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Nanophase Tech - NANX STOCK NEWS

Welcome to our dedicated page for Nanophase Tech news (Ticker: NANX), a resource for investors and traders seeking the latest updates and insights on Nanophase Tech stock.

Introduction to Nanophase Tech

Nanophase Tech (NANX) is recognized for its integrated approach to nanomaterial technologies, leveraging a platform of patented, scientifically driven innovations tailored for a broad array of industrial and consumer applications. With a firm foundation in nanomaterials, surface finishing, and mineral-based healthcare solutions, the company transforms raw scientific breakthroughs into practical, commercially scalable products.

Core Business and Technology Integration

Established in 1989 and having gone public in 1997, Nanophase Tech has evolved from a pure nanoparticle producer into a comprehensive integrator of engineered nanomaterials. The company develops, manufactures, and markets a broad portfolio of products aimed at improving the performance and aesthetic properties of surfaces, textiles, plastics, and coatings. Additionally, their technologically advanced processes are now applied in personal care and healthcare solutions, capitalizing on the unique properties of mineral-based ingredients that deliver superior performance in sun and environmental protection.

At the heart of its business model lies a commitment to scientific accuracy and innovation. By integrating manufacturing with dedicated research and development laboratories, Nanophase Tech creates products that are not only high performance but also consistent in quality. The company harnesses proprietary technology to offer tailored solutions designed to meet the specific needs of customers operating in varied market segments.

Market Applications and Product Diversity

Nanophase Tech serves a multitude of industries through its engineered nanomaterials, which are applied in:

  • Surface Finishing and Coatings: Improving durability, scratch resistance, and aesthetic appeal in exterior coatings and industrial finishes.
  • Personal Care: Enabling the formulation of cosmetic and skincare products that offer enhanced UV protection and environmental defense with scientifically driven mineral-based actives.
  • Plastics and Textiles: Contributing to advanced material applications that demand improved performance and longevity.

By tailoring their engineered materials as either individual ingredients or as parts of fully formulated products, the company effectively meets the diverse needs of various market sectors. The wide-ranging applications underscore its flexible, integrated approach to nanomaterial innovation.

Scientific Legacy and Quality Assurance

The company's commitment to quality is reflected in its adherence to internationally recognized standards. With manufacturing and corporate facilities located in Romeoville and Burr Ridge, Illinois, both certified under ISO 9001:2008 and ISO 14001:2004, Nanophase Tech maintains rigorous quality control and environmental management practices. This robust quality infrastructure ensures that every product meets stringent performance and reliability standards, bolstering customer confidence and enhancing market reputation.

Innovative Advancements and Rebranding Evolution

In a strategic evolution that underscores its commitment to innovation, the company has rebranded and introduced the Solésence identity, a move that expands its footprint in the beauty and personal care sectors. Under this new banner, the company capitalizes on years of accumulated scientific expertise to drive transformative healthcare solutions, particularly in the realm of skin health. Solésence technologies emphasize advanced formulations that merge efficacy with aesthetics, addressing market needs for inclusive and next-generation consumer products.

Integrated Manufacturing and Operational Excellence

Operational excellence is a cornerstone of Nanophase Tech's business model. The company's dual-location manufacturing operations ensure a seamless integration of production processes with research and development. This sophisticated operational model empowers the company to consistently deliver products at commercial scales while maintaining high degrees of consistency and quality. Such operational robustness is critical in a competitive landscape where precision engineering and scalability are key determinants of market success.

Competitive Position and Market Dynamics

Nanophase Tech's positioning within the industry is defined by its unique synthesis of scientific innovation and commercial execution. Unlike competitors that may focus solely on either production or research, Nanophase Tech offers a holistic approach—integrating end-to-end capabilities from product development to scalable manufacturing. This integrated structure not only optimizes product performance but also facilitates fast adaptation to evolving market demands. The company's diverse applications and established expertise enable it to address challenges inherent to rapidly evolving technological and market landscapes.

Commitment to Scientific Excellence

Every facet of Nanophase Tech's operations is underpinned by a rigorous scientific approach. Its development process involves continuous research, fine-tuning of engineering practices, and adoption of best practices in quality assurance. This commitment to scientific excellence reinforces the company's reputation as a trusted innovator in nanomaterial and mineral-based solutions. By fostering collaborative research and maintaining state-of-the-art laboratories, Nanophase Tech ensures that its products remain at the forefront of technological advances, thereby delivering consistent, high-quality results.

Concluding Overview

In summary, Nanophase Tech is an exemplar of how advanced nanomaterial technologies can be effectively harnessed to address diverse market needs. Its robust integration of research, manufacturing, and commercial applications positions it as a well-versed and multifaceted technology integrator. With an unwavering commitment to quality, extensive product diversity, and a strategic rebranding that signals broader market engagement, Nanophase Tech continues to set benchmarks in both industrial and consumer markets. Investors and industry analysts alike recognize the company's deep scientific expertise, operational excellence, and its capacity to translate complex nanomaterial processes into viable, market-ready products.

Rhea-AI Summary

Solésence Beauty Science, a subsidiary of Nanophase Technologies, has won the Cosmopack North America Formulation Award for the third consecutive year. Their winning product, Lip Oil SPF 40+ featuring Solésence Kleair™, bridges the gap between skincare and makeup, offering a twelve-shade range of mineral-based, broad-spectrum SPF protection.

The formula utilizes sustainably produced ingredients and is designed to prevent premature aging and reduce pollution-induced free radicals. This achievement follows their 2023 win for Natural Glow Face Oil SPF 40+ and 2022 win for Multi-Cultural Magic SPF 50+. Solésence's success highlights their commitment to innovation in skin health products across skincare and makeup categories.

