particularly in enhancing battery performance and reducing costs, potentially impacting the broader electric vehicle industry by propelling innovations in longer-lasting and faster-charging batteries. In other market news, was trading firmly up 7.0% and finishing the session at HK$59.55, near its 52-week high. In the meantime, lagged, down 5.8% to end the day at CA$45.69. On Friday, the company raised its earnings guidance for 2025, expecting sales between $40.0 billion and $41.6 billion. Magna International's strategic moves towards restructuring and market expansion may soon elevate its margins and earnings, creating a critical opportunity for investors amidst potential macroeconomic pressures. Discover the full narrative of these timely developments and their implications by clicking here. Previously, our Market Insights article, "Automakers Caught in the Tariff Crossfire," explored the pressures on the auto industry amid rising tariffs and the implications for electric vehicle sales, investments, and opportunities. Catch up now before the market shifts further! finished trading at HK$382.40 up 3.3%. finished trading at $287.21 up 2.4%. settled at $10.28 up 1%. Ford Motors is set to present at the Milken Institute Global Conference 2025 in Los Angeles today. Dive into all 49 of the EV Stocks we have identified, like Changzhou Xingyu Automotive Lighting SystemsLtd, Elite Material and Mobileye Global, right here. Curious About Other Options? AI is about to change healthcare. These 25 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "NEO Battery Materials Appoints Dr. Matthew Dawson, CEO of Elementium Materials, as Senior Scientific Advisor" from NEO Battery Materials Ltd. on GlobeNewswire (published 02 May 2025) Companies discussed in this article include SEHK:9863 SEHK:1211 NasdaqGS:TSLA NYSE:F and TSX:MG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Hamilton Spectator
02-05-2025
- Business
- Hamilton Spectator
NEO Battery Materials Appoints Dr. Matthew Dawson, CEO of Elementium Materials, as Senior Scientific Advisor
TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — NEO Battery Materials Ltd. ('NEO' or the 'Company') (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce the appointment of Dr. Matthew Dawson, Founder and Chief Executive Officer of Elementium Materials Inc., to the Company's Scientific Advisory Board. Earning his Ph.D. in Mechanical Engineering from the Massachusetts Institute of Technology (MIT), Dr. Dawson is a seasoned global executive, technology founder, and investor with nearly two decades of experience in developing and commercializing next-generation energy transition technologies. Across his professional career, he has served as CEO, CTO, and Investment Director at emerging technology companies and has founded several successful startup ventures, raising over one hundred million dollars from Fortune 500 companies and world-leading private equity firms. Currently, Dr. Dawson leads Elementium Materials – a leading battery materials company developing a proprietary non-carbonate electrolyte technology that are engineered to deliver high-performance, safety, and stability to lithium-ion batteries. Previously, he has founded Utility Global, developing the world's first electricity-free electrolyzer for clean hydrogen production. He has also served in key research positions at ExxonMobil, Chevron, and Equinor. As a Senior Scientific Advisor, Dr. Dawson will offer strategic technology and commercialization insights, accelerating the deployment or go-to-market of NEO's silicon anode materials. Moreover, for the Company's growth trajectory, he will actively support through his vast domain and connections with globally-leading companies and private capital. Dr. Dawson commented, ' It's an honor to be appointed to NEO's Scientific Advisory Board. I look forward to contributing to NEO's mission of advancing their silicon anode technology. NEO's innovative approach to enabling low-cost, long-lasting, fast-charging batteries is poised to disrupt the energy industry. ' Correction Notice: In the press release dated April 25, 2025, there was an immaterial typographical error regarding the expiry date of incentive stock options issued to Mr. Kenneth Hoffman. The correct expiry date is April 25, 2030, rather than April 25, 2025, as previously indicated. This correction does not affect any other details of the previously announced information. About NEO Battery Materials Ltd. NEO Battery Materials is a Canadian battery materials technology company focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, NEO Battery enables longer-running and ultra-fast charging batteries compared to existing state-of-the-art technologies. The Company aims to be a globally-leading producer of silicon anode materials for the electric vehicle and energy storage industries. For more information, please visit the Company's website at: . On Behalf of the Board of Directors Spencer Huh Director, President, and CEO For Investor Relations, PR & More Information: info@ T: +1 (437) 451-7678 This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified notably by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: volatile stock prices; the general global markets and economic conditions; the possibility of write-downs and impairments; the risk associated with the research and development of advanced and battery-related technologies; the risk associated with the effectiveness and feasibility of technologies that have not yet been tested or proven on commercial scale; manufacturing process scale-up risks, including maintaining consistent material quality, production yields, and process reproducibility at a commercial scale; compatibility issues with existing battery chemistries and unforeseen the risks associated with entering into and maintaining collaborations, joint ventures, or partnerships with battery cell manufacturers, original equipment manufacturers, and various companies in the global battery supply chain; the risks associated with the construction, completion, and financing of commercial facilities including the Windsor and South Korean facilities; the risks associated with supply chain disruptions or cost fluctuations in raw materials, processing chemicals, and additive prices, impacting production costs and commercial viability; the risks associated with uninsurable risks arising during the course of research, development and production; competition faced by the Company in securing experienced personnel and financing; access to adequate infrastructure and resources to support battery materials research and development activities; the risks associated with changes in the technology regulatory regime governing the Company; the risks associated with the timely execution of the Company's strategies and business plans; the risks associated with the lithium-ion battery industry's demand and adoption of the Company's silicon anode technology; market adoption and integration challenges, including the difficulty of incorporating silicon anodes within battery manufacturers and OEMs systems; the risks associated with the various environmental and political regulations the Company is subject to; risks related to regulatory and permitting delays; the reliance on key personnel; liquidity risks; the risk of litigation; risk management; and other risk factors as identified in the Company's recent Financial Statements and MD&A and in recent securities filings for the Company which are available on . Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued R&D and commercialization activities, no material adverse change in precursor prices, development and commercialization plans to proceed in accordance with plans and such plans to achieve their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations, research and development, and commercialization plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this presentation, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Associated Press
