YMAT · J-Star Holding Co., Ltd. Ordinary Shares

J-Star Holding Co., Ltd. has entered a strategic partnership with Patriot Green Energy Technology Co., Ltd. (PSSB), leveraging PSSB's ITRI-backed solid-state battery technology to establish a fully automated 100 MWh production line in Baytown, Texas. This initiative targets the rapidly growing UAV and drone sectors, with the facility featuring advanced ISO-7 ultra-dry room conditions, vacuum die-coating, and automated stacking for high-density polymer-based batteries exceeding 350 Wh/kg. The project benefits from a U.S. Department of Energy grant application, a secured industrial park parcel, and PSSB's commitment to full technology transfer including on-site support and local workforce development. Aligned with the U.S.-Taiwan ART framework and a landmark $250 billion investment agreement, it positions J-Star to secure supply contracts with U.S. aerospace and defense OEMs, enhancing supply chain resilience and accelerating commercialization in a market projected to expand significantly. CEO Jonathan Chiang emphasized building a secure, friend-shored supply chain amid strong government support and demand from aerospace customers, marking a pivotal expansion into U.S. manufacturing.