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Solésence Beauty Science, a subsidiary of Nanophase Technologies, will join other winners of the Chicago Innovation Awards to ring the Nasdaq Opening Bell on July 9, 2024. This event highlights innovation in the Chicago region. Solésence's award-winning Kleair™ technology optimizes zinc oxide for enhanced skin health and meets global purity standards. Leaders Jess Jankowski and Kevin Cureton will represent Solésence at the event. The 2023 Chicago Innovation Awards winners span across various industries and include companies like Abbott, Argonne National Laboratory, and VOCEL.

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Nanophase Technologies (NANX) reported record first-quarter results with $9.9 million in revenue and $0.9 million in profit. The company resolved all ongoing litigation with BASF, setting the stage for further growth. Solésence product revenue contributed significantly to the revenue increase, with a 4% rise from the previous year. Gross profit saw a substantial 57% increase, while net income turned positive at $0.9 million compared to a loss in the previous year. The company's successful start to 2024 was highlighted by three consecutive profitable months and the winning of the Allē Award for the second year in a row. Nanophase anticipates a breakthrough year with continued growth in the Solésence business and a focus on building the company's brand.
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Nanophase Technologies (NANX) announces its First Quarter 2024 Financial Release and Conference Call Details. The company, known for mineral-based health care solutions in beauty and life sciences, will release financial news on April 23, 2024, followed by an investor conference call on April 24. The call will discuss financial results and provide business updates with participation from the President & CEO and the Chief Operating Officer.
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Nanophase Technologies (NANX) resolves litigation with BASF, focusing on growth in API and Solésence finished products business.
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Nanophase Technologies (NANX) reported $37.3 million in full-year revenue, closed a $6 million financing deal, and won the 2024 Cosmetics and Toiletries Allē Award. Despite supply chain challenges affecting profitability in Q3 and Q4 of 2023, the company remains optimistic about its future. Revenue for Q4 was $8 million, with a net loss of $2.1 million. Solésence revenue increased by 9% to $25.2 million, while Personal Care Ingredients revenue decreased by 17% to $9.3 million. Advanced Materials revenue also saw a decline. The company highlighted operational improvements and strategic initiatives to enhance efficiency and performance in 2024.
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Nanophase Technologies (NANX) announces its Fourth Quarter and Year End 2023 financial release and conference call details. The company will share the financial news release on March 20, 2024, followed by an investor conference call on March 21, 2024, to discuss financial results and provide updates.
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Solésence Beauty Science, a subsidiary of Nanophase Technologies Corporation, wins Cosmetics & Toiletries Allē Award for Soft Glow SPF 50+ featuring Solésence Kleair™ technology. The product offers broad-spectrum SPF 50+ protection, reduces pollution-induced free radicals, and contains antioxidants. Solésence aims to bring innovative beauty products that combine skincare and makeup to the market.
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Nanophase Technologies Corporation (NANX) secures $6M equity financing with Strandler, LLC, a move led by its largest shareholder, Bradford T. Whitmore. The financing involves convertible preferred stock, potentially issuing 15M common shares at $0.40 each. Strandler extends maturity of Nanophase's loans. Despite Q42023 falling short of expectations, the company remains optimistic for 2024, with $30M in completed shipments and more orders expected.
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Nanophase Technologies Corporation (NANX) announced a rights offering to existing holders of its common stock, expecting to receive gross proceeds of approximately $2.0 million. The purpose is to raise equity capital and satisfy a bridge loan, with the largest shareholder, Bradford T. Whitmore, agreeing to purchase any unsubscribed shares. The offering includes an over-subscription privilege and extends the subscription period through February 2, 2024.
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FAQ

What is the current stock price of Nanophase Tech (NANX)?

The current stock price of Nanophase Tech (NANX) is $1.7325 as of April 7, 2025.

What is the market cap of Nanophase Tech (NANX)?

The market cap of Nanophase Tech (NANX) is approximately 181.3M.

What is the core business of Nanophase Tech?

Nanophase Tech specializes in developing, manufacturing, and selling engineered nanomaterial products that serve various industrial and consumer applications. Its portfolio spans surface finishing, coatings, personal care, plastics, and textiles.

How does Nanophase Tech integrate its technology across multiple markets?

The company combines advanced research, proprietary nanomaterial technologies, and integrated manufacturing to produce tailored solutions for diverse applications including industrial coatings and mineral-based healthcare products.

Which industries does Nanophase Tech serve?

Nanophase Tech serves a wide range of industries such as surface finishing, exterior and scratch resistant coatings, personal care, plastics, and textiles, while also extending its expertise to healthcare and beauty science through its rebranded Solésence platform.

What role do its certifications play in the company?

The ISO certifications (ISO 9001:2008 and ISO 14001:2004) at the company's facilities highlight its commitment to quality, environmental management, and operational excellence, ensuring high quality and consistency in its products.

How does the rebranding to Solésence reflect the company's evolution?

The rebranding to Solésence represents the company's expansion into the beauty and personal care sectors, leveraging its mineral-based and scientifically driven healthcare solutions to address consumer needs in skin health and environmental protection.

What differentiates Nanophase Tech from its competitors?

Its integrated approach, combining cutting-edge research, advanced manufacturing, and proprietary technology, allows Nanophase Tech to offer a comprehensive suite of products that meet strict quality standards and diverse market requirements.

How does Nanophase Tech maintain its focus on innovation?

The company continuously invests in R&D and leverages its state-of-the-art laboratories to refine proprietary technologies, ensuring its products deliver superior performance and align with evolving industry standards.
Nanophase Tech

OTC:NANX

NANX Rankings

NANX Stock Data

181.29M
18.56M
73.63%
0.98%
0.49%
Specialty Chemicals
Basic Materials
Link
United States
Romeoville