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Category Archive: Press Release

NanoMech Named Edison Awards Winner

Nano-Flag-MediumSpringdale, Ark. (April 18, 2014) – TuffTek by NanoMech has been named a 2014 Award Winner by the internationally renowned Edison Awards™. The distinguished awards, inspired by Thomas Edison’s persistence and inventiveness, recognize innovation, creativity and ingenuity in the global economy.

“It’s exciting to see companies like NanoMech continuing Thomas Edison’s legacy of challenging conventional thinking,” said Frank Bonafilia, Edison Awards’ executive director. “Edison Awards recognizes the game‐changing products and services, and the teams that brought them to consumers.” These award winners will be recognized April 30, 2014 at the Edison Awards Annual Gala, held in the historic Julia Morgan Ballroom in San Francisco, CA.

Added Jim Phillips, NanoMech CEO, “The TuffTek platform is the Company’s patented, award winning and nanoengineered advanced coating technology incorporated into cutting tools and wear parts for machining materials used in automotive, aerospace, energy and other sectors, and critical wear parts for machines and vehicles. Its novel bio-inspired surface architecture—designed to mimic a lotus leaf—is capable of self-sustained lubrication.  A tool or wear part coated with the TuffTek technology can outlast any similar tool on the market today.  TuffTek is a true R&D success story.”

TuffTek®  extreme wear resistant coating product lines of cutting tools and critical machine wear parts provide innovative solutions for enhancing machining productivity as high as 100-1000%  for many manufacturing applications, compared to traditional cutting tools, and machines most commonly used, as well as difficult-to-machine alloys such as pre-hardened steel, hardened steels, cast iron, and others which are the back bone of automotive and trucking, aerospace, military, earthmover and other strategic industries. This invention is a major sustainability solution as TuffTek® coated carbide significantly extends the life of tungsten, which is a mission critical strategic element for manufacturing in the U.S. and globally, but is significantly declining in availability. TuffTek® extreme wear resistant coating technology and products also allow dry or minimum-quantity-lubrication (MQL) machining operation where millions of gallons of machining liquid could be saved annually! The combination of exceptional wear resistance and unsurpassed toughness which as an invention is inspired-by-nature, brings TuffTek® cutting tools performance beyond any other cutting insert presently on the market.

Edison Award nominees are judged by more than 3,000 senior business executives and academics from across the nation whose votes acknowledge the Finalists’ success in meeting the award’s stringent criteria of quality.

Dr. Ajay Malshe, Chief Technology Officer and Founder, was honored by the award and immediately thought of those with whom he has worked.  “NanoMech could not have received this prestigious award without the tireless work of our world-class team of scientists, including Dr. Wenping Jiang, Vice President of Manufacturing.  I would also like to thank the teams at the Nano Materials Science and Engineering Institute at the University of Arkansas, the National Science Foundations and the Environmental Protection Agency for their contributions over the years”.

NanoMech is an internationally recognized world-class nanomanufacturer with top award winning breakthrough innovations in machining, coatings, lubrication and strategic military applications.

In addition to the Edison Award Finalist honor in Materials Science, TuffTek has received numerous accolades and awards, recently receiving the coveted R&D 100 Award in November, 2013. The Company has also received the Frost & Sullivan Award for Excellence in Technology. The industry’s leading trade journal, Cutting Tool Engineering Magazine, has dubbed TuffTek as the “holy grail of coating” in a major article. Additionally, U.S. federal agencies have shown their support for the technology by awarding NanoMech project grants for various applications of the technology.  NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC.

Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work.  “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess.  The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base.  NanoMech and TuffTek are at the leading edge of a resurgent U.S. manufacturing capability – on that is not dumb, dirty, dangerous and disappearing:  but is smart, safe, sustainable and surging.”

