NanoXplore Inc.
NanoXplore Inc.
Sector: Industrial
Description
NanoXplore Inc manufactures and supplies high-volume graphene powder to different industries including transportation, packaging, film, pipe, electronics, and others.
The Montreal-based company operates through its facilities in North America and Europe.
NanoXplore Inc says its customized graphene-enhanced plastic products are highly demanded due to the efficient properties of graphene.
Graphene makes is a strong and best electricity and heat conducting material. NanoXplore’s primary product line includes the signature graphene powder GrapheneBlack. The carbon technology is considered a clean, patented graphene-enhanced solution that the company provides to its customers in different industrial sectors.
NanoXplore focuses on increasing the commercial viability of its product and improve the properties of polymers and plastic. Its usage is not restricted to plastic and polymers but is suitable for applications in a wide range of industries like wires and cables and electronic packaging.
The graphene-based product manufacturer is listed on the TSX Venture Exchange under the stock symbol of ‘GRA’. In April 2020, the graphene producing firm created its own graphene battery initiative after an extensive research and development for more than five years.
Its strong IP portfolio and knowledge within multiple graphene battery applications is secured through its carbon technology group. The company intends to add GraphineBlack product to Li-Ion chemistries in silicon-enabled Li-ion anodes to increase the charging speed and energy capacity.
The potential customer segment for this graphene enabled batteries can be energy storage systems, electric vehicles, electric trucks, and buses.
This price advantage can benefit NanoXplore to penetrate the battery supply chain.
The company owns and operates three subsidiary companies as a part of a composite group that serve a large OEM customer base by providing precision injection molding and large composite plastic bags.
The three divisions are RMC, CEBO and FAROEX.
NanoXplore acquired RMC in September 2018 from Sigma Industries. RMC is responsible for the manufacturing of molded plastic and composite parts and assemblies. RMC holds a strong commercial grip in the transportation, agriculture, and construction sectors along with a decent foothold within commercial trucks and bus transit market.
NanoXplore publishes its investor related documents on the official website where users can also find sustainability reports and practices conducted by the company.
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