Novonix (NVX) Small Cap Growth Virtual Investor Conference summary

Business Overview and Technology Focus

• Emphasis on localizing battery material production in North America to meet EV and energy storage demand.

• Developed significant IP in synthetic graphite and high nickel cathode synthesis, supported by a robust R&D group.

• Proprietary process technologies aim to lower carbon footprint and environmental impact, with a mission to develop sustainable, high-performance battery materials and negligible facility emissions.

• Life cycle assessment shows a 60% reduction in global warming potential for their graphite compared to Chinese equivalents.

• Four key pillars: scaling operations, securing customers, financing, and maintaining industry leadership.

Key Strategic Initiatives and Partnerships

• Signed offtake agreement with Panasonic Energy for 10,000 tons of synthetic graphite from 2025–2028, and exclusive supply agreement with KORE Power for up to 12,000 tpa starting in 2025.

• Joint R&D agreement with LG Energy Solution, with an option for up to 50,000 tons of artificial graphite over 10 years and a $30M investment.

• Agreements with KORE Power, LG Energy Solution, and PowerCo; investments from LG and Phillips 66.

• U.S. government support includes a $100M DOE grant, $103M tax credit, and application for a DOE LPO loan for greenfield expansion.

• Customer supply agreements and strategic investments underpin growth and capacity ramp-up.

Technology and Product Innovation

• Developed proprietary all-dry, zero-waste cathode synthesis technology, reducing water and sodium sulfate waste and lowering power consumption by ~26%.

• Anode materials offer improved capacity retention and performance, tailored for EV and energy storage applications.

• Battery Technology Solutions division accelerates R&D for customers, offering advanced cell testing and pilot line manufacturing.

• Demonstrated cathode cycling performance competitive with commercial materials, supporting long cycle life and high energy density.

• Ongoing pilot production and engineering studies validate cost, throughput, and sustainability targets for Generation 3 Furnaces.