The Edison Awards is a program conducted by Edison Universe, a 501(c)(3) charitable organization dedicated to fostering future innovators. The 2014 Edison Awards are sponsored by Lpsos. For more information about the Edison Awards, Edison Universe and a list of past winners, visit www.edisonawards.com.

NanoMech Breaks Ground on Global Campus

Production Factory to be Completed by July

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Springdale, Ark. (March 31, 2014) – Today NanoMech will host the Springdale Chamber of Commerce and are a leaders during its ground breaking ceremony, to be held at 2pm at the Springdale factory. The approximate 25,000 square foot building will triple the size of current operations and will serve as the
company’s world headquarters, with an anticipated completion date in September. While the new facility will connect to the existing building, the company has purchased the adjacent 7.3 acre tract for future development providing the company with the ability to expand on a contiguous 9 acre campus.
Miller Boskus Lack Architects, P.A. of Fayetteville, Arkansas, designed the new headquarters factory and labs. Arkansas based Kinco Constructors is the general contractor.

phillips-speach“NanoMech is a global nanomanufacturing company founded right here in Northwest Arkansas,” said NanoMech CEO Jim Phillips. “The new factory and expanded headquarters will also allow us to meet current demand for our products while advancing ongoing research and development efforts. This state-of-the-art, smart manufacturing facility and laboratories will further position our products and scientists as some of the best and most innovative in the world.”

”This advanced facility will allow us to accelerate the development and commercialization of innovative products that people have only dreamed of before,” said Dr. Ajay P. Malshe, NanoMech Founder and CTO said. “Aggressive demand for our technology suggests the need for rapid scale-up production to meet government and private sector orders for our breakthrough products”. The initial production factory will be complete by July. NanoMech is located at 2447 Technology Way in Springdale, with additional offices in Dallas and Houston, TX and Detroit, MI, as well as an accounting and finance office at the University of Arkansas Research Park Enterprise Center.

NanoMech, founded in 2003, is the result of a successful public/private partnership (PPP) between the private sector, the State of Arkansas, major universities, and the federal government. State and city officials worked alongside company leadership to make the company’s new global campus become a reality. By focusing on execution, innovation completion, and directed investment, each NanoMech platform technology has reached commercial status and scalability, addressing multi-billion dollar markets while providing immediate disruptive and transformative improvements to existing products in the marketplace.

The editors of R&D Magazine awarded NanoMech’s TuffTek® the coveted R&D 100 Award in 2013. The company’s core patents were issued recently by the USPTO, providing significant increased value and protection.

About NanoMech
NanoMech is an internationally recognized pioneer in applying breakthrough innovations to critical areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC. The company maintains sales offices around the country and an approximate 5000 square foot research and development facility at the University of Arkansas Research Park Enterprise Center. The U.S. Government Accountability Office has just issued a report describing nanomanufacturing as a future megatrend that will potentially match or surpass the digital revolution’s effect on society and the economy. For more information please visit www.NanoMech.com and www.TheNanoverse.com.

NanoMech Announces New Global Campus

New Factory Creates Robust Technology Industrial Presence in Arkansas

nanomech-global-campusSpringdale, Ark. (January 8, 2014) – Today NanoMech announced it has purchased its existing factory and will build an adjoining state-of-the-art facility in east Springdale. The approximate 25,000 square foot building will triple the size of current operations and will serve as the company’s world headquarters.

“NanoMech is a global nanomanufacturing company founded right here in Northwest Arkansas,” said NanoMech CEO Jim Phillips. “The new factory and expanded headquarters will provide for approximately 25-50 new jobs for world-class scientists and support staff. The space will also allow us to meet current demand for our
products while advancing ongoing research and development efforts. This state-of-the-art, smart manufacturing facility and laboratories will further position our products and scientists as some of the best and most innovative in the world.”

The new factory will incorporate cutting edge assembly lines, laboratories, and the latest in security, environmental, and safety systems for handling advanced manufacturing, military, and strategic projects. A secure wall and security fencing enclosing the campus are also part of the building plans. While the new facility will connect to the existing building, the company has purchased the adjacent 7.3 acre tract for future development providing the company with the ability to expand on a contiguous 9 acre campus.

