Carbon Nanotube Products from Nanocomp
In 2004 when investors began taking interest in the many promises of nanotechnology, one nanomaterial with amazing properties that was often discussed as having disruptive potential was the carbon nanotube. Carbon nanotubes are the strongest, lightest and most conductive material known. While many companies claimed to be developing commercial applications for carbon nanotubes, few made true to their promises 10 years later. One company that did manage to develop commercial applications for the carbon nanotube is Nanocomp Technologies.
About Nanocomp Technologies
Founded in 2004, New Hampshire based Nanocomp Technologies has taken in $22 million in three rounds of funding so far from CEI Community Ventures, Innovation Ventures, and Dupont. Just today the Company announced an award of $18.5 million in additional funding from the US Department of Defense (DoD). Nanocomp’s CNT yarn and sheet materials are currently featured within the advanced design programs of several critical DoD and NASA applications. Just last year, Frost & Sullivan recognized Nanocomp with an award for being a company with a “game changing technology”. Nanocomp’s client list includes Nasa, Lockheed, Boeing, Raytheon, and the US Army, Navy, and Airforce.
The company’s products span across the defense, aviation, automotive, energy, and consumer industries. NTI is presently the world’s only commercial producer of sheet, tapes and conductors and yarns comprised of high concentrations of carbon nanotube fibers and is the only aerospace and defense-qualified carbon nanotube producer on the market. Nanocomp’s EMSHIELDTM sheet material was incorporated into the Juno spacecraft, launched on August 5, 2011, to provide protection against electrostatic discharge (ESD). The Company’s CTex™ CNT yarns and tapes, for example, can reduce the weight of aircraft wire and cable harnesses by as much as 70 percent. While a carbon nanotube mat with a thickness of several business cards can stop a 9mm bullet round, the company’s current focus is on EMI shielding, wires, and cabling. While carbon nanotubes have been touted as the next miracle material for a long time now, Nanocomp Technologies looks to be making this promise a reality.
Pure-play disruptive tech stocks are not only hard to find, but investing in them is risky business. That's why we created “The Nanalyze Disruptive Tech Portfolio Report,” which lists 20 disruptive tech stocks we love so much we’ve invested in them ourselves. Find out which tech stocks we love, like, and avoid in this special report, now available for all Nanalyze Premium annual subscribers.