Nano One Secures U.S. DOD Funding to Drive Lithium Iron Phosphate Battery Technology

Our Senior Vice President of External Affairs, Adam Johnson, joined Steve Darling from Proactive to discuss the company’s latest milestone: securing $12.9 million in funding from the U.S. Department of Defense. This financial boost, granted through the Defense Production Act Title III, will accelerate Nano One’s efforts to commercialize its LFP battery technology.

Johnson emphasized that this funding, combined with other government support, significantly strengthens the company’s financial position. It aligns with their vision of advancing LFP battery technology across North America, particularly in Canada and the U.S. The U.S. Department of Defense’s investment underscores Nano One's role in building a secure, resilient supply chain for critical battery materials, enhancing national security.