VANCOUVER, BC — February 18, 2026 — Leads & Copy — Nano One Materials Corp. (TSX:NANO)(OTCQB:NNOMF)(Frankfurt:LBMB) is focusing on three core market segments for its One-Pot™ LFP technology solution: defense & national security, energy storage systems (ESS), and electric vehicles (EVs). The company is also outlining its key strategic objectives for 2026.
Nano One’s Candiac lithium iron phosphate (LFP) demonstration plant is central to its commercialization strategy, driving toward first production and revenue generation while supporting the growth of its technology solutions and licensing business. Public policy and multi-use demand are driving the need for localized LFP cathode active materials (CAM) production in different parts of the world outside of Asia.
Global battery demand continues to grow, with LFP chemistries capturing an increasing share of that growth, representing roughly half of global cell demand in all applications and the dominant chemistry in the ESS market segment, accounting for over 90% of installations. North America is emerging as a key growth region, where LFP is gaining share in grid storage, data-center and cost-sensitive EV applications.
In the United States, planned LFP capacity increased from about 180 GWh to nearly 290 GWh in 2025, driven by a mix of new projects and the retooling of existing NCM gigafactories. This will require a supply of more than 600,000 tonnes per annum of LFP CAM. In Canada, the emerging lithium battery cell-manufacturing base is also moving towards LFP, creating domestic supply chain opportunities for One-Pot LFP cathode production.
According to Alex Holmes, President and Chief Strategy Officer, Nano One’s LFP demonstration production plant in Candiac, Québec is being developed as a stepping stone to first revenue, initially targeting customers whose qualification requirements and volumes are aligned with Candiac’s scale and capacity. Candiac also enables product sampling, de-risking and development work to be undertaken for much larger facilities and technology licensing opportunities. The company is targeting initial commercial LFP supply agreements for defence and energy-storage applications by the end of 2026.
Nano One continues to advance its partnership with Sumitomo Metal Mining for the commercialization of its technology and with Rio Tinto for qualified large volume lithium carbonate supply. The partnership with Worley Chemetics continues to develop LFP CAM Package technology solutions and the initiative with the Arkansas Lithium Technology Accelerator (ALTA) is focused on promoting US-based LFP CAM plant opportunities.
The Pilot Line of ~200 tpa is already operational for customer sampling, continuous process and product improvement, and small commercial sales, with first commercial agreements targeted for end of 2026.
The Demonstration Line is currently being operated manually in a full-scale reactor, with automation improvements underway to enable ~800 tpa of commissioned capacity targeted in the first half of 2027. This line will be focused on producing LFP cathode materials, growing commercial sales and demonstrating full-scale One-Pot reactors fully automated and integrated with material drying, calcining and packaging processes.
Nano One is pursuing a licensing growth strategy to address the emerging global need for supply chain and processing alternatives that enable diversified LFP ecosystems, localization and resilience. Its One-Pot technology solution is marketed directly to existing CAM producers, who are potential licensees, looking for LFP cathode materials solutions that can deliver a technological edge, cost-competitive process and are an industrial solutions partner that can drive growth and scale in emerging markets around the world.
The Design-One-Build-Many approach includes a commercial-ready One-Pot LFP CAM Package that is targeted for completion and marketing in H1 2026. This provides an inside battery limits (ISBL) offering, which is essentially the “guts” of a One-Pot LFP production-line, engineered to a class 3 cost estimate. It also includes a preliminary process design package and qualified vendor quotes for key equipment, providing enough definition to promote this technology stack to a global target-customer base.
In December 2025, the company completed an equity financing to fund the next phases of production and licensing plans. According to CFO Carlo Valente, this financing complements the non-dilutive sources of capital achieved to date.
According to The Honourable Tim Hodgson, Minister of Energy and Natural Resources, the Government of Canada is supporting Nano One as they scale up their made-in-Canada battery innovation. He added that this patented technology, developed in Canada, is helping position the country as a global leader in the next generation of battery materials.
Adam Johnson, Senior Vice President External Affairs, said that emerging policies reinforce Nano One’s engagement with key decision-makers, supported by on-shoring efforts and actions across multiple markets globally outside of Asia, which are all looking to grow local domestic, resilient and sustainable supply in each of their respective regions.
Nano One’s key areas of focus in 2026 are product sales and technology licensing.
According to Nano One CEO Dan Blondal, the company is focused on execution, converting target customer engagement into commercial sales of product and technology and building a recurring revenue base through licensing and royalties that drives long-term shareholder value.
Nano One Materials Corp. is a process technology company changing how cathode active materials (CAMs) are produced for lithium-ion batteries. Nano One’s platform is built on a portfolio of patented processes, decades of manufacturing know-how and modular plant designs that enable scalable, cost-competitive and easier-to-permit CAM production with resilient supply chains.
Product development and process optimization are based at Nano One’s Innovation Centre in Burnaby, British Columbia while piloting, demonstration and commercial production are based in Candiac, Québec, supported by a team with more than 15 years of commercial cathode manufacturing experience supplying global cell manufacturers.
Strategic collaborations with global partners including Sumitomo Metal Mining, Rio Tinto and Worley support Nano One’s Design-One-Build-Many growth strategy.
Nano One has received funding support from the Governments of Canada, the United States, Québec and British Columbia.
Source: Nano One Materials Corp.