01-04-2025
- Automotive
- Associated Press
NEO Battery Materials Collaborates with Elementium Materials Leveraging Advanced Electrolyte Technology
Collaboration Agreement with Elementium Materials, an Advanced Electrolyte Technology Company Using Elementium's Advanced Electrolytes to Enhance NEO's Silicon Battery Platform for Specialty Commercial Battery Cells Specialty Downstream Markets Include Power Tools, Humanoid Robots, Drone/UAV & Aerospace Systems TORONTO, April 01, 2025 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. ('NEO' or the 'Company') (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to enter into a collaboration agreement (the 'Agreement') with Elementium Materials Inc. ('Elementium'), an advanced battery electrolyte technology company, on March 31, 2025. As one of the four core battery components, electrolytes serve as the medium of transport for lithium ions between the anode and cathode during charging and discharging. While traditional electrolytes face corrosion, oxidation, and toxic gas formation issues, Elementium has engineered advanced electrolyte formulations to enhance battery stability, material robustness, and safety. Under the terms of the Agreement, NEO will apply Elementium's advanced electrolytes to its silicon battery platform for use in specialty commercial applications. The primary goal for collaboration is to improve electrochemical performance metrics, especially ultra-fast charging and discharging capabilities. This initiative is part of NEO's broader strategy to identify complementary technologies that enable silicon battery integration into a wider range of downstream markets. Mr. Spencer Huh, CEO & President of NEO, expressed, 'High-demand, emerging downstream markets – such as power tools, humanoid robots, drone/UAV, and aerospace systems – require high-specification batteries in which silicon anodes and advanced electrolytes are indispensable components. Through this collaboration, NEO and Elementium are confident to deliver solutions that address these increasingly stringent performance needs.' Dr. Matthew Dawson, CEO of Elementium, commented, We're seeing strong market demand for high-performance silicon anode batteries. Elementium's next-generation electrolyte unlocks the incredible potential of silicon batteries, and we are pleased to partner with NEO, one of the world's leading silicon anode suppliers.' About Elementium Materials Inc. Elementium is a leading battery materials company focused on developing and scaling novel electrolyte formulations for advanced lithium-ion chemistries. The company's proprietary non-carbonate electrolytes are engineered to deliver enhanced safety, stability, and compatibility with emerging anode and cathode materials, including silicon, manganese-rich, and high-nickel electrodes. Based in Boston, MA, Elementium partners with leading battery manufacturers and global battery end-users to accelerate the transition to high-performance, cost-effective, domestically manufactured energy storage solutions. For more information, visit Contact: Matthew Dawson, Ph.D. CEO, Elementium About NEO Battery Materials Ltd. NEO Battery Materials is a Canadian battery materials technology company focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, NEO Battery enables longer-running and ultra-fast charging batteries compared to existing state-of-the-art technologies. The Company aims to be a globally-leading producer of silicon anode materials for the electric vehicle and energy storage industries. For more information, please visit the Company's website at: On Behalf of the Board of Directors Spencer Huh Director, President, and CEO For Investor Relations, PR & More Information: [email protected] T: +1 (437) 451-7678 T: +1 (437) 451-7678 This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified notably by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: volatile stock prices; the general global markets and economic conditions; the possibility of write-downs and impairments; the risk associated with the research and development of advanced and battery-related technologies; the risk associated with the effectiveness and feasibility of technologies that have not yet been tested or proven on commercial scale; manufacturing process scale-up risks, including maintaining consistent material quality, production yields, and process reproducibility at a commercial scale; compatibility issues with existing battery chemistries and unforeseen the risks associated with entering into and maintaining collaborations, joint ventures, or partnerships with battery cell manufacturers, original equipment manufacturers, and various companies in the global battery supply chain; the risks associated with the construction, completion, and financing of commercial facilities including the Windsor and South Korean facilities; the risks associated with supply chain disruptions or cost fluctuations in raw materials, processing chemicals, and additive prices, impacting production costs and commercial viability; the risks associated with uninsurable risks arising during the course of research, development and production; competition faced by the Company in securing experienced personnel and financing; access to adequate infrastructure and resources to support battery materials research and development activities; the risks associated with changes in the technology regulatory regime governing the Company; the risks associated with the timely execution of the Company's strategies and business plans; the risks associated with the lithium-ion battery industry's demand and adoption of the Company's silicon anode technology; market adoption and integration challenges, including the difficulty of incorporating silicon anodes within battery manufacturers and OEMs systems; the risks associated with the various environmental and political regulations the Company is subject to; risks related to regulatory and permitting delays; the reliance on key personnel; liquidity risks; the risk of litigation; risk management; and other risk factors as identified in the Company's recent Financial Statements and MD&A and in recent securities filings for the Company which are available on Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued R&D and commercialization activities, no material adverse change in precursor prices, development and commercialization plans to proceed in accordance with plans and such plans to achieve their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business, operations, research and development, and commercialization plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this presentation, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
