NanoXplore Inc - NNXPF stock
OTC Symbol: NNXPF | OTC Tier: OTCQX U.S. | Related ticker symbols: TSX: GRA.TO
About NanoXplore[edit]
NanoXplore Inc. is a graphene-focused company based in Montreal, Quebec, specializing in the production of high-volume graphene powder for various industrial and transportation markets. The company also manufactures and supplies graphene-enhanced plastic and composite products and is involved in producing silicon-graphene-enhanced lithium-ion batteries for electric vehicles and grid storage markets. NanoXplore operates manufacturing facilities in Canada, the United States, and Europe.[1]
Operations[edit]
Products[edit]
NanoXplore Inc. is focused on the development and commercialization of several advanced products that leverage the unique properties of graphene. These products highlight NanoXplore’s goal to leveraging graphene’s exceptional properties to create innovative solutions across multiple industries.
- Graphene Powder: NanoXplore produces high-volume graphene powder that is used in various industrial applications. The graphene powder is a key material in enhancing the properties of plastics and composites, making them stronger, lighter, and more conductive.
- Graphene-Enhanced Plastics and Composites: The company supplies standard and custom graphene-enhanced plastic and composite products. These materials are used in transportation, packaging, electronics, and other industrial sectors to improve performance characteristics such as strength, durability, and thermal conductivity.
- Silicon-Graphene-Enhanced Lithium-Ion Batteries: NanoXplore is developing silicon-graphene-enhanced lithium-ion batteries for electric vehicles and grid storage markets. These batteries are designed to offer better energy density, longer life cycles, and improved overall performance compared to traditional lithium-ion batteries.
- Advanced Material Segment Solutions: NanoXplore offers advanced material solutions that include a range of graphene-based products designed to meet specific customer needs in various industrial applications. This segment focuses on integrating graphene into existing manufacturing processes to enhance product performance and efficiency.
- Custom Graphene Applications: NanoXplore is also engaged in developing custom graphene applications tailored to specific industry needs. This includes working with clients to create bespoke graphene formulations that can be used in unique ways to solve particular problems or improve product performance.[2]
Production[edit]
The company increased its production capacity at its Quebec plant to meet higher customer demand. This expansion is part of NanoXplore’s broader strategy to scale up its operations and enhance its service offerings.[3]
Pilot Lines[edit]
In December 2023, NanoXplore successfully commissioned pilot lines for graphene-enhanced silicon and anode active materials, which are crucial for battery applications. This development underscores the company’s commitment to innovation in graphene technology.[3]
Funding[edit]
In April 2024, NanoXplore closed a new CAD 60 million credit facility to support its five-year strategic plan. This funding aims to bolster its expansion and development efforts (Stock Analysis).[3]
- ↑ Business Insider. NanoXplore Reports Results for its Q3-2024. May 14, 2024.
- ↑ nanoxplore.com. Product. Retrieved on 7/29/2024. Archive link.
- ↑ 3.0 3.1 3.2 Stock Analysis. NNXPF Stock Profile. Retrieved on 7/29/2024.