”This advanced facility will allow us to accelerate the development and commercialization of innovative products that people have only dreamed of before,” said Dr. Ajay P. Malshe, NanoMech Founder and CTO said. “Aggressive demand for our technology suggests the need for rapid scale-up production to meet government and private sector orders for our breakthrough products”.

NanoMech, founded in 2002, is the result of a successful public/private partnership (PPP) between the private sector, the State of Arkansas, the University of Arkansas, and the federal government. State and city officials worked alongside company leadership to make the company’s new global campus become a reality.

“The City of Springdale is positioned to continue to lead our state in growth,” said Springdale Mayor Doug Sprouse. “Projects like the NanoMech expansion show that the city is open for business and interested in helping companies grow and expand.”

Governor Beebe and Grant Tennille, the executive director of the Arkansas Economic Development Commission, are staunch supporters of technology growth in Northwest Arkansas. They regularly cite the partnership between NanoMech, the University of Arkansas and the private sector as a model for public/private partnership (PPP) success.

“NanoMech is at the forefront of an industry estimated to have a multi-trillion dollar impact on the global economy over the next decade,” Tennille said. “This expansion signifies to the industry that NanoMech is one of the world’s leading companies and we believe they will continue to create important, knowledge-based jobs and attract the best scientists from the international stage.”

Perry Webb, President of the Springdale Chamber of Commerce, believes the NanoMech expansion will help spur others to invest in Springdale. “Springdale is a great place to do business and we are thrilled that such a successful national—award—winning global technology company is headquartered here,” Webb said. “We have been impressed with their management’s relentless work ethic, and excited this multi-million dollar factory will serve as an anchor for this area encouraging other companies to include Springdale in their growth plans.”
NanoMech chose Miller Boskus Lack Architects, P.A. of Fayetteville, Arkansas, to design the new headquarters factory and labs. The architectural plans are complete and construction is expected to be begin in the coming weeks. The new factory and headquarters is expected to be fully operational by the summer of 2014.

Vince Caprio, Executive Director of NanoBCA (NanoBusiness Commercialization Association), said “NanoMech has been on our radar for several years. The advancements they are making in the materials science and nanomanufactured products space is nothing short of game changing. Our organization has recognized NanoMech as one of the national leaders that is improving the science in the nanotechnology field launching revolutionary products.”

Deborah Wince-Smith, CEO of the American Council on Competitiveness and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work. “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech is at the leading edge of a resurgent U.S. manufacturing capability – one that is not dumb, dirty, dangerous and disappearing; but is smart, safe, sustainable and surging.”

NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-engineered and nano-manufactured product development. NanoMech is an internationally recognized pioneer in applying breakthrough innovations to critical areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech honors include the distinguished R&D100 award for Top U.S. Technology, the NanoBCS Top Company of the Year, and was recently nominated for two Edison Awards. NanoMech also received the Frost & Sullivan award for Excellence in Technology. NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC. The company maintains sales offices around the country and an approximate 5000 square foot research and development facility at the University of Arkansas Research Park Enterprise Center. For more information please visit www.NanoMech.com and www.TheNanoverse.com.

NanoMech’s TuffTek® Recognized as Top New Technology Product of 2013

R&D Magazine Awards TuffTek® the Prestigious R&D 100 Award

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Accepting the award on behalf of NanoMech, (from left) Dr. Wenping Jiang, James M. Phillips and Dr. Ajay Malshe

Orlando, Fla. –The editors of R&D Magazine awarded NanoMech’s  TuffTek® the coveted R&D 100 Award.  This award places TuffTek® in an elite class of innovative products and recognizes it as one of the most technologically significant products introduced in the marketplace in 2013!

