Raymor Begins Volume Nanotube Production

Raymor Industries, a component of the Edwards’ Real Nanotech Index (ERNI), announced that it has begun production of single-walled nanotubes from its high capacity production unit. The company says it can now produce 10 kilograms per day. Raymor makes its nanotubes through a thermal plasma technology and claims to be a low cost producer. “To our knowledge, this is the only process which is capable of reaching very high productioin throughputs of high quality C-SWNT on a continuous basis,” says Frederic Larouche, who is the assistant director of Raymor’s Nanotechnology division.

They are now trying to nail down deals in the defense and aerospace sectors for their products. Airplane makers are especially interested in lightweight conductive composite materials. Once it has orders in hand, Raymor will increase capacity. The market for carbon nanotubes is expected to exceed $200 million by 2009.

ERNI Slides

The Edwards Real Nanotech Index slid further last week, along with the market. It is now almost 5% below its initiation point in February. Seven stocks were down slightly, six stocks were up, six were up and one was unchanged. There was not much news from these companies to drive prices.

(click to enlarge image