Angstron Materials has announced the establishment of a sister company called EnerG Nano, that is looking to invest around $20 million to open a production facility in Miamisburg. The company has picked a developer and a site at the Mound campus, but is still working to line up investors and incentives before making a commitment.

It seems that the plan is for Angstron to sell graphene to EnerG Nano, which would use it to make energy storage devices such as lithium-ion batteries. To boost production, Angstron is ramping up for a more than $1 million expansion that would more than double its space, according to an economic grant application. The investment would go toward purchasing a nearby 26,000-square-foot facility as well as renovations and equipment.

This should significantly increase the company's capacity of 300 metric tons per year, and result in more than 1,000 metric tons per year with the expansion. The company's aim is to quickly bring down the cost of graphene and encourage its use by electronics manufacturers. If successful, Angstron should see a massive rise in sales.

Angstron also unveiled plans to license graphene production processes to select partners worldwide, an approach that will create a graphene ecosystem that can foster innovation and tear down walls that have inhibited global collaboration, according to the company's CEO, and in turn this should equip manufacturers to develop graphene-based products that range from everyday items to inventions that are truly life-changing.

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