NAWA Technologies has formed a new US-based company focused on industrializing advanced composite materials.
Plans are for NAWA America, based in Dayton, Ohio, to provide strong composites for automotive, aerospace, renewable energy, space, defense, sporting equipment and consumer and luxury goods.
The company also plans to launch its new NAWAStitch material which comprises a thin film containing vertically-aligned carbon nanotubes (VACNT) arranged perpendicular to the carbon fiber layers, reinforcing the interface between the layers. According to NAWA, carbon fiber composites with NAWAStitch have their shear strength increased by a factor of 100 and shock resistance by a factor of 10.
NAWA America has also established a research collaboration and license agreement with the University of Dayton Research Institute (UDRI) and signed a field exclusive license agreement with the Massachusetts Institute of Technology (MIT).
‘The creation of NAWA America means NAWA Technologies now covers virtually 100% of worldwide VACNT uses, a global addressable market currently worth US$140 billion, expected to grow to US$250 billion in 2025, across energy storage and composites, said Ulrik Grape, CEO of NAWA Technologies.
This story uses material from NAWA, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.