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About Nanalysis Scientific Corp. (TSXV: NSCI, OTCQX: NSCIF, FRA: 1N1)
Nanalysis Scientific Corp. is a global innovator in the fields of Nuclear Magnetic Resonance (NMR) and Magnetic Resonance Imaging (MRI) technology, specializing in the development and manufacturing of portable, compact spectrometers and analyzers for industrial, research, and security applications. The company operates through two primary business segments: Scientific Equipment and Security Services, offering a diverse range of solutions that address critical needs across various industries.
Scientific Equipment: Portable NMR and MRI Solutions
Nanalysis is renowned for its groundbreaking advancements in portable NMR technology, which eliminate the need for bulky and costly cryogens like liquid helium. Its flagship innovation, the NMReady-60™, was the first fully functional portable NMR spectrometer housed in a compact enclosure. The company has since expanded its portfolio with more advanced devices, including a 100MHz benchtop NMR spectrometer, the most powerful of its kind on the market.
These instruments are widely used across multiple industries, including:
- Pharmaceuticals and Biotech: Quality control of active pharmaceutical ingredients (API) and drug development processes.
- Oil and Gas: Analysis of hydrocarbons and chemical compositions.
- Law Enforcement: Forensic analysis, including the detection of designer drugs and illicit substances.
- Academia and Research: Molecular-level analysis in government and university labs worldwide.
- Food and Fragrance: Quality assurance in flavor and fragrance production.
By combining portability, affordability, and high performance, Nanalysis has positioned its benchtop NMR devices as essential tools for industries that require precise, non-destructive testing methods in various environments.
Security Services: Enhancing Airport and Commercial Safety
Through its subsidiary KPrime, Nanalysis has expanded into the security services sector. The company provides installation, maintenance, and support for security equipment, with a notable $160 million, five-year contract with the Government of Canada to maintain passenger screening systems in airports across the country. This segment also caters to commercial clients in North America, offering tailored security solutions to meet diverse needs.
Innovation and Market Impact
Nanalysis continues to push the boundaries of magnetic resonance technology. Its research initiatives include the integration of Artificial Intelligence (AI) and quantum mechanical modeling to enhance the capabilities of its NMR systems. For example, the company is developing AI-based software tools to identify both known and unknown illicit substances, addressing global challenges in substance abuse and law enforcement.
The company’s commitment to innovation is further evidenced by its partnerships with organizations like the United States Pharmacopeia (USP), which has validated the efficacy of benchtop NMR for pharmaceutical quality control. This collaboration underscores Nanalysis' role in modernizing analytical methodologies and expanding the accessibility of NMR technology.
Global Reach and Strategic Vision
With a presence in multiple industries and a growing portfolio of global partnerships, Nanalysis is strategically positioned to capitalize on emerging market opportunities. Its dual focus on proprietary product development and service-oriented solutions allows the company to address a wide spectrum of customer needs, from high-precision laboratory analysis to large-scale security infrastructure maintenance.
By combining technological innovation with operational excellence, Nanalysis Scientific Corp. has established itself as a trusted provider of advanced analytical and security solutions, serving clients across academia, industry, and government sectors.
Nanalysis Scientific Corp. reported its first-quarter results for 2022, highlighting a consolidated revenue of $5,554K, a 69% increase year-over-year. However, the company faced a net loss of $1,492K, compared to a loss of $467K in the same period last year. The gross margin declined to 60% from 64%. Significant developments included a $160 million multi-year service contract with CATSA and a $4,985,000 funding commitment from the Canadian government.
Nanalysis Scientific Corp. announced a six-year contract valued at $160 million with the Canadian Air Transportation Security Authority (CATSA) to provide service and maintenance for security screening equipment. This contract, effective from May 25, 2022, may be renewed for an additional five years, creating a potential eleven-year recurring revenue opportunity. The project’s phase-in process is underway, targeting completion by the end of Q1 2023. This win is expected to enhance Nanalysis's footprint in the security vertical and contribute to shareholder value.
Nanalysis Scientific Corp. will host a conference call on May 31, 2022, at 5:00 PM ET to discuss the quarterly results ending March 31. The call is accessible via phone and a listen-only webcast. The Annual General Meeting (AGM) is set for June 22, 2022, at 11:00 AM ET, with shareholders encouraged to vote by proxy due to health concerns. Nanalysis, trading as OTCQX: NSCIF, specializes in portable NMR and MRI technologies.
Nanalysis Scientific Corp. (OTCQX:NSCIF) will present at the Planet MicroCap Showcase 2022 on May 4, 2022, at 5:30 PM PT in Las Vegas. CEO Sean Krakiwsky will lead the presentation and engage in one-on-one investor meetings. The event will be accessible via a live webcast. Nanalysis is recognized for its innovative portable NMR technology, serving industries such as pharma, biotech, and oil & gas. The company continues to enhance its product offerings, including a new 100MHz NMR device, reinforcing its position in the market.
Nanalysis Scientific Corp. announced its financial results for Q4 and full year of 2021, showcasing a remarkable 104% revenue growth to $16,043K. The company improved its net loss to $1,772K from a previous loss, while gross margins slightly decreased from 66% to 64%. Strategic highlights included a $4.98 million funding commitment from the Canadian government and acquisitions of K’Prime Technologies and Quad Systems. The firm is optimistic about future growth, supported by a healthy balance sheet and strong product demand.
Nanalysis Scientific Corp. will release its fourth quarter and full year results for the year ending December 31, 2021 on Thursday, April 28, 2022, followed by a conference call at 5 PM ET. CEO Sean Krakiwsky and CFO Luke Caplette will lead the call. Investors can participate via phone or through a webcast. The release will provide insights into the company's financial performance and future strategies as a leader in portable MRI and NMR technology.
Nanalysis Scientific Corp. (OTCQX:NSCIF, TSXV:NSCI) will be presenting at NobleCon18 on April 22, 2022, at 12:30 PM ET in Hollywood, Florida. CEO Sean Krakiwsky will also hold breakout sessions on April 20 and April 21 at various times. The presentation will be available via a high-definition video webcast the following day, accessible through Noble Capital Markets' website and Channelchek. Nanalysis specializes in portable Nuclear Magnetic Resonance (NMR) devices and aims to expand its market reach in multiple industries.
Nanalysis Scientific Corp. has secured $4,985,000 from the Canadian government to enhance its manufacturing operations and expand into global markets for nuclear magnetic resonance products. This funding, provided through Prairies Economic Development Canada, will be accessed over three years with interest-free repayments starting on September 1, 2025. The CEO, Sean Krakiwsky, expressed gratitude for this support, indicating it will help drive growth and innovation while mitigating supply chain risks. The Company focuses on developing portable NMR spectrometers for various industries.
Nanalysis Scientific Corp. announced a significant equity investment in Quad Systems AG, acquiring a 43% ownership stake along with an option to purchase the remaining shares. The company provided a CHF 1,000,000 convertible loan to Quad Systems and subscribed for shares totaling CHF 6,500,000. This investment is expected to enhance product offerings and support business growth. Nanalysis will appoint two representatives to Quad Systems' Board of Directors and has rights for future offers until July 1, 2023.
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