“This has been an excellent year for NanoMech,” Chairman and CEO Jim Phillips said.  “The company continues to gain momentum and receiving the “Oscar of Innovation”(as the award is commonly referred to in the industry) is a tremendous honor for the NanoMech team.”

TuffTek® has redefined and revolutionized the cutting tool industry by significantly improving the heat resistance of the tools as well as their precision and wear resistance. TuffTek® performance increases represent a monumental improvement in the cutting tools industry and are due in large part to the new product’s nano-composite patents using bio-inspired and nano-engineered technology for advanced machining of automotive and aerospace components.

As the world economy begins to ramp back up, it is the innovators, Phillips notes, who will help drive results, efficiencies and ultimately profitability.  “TuffTek® is a ground-breaking product that is manufactured using Atomically Precise Manufacturing (APM).  When applied to cutting tools, TuffTek® dramatically increases the tool’s precision cutting performance, durability and sustainability while significantly decreasing the company’s costs to manufacture.  It is a win-win product, for the customer, the market and the environment.”

Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work.  “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech and TuffTek® are at the leading edge of a resurgent U.S. manufacturing capability – one that is not dumb, dirty, dangerous and disappearing; but is smart, safe, sustainable and surging.”

Dr. Ajay Malshe, Chief Technology Officer and Founder, was honored by the award and immediately thought of those with whom he has worked.  “NanoMech could not have received this prestigious award without the tireless work of our world-class team of scientists, including Dr. Wenping Jiang, Vice President of Manufacturing.  I would also like to thank the teams at the Nano Materials Science and Engineering Institute (Mechanical Engineering) at the University of Arkansas, the National Science Foundation and the Environmental Protection Agency for their contributions over the years.”

NanoMech is the only Arkansas company on the 2013 Top 100 list.

The R&D Top 100 list was established in 1963 and over the past 51 years has recognized such revolutionary products as the flashcube (1965), the automated teller machine (1973), the halogen lamp (1974), the fax machine (1975), the liquid crystal display (1980), the Kodak Photo CD (1991), Taxol anticancer drug (1993), lab on a chip (1996), and HDTV (1998). More recent breakthroughs that have earned R&D 100 Awards include next-generation magnetic resonance imaging machines, laser-based metal-forming tools, and the building blocks for fusion experiments.

About the R&D 100 Awards

R-and-D-100-2013Widely recognized as the “Oscars of Innovation”, the R&D 100 Awards identify and celebrate the top technology products of the year. Past winners have included sophisticated testing equipment, innovative new materials, chemistry breakthroughs, biomedical products, consumer items, and high-energy physics. The R&D 100 Awards spans industry, academia, and government-sponsored research.

About R&D Magazine

Since its founding in 1959 as Industrial ResearchR&D Magazine has served research scientists, engineers and technical staff at laboratories around the world, providing timely, informative news and useful technical articles that broaden readers’ knowledge of the research and development industry and improve the quality of their work. R&D Magazine is a publication of Advantage Business Media. 

About NanoMech

NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-engineered and nano-manufactured product development.  NanoMech is a pioneer in applying breakthrough innovations to robust

areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications.  NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC.  For more information please visit www.NanoMech.com and www.TheNanoverse.com.

Media Contact
Carrie McKnight
Carrie.McKnight@cjrw.com
479.871.5432

NanoMech’s TuffTek® Recognized as Top New Technology Product of 2013

R-and-D-100-2013

Springdale, Ark. – July 9, 2013 – The editors of R&D Magazine announced NanoMech’s TuffTek® as a winner of the coveted R&D 100 Award. This award places TuffTek® in an elite class of innovative products and recognizes it as one of the most technologically significant products introduced in the marketplace of the past year. “2013 has been an excellent year for NanoMech,” Chairman and CEO Jim Phillips said. “The company continues to gain momentum and receiving the “Oscar of Innovation”(as the award is commonly referred to in the industry) is a tremendous honor for the NanoMech team.”

