Mr. Henry Dubina reports

TELESCOPE INNOVATIONS EXPANDS LITHIUM DEVELOPMENT INFRASTRUCTURE AND ACHIEVES KEY MATERIAL VALIDATION MILESTONES

Telescope Innovations Corp. has provided an update on the progress of its lithium processing portfolio. Its focus remains on securing a sustainable, onshore supply of critical battery materials through its proprietary DualPure and ReCRFT technologies.

Facility expansion: enhancing lithium research and development capability

To support the development of its lithium programs, Telescope has secured a lease for additional laboratory and scale-up space:

• Strategic location: The new facility is located directly across from the company's primary labs at the University of British Columbia, creating a localized innovation hub.
• Dedicated purpose: This expansion is specifically designed to house the specialized infrastructure required for the company's lithium processing streams, including process reactors and analytical equipment for characterizing high-purity, air-sensitive and battery raw materials like lithium sulphide.
• Operational path: The company is focused on a disciplined outfitting of this space. Its priority is ensuring the facility is fully commissioned to process and analyze lithium chemicals to the stringent technical standards required for future scale-up activities.

ReCRFT: validation in battery recycling

Its ReCRFT (recrystallization refinement technology) is demonstrating its ability to produce battery-grade lithium carbonate from recycled streams:

• Battery cell milestone: The company is pleased to announce a significant technical validation with a battery recycling partner. Its partner integrated Li2CO3 produced through the ReCRFT process into its workflow, manufacturing a functional battery cell using that material.
• Closing the loop: This achievement confirms that Telescope's technology can effectively transform lithium recovered from black mass back into a high-value material ready for immediate use in the battery supply chain.

DualPure: advancing the solid-state supply chain

The DualPure process offers a novel, low-temperature route to high-purity lithium sulphide, a critical component for next-generation solid-state batteries:

• Market engagement: Telescope is currently engaged in advanced technical discussions with several Asian and North American industry leaders in the solid-state battery sector.
• Development partner: The DualPure program continues to advance in partnership with Standard Lithium Ltd., which has participated in financing the development. By utilizing high-quality feedstocks provided by Standard Lithium, it is demonstrating a scalable path for high-purity Li2S production.

Moving forward

With an expanded physical footprint and successful material validation, Telescope is well positioned as a technology provider in the lithium material space. It looks forward to providing further updates as it completes the commissioning of its new UBC facility and progresses its commercial discussions.

"Today's milestones strengthen Telescope's position as a key technology provider in the North American lithium supply chain," said Henry Dubina, Telescope chief executive officer. "With our UBC facility expansion and the validation of our ReCRFT and DualPure processes, we're demonstrating how physical AI and self-driving labs can accelerate the development of advanced processes for manufacturing battery materials."

About Telescope Innovations Corp.

Telescope is a developer of intelligent automation and advanced chemical manufacturing technologies. The company builds and deploys enabling technologies including flexible robotic platforms and artificial intelligence software that improve experimental throughput, efficiency and data quality across the health and sustainability sectors.

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