NanoXplore

What NanoXplore does

NanoXplore Inc. is a Montreal-headquartered, publicly traded (TSX: GRA; OTCQX: NNXPF) graphene company founded in 2011 that manufactures and supplies high-volume graphene powder, sold under the GrapheneBlack™ and xGnP™ brands, for use as a multifunctional additive in industrial plastics, polymers, and composites. Its core technology is a proprietary, patent-protected mechanochemical (liquid exfoliation) process that converts natural flake graphite into graphene nanoplatelets (predominately 6–10 atomic layers, 96–98% purity, with the D500-HP grade at 99.8% purity) at the world's largest graphene powder facility, a fully automated 4,000-metric-ton-per-year plant in Montreal. The company is vertically integrated from powder to graphene-enhanced masterbatches to finished molded composite products, with manufacturing operations across Canada (Montreal, Saint-Éphrem-de-Beauce, Gimli, Cambridge), the United States (Newton, NC), and Europe (Vallorbe, Switzerland) through wholly owned subsidiaries RMC, Cebo, Faroex, and Canuck Compounders.

NanoXplore generates revenue through five primary streams: (1) GrapheneBlack™ graphene powder sales to industrial customers for plastics, polymers, and battery applications; (2) graphene-enhanced masterbatch pellets sold to compounders and plastic manufacturers; (3) graphene-enhanced composite and molded plastic products sold through subsidiaries in transportation, packaging, electronics, and industrial markets; (4) silicon-graphene enhanced Li-ion battery cells manufactured through its VoltaXplore subsidiary for EVs, energy storage, defense, and drones; and (5) tooling revenues from custom OEM product development. It operates an enterprise field-sales GTM with dedicated account managers and quote-based multi-year contracts, supplemented by a compounding partnership with Techmer PM and an OEM-embedded strategy via its acquired subsidiaries.

NanoXplore serves primary customer segments in transportation (automotive, EVs, trucks, buses, recreational vehicles), packaging (high-performance plastic films), electronics (thermal management and EMI shielding enclosures), battery materials, and wires/cables, with named enterprise customers including Club Car (long-term exclusive supply agreement at the North Carolina facility, ~$15M expected annual revenue), Chevron Phillips Chemical, and Martinrea International (a major shareholder and customer). The company holds a ~$450M market cap, has a credible institutional shareholder base (Martinrea International, BDC, Investissement Québec, CDPQ, Fidelity), and continues to invest in capacity expansion through recurring equity raises, including a $25.7M CAD bought deal in October 2025.

Name

NanoXplore

Legal name

NanoXplore Inc.

Website

http://www.nanoxplore.ca/

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

NanoXplore is a vertically integrated graphene company that manufactures high-volume graphene powder (GrapheneBlack™, xGnP™) and sells graphene-enhanced masterbatches, molded composites, and silicon-graphene Li-ion battery cells to enterprise customers in transportation, packaging, electronics, and industrial markets.

Ownership category

akta.pro rank

Product category

Advanced Materials — Graphene Powder and Graphene-Enhanced Composites

NAICS

Carbon and Graphite Product Manufacturing (335991), Research and Development in Nanotechnology (541713)

SIC

Miscellaneous Chemical Products (2890), Industrial Organic Chemicals (2860)

akta.pro primary industry

Functional Carbon Fillers (Carbon Black, Graphite) (IMAEAFAO)

akta.pro secondary industries

Carbon Black & Bulk Pigments (IMAEAAAF), Industrial Rubber Products (Hoses, Belts, Seals, Gaskets) (IMANAOAM), Compostable & Bio-based Flexible Films and Sheet (extrusion/cast/blown) (IMANANAC)

Keywords

• Graphene powder manufacturing
• Graphene-enhanced composites
• Lithium-ion battery materials
• Conductive carbon additives
• Plastic masterbatch compounds

