Angstron Materials installed new dry rooms, will raise $8-10 million to scale up production

Angstron Materials installed new dry rooms in a building space adjacent to its manufacturing facility. The company is also seeking to raise an additional $8 million to $10 million to scale up production and bring its technology to the marketplace.

The company received specialized HVAC and dehumidification equipment earlier in 2013 and installed them in the new dry rooms. Angstron says that these new rooms provide a controlled environment that will allow them to accelerate the development and production of their nano graphene anode material for high performance batteries.

Posted: Jun 16,2013 by Ron Mertens