AnteoTech Ltd (AU:ADO) has released an update.
AnteoTech Ltd has made significant strides in the clean energy and life sciences sectors, highlighted by securing its first commercial order for the Ultranode™ battery technology from Mercedes Benz. The company is also expanding its market reach through evaluations of its Anteo X™ technology with various global companies and a promising US$1.8 million contract with the Serum Institute of India. With a focus on increasing the silicon content in battery anodes, AnteoTech aims to enhance battery performance and establish substantial commercial opportunities.
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