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Graphene Powder Sales: Sale of GrapheneBlack™ graphene powder to industrial customers for use as additive in plastics, polymers, batteries, and other applications
2. Graphene-Enhanced Masterbatches: Compounded graphene masterbatch pellets sold to compounders and plastic manufacturers for integration into various polymer matrices
3. Graphene-Enhanced Composite Products: Sale of standard and custom plastic and composite products from subsidiaries RMC, Cebo, Faroex, and Canuck Compounders to transportation, packaging, electronics, and industrial customers
4. Battery Cells and Materials (VoltaXplore): Silicon-graphene enhanced Li-ion battery manufacturing through subsidiary VoltaXplore for energy storage, defense, and industrial markets; improving energy capacity and charging speeds for EVs, trucks and buses
5. Tooling Revenues: Tooling revenues associated with custom product development and manufacturing setup for OEM customers

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

NanoXplore manufactures and supplies high-volume graphene powder (GrapheneBlack™) at a 4,000-metric ton per year fully automated facility in Montreal, Quebec. The company provides standard and custom graphene-enhanced plastic and composite products to industrial customers in transportation, packaging, pipe, film, electronics, and other industrial sectors. Through its wholly-owned subsidiary VoltaXplore, NanoXplore also manufactures silicon-graphene enhanced Li-ion battery cells for EVs, energy storage, and electric truck and bus markets.

Product overview

NanoXplore is a vertically integrated graphene company offering a portfolio of products across the graphene value chain. The core offering is GrapheneBlack™ graphene powder (96-98% purity, 6-10 atomic layers), produced at the world's largest 4,000-metric ton per year facility in Montreal. This powder feeds into GrapheneBlack xGnP™ Masterbatch products developed with Techmer PM for plastic film applications. The company has expanded through acquisitions (RMC, Cebo, Faroex, Canuck Compounders) to offer graphene-enhanced plastic and composite products including precision injection molding and large composite parts for transportation, packaging, electronics, and industrial sectors. Through subsidiary VoltaXplore, NanoXplore also manufactures silicon-graphene enhanced Li-ion batteries for energy storage, defense, and EV applications. The 2026 product line includes the new xGnP D500-HP high-purity graphene for conductive applications.

Differentiator

Problem solved

Functional benefit

Brands

• GrapheneBlack™: Signature graphene powder product with predominate thickness of 6-10 atomic layers and purity of 96-98%
• xGnP™
• VoltaXplore

Products and services

• GrapheneBlack™ Graphene Powder NanoXplore's flagship graphene powder product with a predominate thickness of 6-10 atomic layers and purity of 96-98%. Sold as a multifunctional additive to compounders and industrial customers in transportation, packaging, pipe, film, electronics, and other industrial sectors to improve mechanical properties, barrier properties, UV/weather resistance, and thermal/electrical conductivity of plastics and polymers.
• xGnP™ D500-HP High-Purity Graphene High-purity graphene powder engineered for highly conductive applications including energy storage, conductive composites, and advanced electronics. Produced at 99.8% purity with 500 m²/g surface area using NanoXplore's proprietary dry-process manufacturing platform. Delivers electrical conductivity comparable to leading conductive carbon blacks with more than twice the flexural strength and stiffness.
• GrapheneBlack xGnP™ Masterbatch Graphene-enhanced masterbatch pellets for plastic film applications, jointly developed with Techmer PM by combining NanoXplore's xGnP graphene technology with Techmer PM's Techsperse dispersion technology. Demonstrates more than 70% improvement in mechanical strength and enables up to 20% thickness reduction while maintaining tensile, tear, and puncture performance. Distributed through Techmer PM's compounding and customer network using its 5-layer blown film line for sampling.
• VoltaXplore Silicon-Graphene Li-ion Battery Cells NanoXplore's silicon-graphene enhanced Li-ion battery cell manufacturing subsidiary for energy storage, defense, and industrial markets. Adds GrapheneBlack to current Li-ion chemistries in silicon-enabled Li-ion anodes to improve energy capacity and charging speeds. Serves EV, energy storage system, electric truck and bus, drone (Volatus Aerospace LOI), and defense markets.
• RMC (René Molding Composites) Molded Plastic and Composite Parts Solutions-driven, customer-intimate manufacturer of molded plastic and composite parts and assemblies, specializing in high-volume, high-speed, large surface-area molding technologies (HRTM, RIM, DCPD, PU, RTM, VARTM, SMC). Serves transportation, agriculture, and construction sectors with a strong presence in commercial bus and truck transit markets. Operates three production plants in Beauce, Quebec, plus a U.S. plant in Newton, North Carolina.
• Cebo Precision Injection Molding Precision injection molding of intricate, delicate, and complex plastic parts based in Vallorbe, Switzerland, serving automotive, medical, electrotechnical, cosmetic, and watchmaking industries. Operates as a wholly-owned subsidiary of NanoXplore.
• Faroex Composite Solutions Composite solutions provider based in Gimli, Manitoba, offering pultrusion, resin infusion, reaction injection molding, and structural injection molding. Manufactures critical structures for wind turbine blades and lightweight, corrosion-resistant bus bodies; serves alternative energy, agriculture, specialty vehicle, and commercial transport markets.
• Canuck Compounders Compounding services based in Cambridge, Ontario, providing precision compounding for industrial customers as part of NanoXplore's composites manufacturing network.

