Gelion (GELN): Mitsui Kinzoku sulfur battery JDA
This situation live
GELN Gelion
7 Aug 2026 · JDA signed; staged payments tied to milestones · −32% until the next step
The JDA provides an option for Mitsui Kinzoku to negotiate manufacturing and distribution rights for Gelion's NES™ CAM for certain territories in Asia.
13 Oct 2026 · PoC agreement signed 13 Oct 2026 · +58% until the next step
to jointly undertake a pilot program to test and evaluate Gelion's proprietary Nano-Encapsulated Sulfur (NES™) cathode active material under conditions relevant to electric vehicle (EV) battery applic
21 Oct 2026 · Agreement signed 13 Oct 2026; OEM funding amount undisclosed · −12% since
Entered into a £2.0 million funded development and scale-up agreement with Mitsui Kinzoku Co. Ltd. to validate NES™ CAM across automotive, stationary storage, consumer electronics, aerospace and defen
Mitsui Kinzoku sulfur battery JDA
Agreement signed 13 Oct 2026; OEM funding amount undisclosed
Every step · 3
- 7 Aug 2026 JDA signed; staged payments tied to milestones – The JDA provides an option for Mitsui Kinzoku to negotiate manufacturing and distribution rights for Gelion's NES™ CAM for certain territories in Asia. ↗
- 13 Oct 2026 PoC agreement signed 13 Oct 2026 – to jointly undertake a pilot program to test and evaluate Gelion's proprietary Nano-Encapsulated Sulfur (NES™) cathode active material under conditions... ↗
- 21 Oct 2026 Agreement signed 13 Oct 2026; OEM funding amount undisclosed – Entered into a £2.0 million funded development and scale-up agreement with Mitsui Kinzoku Co. Ltd. to validate NES™ CAM across automotive, stationary... ↗
What is happening
Gelion: Mitsui Kinzoku sulfur battery JDA – Agreement signed 13 Oct 2026; OEM funding amount undisclosed. ['Agreement signed 13 Oct 2026; OEM funding amount undisclosed']
- In short
- On 13 Oct 2026 Gelion announced a co-funded proof of concept with an unnamed top-five global automotive OEM, a week after the top-15 OEM material testing agreement (6 Oct 2026). The 21 Oct 2026 final results list both as post-period commercial engagements. No funding amount, duration or milestone dates are given.
- Announced
- 7 Aug 2026 · JDA signed; staged payments tied to milestones
- Latest
- 21 Oct 2026 · JDA signed; reported as post-period event in FY26 results
- Partner
- Unnamed top-five global automotive OEM
- Scope
- Evaluate NES™ sulfur cathode technology and NES™ CAM for EV battery applications
- OEM contribution
- Engineering expertise, testing facilities and part of the funding; amount not stated
- Gelion role
- Complementary testing to correlate performance data throughout the programme
- Next milestone
- No dates, duration or value given
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Gelion – company page →