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June 23rd, 2004
Nanostellar Secures $3 Million Funding
Nanostellar Inc., an emerging developer of highly efficient platinum nano-composite catalyst solutions, announced today that it has raised $3 million in a first financing round to commercialize the company's proprietary nano-composite materials, created by Rational Design & Rapid Fabrication Technology, and used in clean energy applications. The company's products will replace platinum group materials with efficient, lower-cost nanocatalysts, initially for the vehicle catalytic converter market.
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