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 recently announced that it has entered into an agreement with a syndicate of underwriters co-led by Echelon Wealth Partners and National Bank Financial to raise, on a bought deal public offering basis, approximately CAD$40 million (around USD$31.4 million).
The Company intends to use the net proceeds for battery initiatives, debt reduction, sales and marketing of graphene and for general corporate purposes.
NanoXplore announces purchase order from Martinrea International to supply graphene for fuel and brake lines for passenger vehicles
NanoXplore recently reported that it received a blanket purchase order from Martinrea International to supply graphene for fuel and brake lines for passenger vehicles produced by North American automotive Original Equipment Manufacturers (“OEM”).
These graphene-enhanced products were tested and approved by OEMs and reportedly demonstrate significant lifetime improvements in comparison with existing solutions in the market. These parts will be supplied to OEMs by Martinrea within already-awarded multi-year fuel and brake line supply programs.
NanoXplore has announced the completion of the commissioning of its state-of-the-art 4,000 metric tons/year commercial graphene capacity facility in Montreal, Province of Quebec.
NanoXplore’s new graphene facility is a fully automated production plant that enables a connected, flexible and continuous manufacturing system. Production automation ensures the highest level of product quality, from receipt of raw materials, to final packaging of NanoXplore’s GrapheneBlack powders. The new facility uses lean production techniques to manage all operational processes and all process inputs are managed by Programmable Logic Controllers (PLCs). The lack of manual processes within the production line facilitates batch-to-batch product consistency complimented with the highest level of quality assurance.
NanoXplore recently announced that it has entered into an agreement with Echelon Wealth Partners to raise, on a bought deal private placement basis, approximately CAD$25,000,000 (around USD$17.6).
The Company intends to use the net proceeds of this raise to support sales and marketing of graphene, research initiatives particularly related to the use of graphene in Li-Ion batteries, U.S. expansion, working capital and general corporate purposes.
NanoXplore recently shared updates on its new graphene production facility in Quebec, currently housed within an existing 70,000 square foot building. The Company said that all major equipment has been delivered and secured in their physical location within the facility. Mechanical and electrical connections of the equipment are ongoing and are expected to be completed by early February.
Hydro-Québec has provided all power requirements for the commercial production of the 4,000 metric tons/year capability graphene production facility. The new graphene facility will be a fully automated production plant that will enable a connected and flexible manufacturing system. The facility will also become NanoXplore’s new Corporate Headquarters.