Jan 13 2011
Arkansas-based NanoMech, Inc. announced today that it has acquired Canadian Nano Technologies, LLC (Canano).
Canano provides custom engineered nanopowders designed to solve unique problems, adding value to products that span multiple industries including electronics, agriculture, solar energy, and aerospace. The company was founded to develop and commercialize applications of pure metal nanopowders. Using a proprietary gas condensation process partially based on research carried out at Los Alamos National Laboratory, Canano produces a wide variety of high-quality nanoparticles. Their proprietary process is unique and offers significant improvements over other nanoparticle production/collection processes.
Canano manufactures custom engineered nanopowders used in both industrial and consumer applications.
NanoMech is a leading designer and manufacturer of nanoparticle-based additives, coatings and coating deposition systems.
Jim Phillips, Chairman and CEO of NanoMech, said, “We’re excited about this acquisition as it brings Canano’s novel nanomaterial production capability and new knowledge jobs into our technology portfolio, creating important synergies that will benefit our current products and those under development. It also accelerates our entry into new markets depending on nano-scale solutions such as electronics, agriculture, and the aerospace industry, where Canano has a good customer base and a great reputation for quality products. Consequently, we are adding two nanopowder synthesis reactors to our factory in Springdale immediately that will provide advanced nanopowders to customers around the world.”
Richard Tacker, Founder and CEO of Canano said, “Our customers have seen the value that our custom-engineered nanopowders bring to their products, and as a result the demand for our materials is growing rapidly. By joining NanoMech we can take advantage of their excellent management team, nanomanufacturing expertise, and scale up our production capacity to serve existing and future customers.”
Dr. Ajay P. Malshe, NanoMech’s Founder, Executive VP and CTO, added, “By combining Canano’s unique nanomaterial synthesis capabilities with our ability to manufacture nano-engineered additives, coatings and composites, we will enhance our current product offerings and lead to new product breakthroughs.”
The nanopowder technology applications include advance methods of improving: nutrient replacement fertilizers and environmentally safe pesticides and conductive inks for printed circuit boards, RFID’s, photovoltaic printed solar cells, solar connectors, surface coatings, new generation ballistics, RF shielding, self-cleaning surfaces, solar heaters, condensers , silicon wafers, solid rocket fuels, and primers. Other applications include textiles, nano fabrics for clothing and car seat covers, odor free materials, cosmetics, sunscreens, deodorants, lip balm, cleansing products, surface protectants, cleaning chemicals, antibacterial coatings, scratch resistant surfaces, thermal barriers, super hydrophobic, dielectrics, wound dressings, lighter, stronger sports equipment, smart materials, air purifiers, water filtration and bio-aerosols, safety, sun and high definition glasses, non-reflective and smart shielding, odor free refrigerators and washing machines, automotive parts, chip resistant paints, non-corrosives, cement, concrete, and fuel savers, and much more.