Li-S Energy (ASX:LIS) entered the second half of FY26 on a high note, reporting significant technological and financial milestones for the period ended Dec. 31, 2025.
The company's momentum is anchored by a massive $7.8 million matched funding grant from the Australian Renewable Energy Agency.
The capital injection is earmarked for Phase 4 feasibility and manufacturing optimisation studies, providing a clear, fully funded roadmap to scale production to a target of 1GWh per year.
Technologically, the company has achieved a "sovereign first" by commissioning Australia’s first integrated lithium metal foil production line.
The move not only secures their internal supply chain but opens a new revenue stream through external foil sales.
On the product front, the development of a next-generation "power cell" architecture aims to balance high energy density with increased power output, specifically targeting high-growth sectors like multi-rotor drones and advanced wearables.
Li-S Energy is advancing its commercial strategy by exploring staged development financing and engaging with potential joint venture partners and government agencies.
At the time of reporting, Li-S Energy's share price was $0.14.