CNO Financial Group(US:CNO) Newsfileยท2025-10-03 11:00Core Insights - California Nanotechnologies Corp. has entered into a non-binding letter of intent for approximately US$1.0 million worth of Spark Plasma Sintering commercial production services, set to begin in 2026 [1][2] Group 1: Company Developments - The company is expanding its manufacturing capabilities, marking its first commitment for production using its SPS machines, which highlights the demand for advanced manufacturing techniques [2] - The client has been associated with California Nanotechnologies since 2019, initially as an R&D customer, and is now moving towards commercialization of its products [2] - Manufacturing services will be conducted at the company's Santa Ana facility over an 18 to 24-month period [2][3] Group 2: Company Positioning - California Nanotechnologies positions itself as a full-service manufacturing provider, facilitating the transition from R&D to pilot production and larger-scale commercial production [3] - The company specializes in processing metallurgic powders into parts, serving a diverse clientele that includes Fortune 500 companies and startups across various sectors such as aerospace, renewable energy, defense, and semiconductors [4]