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Li-S Energy Limited (ASX:LIS)

ALERT: Price-sensitive ASX Announcement for LIS
Current share price for LIS : $0.130 0 (0%)+
Announcement
Release
30 Apr 2026 8:43AM
Price at Release
$0.130
Full Release
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Summary
Li-S Energy Limited reported their quarterly activities and cash flow for the period ending March 31, 2026. During this quarter, the company experienced net cash outflows from operating activities amounting to $419,000, driven mainly by staff, administration, and research costs. However, they secured $994,000 from investing activities, notably through government grants related to the ARENA Advancing Renewables Program. The company also expanded their Battery Testing Centre to enhance capacity for testing high-power Li-S Power Cells, and received CASA approval for air transport of their energy cells. They initiated collaborations with partners such as Praetorian Aeronautics for battery pack design and MSubs for extreme-depth UUV testing. Li-S Energy is progressing towards a Phase 4 manufacturing scale-up plan, supported by a $7.8 million ARENA grant, with initial efforts involving a feasibility study led by HATCH. These activities indicate a strategic push towards enhancing production capabilities and expanding market reach.
Key Points
  • Net cash outflows from operating activities were $419,000 for the quarter.
  • Net cash inflows from investing activities totaled $994,000.
  • Received first tranche of $1.9 million ARENA funding for Phase 4 Manufacturing Plant feasibility study.
  • Expanded Battery Testing Centre to support increased cell production and testing.
  • Delivered first battery pack to VTOL Aerospace under the EATP programme.
  • Commenced battery design for Praetorian Aeronautics' Dagger Interceptor platform.
  • Prepared for extreme-depth UUV testing with MSubs.
  • CASA approval received for air transport of Li-S Energy cells.
  • Engaged HATCH for Phase 4 manufacturing feasibility study.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.