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Home > News > RH-100: Nano Now

May 13th, 2005

RH-100: Nano Now

Abstract:
Hundreds of companies are building technology at the nanoscale, but there arent too many that have products, much less profits. Nano-Tex has both.

Yet after two profitable years in a row, CEO Donn Tice decided last year that he wasnt satisfied, and raised $35 million in venture money to grow the company globally. Nano-Tex is tight-lipped about specific numbers, but between summer 2004 and spring 2005, it will have quadrupled its R&D staff and doubled its investment in sales and marketing. It is also increasing revenues in Europe and Asia.

Source:
redherring.com

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