Workflow
Graphene powder
icon
Search documents
NanoXplore Publishes Its First Sustainability Report
Globenewswire· 2026-03-24 11:45
Core Insights - NanoXplore Inc. has published its first Sustainability Report for the fiscal year 2025, marking a significant step towards enhancing environmental awareness and social responsibility within its operations [1][2] Company Overview - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for transportation and industrial markets. The company also produces graphene-enhanced plastic and composite products, as well as silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage [3] Sustainability Initiatives - The company emphasizes its commitment to sustainability through various initiatives, aiming to integrate sustainability into its core business strategy while creating value for stakeholders and positively impacting the environment and communities [2][6] - Key initiatives include the integration of sustainability data management software, improvement of greenhouse gas (GHG) emission management, enhancement of health and safety practices, and continuous investment in research and development [6]
NanoXplore Reports Results for its Q2-2026
Globenewswire· 2026-02-10 21:46
Core Insights - NanoXplore Inc. reported financial results for Q2-2026, highlighting sequential improvements in revenue, margins, and adjusted EBITDA, indicating stronger execution and improving fundamentals [3][7]. Financial Performance - Total revenues for Q2-2026 were $27,580,290, a 17% decrease from $33,120,886 in Q2-2025 [7]. - Adjusted gross margin on revenues from customers was 21.5%, slightly up from 21.3% in the previous year [7]. - The company reported a loss of $3,836,406 in Q2-2026 compared to a loss of $2,894,922 in Q2-2025 [7]. - Adjusted EBITDA for Q2-2026 was $224,355, down from $1,102,050 in Q2-2025 [7]. - Total liquidity as of December 31, 2025, was $40,144,435, including cash and cash equivalents of $30,144,435 [7]. Segment Performance - In the Advanced Materials, Plastics and Composite Products segment, revenues decreased by 18% to $27,292,893 in Q2-2026, with adjusted EBITDA dropping 86% to $180,967 [11]. - The Battery Cells and Materials segment saw revenues increase by 395% to $287,397 in Q2-2026, with adjusted EBITDA improving to $43,388 from a loss of $217,876 in Q2-2025 [11]. Revenue Breakdown - Revenues from customers decreased from $32,636,947 in Q2-2025 to $26,928,115 in Q2-2026, primarily due to lower volume and tooling revenues [13]. - Other income increased from $483,939 in Q2-2025 to $652,175 in Q2-2026, attributed to grants and refundable tax credits for R&D programs [14]. Operational Insights - The adjusted EBITDA loss in the Advanced Materials segment was primarily due to a decrease in adjusted gross margin by $1,214,031, influenced by lower volume and tooling revenues [15]. - The Battery Cells and Materials segment's adjusted EBITDA improved due to increased revenues and other income [16]. Long-term Strategy - The company decided not to pursue a previously contemplated $100 million active anode material initiative, reflecting a disciplined approach to capital allocation [3].
