Nanotechnology Company Enters Commercialization Phase
posted on
Mar 12, 2012 03:24PM
Applied Nanotech holds an extensive patent portfolio in the area of electron emission, and believes that this significant group of patents covers all carbon nanofilms, including carbon nanotubes used for electron emission applications
Posted on March 12, 2012 by Redchip.com
http://blog.redchip.com/index.php/uncategorized/nanotechnology-company-enters-commercialization-phase/
Applied Nanotech
In recent weeks, scientists have used nanotechnology to formulate a waterproof smartphone coating, turn plants into plastic, and develop a wearable fabric that could use body heat to power electronic devices.
These exciting breakthroughs represent just a fraction of the potential applications of nanotechnology. Global Industry Analysts projects that the worldwide nanotechnology market will reach $30.4 billion by 2015.
According to the market research firm, “Nanomaterials are emerging as the most lucrative segment with a large number of related technologies already commercialized and earning revenues for the sector.” One company positioned to dominate this segment is Applied Nanotech Holdings, Inc. (OTCBB: APNT).
Texas-based APNT is shifting from a research company to a provider of nanotechnology products for high-growth industries. The Company is generating royalties from its partnership with Yonex, a Japanese sporting goods giant that uses APNT’s carbon nanotube (CNT) composite material in its badminton racquets and golf clubs. APNT’s portfolio includes a broad variety of CNT composites with potential applications such as wind turbine blades, automotive uses, textiles, adhesives, paints, and liners for industrial storage tanks and pipes.
The Company is also accelerating its sales efforts in the thermal management materials market. Poor temperature control is the leading cause of failure for electronics, ahead of dust, humidity, vibration, and other harmful conditions. R&D Mag recognized APNT’s thermal management material, CarbAl, as one of the 100 most significant product innovations of 2009. CarbAl has the ability to quickly remove heat, extending the lives of electronic applications such as LED displays and solar cells. APNT secured a production source for CarbAl in 2011 and is actively pursuing sales of the product.
But APNT’s portfolio extends far beyond these two products. The Company holds more than 300 patents, patent applications, and provisional patents in areas such as nanoelectronics (including spray-on inks and pastes for solar cells) and nanosensors (for use in breath-based disease detectors, carbon monoxide sensors, and other products). As more and more of these products move from the development stage to commercialization, APNT is expected to achieve consistent revenue growth and profitability.
APNT has grown revenues at a compounded annual rate of 45% since 2006. The Company’s $3.1 million cash position should enable APNT to continue growing its business without issuing additional equity. RedChip analysts have issued a Strong Buy rating and a target price of $0.91 for the stock, representing more than 350% upside from current prices.
You can learn more about APNT by reading its recently filed 10-K or viewing the Company’s presentation from our February virtual conference.
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