Nanomech

About Nanomech

Founded in 2002 as a spin-off from the University of Arkansas, Nanomech, Inc. emerged from the vision of its founder, Dr. Ajay P. Malshe. Dr. Malshe, a professor of mechanical engineering, relocated from India to the U.S. to translate his research in materials science into commercial applications, establishing Arkansas's first nano-manufacturing enterprise.

The company operates in the advanced materials and nanotechnology sector, focusing on developing and manufacturing nano-engineered solutions for a broad B2B clientele. Its client base includes Fortune 100 companies across diverse industries such as energy, transportation, aerospace, automotive, military, and manufacturing. Nanomech's business model revolves around creating platform technologies that can be scaled for mass production, generating revenue through the sale of its specialized products. The company's initial product platform was born from a contract to develop a super-hard coating to extend the life of cutting tools.

Nanomech's product portfolio includes nano-engineered lubricants, coatings, and specialty chemicals. Key product lines have included TuffTek®, a cubic boron nitride coating for cutting tools, and nGlide®, a lubricant additive designed to increase durability and efficiency in machinery. Other innovations include nGuard, a textile treatment offering protection against bacteria for military gear, and AtomOil, an automotive lubricant. These products aim to enhance performance, extend the lifespan of mechanical parts, and provide protective qualities against harsh environments.

The company has a notable funding history, raising approximately $33.9 million over 17 rounds, with investors including Saudi Aramco Energy Ventures and Advantage Capital. A significant milestone was the opening of its global headquarters in Springdale, Arkansas, in 2014 following a $10 million expansion. However, the company faced financial difficulties, leading to a Chapter 11 bankruptcy filing in April 2019. In August 2019, the operational assets of Nanomech were acquired and the company was subsequently renamed VinTech Nano Materials LLC, a subsidiary of Vinmar International.