# NEO Battery secures CAD 392K purchase order from Fortune 500 automotive OEM

NEO Battery Materials has secured a CAD 392,000 purchase order from a North American Fortune 500 automotive OEM for battery cell manufacturing. The order is one of the largest foundry contracts awarded to date.

- Type: Contract
- Announced: 2026-09-17
- Where: Toronto, Ontario, Canada
- Value: $280K (392K CAD)
- Status: announced
- Products: battery cells, silicon-enhanced batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [NEO Battery Materials](https://endata.com/companies/82532.md) (supplier)

## Sources

- [neobatterymaterials.com](https://neobatterymaterials.com/neo-battery-secures-cad-392k-purchase-order-from-fortune-500-automotive-oem-receives-un-certification/), 2026-09-17: "NEO Battery Materials Ltd. is pleased to announce that it has secured a purchase order agreement valued at approximately $392,000 CAD ($280,000 USD) from its existing North American Fortune 500 automotive OEM customer."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
