Research Coverage on Small and Micro-Cap Companies, Zacks Small Cap Research

Zacks Small Cap Research

Zacks Small Cap Research provides research coverage on small- and micro-cap companies that are “under-followed” or “under-valued” by Wall Street. We produce high quality equity research for the institutional and retail investor on microcap firms we believe are well positioned for future growth. The Zacks SCR analyst team has an average of 20 years of experience in investment research. We conduct significant due diligence in an effort to maintain the highest quality small-cap universe.

Research Coverage on Small and Micro-Cap Companies

Equity Bottom-Up

<ul><li>NVX has binding long-term offtake agreements to supply synthetic graphite to multiple key players, including Panasonic Energy, Stellantis, and PowerCo. In the aggregate, NVX already has 20k tonnes per annum (tpa) capacity fully allocated under these agreements.</li><li>During 1H 2025, NVX completed the installation of nearly all the mass production equipment it needs for Panasonic.</li><li>Moreover, in 1H25, the company supplied samples of synthetic graphite material to 13 different customers and potential customers for their evaluation & qualification.</li></ul>

NVX has binding long-term offtake agreements to supply synthetic graphite to multiple key players, including Panasonic Energy, Stellantis, and PowerCo. In the aggregate, NVX already has 20k tonnes per annum (tpa) capacity fully allocated under these agreements.During 1H 2025, NVX completed the installation of nearly all the mass production equipment it needs for Panasonic.Moreover, in 1H25, the company supplied samples of synthetic graphite material to 13 different customers and potential customers for their evaluation & qualification.

NVX: Expanding Production Capacity for Offtake Agreements & as Multiple Potential Customers Sample Materials

Novonix

NVX: Expanding Production Capacity for Offtake Agreements & as Multiple Potential Customers Sample Materials