TuffTek® has redefined and revolutionized the cutting tool industry by significantly improving the heat resistance of the tools as well as their precision and wear resistance. TuffTek® performance increases represent a monumental improvement in the cutting tools industry and are due in large part to the new product’s nano-composite patents using bio-inspired and nano-engineered technology for advanced machining of automotive and aerospace components.

As the world economy begins to ramp back up, it is the innovators, Phillips notes, who will help drive results, efficiencies and ultimately profitability. “TuffTek® is a ground-breaking product that is manufactured using Atomically Precise Manufacturing (APM). When applied to cutting tools, TuffTek® dramatically increases the tool’s precision cutting performance, durability and sustainability while significantly decreasing the company’s costs to manufacture. It is a win-win product, for the customer, the market and the environment.”

Deborah Wince-Smith, CEO of the Council on Competitiveness (www.compete.org) and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work. “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech and TuffTek® are at the leading edge of a resurgent U.S. manufacturing capability – one that is not dumb, dirty, dangerous and disappearing; but is smart, safe, sustainable and surging.”

Dr. Ajay Malshe, Chief Technology Officer and Founder, was honored by the award and immediately thought of those with whom he has worked. “NanoMech could not have received this prestigious award without the tireless work of our world-class team of scientists, including Dr. Wenping Jiang, Vice President of Manufacturing. I would also like to thank the teams at the Nano Materials Science and Engineering Institute (Mechanical Engineering) at the University of Arkansas, the National Science Foundation and the Environmental Protection Agency for their contributions over the years.”

NanoMech is the only Arkansas company on the 2013 Top 100 list.

The R&D Top 100 list was established in 1963 and over the past 51 years has recognized such revolutionary products as the flashcube (1965), the automated teller machine (1973), the halogen lamp (1974), the fax machine (1975), the liquid crystal display (1980), the Kodak Photo CD (1991), Taxol anticancer drug (1993), lab on a chip (1996), and HDTV (1998). More recent breakthroughs that have earned R&D 100 Awards include next-generation magnetic resonance imaging machines, laser-based metal-forming tools, and the building blocks for fusion experiments.

About the R&D 100 Awards

Widely recognized as the “Oscars of Innovation”, the R&D 100 Awards identify and celebrate the top technology products of the year. Past winners have included sophisticated testing equipment, innovative new materials, chemistry breakthroughs, biomedical products, consumer items, and high-energy physics. The R&D 100 Awards spans industry, academia, and government-sponsored research.

About R&D Magazine

Since its founding in 1959 as Industrial Research, R&D Magazine has served research scientists, engineers and technical staff at laboratories around the world, providing timely, informative news and useful technical articles that broaden readers’ knowledge of the research and development industry and improve the quality of their work. R&D Magazine is a publication of Advantage Business Media.

About NanoMech

NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-engineered and nano-manufactured product development. NanoMech is a pioneer in applying breakthrough innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC. For more information please visit www.NanoMech.com and www.TheNanoverse.com.

Media Contact

Carrie McKnight
Carrie.McKnight@cjrw.com
479.871.5432

NanoMech Secures Three Ground-Breaking Patents

business_wireNM

NanoMechs nGlide® Platform Positioned to Revolutionize American Industrial Sectors 

August 1, 2013  SPRINGDALE, Ark.–(BUSINESS WIRE)–Today NanoMech, Inc. announced the issuance of three patents that will position the company’s nGlide® Division as a world leader in the lubricant’s additives and fully formulated lubricants industry, a $100 billion market that serves as the backbone to all industries that use heavy machinery including manufacturing, farming, gas and oil exploration, aerospace, racing, marine, national defense and transportation.

“We are incredibly excited about this news that has been years in the making,” said Jim Phillips, Chairman and CEO of NanoMech, Inc. “These newly patented technologies represent advancements that are greater than the leap from rotary dial phones to smart phones. The transformative nature of these developments in the industrial lubricants industry will result in the improvement in the two most important things in manufacturing – the protection and performance of machinery.”

