Nanocomp Technologies develops and commercially produces high-performance materials and component products made from carbon nanotubes (CNTs). Its product lineup includes lightweight CNT-based sheets, tapes, wires and yarns used across aerospace and defense, aviation, automotive, energy and consumer sectors. The company is led by Co‑Founder, President & CEO Peter Antoinette. Nanocomp recently opened a 100,000 square-foot advanced manufacturing facility in Merrimack, signaling expanded production capacity. The company secured a $6M venture loan facility and intends to use the funds for working capital. No revenue or user metrics were disclosed in the article. Future plans implied in the coverage focus on scaling manufacturing and commercial supply through the new facility. Nanocomp Technologies develops performance materials and component products from carbon nanotubes (CNTs). The company is the only commercial producer of CNT-based lightweight sheets, tapes, wires and yarns, offering superior mechanical, thermal and electrical properties for aerospace, defense, aviation, automotive, energy and consumer markets. Its CNT materials are used in a number of U.S. Department of Defense and NASA programs and have been designated “critical for national defense.” Nanocomp recently opened a 100,000 square foot advanced manufacturing facility in Merrimack, NH, increasing production capacity. The company is completing transition into a new volume production facility and plans to use funding to expand manufacturing capacity and underwrite market expansion. Nanocomp has also entered a strategic development relationship with DuPont to jointly develop products targeting ballistics protection, core-structure applications and other markets.

Total raised

$31M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Oct 2013