Friday is the cut off date for Bipartisan Infrastructure Framework funding applications.
Novonix already meets the criteria for the USD grant of $100,000,000 (minimum). Not bad for a meme stock with zero fundermentals apparently.
Will we see updates on supply contracts with Samsung SDI, Sanyo/Panasonic, EnerDel etc to further support the requirements under the BIF for funding?? This is not critical of the grant by Friday, as we already have our first commercial customer Kore Power.
My guess is we won't see anything this week, but, it wouldn't surprise me either way if we do.
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