TAICHUNG CITY, Taiwan, Feb. 23, 2026 — J-Star Holding Co., Ltd. (Nasdaq: YMAT) (“J-Star” or the “Company”), a leading provider of innovative carbon fiber and composite solutions for diverse applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services, today announced it has entered into an exclusive global distribution agreement with Patriot Green Energy Technology (“PSSB”).
PSSB is a top industry developer and manufacturer of next-generation solid-state battery technology for high-performance and defense applications, with a large minority ownership by (“ITRI”)—one of Taiwan’s most prominent applied research institutions and a globally recognized technology incubator. ITRI is a trusted partner in the U.S., as demonstrated by its recent signing with the Association for Uncrewed Vehicle Systems International (“AUVSI”) as a for the Green USA Program.
Under this agreement, J-Star will serve as the sole exclusive global distributor of PSSB’s products in the “Electric Assist Bicycles and Electric Motorcycles” segment, while holding non-exclusive distribution rights for other PSSB offerings.
“We are proud to expand our partnership with PSSB and formalize our exclusive distribution relationship following the signing of our MOU earlier this year,” said Jonathan Chiang, Chairman of J-Star. “PSSB is the gold standard in solid-state battery development, and our partnership gives J-Star a unique position to leverage Taiwan’s ITRI’s world-class R&D heritage. We believe this agreement significantly strengthens J-Star’s role in the energy storage ecosystem for sports equipment applications and enhances our product portfolio.”
About J-Star Holding Co., Ltd.
J-Star (NASDAQ: YMAT) is a holding company with operations through subsidiaries in Taiwan, Hong Kong, and Samoa, and its headquarters in Taiwan. The company’s predecessor group was established in 1970, accumulating over 50 years of know-how in the material composites industry. J-Star develops and commercializes technology for carbon reinforcement and resin systems. With decades of composites and materials expertise, J-Star designs and manufactures a wide range of lightweight, high-performance carbon composite products—from key structural parts of electric bicycles and sports bikes, rackets, and automobile parts to healthcare products. Visit and to learn more.
Forward Looking-Statements
Certain statements in this press release about future expectations, plans, prospects, and other non-historical matters may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements regarding expected trading commencement and closing dates. Words like “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions identify forward-looking statements, though not all use these terms. Actual results may differ materially from those indicated due to factors including market condition uncertainties and risks outlined in the “Risk Factors” section of the final prospectus filed with the SEC. Investors are cautioned not to place undue reliance on these statements. Any forward-looking statements speak only as of the date hereof, and J-Star disclaims any obligation to update them except as required by law.
Contact:
Matt Chesler, CFA
FNK IR
646-809-2183