NanoXplore to Host a Webcast to Discuss Second Quarter Results on February 11th, 2026
Globenewswire· 2026-01-26 12:45
Company Overview - NanoXplore Inc. is a graphene company that manufactures and supplies high-volume graphene powder for transportation and industrial markets [3] - The company provides standard and custom graphene-enhanced plastic and composite products to various sectors including transportation, packaging, and electronics [3] - NanoXplore also manufactures silicon-graphene enhanced Li-ion batteries for Electric Vehicle and grid storage markets [3] - The company is headquartered in Montreal, Quebec, with manufacturing facilities across North America and Europe [3] Upcoming Financial Events - NanoXplore will hold a webcast to discuss the results of its second quarter ended December 31, 2025, on February 11, 2026, at 10:00 a.m. Eastern Time [1] - The financial results will be released on February 10, 2026, after the market close [1] - A replay of the webcast will be available on the company's website [2]
CORRECTION -- NanoXplore Announces Results of Annual Meeting of Shareholders
Globenewswire· 2025-12-05 19:29
Core Viewpoint - NanoXplore Inc. held its Annual Meeting of Shareholders on December 4, 2025, where all resolutions were adopted, and Rocco Marinaccio presented as the new CEO [1] Group 1: Shareholder Meeting Details - A total of 104,119,646 shares, representing 60.99% of outstanding common shares, were accounted for during the Meeting [2] - The shareholders elected the Board of Directors and approved the appointment of PricewaterhouseCoopers LLP as the independent auditor [2] Group 2: Election of Directors - The number of directors fixed at seven, all nominees were already members of the Board [3] - Each nominee received a high percentage of votes in favor, with Rob Wildeboer receiving 99.904% and Soroush Nazarpour receiving 99.935% [4] Group 3: Appointment of Auditor - PricewaterhouseCoopers LLP was reappointed as auditor until the next Annual Meeting, with the directors authorized to fix the auditor's remuneration [5] - The voting results showed 99.826% in favor of the auditor's appointment [6] Group 4: Company Overview - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for various industrial applications [7] - The company also produces graphene-enhanced plastic and composite products and silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage [7] - NanoXplore is headquartered in Montreal, Quebec, with manufacturing facilities in Canada, the United States, and Switzerland [7]
NanoXplore Announces Results of Annual Meeting of Shareholders
Globenewswire· 2025-12-04 21:15
Core Viewpoint - NanoXplore Inc. held its Annual Meeting of Shareholders on December 4, 2025, where all resolutions were adopted, and Rocco Marinaccio presented as the new CEO [1]. Group 1: Shareholder Meeting Details - A total of 104,119,646 shares, representing 60.99% of outstanding common shares, were accounted for during the Meeting [2]. - The shareholders elected the Board of Directors and approved the appointment of PricewaterhouseCoopers LLP as the independent auditor [2]. Group 2: Election of Directors - The number of directors fixed at the Meeting was nine, and all nominees were already members of the Board [3]. - Each nominee received a high percentage of votes in favor, with Rob Wildeboer receiving 99.904% and Soroush Nazarpour receiving 99.935% [4]. Group 3: Appointment of Auditor - PricewaterhouseCoopers LLP was reappointed as auditor until the next Annual Meeting, with the directors authorized to fix the auditor's remuneration [5]. - The voting results showed 99.826% in favor of the auditor's appointment [6]. Group 4: Company Overview - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for transportation and industrial markets [7]. - The company also produces graphene-enhanced plastic and composite products and silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage [7]. - NanoXplore is headquartered in Montreal, Quebec, with manufacturing facilities in Canada, the United States, and Switzerland [7].
NanoXplore Closes Bought Deal Life Private Placement of $25,728,840
Globenewswire· 2025-10-30 12:38
Core Viewpoint - NanoXplore Inc. has successfully closed a bought deal private placement, issuing 10,720,350 common shares at a price of $2.40 per share, resulting in gross proceeds of $25,728,840 [1][2]. Group 1: Offering Details - The offering was led by a syndicate of underwriters, including Ventum Financial Corp. and Cormark Securities Inc., along with National Bank Financial Inc., RBC Dominion Securities Inc., Paradigm Capital Inc., and Raymond James Ltd. [2] - The net proceeds from the offering will be utilized for future growth, specifically in dry graphene expansion, as well as for general corporate and working capital purposes [2]. - The offering was completed under the "listed issuer financing" exemption, allowing the common shares to be freely tradeable without a hold period under Canadian securities laws [3]. Group 2: Insider Participation - Martinrea International Inc., an insider of the Corporation, subscribed for 2,343,750 common shares, amounting to approximately $5,625,000, thereby maintaining its interest in NanoXplore [4]. - The insider's participation is classified as a "related party transaction," and the Corporation relied on exemptions from formal valuation and minority shareholder approval requirements [5]. Group 3: Company Overview - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for various industrial applications, including transportation and electronics [8]. - The Corporation also produces silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage markets, with manufacturing facilities located in Canada, the United States, and Europe [8].
