Battery technology company Nano One Materials (NNO.C) has enjoyed a spirited stock resurgence of late, and it’s not a surprise. With emerging tech that could take cobalt out of the rechargeable battery ingredients list, and continuing grants for their commercialization pilot project, the company is building legitimacy quickly.
So when CEO Dan Blondal took the stage at an exclusive BC-China trade event this past week, and blew the doors off the place, winning the Pitch! China Conference and earning a 3-day trip to Nanjing in China’s wealthiest province, Jiangsu, in the process, investors clamored back on board.
— NanoOne (@NanoOne_NNO) September 23, 2016
As a result of winning the pitch event, Nano One execs will travel to China for three days of organized meetings with key investors, potential partners, and Chinese government officials.
Judges at the event included some of BC’s top venture capitalists and senior leaders from China’s Ministry of Commerce, several Investment Bureaus, and high tech industrial parks, with a view to helping the Asian nation ‘build smarter cities.’
The event was sponsored by CCIN, the Canada-China Innovation Network.
NNO stock had drifted down to $0.47 in late August when a large state-side investor blew out some paper, but has since soldiered forward hard, rising to $0.62 today, a 31% jump in a month.
Winning this pitch contest is no small feat, and the prize will open the company up to a multitude of potential end users, licensees and JV partners.
Meanwhile, the company continues to build out its pilot project plant, and pile up the grants from technology agencies while doing so.
— NanoOne (@NanoOne_NNO) July 29, 2016
— Chris Parry
FULL DISCLOSURE: The author is a marketing consultant to the company.