NGThe nGlide® portfolio of patents presents opportunities to break the barriers offered by traditional solid lubricants and organic molecules. These patents will help customers solve the most expensive and challenging issues by providing features including anti-wear, anti-friction, anti-corrosion, extreme load and extreme pressure (EP) performance.

These patented innovations allow companies to provide advanced solutions in the harshest of operating conditions including tight tolerance, extreme temperature ranges, and precision performance, working with all material surfaces.

“While the complex technology and science behind these patents has been developed for commercialization by NanoMech’s world leading scientists, using advanced principles such as open architecture, macromolecular delivery and convergent assembly, it all boils down to this,” said Dr. Ajay P. Malshe, Chief Technology Office and Founder of NanoMech, “nGlide® technology is now revolutionizing the manufacturing, transportation and heavy machinery industries by creating longer lasting, higher performing lubricants, synthetic and non-synthetic greases and oils. Extending the life of the hydrocarbon (fossil fuel) supply chain leads to a more sustainable future, a cleaner environment and increased energy efficiencies.”

The near frictionless environment that is created in machines that use nGlide® could possibly render traditional lubricants obsolete. For customers, this patented next generation of lubricants and coatings represents a significant economic advantage as their machinery will perform better and last longer. It has the capability to usher in a whole new generation of higher performance machines that have only been dreamed of previously.

“While the complex technology and science behind these patents has been developed for commercialization by NanoMech’s world leading scientists, using advanced principles such as open architecture, macromolecular delivery and convergent assembly, it all boils down to this”

NanoMech Inc. has exclusive rights to the patents and the company has paid technology transfer royalties to the University of Arkansas, where the fundamental science under the direction of Distinguished Professor Dr. Ajay P. Malshe led to this discovery. Arkansas Governor Mike Beebe has recognized the global importance of the work NanoMech is doing by saying “NanoMech’s products are designed to replace inefficient existing technologies in manufacturing and energy. And both of those sectors of the U.S. economy need such innovation to stay competitive globally.”

The company has also received support from the National Science Foundation, the Office of Naval Research and the Department of Energy on the development of these technologies.

Deborah Wince-Smith, CEO of the Council on Competitiveness and also a member of NanoMech’s Board of Directors, praises NanoMech for their innovative work. “In a world of turbulence, transition and transformation, nothing matters more to the competitiveness of companies and countries than innovation and manufacturing prowess. The ability to develop and deploy the most cutting-edge tools and products to bolster U.S. advanced manufacturing will deliver outsized benefits to the U.S. industrial base. NanoMech and nGlide® are at the leading edge of a resurgent U.S. manufacturing capability – one that is not dumb, dirty, dangerous and disappearing; but is smart, safe, sustainable and surging.”

About NanoMech

NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-engineered and nano-manufactured product research and development and technology scale up. NanoMech is a pioneer in applying breakthrough innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC. For more information please visit www.NanoMech.com and  www.TheNanoverse.com.

Contacts for NanoMech, Inc.
Carrie McKnight
479-871-5432
Carrie.McKnight@cjrw.com

NanoMech Announces Christopher Galvin Joins Board of Directors

Chris Galvin on CNBC (March 26, 2014)

 

SPRINGDALE, Ark., May 08, 2013 (BUSINESS WIRE) — NanoMech Corporation announced today that Christopher Galvin, former Motorola chairman and CEO, has joined the company’s Board of Directors.

“Chris and I first met when I was president of Skytel, and Chris was well on his way to leading Motorola to its best years of revenue and profits. Since those days, his business acumen has been widely appreciated and celebrated. He is an accomplished businessman, entrepreneur and innovator, with a tremendous reputation in American manufacturing. We look forward to working with him as NanoMech continues on our path of rapid growth and expansion,” said NanoMech chairman and CEO Jim Phillips.

