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Veelo Technologies
Veelo Technologies is a manufacturer of lightweight, conductive carbon nanotube (CNTs) composites used in the aerospace/defense markets
About Veelo Technologies
Veelo Technologies, which emerged from its former identity as General Nano, operates at the intersection of advanced materials science and high-stakes aerospace and defense applications. The company was founded in 2007 by Dr. Thomas A. Vezzetti, who brought his extensive experience in electronics and materials science to the venture, alongside co-founders Larry Taylor and Joe Sprengard. The firm's financial footing was significantly strengthened by an early strategic investment from the U.S. Air Force Research Laboratory, underscoring its relevance to national security priorities from its inception.
The company's business model centers on the development and supply of specialized materials and manufacturing technologies for next-generation composite structures. Veelo Technologies serves a client base composed of original equipment manufacturers (OEMs) and their tiered suppliers within the defense, commercial aviation, and space exploration sectors. Revenue is generated through the sale of its proprietary material solutions and licensing of its manufacturing processes. Its core product line includes specialty heating solutions for composite repair and fabrication, as well as a range of advanced materials designed to enhance the performance and survivability of air and space vehicles.
Among its key offerings is the VeeloHEAT suite, a series of controllable, uniform heating blankets that are instrumental in curing and repairing composite components, a critical function for maintaining the integrity of modern aircraft. Another significant product line is VeeloSHIELD, a material that provides robust, lightweight lightning strike protection and electromagnetic interference (EMI) shielding for composite airframes. This material, which is significantly lighter than traditional metallic meshes, directly addresses the aerospace industry's perpetual drive for weight reduction, which translates into improved fuel efficiency and increased payload capacity. The company's products are integral to enhancing the durability, safety, and operational capability of high-performance systems deployed in demanding environments.
Source: Dealroom company dataAt a glance
- Founded
- 2008
- Headquarters
- Cincinnati, United States
- Sector
- Aviation
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
US National Science Foundation
Ohio Department of Development
Office of Naval Research (ONR)
US Air Force
US Department of War
NASA
Source: Dealroom Talent Intelligence.
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