Home > Press > Zyvex Announces Company Spinout
Zyvex, the first molecular nanotechnology company, today announced its first company spinout: Zyvex
Performance Materials (ZPM). The new company leverages Zyvex's long-standing reputation as an industry leader, its existing nanomaterials patents, proprietary methods, core technologies, and revenue-generating customer base.
Zyvex Announces Company Spinout
RICHARDSON, TX | Posted on April 4th, 2007
ZPM, which is in the process of scaling its business to meet the
growing demand for commercial applications in nanomaterials, is locating
their business in Columbus, Ohio in order to be in close proximity to the
epicenter of the advanced materials industry (subject to the approval of
state and local incentives). The company expects to add at least 25 people
to the new facility over the next twelve months (with more to follow) and
is currently interviewing for their startup staff. Interested parties can
meet key members of the team at the ZPM booth during the Ohio
Nanotechnology Summit in Akron on April 23-25.
"There is increasing interest from aerospace, consumer goods, and
industrial product markets to use our nanomaterials to impart enhanced
thermal, mechanical, and electrical properties in composite systems," said
Thomas W. Hughes, ZPM's General Manager. "By scaling up our production
technology and resources, we can meet this industrial demand and provide
our customers with the best solution available. Ohio is an ideal location
for our facility since we'll be close to our customers and strategic
partners as well as key scientists, engineers, and production resources."
As part of this expansion, ZPM is also increasing its presence at their
satellite facility in Rapid City, South Dakota. The Nanomaterials
Prototyping, Testing and Characterization Facility at the South Dakota
School of Mines and Technology's Polymer Processing Center (SDSM&T-PPC) was
established in July 2006 under a cooperative agreement with Governor Mike
Two industry leaders have already joined the company's board: James R.
Von Ehr and David W. Heard.
Jim Von Ehr is a highly regarded leader within the nanotechnology
industry. In addition to founding Zyvex Corporation and the Texas
Nanotechnology Initiative, his personal contributions helped establish the
University of Texas at Dallas NanoTech Institute. He is also an invited
member of the Nanotechnology Technical Advisory Group (NTAG) to the U.S.
President's Council of Advisors on Science and Technology (PCAST).
David Heard has a broad range of experience which includes founding
entrepreneurial start up companies such as Spatial Networks (which was sold
to Alcatel in 2004 for over $300M), raising over $240M of private capital
as the CEO of Santera Systems, running and turning around Somera, a $100M
publicly traded company, and leading a $900M division of Lucent
Technologies, a Fortune 50 company.
Thomas Hughes was previously the Chief Operating Officer for Applied
Sciences Incorporated and the General Manager for Pyrograf Products,
Incorporated, the manufacturing affiliate for Applied Sciences.
The company's NanoSolve(R) materials have received worldwide acclaim,
including the prestigious R&D100 award. ZPM has an impressive list of key
customers with products in the areas of aerospace and defense, healthcare
and medical, semiconductor and electronics, biomedical, and marine. ZPM
materials are also used in sporting goods, including Aldila's golf shafts
and Easton Sports baseball bats, bicycles and hockey sticks.
Zyvex Corporation, based in Richardson, Texas, is a nanotechnology
leader with years of experience in high performance materials and advanced
instrumentation at the nanoscale. Zyvex carries its scientific
breakthroughs into key commercial applications in the areas of aerospace
and defense, healthcare and medical, Electronics and Semiconductor, and
Marine and Sporting Goods. Zyvex Performance Materials vision is to be the
leading supplier of performance materials that provide customers with
breakthrough technology and results through carbon nanomaterials.
For more information, please click here
Director of Corporate
Copyright © PR Newswire Association LLC.
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Working backward: Computer-aided design of zeolite templates: Rice scientists apply drug-design lessons to production of industrial minerals June 17th, 2013
Discover the ‘Nanostructure Advantage’ at ECerS 2013, Booth 5: Innovnano presents nanostructured powders for high performance ceramics June 17th, 2013
Discovery of new material state counterintuitive to laws of physics June 14th, 2013
Ceramics in Paper Manufacturing including Advanced and Nano Materials: Author- Dr. Mahendra Patel, 420 pages; 32 chapters, Publ.2013 June 12th, 2013
Pioneering breakthrough of chemical nanoengineering to design drugs controlled by light June 18th, 2013
Study Shows How the Nanog Protein Promotes Growth of Head and Neck Cancer June 18th, 2013
New Method to Synthesize Zinc Oxide Nanoparticles with High Catalytic Activity June 18th, 2013
Production of Polyaniline Biosensors Modified with Conductive Polymer Composites June 18th, 2013
Nanoparticle Opens the Door to Clean-Energy Alternatives June 14th, 2013
DRYWIRED™ Receives MILITARY-STANDARD Certifications from QUANTA LABORATORIES for Its Latest Protective Nano-Coating Technology June 5th, 2013
Apple patents point to slimmer battery tech June 1st, 2013
Patent for Coaxial Nanofibre Production: Scientists from Contipro have patented new jet for effective coaxial nanofibers production May 31st, 2013