• AnteoTech signs joint agreement with Black Diamond Structures for combined battery product
• Product combines AnteoTech's 'cross linker' Anteo X and BDS's carbon nanotube dispersions
• Targets battery manufacturers incorporating >15% silicon in anodes

AnteoTech Ltd (ASX: ADO) has entered into a Joint Development and Sales Agreement (JDSA) with US-based Black Diamond Structures (BDS) to produce and commercialize a combined advanced battery product for the US market. The product will combine AnteoTech's 'cross linker', Anteo X, and BDS's proprietary single and multi-walled carbon nanotube dispersions, marketed as MOLECULAR REBAR, to enable a step change in high silicon Lithium-ion Battery (LiB) performance. Customers for this combined Anteo X/MOLECULAR REBAR product will be battery manufacturers targeting delivery of cost-effective electrochemical performance and structural integrity improvements in batteries incorporating more than 15 wt.% silicon active material in anodes. The parties will work together to identify, qualify and acquire customers for the joint product, including acceptance testing where required. Development work has already commenced at BDS's facility in Texas, and a site visit by AnteoTech management will take place in early October 2025, prior to the USA Battery Show in Detroit.

AnteoTech and BDS are working to develop, validate, and commercialize the new joint product in the US market. The development plan sets forth aggressive but accomplishable milestones to achieve this goal.