Nanocomp CEO Pete Antoinette and I were in the DC area for meetings yesterday and timed our exit from a hotel in a way we’d not expected. As we left Crystal City, we got an incredible fly-over view (straight over our heads) of the Space Shuttle’s flight over the capital. I–along with a thousand or more other DC folks–took video from where we were–right under the flight path. I’m sure there are better videos on the web but here’s mine, uploaded to youtube.
Nanocomp’s CEO Pete Antoinette was featured as one of six “disruptivators” at a well-attended (>200) new NH innovation event called Disruptivate! (http://www.disruptivate.biz). He gave a great ten minute presentation–lots of folks mouthing “wow”s from where I was sitting in the back of the room.
Nanocomp was featured recently in a profile entitled The State of Nanotechnology by an investment adviser whose sponsors are primarily metals and mining companies, particularly precious metals (gold, silver, etc) but also includes copper. Check it out here http://www.caseyresearch.com/cdd/state-nanotechnology.
The Company is in the midst of moving its manufacturing operation to its new Merrimack NH location (57 Daniel Webster Highway), so lots of orange boxes around the Concord office–Concord will remain R&D HQ for the Company. http://www.nashuatelegraph.com/news/955871-196/nanocomp-expanding-into-former-nashua-corp.-site.html
In 2006,the fund I’ve managed since 2003 led Nanocomp’s first VC round. I’ve not stopped talking about it since. Here’s why.
NTI is the only commercial producer of strong, light and conductive sheets, tapes and wires comprised high concentrations of carbon nanotubes (CNTs). Applications for these products include, but are not limited to: reinforcing matrices, EMI shielding, conductive wires, resistance heaters, antenna, structural yarns, and coatings-films.
With multi-millimeter long fibers produced at scale, NTI products are thousands of times longer than other commercial CNT suppliers. NTI’s fiber length not only creates outstanding properties, and enables diverse macro scale formats (sheets, wires, etc) but it also makes for the safest CNT known; unlike those of all other CNT producers, the Company’s products can’t be inhaled or immerse through the skin.
By contrast to other CNT, metals, carbon fiber and polymer composites manufacturers, the Company appears to have the least cost manufacturing process as well. With low cost feed stock, inexpensive capital equipment and a labor efficient process, NTI is poised to offer outstanding economics for customers and other stakeholders.
Its performance and form factor place the Company in the company of metals (copper, aluminum and steel), carbon fiber composites, and polymer composites. NTI’s carbon content makes it the material of choice where metals have problems with corrosion, thermal expansion and contraction and breakage. NTI’s products are often stronger, lighter and more conductive than other such materials by a factor of 3 or more. This is nanotechnology living up to its potential.