News Column

United States : NanoTechnologies wins $2.7M in funding to increase Production Capacity

August 11, 2014

NanoTechnologies Inc., a Norman-based technology firm announced that it has bagged $2.7 million in financing for including more staff as well as raise its production capacity.

The firm also yields carbon nano tube materials which is utilized in printed electronics, energy storage and composites applications.

As per Dave Arthur, SouthWest NanoTechnologies Inc. President, We need to add to our capacity to meet the demand for our specialty multi-wall products driven by our strategic partnerships and distribution agreements.

This additional funding will also be used for (research and development) to develop additional carbon nanotube materials and inks that meet customer specifications.

Nevertheless, firm also aims to inject in ramping up its catalyst operations, which provide the feedstock to make nanotubes.

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Source: TendersInfo (India)

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