Nanocomp Technologies Receives $6M Venture Loan Facility

Nanocomp Technologies, Inc., a Merrimack, NH-based developer of high performance materials and component products made from carbon nanotubes (CNTs), received a $6m venture loan facility led by Horizon Technology Finance Corporation (NASDAQ: HRZN).

The company intends to use the funds for working capital purposes.

Led by Peter Antoinette, Co-Founder, President & CEO, Nanocomp is a commercial producer of carbon nanotube-based lightweight sheets, tapes, wires, and yarns, which are used in aerospace and defense, aviation, automotive, energy and consumer applications.
The company recently opened a new 100,000 square foot advanced manufacturing facility in Merrimack.



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