Boustead Client, Nano-C, Announces Expanded Collaboration with Pioneering NRAM Developer Nantero
Nano-C Carbon Nanotube Materials Key Enabler for Advanced Performance and High-Volume Manufacture
Boustead Securities, LLC (“Boustead”) client Nano-C, Inc. (“Nano-C” or the “Company”), a leading producer of patented nanostructured carbon, including fullerenes, single-walled nanotubes (SWCNT), announces an expansion of its well-established technology cooperation with world leading NRAM® (Nonvolatile Random Access Memory) developer, Nantero, on next generation high-density memory with DRAM-level performance and nonvolatility. This announcement builds on a long-standing technology collaboration which has yielded commercial-ready materials for memory applications.
“While the use of carbon nanotubes in electronics has held tremendous promise for several years, we believe the realization of that promise is here today,” said Nantero co-founder and CEO, Greg Schmergel. “With near term commercialization of the first generation NRAM products at hand, Nantero is working with Nano-C to actively develop the next generation of materials to address high-performance nonvolatile memory with DRAM-level performance,” Schmergel continued. “As a world leading expert in creating unique nanocarbons, we continue to be excited to collaborate with Nano-C on designing and scaling up the optimal solution for our customers. The effective partnership between Nano-C and Nantero is critical to refining the optimal characteristics of these materials as well as ensuring the quality and consistency needed to achieve design for manufacture”.
Carbon nanotube-based NRAM products aim to offer fast, ultra-low power, non-volatile memory that may enable device makers to create products with greater speed, greatly increased energy efficiency and significantly expanded battery life. The combined benefits of CNT-based NRAM gives it the great potential to be a replacement for both DRAM and NAND flash memory, as well as a storage-class memory.
“Nano-C’s collaboration with Nantero has pushed us as a company to define the boundaries of innovation and refine our core competencies as architects of carbon,” said Nano-C, CEO, Viktor Vejins. “Nantero has taken the use of carbon nanotubes to a never-before-seen level in semiconductor fabs around the world. We are excited to be a part of an exceptional innovation that delivers clear value to its end users while also providing a strong potential to positively impact climate change through reduced energy use across multiple sectors.”
Long-time investors in Nantero include Dell, Cisco, Kingston Technologies, Schlumberger, Globespan Capital, CRV, Draper Fisher Jurvetson and Stata Venture Partners.
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About Nano-C, Inc.
Nantero is a nanotechnology company using carbon nanotubes for the development of next-generation semiconductor products. Nantero’s main focus is the commercial introduction of NRAM – a high-density high-speed nonvolatile random access storage device. The applications for the non-volatile RAM Nantero is developing include smartphones, tablets, enterprise systems, notebook and desktop computers, as well as applications in the automotive and industrial arena. NRAM® can be manufactured for both standalone and embedded memory applications. Nantero is also working with licensees on the development of additional applications of Nantero’s core nanotube-based technology. For more information on Nantero, Inc. please visit www.nano-c.com, follow Nantero on Twitter (@nantero), or email email@example.com.
About Boustead Securities, LLC
Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information, please visit www.boustead1828.com.
About Sutter Securities Group, Inc.
Headquartered in Irvine, California, Sutter Securities Group, Inc. (“SSG”), founded in 2013, through its affiliates, is an innovator and investment banking solutions provider. SSG owns and operates Sutter Securities Clearing, LLC, and Sutter Securities Incorporated, FINRA member broker-dealers; Sutter Shareholder Services, LLC, a SEC-registered transfer agent; FlashFunders Funding Portal, LLC, a FINRA member funding portal; and Sutter Capital Management, Inc. Sutter Securities Group, through its affiliates, operates a U.S.-based online securities platform whose underlying technology and regulatory infrastructure are designed to enable issuers to engage in Regulation D, Regulation A (known as Reg A+), Regulation S, Regulation CF and fully registered S-1 and F-1 Initial Public Offerings in compliance with applicable federal, state and non-U.S. securities laws. SSG is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. Additional information is available at www.flashfunders.com.
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