Mission

Nanofoundry’s mission is to bring to market nanoparticle materials formulated from non-exotic resources that will improve efficiencies and costs in power usage, generation, and conversion.

Market

Nanofoundry is developing very low cost materials for specialty energy applications.  These include lubricant additives and hard and soft magnet materials.  Better performing lubricant additives improve energy efficiency, engine wear, and environmental impact.  Our magnet material applications include power electronics and  alternatives to rare earth-based hard magnets.  Corresponding benefits are more efficient energy usage, lower costs, lower environmental impact, and mitigating risk associated with the supply chains for exotic materials.

Technology

Nanofoundry’s know-how and intellectual property center on the design of nanoparticle materials and their production using a microreactor wet chemical process.  This technology enables the manufacturing of nanoparticle materials of exceptional quality, small size,  and consistent morphology.  The ability to scale up production to commercial volumes at low cost is what makes our capability distinctive.

Manufacturing capability

Nanofoundry’s patented microreactor technology is a game changer in the manufacturing of nanoparticle materials. Nanofoundry has the capability to produce a wide variety of nanomaterials for use in magnetic, electronic, optical, and additive manufacturing applications including, but not limited to, Co0, Ni0,Fe3O4, CoFe2O4, MnZnFe2O4, and NiZnFe2O4 , with excellent crystallinity, monodispersity of size, and excellent scalability utilizing commonly available and environmentally benign solvents.

Company

Founded in 2012, Nanofoundry is a technology spin-off from Virginia Commonwealth University in Richmond, Virginia, where Everett Carpenter, Ph.D., one of the company’s founders, has led the innovation of these materials and their production. The company has a seasoned technical and business team, and is headquartered in Glen Allen, Virginia.

Social benefits

Nanofoundry’s technology will drive benefits in the following areas:

• Significantly lower cost products for use in power generation, consumption and conversion.
• Higher efficiencies in power conversion.
• Reduced supply chain risk by providing alternatives to rare earth minerals
• Reduced environmental impact associated with use of non-exotic materials.
• Job creation.
• Innovative products that will enable other technologies such as electric and hybrid vehicles