Additional, BIF grants coming in the next 1 to 2 months. For US based companies scaling a commercial EV battery product, minimum grant size is USD $100 million dollars.
Considering that the US hasnt sold a single tonne of graphite and its all imported, Novonix will be up the top of the list for a BIF grant.
Last quarterly also had that Novonix was preparing to target the Defense Production Act as well.
Given the calibre of our Board of Directors and strategic partnership with Phillips 66, Novonix is very well placed in the current environment moving forward.
Did We Make A Mistake, page-34
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