NanoXplore

NanoXplore has announced that it is launching, together with Techmer PM, a new graphene-enhanced masterbatch solution designed for high-performance plastic film applications. The new product line, branded GrapheneBlack xGnP™ Masterbatch, targets film manufacturers looking to improve mechanical performance and sustainability in flexible packaging.

According to the companies, the graphene-enhanced films can achieve more than 70% improvement in key mechanical properties compared to conventional formulations at similar thickness. They also report that the technology can enable up to 20% downgauging (thickness reduction) while maintaining required tensile, tear, and puncture performance, potentially reducing material consumption and overall film weight.

NanoXplore has announced the launch of xGnP™ D500-HP, a high-purity graphene powder engineered for highly conductive applications, including but not limited to energy storage, conductive composites, and advanced electronics. 

D500-HP is produced via NanoXplore's proprietary dry-process manufacturing platform, with verified purity of 99.8% at full commercial volumes. With a surface area of 500 m²/g, at the high end of commercial-scale graphene powders, D500-HP delivers electrical conductivity and static-dissipation (ESD) performance comparable to leading conductive carbon blacks, while providing more than twice the flexural (bending) strength and stiffness. 

NanoXplore has shared an optimistic update with shareholders, as President and CEO Rocco Marinaccio marked his first 120 days in the role. Marinaccio emphasized the company’s strengthening fundamentals, significant commercial traction, and accelerating path toward large‑scale graphene adoption.

Over the past four months, NanoXplore has secured new agreements with Club Car, Volvo Trucks, and Chevron Phillips Chemical (CPC) - partnerships that highlight the widening scope of graphene-enhanced materials across transportation, recreational mobility, and energy sectors.

• Club Car partnership: Marks NanoXplore’s entry into the recreational vehicle market, supported by a new manufacturing facility in Statesville, North Carolina.
• Volvo Trucks: An additional CA$10 million (around US$7.2 million) award brings NanoXplore’s near-term revenue pipeline to about $50 million.
• Chevron Phillips Chemical (CPC): A multi-year deal for NanoXplore’s Tribograf™ graphene powder for oil and gas applications. With an estimated market potential of 70,000 wells annually (averaging 2 tonnes of powder per well), this collaboration could open large commercial pathways for graphene use in drilling fluids and wear reduction.

NanoXplore has reported its second‑quarter 2026 results, that can be said to show a company in transition: revenue has gone down from last year, but the underlying business health is improving, and management is tightening its focus on higher‑return opportunities.

Revenues landed at about CAD 27.6 million ( around USD 20.3 million), roughly 17% lower than the same quarter last year, mainly because two of its largest customers pulled back and project‑related tooling revenue fell. The company’s gross profit margin held up well - around 21.5% - which is slightly better than a year ago. The company’s cash position at the end of the quarter stood at about CAD 30 million (around USD 22.1 million) , giving it a solid runway to fund ongoing projects and R&D without immediate balance‑sheet pressure.

NanoXplore has announced it has entered into an exclusive, long-term supply agreement with Club Car, a leading name in the recreational products industry.

This partnership will support the production of graphene-enhanced, high-performance solutions. The addition of Club Car to NanoXplore's customer portfolio marks a milestone in the Company’s diversification strategy, the Company stated, expanding its reach and revenue opportunities beyond its traditional focus in the transportation sector.

NanoXplore has announced a bought deal private placement for gross proceeds of CA$25,000,080 (almost US$18 million).

The net proceeds will be used to support future growth by investing in dry graphene expansion, and for general corporate and working capital purposes.

Volatus Aerospace, a Canadian company focused on aerial intelligence and unmanned aircraft systems, and VoltaXplore, a joint venture between Martinrea International and NanoXplore aimed at commercializing the production of graphene-enhanced lithium-ion batteries for the electric vehicle market, have announced the signing of a Letter of Intent for the future supply of Canadian-made lithium-ion battery cells to power Volatus’ next-generation drones.

This strategic agreement strengthens Volatus’ product differentiation and supply chain security while positioning both companies for growth across civil, defense, and Arctic surveillance markets. By securing a domestic source of advanced, silicon-dominant battery cells, Volatus strengthens domestic sourcing and supply management, enhances technological self-reliance, and aligns with anticipated federal investments in Canadian manufacturing capacity.

NanoXplore has announced that it has entered into a 'significant supply agreement' with Chevron Phillips Chemical (CPChem). This multi-year supply contract is to provide Tribograf™, a proprietary carbon product produced in NanoXplore’s graphene production facility in Montreal, Canada.

Drilling Specialties, a division of CPChem, alongside NanoXplore, developed and tested formulations based on Tribograf^TM for use as a lubricant in oil and gas drilling fluids. This lubricant is trademarked as NanoSlide and is currently commercial, with reportedly successful customer feedback and production orders underway.

NanoXplore has released its financial results for the year ending June 30, 2025. The company experienced a drop in revenues compared to the previous year, with both quarterly and annual totals slightly down. Despite this, NanoXplore managed to maintain stable profitability at the operational level, as reflected in steady adjusted EBITDA and improved profit margins. The company also reduced its long-term debt and maintained a solid liquidity position.

For the fourth quarter, NanoXplore generated approximately C$31.7 million (over US$23 million) in revenue, down from C$38.1 million (almost US$28 million) the previous year, and ended the period with a loss just over C$2.3 million (US$1.6 million) - slightly less than the prior year. Annual revenues were about C$128.9 million (US$94 million), with a yearly loss of C$9.7 million (US$7 million), marking a reduction from the previous year's C$11.7 million (US$8.5 milion) loss. 

NanoXplore has reported its financial results for the three-month and nine-month periods ended March 31, 2025. Key financial highlights for Q3-2025 include total revenues of CAD$30,446,165 (around USD$21,770,000) compared to CAD$33,867,747 (about USD$24,200,000) last year, representing a 10% decrease; Loss of CAD$1,747,714 (around USD$1,250,000) compared to CAD$3,089,430 (around USD$2,209,000) last year.

In addition, the total long-term debt stands at CAD$4,940,740 (about USD$3.533.000) as of March 31, 2025, down by CAD$1,405,763 (USD$1,005,000) compared to June 30, 2024.