CarboMat Inc.

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Earlier this month, CarboMat Inc. was pleased to participate in the Bitumen Carbon Fiber Conference and Workshop hosted by Alberta Innovates at InnoTech Alberta in Edmonton, AB where various leaders both the carbon fiber and oil sands industry came together to discuss the growth of our innovations for commercial-scale operations. In this conference, we were able to share a glimpse of all our recent achievements in our low-cost sustainable carbon fiber technology and how we aim to commercialize this technology to showcase the best Canadian innovation in leading markets. Thanks to Paolo G. Bomben Bryan Helfenbaum John Zhou Murray Gray and TriDung(T.-D.) Ngo, Ph.D. for leading all the important sessions and fostering impactful discussions. As CarboMat Inc. continues to scale-up this innovative technology, we are in constant need for federal and provincial support to drive this Canadian innovation to commercial success. With a clear vision to build the first Canadian carbon fiber manufacturing plant, we need strategic and investment support from government and oil sands industries to fuel this race towards success. Brian Jean Rebecca Schulz Nate Glubish Danielle Smith David J. McGuinty Mark Carney Mélanie Joly

As CarboMat Inc. celebrates over three years of innovation and growth, our team took a moment to come together — along with our families — to reflect on how far we’ve come. From our early days of research and development to leading breakthroughs in low-cost sustainable carbon fiber and battery anode material technologies, the journey has been both challenging and deeply rewarding. To mark this milestone, we took the opportunity to enjoy an evening of team bonding, dinner, and discussions around our next phase of growth — continuing to push boundaries in the advanced materials space and driving a cleaner, more sustainable future. Here’s to many more years of hard work, resilience, and fueling the next phase of Canadian innovation in front of the global ecosystem! 🌱

Last week, CarboMat Inc. was invited to join 'Schulich Innovates', an exciting event organized by the Schulich School of Engineering, University of Calgary and Mitacs to foster collaborations between academia and industry. Our CEO Shabab Saad joined a fantastic panel alongside Carmen Rieder and Mohammad Alikarami and discussed the current challenges and opportunities in building bridges between academia and industry. Thank you to Minli Huang for organizing this event and inviting us to share our experience, as we continue to revolutionize the Canadian economy with our high-value carbon products.

Ease and speed win. That's why investors are choosing Alberta. 🚀 A new MOU with Prodapt to expand operations in Alberta, aiming to generate over $100M over five years. 🚀 CarboMat Inc.’s project creating 1600 jobs and adding $233M to Alberta’s GDP. 🚀 Canadian Natural Resources Limited (CNRL)’s US $6.5B acquisition strengthening our energy sector. 👉 Click to read the latest news: https://lnkd.in/gkrJUhu4 👉 Subscribe now to get each issue delivered to your inbox: https://lnkd.in/gfbSsZAv

Did you catch these Alberta tech funding rounds and exits in August? Congratulations to these tech companies that publicly announced venture capital, grant funding, and acquisitions last month! 𝗙𝘂𝗻𝗱𝗶𝗻𝗴 𝗥𝗼𝘂𝗻𝗱𝘀: • Mastrius: Undisclosed Early VC • Swirltex Inc.: $1.2M USD Early VC • CarboMat Inc.: $1.1M Grant 𝗘𝘅𝗶𝘁: • Ontopical: Acquired by SOVRA 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮𝟬𝟮𝟱 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀:  https://lnkd.in/dgUmXhNW 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝗘𝘅𝗶𝘁𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗦𝘁𝗮𝗿𝘁 𝗔𝗹𝗯𝗲𝗿𝘁𝗮 𝗱𝗮𝘁𝗮𝗯𝗮𝘀𝗲:  https://lnkd.in/dNyVbk22 𝗔𝗹𝗯𝗲𝗿𝘁𝗮 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀: Did we miss your funding round or exit? Reach out to our team at [email protected] for help. #InvestmentNews #AlbertaTech #Funding #Exits #Acquisitions

Last week, the CarboMat Inc. team was honored to host the brilliant minds from Atlantis Research Labs Inc. (Vladimir Mravcak & Leighton Gall), Jerry Zhang, and Deepak Lodhia for a comprehensive tour of our facilities. Together, we explored how CarboMat Inc.’s low-cost, sustainable carbon fiber and battery anode material technologies can reshape the aerospace and UAV industries—driving efficiency, reducing emissions, and enabling next-generation performance. Beyond the technology, we also had an inspiring conversation about forging extensive partnerships to strengthen Canada’s position in the global race for sustainable advanced materials. Our shared vision is clear: build a resilient Canadian ecosystem that can serve the rapidly growing composites and battery materials markets, while making innovation both sustainable and scalable. We are excited about the opportunities ahead and look forward to pushing the boundaries of what’s possible together

Breakthrough Announcement: We are excited to share that CarboMat Inc. has been chosen as one of the winners under the Advanced Materials Challenge call 2025 by Emissions Reduction Alberta (ERA) and has secured a funding of $1,050,000 to scale-up and further develop a bitumen-derived low-cost sustainable battery anode material technology. As global energy demand rapidly approaches terawatt-hour (TWh) scale, building secure and sustainable battery material supply chains in North America has become more urgent than ever. This strategic funding from ERA will enable us to: - Scale up production of low-cost, sustainable hard carbon and synthetic graphite - Support both the rapidly growing Na-ion and Li-ion battery markets - Demonstrate pilot-scale production capacity - Conduct comprehensive coin, pouch, and cylindrical cell testing in collaboration with customers and battery experts - Lay the groundwork for our first commercial-scale facility Thanks to our awesome partners Peak Energy UNIGRID Battery Pacific Northwest National Laboratory ExxonMobil Cenovus Energy Canadian Natural Resources Limited (CNRL) MEG Energy Corp. Southern Alberta Institute of Technology (SAIT) and InnoTech Alberta for their continuous support in this exciting journey. Rebecca Schulz Brian Jean Nate Glubish Danielle Smith Mark Carney

We were truly honored to host Dr. Stephen Lucas, CEO of Mitacs, for a productive and inspiring session at CarboMat Inc. Our discussion focused on how CarboMat Inc. and Mitacs can deepen our collaboration to strategically build and retain top talent in Canada—particularly in the high-impact fields of carbon fiber and battery materials. As we continue our commercialization journey, our need for skilled, highly trained individuals is greater than ever. With Mitacs as a long-term partner, we envision accelerating innovation while ensuring that the next generation of talent is equipped with the expertise needed to develop and deploy disruptive technologies right here in Canada. We’re excited about what lies ahead and look forward to building a stronger, more innovative future together with Mitacs. #CarbonFiber #BatteryMaterials #Innovation #TalentDevelopment #CleanTech #DeepTech #CanadaTech #Mitacs #CarboMat #StrategicPartnerships