Nano One Advances Candiac LFP Production Capacity Expansion Project, Detailed Engineering & Equipment Procurement

Executive Summary

• Detailed engineering for the Candiac lithium‑iron‑phosphate (LFP) expansion is >25% complete and slated for finish by July 2026.
• Purchase orders have been issued for major equipment to suppliers in France, Germany and other countries; vendor selection for remaining packages is finished, moving the 800 tpa project toward construction readiness.
• The company targets procurement, installation and commissioning of the expanded capacity in the first half of 2027, supporting future licensing and technology‑solution offerings.

Key Details

• Engineering progress: >25% completed; target completion July 2026.
• Equipment procurement: purchase orders issued for major long‑lead items with suppliers in France, Germany and additional locations; fabrication now underway.
• Vendor qualification: selection finalized for all major equipment packages; work advancing construction readiness of the 800 tpa expansion.
• Project timeline: procurement, installation and commissioning expected in H1 2027, per Prospectus Supplement (Dec 8 2025).
• Strategic impact: expanded capacity will enable Nano One to support licensing, technology‑solution sales, and modular plant designs for higher‑volume LFP production.
• Facility description: Candiac site hosts multiple One‑Pot™ lines—including a piloting line (2 × 2 m³ reactors) and a commercial demonstration line integrating an existing 20 m³ reactor. The expansion scales the 20 m³ reactor to achieve 800 tpa.

Notable Quotes

• “Advancing detailed engineering and long‑lead equipment procurement at Candiac has progressed as scheduled and according to plan,” said Denis Geoffroy, Chief Operating Officer. “I am confident that this expansion project will be completed on budget and on time for the first half of 2027.”