Quantifiable outcome

• More than 70% improvement in mechanical strength
• +7 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Techmer PMcoreStrategic or Co-development Partner · 15 June 2026Strategic co-development partnership for GrapheneBlack xGnP Masterbatch combining NanoXplore's xGnP graphene technology with Techmer PM's Techsperse dispersion technology and compounding capabilities. Product demonstrated 70%+ mechanical strength improvement and up to 20% thickness reduction. Provisional patent filed May 2026. Jointly unveiled at AMI Flexible Packaging Innovation and Recycling Conference June 2026.
• Club CarcoreChannel Partner/ Reseller/ Distributor · 12 November 2025Long-term exclusive supply agreement with Club Car, a leading recreational vehicle manufacturer, at newly commissioned North Carolina facility. Expected to generate approximately $15 million in annual revenues, marking NanoXplore's expansion into recreational products market.
• Chevron Phillips ChemicalcoreChannel Partner/ Reseller/ Distributor · 12 November 2025New supply contract with Chevron Phillips Chemical, expected to generate revenue starting Q2 FY2026. Partnership expands NanoXplore's presence in the petrochemical sector.
• Volatus AerospaceminorStrategic or Co-development Partner · 30 September 2025Letter of Intent for VoltaXplore (NanoXplore subsidiary) to supply Canadian-made lithium-ion battery cells to power Volatus' next-generation drones for civil, defense, and Arctic surveillance markets.

Scale indicators10 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Haydale Graphene Industries: UK-listed graphene nanoplatelet producer serving composites, aerospace, and energy storage markets — directly comparable as a commercial-scale graphene powder supplier targeting industrial applications.
• Graphenea: Spain-based graphene materials supplier producing CVD graphene films and graphene nanoplatelets for research and industrial customers, overlapping in graphene powder and film-based applications.
• XG Sciences: US-based manufacturer of xGnP graphene nanoplatelets, the closest direct competitor in graphene powder grade, purity range, and industrial additive positioning.
• Vorbeck Materials: US graphene producer focused on graphene-enhanced composites, elastomers, and conductive applications — competing in the same industrial additive and polymer markets as NanoXplore.
• Angstron Materials: US-based producer of pristine graphene nanoplatelets and graphene oxide for energy, composite, and coating applications — competing in the same graphene powder market as NanoXplore.

Broad incumbents

• SGL Carbon: Global manufacturer of carbon- and graphite-based products for automotive, energy, and industrial applications — comparable in carbon-based industrial materials and composites end-markets.
• Cabot Corporation: Specialty chemicals and performance materials company producing carbon blacks, masterbatches, and battery materials — overlapping in conductive additives and compounded polymer products.
• Orion S.A. Global specialty carbon black producer supplying conductive and rubber-grade carbon blacks — a relevant incumbent in the very end-use applications where NanoXplore is positioning graphene.
• Hexcel Corporation: Advanced composites manufacturer supplying carbon fiber and reinforced composites to aerospace, automotive, and industrial markets — a broader incumbent in graphene-enhanced composite parts.
• Birla Carbon: World's largest carbon black producer — the incumbent additive NanoXplore's D500-HP product is designed to displace in conductive plastics, cables, and elastomers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nanoxplore
• YouTubeyoutube.com/channel/UCD5ZMAKJr4Q7da3fz8b00fQ
• Facebookfacebook.com/graphene.nanoxplore
• LinkedInlinkedin.com/company/group-nanoxplore-inc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries5 records

Funding overview

Funding rounds11 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NanoXplore