Canada’s government is investing CAD500,000 ($396,000) in Nova Scotia-based battery testing equipment provider, Novonix Battery Testing Services Inc.
Lithium-ion specialist Novonix, which became wholly-owned by Australian mining minnow Graphitecorp earlier this year, said the funds from the Atlantic Canada Opportunities Agency would help it expand its international marketing.
Novonix president and CEO Chris Burns (pictured), a former senior battery research engineer with Tesla, said: “We are excited to continue to grow our brand and reach new customers. Lithium-ion batteries are becoming more ubiquitous in our society and everyone will benefit from advancements in battery technology.”
Science minister Kirsty Duncan said the company was “a great example (of) people with the right skills, creativity and ingenuity turning science into new technologies and driving economic growth”.
Graphitecorp, which changed its name to Novonix Limited last July, is developing a graphite mine in western Queensland, Australia. The company bought two-thirds of Novonix in March. It later bought the remainder from Chinese Li-on battery maker Contemporary Amperex Technology Co Ltd (CATL).