Nanostart AG (FWB:NNS) has made an investment in thecompany NanoDynamics, Inc. from Buffalo, New York. The company thatwas founded in March 2002 is a leading supplier of nanomaterials andof nanotechnology-enabled products. The participation represents amajor success for Nanostart AG as the company was still given thechance to invest although the financing round was already completed.
NanoDynamics has developed platform synthesis technologies fornanosized metal and ceramic powders, as well as a novel process foraffordable production of multiwall carbon nanotubes (CNT). Theprocesses have already been scaled to commercial volumes for severalproducts including nanosized silver which is of particular interest asan antimicrobial additive for paints, plastics, constructionmaterials, and surfaces. It is also finding increasing use in theelectronics industry for ink-jet printing of circuits andelectromagnetic interference shielding. NanoDynamics holds altogetherover 60 patents and patent applications protecting its proprietaryprocesses, materials, and end-products.
To successfully promote the commercialization of its technology,NanoDynamics has divided up its business into three areas "Materials","Products" and "Innovations". The Materials division focuses on theproduction of nanoscale materials and structures, the Productsdivision goes on to convert these materials and structures intomarketable applications for a broad range of industries, including thesemiconductor and electronics industry, medical technology as well asthe energy industry. For example, NanoDynamics produces portable fuelcells with a power capacity of between 50 and 250 watts. All theactivities from the research and patents area have been pooledtogether by the management in the Innovations division. Through acombination of strategic partnering, custom product development, andout-licensing activities, the company is able to tap further earningssources and increase the overall value of its investment inintellectual property.
"By making this investment in NanoDynamics, Nanostart AG willagain be strengthening its presence in the USA and at the same timewill be proving that it has access to the Top Names in thenanotechnology area", states Marco Beckmann, CEO of Nanostart AG.Keith Blakely, NanoDynamics CEO, particularly stresses the strategicsignificance of Nanostart AG for his company: "As Europe's leadingnanotechnology investment company, Nanostart AG offers us aninternational perspective. Besides this, we will also be able toprofit from its contacts and experience in both industry and thefinancial sector. Although our current financing round had beenoversubscribed and was already completed, we saw significant strategicvalue in having Nanostart AG as one of our investors. We did all wecould to make this possible and are now naturally very pleased to haveNanostart AG on our side as a very important European investor."
NanoDynamics, Inc. is a leading nanotechnology company offeringnanomaterials, nano-enabled products and cutting edge technologies toits customers and partners around the world. NanoDynamics' hassuccessfully developed proprietary technologies and commercialized arange of nanomaterials that are already improving the form, functionand performance of a wide range of industrial and consumer productsand industries, including electronics, semiconductors, fuel cells,transportation, energy and biotechnology.
For more information please visit: http://www.nanodynamics.com
Nanostart AG is Europe's leading nanotechnology investment companywhose activities are divided into two areas: one of its focuses isinvesting in fast-growing nanotechnology companies; its other key areaof activity is advising companies in the financial industry oninvestments in the nanotechnology sector.
For more information please visit: http://www.nanostart.de
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