Mr. Galvin currently serves in a leadership capacity for several companies, including chairman, CEO, and co-founder of Harrison Street Capital, LLC; co-founder and chairman of Harrison Street Real Estate Capital LLC; executive chairman and co-founder of UniqueSoft Inc., a real-time software authoring services company; and chairman of cleversafe Inc., a digital storage company.

“Chris is an innovator at heart. He inspires people to create their best work and helps them manage the process of taking the product to market. He has a long track record of success and we are pleased to be in a position to benefit from his experience,” said Philips.

“NanoMech has definitely been on my radar. The work they are doing to make essential products stronger, safer, more durable and longer lasting has the ability to impact almost every aspect of daily life. I am excited to join the company and be part of what is sure to be a great American story,” said Galvin. “I am especially excited about their nGlide(R) and TuffTek(R) technology breakthroughs.”

NanoMech recently completed a round of private funding, raising over $5 million for their next phase of growth. Mr. Galvin is also now an investor in NanoMech. Today, the company is aggressively marketing their two main products, nGlide(R), an industrial grease additive that dramatically improves machine performance by creating a near frictionless environment, and TuffTek(R), a coating for industrial cutting tools that lengthens the tool’s life by up to 1000%.

About NanoMech:

NanoMech Inc., (www.NanoMech.com), was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-inspired and nano-manufactured product development. NanoMech is a pioneer in applying breakthrough nano-engineered innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech brings ideas from innovation to implementation, commercializing nano-manufactured products at record speed in the market. NanoMech is a member of President Obama’s Materials Genome Initiative, a public / private collaboration with the aim of doubling the speed and reducing the cost of discovering, developing and deploying new advanced materials. NanoMech is also a member of the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, (www.Compete.org) both based in Washington, DC.

For more information, visit www.nanomech.com.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130508005467r1&sid=cmtx4&distro=nx

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130508005467/en/

SOURCE: NanoMech Corporation

NanoMech Recognized as Top Nano Innovator in U.S.

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SPRINGDALE, Ark. Feb 15, 2013

NanoMech Recognized as Top Emerging Nanotech Innovator; For the Second Year in a Row, NanoMech Receives Industry Innovation AwardNanoMech Inc. announced today that for the second year in a row the company received the Top Emerging Nano Innovator Award from the NanoBusiness Commercialization Association (NanoBCA), a leading business association dedicated to protecting and promoting the burgeoning nanotechnology industry.

NanoMech was recognized for their marketing leading innovations with the proprietary nanomanufactured products TuffTek®, nGlide® and nGuard®.

Vince Caprio, Executive Director of NanoBCA , said “NanoMech has been on our radar for several years. The advancements they are making in the materials science and nanomanufactured products space is nothing short of game changing. It is an honor to recognize such an innovative company that is improving the science in their field and launching revolutionary products.”

Jim Phillips, NanoMech President and CEO said, “We are thrilled that our work remains on the cutting edge of the industry and has been recognized by NanoBCA as one the top emerging nano innovators in 2013. We know the products we are selling are transforming industries overnight and outside recognition lets us know we are on the right path.”

NanoMech is rapidly expanding the scope of products produced and sold in 2013. “This is a very exciting time for NanoMech,” said Founder and CTO Ajay Malshe. “We have a solid team of world class scientists innovating every day to create much more advanced products that our customers love.”

About NanoMech:

NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-engineered and nano-manufactured product development. NanoMech is a pioneer in applying breakthrough innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech is a member of President Obama’s Materials Genome Initiative, the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, both based in Washington, DC. For more information please visit www.NanoMech.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130215005142/en/

It’s Elemental at NanoMech

 

It’s Elemental

The good news for Springdale-based NanoMech Inc. is rolling in almost faster than we can report it.

