Analyst Report: Upgrade for access BNNano Is Poised to Lead the Boron Nitride Revolution
BNNano has developed a material that’s lightweight, yet strong as steel. And it has dozens of potential use cases.
- Details
- Company: BNNano on NetCapital 2022
- Security Type: Equity - Common
- Valuation: $23,700,672
- Min Investment: $99
- Platform: Netcapital
- Deadline: Feb 28, 2023
Making the Impossible a Reality
Imagine if there was a material that was as strong as steel, but three times lighter.
Impossible, right?
Well, the startup I’m going to introduce to you today has developed a product like this.
And it’s on the market right now.
Introducing boron nitride nanotubes (BNNTs). It’s the material with the best chance of shepherding us into a future with vastly new possibilities. NASA — having spent $40 million on this technology that went nowhere — is very interested in its rare combination of strength and lightness and is eager to further explore its radiation-shielding capabilities.
That just scratches the surface. BNNTs give aluminum the strength of steel. They give polyester the strength of kevlar. They can be used for fire prevention, water purification, biomedical purposes, hypersonic flight, green energy, and new composites that challenge our ideas on what materials can do.
So far, there is only one company with a commercially viable manufacturing process for BNNTs. That company is BNNano.
BNNano is not offering a garden variety version of nanotubes. They tend to clump together, rendering the nanotubes useless. So BNNano has patented “the NanoBarb.” It looks like rock candy. And its unusual configuration gives it far superior properties than the underperforming nanotubes.
BNNano has introduced several BNNT products to the market already. That’s a big deal in itself. Many companies have tried commercializing BNNTs dating back to the 1990s — without success. Customers are thrilled that a company has finally commercialized a boron nitride product that actually lives up to the decades-long hype of the technology.
The market is huge. BNNTs can be used in a wide range of base materials and commodities. The US nanomaterials market is worth $2.86 billion today and is expected to grow to $10.80 billion by 2030. With the right products, there is no reason why BNNano shouldn’t be able to capture a large portion of this market.
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