Graphite One Welcomes Pentagon Report Endorsing Tax Credits and Allied IP Licensing to Build U.S. Battery Equipment Manufacturing Capacity

CEO: "Graphite One welcomes the Pentagon's pragmatic recommendations for targeted tax credits, co-investment mechanisms, and the establishment of a framework for licensing established non-core manufacturing technologies to rebuild domestic battery equipment manufacturing" VANCOUVER, BC , June 4, 2026 /PRNewswire/ - Graphite One Inc. (TSXV: GPH; OTCQX: GPHOF) ("Graphite One" or the "Company") today welcomed the release of a new Pentagon report recommending the creation of targeted production and investment tax credits, a co-investment fund, and the establishment of a framework for licensing established non-core manufacturing technologies from allied nations' suppliers for equipment used to manufacture advanced batteries. The report, developed with the interagency Federal Consortium for Advanced Batteries as reported by POLITICO (click here), represents a significant policy signal supporting the build-out of domestic capabilities in a sector currently dominated by Asian suppliers (92% market share).