Fresh off announcing a partnership with KDH Defense Systems – a major contractor for the U.S. Department of Defense – for its nGuard product, we hear the manufacturer just beat out 500 competitors to win U.S. Department of Energy recognition that will allow it to move forward with development of a new, nano-manufactured motor oil.

Our sources believe the motor-oil development could revolutionize that industry. It involves nGlide, a NanoMech product that dramatically reduces friction and extends the durability and life of motor oil, among other lubricants.

These are just the latest in a string of honors given to NanoMech in the 18 months since Jim Phillips assumed its CEO role. All of the success, Whispers believes, makes an expansion of NanoMech’s current headquarters practically imminent.

While no one at the company would confirm such plans, we hear news concerning the construction fo a bigger facility – as well as a national investment round designed to fund the sales growth of their new products – could be coming soon.

Springdale Manufacturer Wants Nano on Big Stage

From right: Dr. Ajay Malshe, Chief Technology Officer, and Jim Phillips, CEO, of NanoMech Inc. inside the new TriboTuff ® production facility. 
 

First published Oct. 29, 2012, in the Northwest Arkansas Business Journal 

By Rob Keys

 

 

Big things are happening at NanoMech Inc.

The Springdale-based nanotechnology manufacturer officially has opened a national investment round aimed at raising about $5 million, and soon will announce an expansion that includes a new, $1.3 million building adjacent to its existing facility. The Springdale Chamber of Commerce will orchestrate a groundbreaking ceremony for the new 11,000-SF building — which will feature a roughly 70-30 split of factory and corporate headquarters space — later this fall.

The building is expected to be completed within three to five months, and will alleviate overcrowding of both employees and equipment at NanoMech’s current 8,000-SF manufacturing space.

“Every inch has been taken up,” CEO Jim Phillips said during a recent tour.

Phillips also said the new facility will “be principally for the production of nGlide and TriboTuff.”

A suite of additive lubricants designed to reduce friction and enhance durability and performance, nGlide includes products such as TriboTuff and nTribo. TriboTuff is added to grease, while nTribo is an additive for motor oil that NanoMech expects to begin marketing later this year.

“It’s almost like discovering an oil field in Arkansas,” Phillips said. “This changes everything.”

“If I take the oil and I extend the life of it 10 years or 100 years, I’ve just re-invented the oil,” added Ajay Malshe, NanoMech’s founder, executive vice president and chief technology officer.

“Using the science for the good of humankind is the end game.”

Immediate Plans

Before NanoMech can ramp up its production of its nGlide platform products, however, it must wait for the construction of its new facility. In addition to the new building, a water feature will be added to give the two facilities more of a “campus” feel, Phillips said.

The company currently employs 25, but both Phillips and Malshe said that number could grow to 100 in 2013. NanoMech already has added a night shift, and is expecting increased demand for its newer products like TriboTuff and nTribo.

“Today we could walk into AutoZone, and every lubricant up there, we can improve,” Phillips said. “Every single one we can improve drastically.”

Phillips declined to give specific figures for the privately held company, but said NanoMech continues to record “revenues in the millions.”

Those revenues have been bolstered by the success of products such as TuffTek, a coating with applications for a variety of cutting tools and wear parts. Moving into the oil and grease industry with products like those in the nGlide suite, though, opens a significantly larger market.

“That might be a $50 billion market, cutting tools. This is kind of immeasurable,” Phillips said of oil and grease.

Thus the need for the national investment round, which will be NanoMech’s second in the past 18 months.

“That money went into both research and development, and production, and that’s where it’s supposed to go,” Phillips said. “The next round is going into sales and marketing — production jobs and sales and marketing jobs.”

 

About NanoMech:

NanoMech Inc., (www.NanoMech.com), was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-inspired and nano-manufactured product development.  NanoMech is a pioneer in applying breakthrough nano-engineered innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech brings ideas from innovation to implementation, commercializing nanomanufactured products at record speed in the market.

 

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