NanoXplore to Host a Webcast to Discuss First Quarter Results on November 13th, 2025
Globenewswire· 2025-10-29 12:00
Core Insights - NanoXplore Inc. will hold a webcast to discuss its Q1 financial results for the period ending September 30, 2025, scheduled for November 13, 2025, at 10:00 a.m. Eastern Time [1][2] Company Overview - NanoXplore is a graphene company that manufactures and supplies high-volume graphene powder for transportation and industrial markets [3] - The company offers standard and custom graphene-enhanced plastic and composite products for various sectors, including transportation, packaging, and electronics [3] - Additionally, NanoXplore produces silicon-graphene enhanced Li-ion batteries for electric vehicles and grid storage markets [3] - The company is headquartered in Montreal, Quebec, with manufacturing facilities across North America and Europe [3]
NanoXplore Announces Bought Deal Life Private Placement of $25,000,080
Globenewswire· 2025-10-23 20:54
Core Viewpoint - NanoXplore Inc. has announced a bought deal private placement to raise gross proceeds of $25 million by selling 10,416,700 common shares at a price of $2.40 per share [1][2]. Group 1: Offering Details - The underwriters have an option to increase the offering size by up to 15% prior to the closing date [2]. - The net proceeds from the offering will be used for dry graphene expansion and general corporate purposes [2]. - The offering will be conducted under the "listed issuer financing" exemption, allowing immediate trading of the shares in Canada [3]. Group 2: Company Overview - NanoXplore is a leading graphene company that manufactures high-volume graphene powder for various industrial applications [7]. - The company also produces graphene-enhanced plastic and composite products, as well as silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage [7]. - NanoXplore is headquartered in Montreal, Québec, with manufacturing facilities in Canada, the United States, and Europe [7]. Group 3: Closing and Regulatory Aspects - The closing of the offering is expected around October 30, 2025, subject to necessary approvals, including from the Toronto Stock Exchange [5]. - The offering document related to the placement can be accessed on the Corporation's profile and website [4].
NanoXplore Receives up to $2.75M Contribution from the Government of Canada
Globenewswire· 2025-10-06 11:30
Core Insights - NanoXplore Inc. has received a contribution of up to $2.75 million from the Government of Canada under the Energy Innovation Program to advance the development of ultra high-power cylindrical format lithium-ion cells [1][3] - This funding is part of a broader initiative supporting eight projects across Canada aimed at accelerating battery innovation and expanding domestic production capacity [2] - The contribution will enable NanoXplore to enhance battery performance for demanding applications such as power tools and defense systems, contributing to Canada's clean energy future [3] Company Overview - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for various industrial markets, including transportation and electronics [4] - The company also produces silicon-graphene-enhanced lithium-ion batteries for electric vehicles and grid storage, with manufacturing facilities located in Canada, the United States, and Europe [4]
NanoXplore Announces CEO Transition
Globenewswire· 2025-09-16 22:00
Core Viewpoint - NanoXplore Inc. announces the transition of leadership with Soroush Nazarpour stepping down as CEO at the annual general meeting in December 2025, while Rocco Marinaccio will succeed him as CEO [1][3][4] Company Leadership Transition - Soroush Nazarpour, the founder and current CEO, will remain on the Board as Vice Chairman and continue as a special advisor to ensure leadership continuity [1][2] - Rocco Marinaccio, the current COO with nearly 7 years at NanoXplore, will take over as CEO, bringing over 26 years of leadership experience in manufacturing and sales [3][11] Company Background - NanoXplore is a leading graphene company that manufactures and supplies high-volume graphene powder for various industrial applications, including transportation and electronics [5] - The company also produces silicon-graphene-enhanced Li-ion batteries for electric vehicles and grid storage markets, with manufacturing facilities located in Canada, the United States, and Europe [5] Leadership Contributions - Nazarpour's leadership has been pivotal in establishing NanoXplore as an industry leader, with the current five-year plan on track and strong prospects for graphene sales [4] - Marinaccio has played a key role in scaling operations and commercial efforts, driving efficiencies and supporting strategic partnerships [3][12]