Announcements needed asap, page-3

There are a number of positive catalysts at play;
1. LiS batteries to be approved to US & European Standards
2. Following the commissioning of our Phase 3 production facility, LiS batteries to soon be rolling out of our Victorian production facility.
3. LiS batteries to be forwarded to our partners - there will be some household names!
4. Australian & State Government funding support of LiS Energy in line with the National Battery Strategy – The Battery Research and Innovation Hub at Deakin University feature in the document.
5. The Battery fund is $523M. Additionally, the Built in Australia fund comprises $1.7B.

LiS Energy stand to gain a chunk of these funds with our advanced technology; a gigafactory being built in Australia is not out of the question.

Additionally, other sub-companies of PPK could also benefit.

https://www.minister.industry.gov.au/ministers/husic/media-releases/new-battery-strategy-make-more-batteries-here

“Funding for the Strategy was included in last week’s Budget:
• $523.2 million for the Battery Breakthrough Initiative, administered by ARENA, to promote the development of battery manufacturing capabilities through production incentives targeted at the highest value opportunities in the supply chain.

• $20.3 million for Building Future Battery Capabilities to incentivise cutting edge battery research, including support for:
o Future Battery Industries Cooperative Research Centre to map Australian battery capability and value chains, drive battery innovation and scale-up and deliver best practice guidelines and standards for the battery industry.
o Powering Australia Industry Growth Centre to develop workforce skills and training.

The Budget also includes $1.7 billion for a new Future Made in Australia Innovation Fund, administered by ARENA, to accelerate deployment of innovative technologies and facilities through support for innovation, commercialisation, pilot and demonstration projects in priority sectors including clean energy manufacturing such as batteries.”

https://www.industry.gov.au/sites/default/files/2024-05/national-battery-strategy.pdf

"The government’s Future Made in Australia agenda includes the following actions to support battery technology innovation and workforce development:

$1.7 billion Innovation Fund which over 10 years from 2024–25 will support innovation, commercialisation, pilot and demonstration projects and early-stage development in priority sectors – including batteries. This is on top of $1.5 billion over 10 years from 2027–28 to supercharge ARENA’s core investments. ARENA’s work advances industry knowledge and commercial readiness in clean energy technology.

The Battery Research and Innovation Hub at Deakin University has world-class, purpose-built research facilities. These support battery research, development and design, including pilot-scale cell manufacturing and commercialisation of energy storage technologies. A cell is the smallest assembled unit of a battery – it stores and generates electricity. Making battery cells is a high-precision advanced manufacturing process."

Our CEO Dr Lee Finniear has commented on;
- Focus on Aircraft, Drone (& Wearable opportunities).
- LiS Energy battery is half the weight of LION.
- Nail punch test: LION Battery increased by over 500 degrees and stopped working. LiS Battery only increased by 3 degrees and continued to work. LION Batteries are not safe, detonate, fires are hard to control. LiS Battery safe option. Safety is critical.
- Lis Battery passing tests to be distributed globally.
- Phase 3 Factory facility production line uses the same techniques as a gigafactory, proving up capability of commercial production.
- Sovereign battery capability – currently no batteries made in Australia - LiS have largest capability in Australia!
- Opportunity to scale up and would love to do that in Australia.
- LiS Energy have over $25M in cash. Our share price hit $3 at IPO, our valuation has considerably decreased, this is a trend globally. We are a lot further progressed than what we were (at $3).
- There is a lot of good news on the way. It takes time to build capability.
- Look at what’s on the horizon and (investors) should see good value.

IMO DYOR