Li-S Energy (ASX:LIS) Signs Defence Collaboration for Battery Cell Testing, Share Price up 45%

Wed 25 Jun 25, 02:54 AM | Team Kalkine

Image source: Shutterstock

Highlights:

LIS enters cell supply agreement with global defence technology company for military testing.

The company to deliver first batch of Li-S cells for evaluation in next quarter.

LIS targets defence sector expansion amid rising demand for unmanned and wearable systems.

LIS share price gained 45% on Wednesday to AUD 0.14 per share.

Share price of Li-S Energy Limited (ASX:LIS) jumped 45.16% to AUD 0.14 per share on Wednesday after the company announced that it has entered into a formal collaboration and cell supply agreement with an unnamed global defence technology partner. The partner specialises in integrated systems development and supplies military and security solutions to clients worldwide, including in the U.S., Europe, and Australia.

Under the collaboration, Li-S Energy will supply its battery cells for testing by the defence company. The tests will evaluate performance and safety of the lithium-sulfur cells in various defence-related applications, with a focus on soldier systems and unmanned aerial, land, and maritime platforms. These systems rely on battery power, and improving energy storage is increasingly important in modern military operations.

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