on Nano One Materials Corp. (NASDAQ:NNOMF)
Nano One Reports Stable Q2 2025 Results and Seeks U.S. Expansion
Nano One Materials Corp. announced its Q2 2025 results showcasing total net assets of $23.2 million and working capital of $22.8 million. The company secured $3.6 million in non-dilutive government funding during the quarter. Despite a net loss of $2.8 million, government grants somewhat offset operational costs.
The company aims to expand in the U.S. by joining the ALTA program, promoting lithium-ion battery supply chain independence. Nano One's recognition by the IEA as a leading LFP innovator aligns with global trends toward localized supply chains.
Additionally, Nano One began trading on the U.S. OTCQB market, enhancing access for American investors. All shareholder resolutions, including director elections, were passed at the AGM.
R. P.
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