Sep 5 2006
At the end of June, Nanoledge raised 1 million euros from financial investors who have been supporting it ever since it was formed. The success of this recent fund raising effort confirms the commercial potential of "Nano In" technology in the high performance composites market.
Philippe CAPDEVIELLE, Chairman of the Board of Directors of EMERTEC GESTION, the major investor in the financial pool points out: "With the recognised technological progress it has made on the international scene together with the recent fall in the price of Carbon Nanotubes, Nanoledge aims to be a player in the Nano Composite market that one should watch".
Nanoledge was formed in 2001, the product of a spin-off from the CNRS (the National Scientific Research Centre in France) as a result of research being carried out in the Nanotechnology field. Initially, a producer of Carbon Nanotubes, Nanoledge has in recent years moved in to the industrial value chain focussing on the development of integration technologies, essential elements for optimum transference of intrinsic Carbon Nanotube properties into a finished product.
In this process, Nanoledge designs, develops and markets proprietary "Nano In" technology that will enable Carbon Nanotubes to be integrated into various polymer matrices.
The products developed from this technology allow you to discard the traditional behavioural limits for composites, because of improvements in their mechanical performance, their electrical conductivity or their thermal conductivity.
Because of the mature stage of development that its products have reached, their read-to-use state and because of their performance which has been certified by the largest characterisation facilities in Europe, Nanoledge has since 2006 been turning its attention to the applied composite market in the Sports sector , as well as having involvement in co-development projects with the largest players in the aeronautics, automobile and electronics industries.
Nanoledge intends to rely on this new source of funds to increase the rate of expansion and marketing of its NANO-IN technology based products, to continue with its R&D efforts, to set up a network of industrial partners and to become a major player in the international Nano Composite market.
Its CEO, Franck BENNARDI summarises his objectives as follows: "We have to get beyond the Nano effect so that we can move towards Nano performance. The company now has its sights set on two types of market, the sports market which is a niche market in which Nanoledge has already concluded some contracts and other markets such as the plastics technology, the automobile, the aeronautics and the construction markets working in co-development partnerships with industrial partners."