ANS Teams Up with Owens Corning to Develop New Composite Materials

Applied NanoStructured Solutions LLC (ANS), a wholly-owned subsidiary of Lockheed Martin Corporation (NYSE: LMT) and Owens Corning (NYSE: OC) have signed a joint development agreement to support the commercialization of carbon-enhanced reinforcements.

Under the agreement, the companies plan to combine the carbon infusion technology of ANS with Owens Corning's reinforcements expertise to create a family of next-generation composite materials. The companies expect the carbon-enhanced reinforcements to be scalable to meet the demands of large-volume applications and provide mechanical properties with customizable electrical and thermal conductivity.

"Joining together with Owens Corning is a natural next step as we look to scale up our production capabilities," said Jeff Napoliello, president of ANS. "We expect that this agreement will permit us to shorten the development time to produce customizable material attributes for commercial and defense applications."

"This agreement builds on key strengths of both companies to drive the speed and efficiency in bringing new materials to market," said Chuck Dana, president of the Owens Corning Composite Solutions Business. "Potential applications range from wind turbines for renewable energy to protective packaging for electronics to composite armor for defense applications."