If you haven't, have a read of the annual report. So many milestones over the past 18 months.
There R&D network is expanding year on year and will keep Novonix in the race over the decade and beyond.
Funding for 40,000TPA of anode materials is amazing work.
The NASDAQ listing will raise more funds. At this stage, it is anyone's guess what they will put this towards:
- additional anode facilities - Cathode scale up - Emera Technologies scale up for microgrids - BTS expansion - European expansion - JV with cell manufacturers - left field announcement
Lots to sink their teeth into.
Their R&D around cathode will be game changing and should see this starting to commercialise within the next 12-18 months.
I have notices they have started calling PureGraphite now Novonix Anode Materials, time will tell what this really means, but I think it is a good move shaping the company moving forward.
NVX Price at posting:
$6.65 Sentiment: Buy Disclosure: Held
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