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NMT opens new $1.54 million facility

Posted: 13 Apr 2006 ?? ?Print Version ?Bookmark and Share

Keywords:NanoMaterials Technology? NMT? nanomaterials?

Singapore-based NanoMaterials Technology Pte Ltd (NMT), a company that develops and commercializes production technologies for nanomaterials, officially opened its new $1.54 million facility early this week.

NMT was established in 2000 and currently has 20 employees. It recently concluded a funding round, bringing its total funding to date to $7.7 million. According to the company, this has allowed them to expand its facilities and capabilities to cater for further international growth. A brand new laboratory, which includes a GMP facility and pharmaceutical and chemical laboratories, has been set up and NMT is also looking to further boost its R&D headcount to 30 people.

NMT's proprietary and patented high gravity controlled precipitation technology platform is touted to be easy to scale up and more cost effective compared to conventional production methods. It is so versatile that it can be applied to various sectors like specialty chemicals, electronic materials and pharmaceuticals, added the company.

The technology for the production of nano-precipitated calcium carbonate (NPCC), the first nanomaterial developed by NMT, has already been out-licensed to several companies for industrial production. NPCC has also been used in nano-composite development, where the addition of NPCC enhances mechanical properties.

NMT has also developed electronic materials for use in multi-layer ceramic capacitors, which, according to the company, are currently being tested at some companies in the United States and Japan.

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