NanoXplore is a graphene company, a manufacturer and supplier of high-volume graphene powder for use in industrial markets.
The company provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. NanoXplore is headquartered in Montreal, Quebec with manufacturing facilities in Canada, the United States and Europe.
NanoXlore's yearly graphene production capacity is 4000MT.
NanoXplore is a public company that trades in the Canadian stock exchange (CVE:GRA).
The latest Nanoxplore graphene news:
NanoXplore and Solmax Group have announced that they have entered into a blanket purchase order, following several years of collaborative work.
The five-year collaboration between the two companies has reportedly resulted in a product and Solmax CEO, Jean-Louis Vangeluwe, said: “This cooperation underscores our commitment to delivering growth through forward-looking innovation and collaboration. Our five-year development collaboration with NanoXplore will allow us to launch a next-generation product based on graphene technology that solves some of our customers’ sustainability challenges while also boosting performance.”
VoltaXplore, a 50/50 joint venture between Martinrea International and NanoXplore aimed at commercializing the production of graphene-enhanced lithium-ion batteries for the electric vehicle market, recently announced the commissioning of its one megawatt-hour demonstration facility in Montreal, Quebec.
The facility is producing batteries, which are currently being optimized. The company expects graphene-enhanced batteries will have several advantages over existing products in the market today, such as greater capacity, increased battery life, faster charging speeds, and improved safety. Tests aimed at validating these benefits are ongoing, with reportedly encouraging results to date.
Graphene producer NanoXplore announced that it is raising $30 million CAD, selling shares to a syndicate of underwriters led by National Bank Financial Inc. and Canaccord Genuity Corp.
NanoXplore says it will use the funds for general corpoate purposes - which may include potential acquisitions. A few months ago the company announced it has acquired Canuck Compounders, a privately held plastic recycling compounder that provides sustainable and engineered recycled plastic compounds.
NanoXplore announced that it has acquired all of the issued and outstanding shares of Canuck Compounders, a privately held plastic recycling compounder that provides sustainable and engineered recycled plastic compounds for use in transportation, building and construction, agriculture and packaging markets. Canuck's manufacturing facility, based in Cambridge, Ontario, has a production capacity of approximately 40 million pounds annually.
"I am very pleased with this acquisition and would like to welcome Canuck's team to the NanoXplore family," said Dr. Soroush Nazarpour, Chief Executive Officer of NanoXplore. "This acquisition is strategically aligned with our growth initiatives and significantly increases our graphene compounding capability, especially in recycled plastics and will enable us to form strategic partnerships with end customers. In addition, Canuck has a strong relationship with recycled plastic suppliers that ensures a smooth and reliable supply of post-consumer and post-industrial recycled plastics. This transaction will enhance our technical expertise in recycled plastic compounds and bolster our top-line by approximately $20 million annually, without considering revenues derived from graphene inclusion."
Graphene producer NanoXplore announced that the Corporation's common shares are starting to trade on the Toronto Stock Exchange (TSX). The shares will delist from the TSX Venture Exchange. The ticker symbol will remain GRA. This stock graduation will hopefully mean further exposure and and enhanced profile for NanoXplore.
NanoXplore recently announced announced a joint venture with its partner Martinrea International called VoltaXplore Inc., formed to develop electric vehicle (EV) batteries enhanced with graphene. Last month NanoXplore announced that it has entered into a multiyear agreement to supply GrapheneBlack grade of products to Techmer PM, a large U.S-based plastic compounder specializing in modifying and fine-tuning the properties of technical polymers.