Skip to content

Fed minister tours Burnaby clean tech company that's received $8M in government funding

Nano One Materials works on core materials that are essential to batteries.
Nano one group photo
Nano One Materials, a Canadian clean-tech company located in Burnaby, is positioned to help repatriate and grow Canada’s manufacturing of core materials essential to batteries that will be used in electric vehicles and energy storage systems.

Nano One Materials, a Canadian clean-tech company located in Burnaby, is positioned to help repatriate and grow Canada’s manufacturing of core materials essential to batteries that will be used in electric vehicles and energy storage systems.

The NOW previously reported about how Nano One Materials received a $3 million grant from the provincial government and then, in 2019, another $5 million from the federal government.

On Monday, Carla Qualtrough, Minister of Employment, Workforce Development and Disability Inclusion, toured the Burnaby facility to see where those federal dollars have gone.

“The tour was really exciting,” said Qualtrough, who was joined by Burnaby North-Seymour MP Terry Beech. “I really enjoyed meeting the people; just the creativity and innovation here is palpable - it's really exciting.”

Nano One’s innovative and proprietary technology produces Cathode Active Material (CAM), an essential part of an expensive cost component of a lithium–ion battery.

Their current method realizes significant reductions in environmental impact as well as water and energy use compared to traditional production methods. While also providing a safe, secure, reliable access by helping foster a localized supply chain system.

“I love nerding out on technology, and also being able to go and see how this stuff actually works, understand the business model that is behind it. It's really exciting.”