Press Release

MALDEN MASS., November 2024 – actnano, Inc., a global leader in surface protective technologies for automotive, consumer and industrial electronics, proudly announces it has achieved ISO 9001:2015 certification for its quality management systems. This internationally recognized certification, awarded by National Quality Assurance, U.S.A., applies to actnano’s research, design, development, manufacturing and distribution of coatings, surface treatments, and other material applications.

ISO 9001:2015 certification highlights actnano’s pledge to quality, continuous improvement and customer satisfaction. The company is dedicated to meeting the highest standards in all aspects of its operations. With this certification, actnano reaffirms its mission to deliver innovative, reliable and effective coating solutions to protect electronic components across a variety of industries.

"Achieving ISO 9001:2015 certification is an important step as we pursue full IATF 16949 certification," said J. Whitney, Vice President of Operations at actnano. "This accomplishment not only reflects our dedication to quality but also reinforces our commitment to meeting the high standards set forth by the automotive industry. We continue to focus on delivering consistent, reliable products that exceed our customers' expectations."

actnano’s advanced coating technologies provide critical protection for electronics, enabling enhanced durability and performance across a wide range of applications. From automotive to consumer electronics, actnano ensures that customers receive products they can trust, manufactured to the highest quality standards.

MALDEN, Mass. October 22, 2024 – actnano, Inc., a global leader in surface protective technologies for automotive, consumer and industrial electronics, is proud to announce that its Advanced nanoGUARD™ Titan Series has been awarded the 2024 Global Technology Award in the category of Conformal Coating Materials. The award was announced at a Wednesday, Oct. 22, 2024 ceremony during SMTA International.

"We are honored to receive this Global Technology Award for our Advanced nanoGUARD™ Titan Series," said Taymur Ahmad, CEO of actnano. "We are proud to provide our customers with innovative solutions that meet the highest industry standards. Advanced nanoGUARD is the most reliable coating material on the market for protecting electronic components, ensuring their durability even the most demanding environments."

Leveraging the power of nanotechnology, the Titan Series provides exceptional safeguarding capabilities, significantly enhancing the durability and longevity of electronic devices. This cutting-edge solution empowers manufacturers to elevate the reliability and performance of their products, meeting the stringent demands of the leading automotive and consumer electronics industries.

Since 2005, the prestigious Global Technology Awards have recognized the absolute best new innovations in the printed circuit assembly and packaging industries. It brings together the global SMT and advanced packaging industry in a celebration of the companies and people that are achieving the highest standards and driving our industry forward. For more information, visit www.globalsmt.net.

MALDEN, Mass., October 16, 2024 – actnano, Inc., a global leader in surface protection technologies for automotive, consumer, and industrial electronics, announced a second close of its Series C funding round with an additional $3M investment from Ericsson Ventures.

actnano’s innovative solutions are trusted globally by leading electronics manufacturers and suppliers to provide advanced protection from water and harsh environmental conditions.

“Our technology redefines electronics protection, especially in the rapidly advancing fields of AI, IoT, and critical infrastructure,” said Taymur Ahmad, CEO of actnano. “With growing demand for safer alternatives to traditional conformal coatings, we are empowering next-generation devices and systems. Our products deliver the robust protection needed for modern, high-performance and liquid-cooled electronics across these industries.”

“As 5G infrastructure and related technologies become increasingly vital, we believe actnano’s protective coatings could enhance the durability and reliability of telecom equipment and IoT devices, which need to function in diverse environmental conditions,” said Graham Ackerman, Vice President of Strategic Development at Ericsson Ventures. “We believe actnano’s innovative technology could be crucial in protecting IoT hardware from the elements, ensuring long-lasting functionality in applications such as smart cities, industrial automation, and autonomous vehicles.”

Ericsson Ventures is the corporate venture capital arm of Ericsson, a leading global provider of high-performing networks equipment and services that provide connectivity for billions of people every day. Ericsson Ventures invests in high-potential companies and startups, primarily in areas related to 5G, artificial intelligence, cloud computing, IoT (Internet of Things), and other emerging technologies that align with Ericsson’s strategic goals. For more information about Ericsson Ventures, please visit www.ericsson.com/ventures.

An additional Series C investment by Anthelion Capital was announced earlier this year. Previous rounds have included investments from BMW i Ventures, Porsche Ventures, HELLA Ventures, TDK Ventures, Emerald Technology Ventures, GC Ventures America, Henkel Tech Ventures, Ireon Ventures, and Material Impact.

September 11, 2024 - actnano, Inc., a global leader in surface protective technologies for automotive, consumer and industrial electronics, is proud to announce that they have been awarded the prestigious 2024 Mexico Technology Award in the category of Coating Materials for their Advanced nanoGUARD™ Titan Series. The award ceremony took place on September 11, 2024, recognizing the company’s innovation in protecting electronic components.

The Advanced nanoGUARD™ Titan Series offers superior water and environmental resistance. Unlike traditional coatings, actnano’s gel-state coatings are PFAS-free and can be directly applied to a variety of electronic components, including connectors, antennas, LEDs and high heat- generating parts.

Alberto Flores, Business Unit Leader LATAM, said: “At actnano, we are committed to developing innovative, environmentally friendly solutions that protect and enhance the performance of electronic components. We are honored to have been recognized by the 2024 Mexico Technology Awards.”

This cutting-edge nanocoating technology leverages the power of nanotechnology to provide exceptional safeguarding capabilities, significantly enhancing the durability and longevity of electronic devices. The Titan Series is a scalable solution that empowers manufacturers to elevate the reliability and performance of their products, meeting the stringent demands of the leading automotive and consumer electronics industries.

The Mexico Technology Awards acknowledge the latest innovations available in Mexico produced by OEM manufacturing equipment and materials suppliers during the last 12 months.

MALDEN MASS., April 4, 2024 – actnano, a trailblazer in cutting-edge surface protective technologies for automotive, consumer and industrial electronics, is proud to share its latest accolade: being named among The Americas' Fastest Growing Companies 2024 by the Financial Times and Statista. This prestigious ranking celebrates companies that have demonstrated exceptional revenue growth between 2019 and 2022, solidifying actnano's role as a dynamic force driving economic prosperity across the Americas. Additionally, actnano earned the #1 position in the Electrical Manufacturing industry.

"This recognition is a testament to the hard work and dedication of our incredible team," said Taymur Ahmad, CEO of actnano. "We are honored to be ranked among such esteemed companies and remain committed to delivering innovative solutions that exceed our customers' expectations."

The Americas' Fastest Growing Companies 2024 ranking is the result of a rigorous four-step process involving: An initial pool of over 30,000 eligible companies from which only those meeting specific criteria invited to step forward. A detailed examination by Statista of revenue data from over 1,000 publicly listed companies in the Americas, supplemented by high-profile companies ensured only those with significant minimum revenue, independence, and organic growth proceeded. The compound annual growth rate (CAGR) was calculated based on verified revenue figures submitted by the companies. The top 500 companies meeting the criteria were awarded the distinction. actnano's inclusion in The Americas' Fastest Growing Companies 2024 demonstrates its exceptional performance and significant contribution to economic growth throughout the region.

As a global leader in PFAS-free nanocoatings, actnano specializes in providing advanced protection
for a wide range of materials against water damage and harsh environmental conditions. The company’s thin-film coatings, known as Advanced nanoGUARD, deliver superior performance and durability, making them ideal for applications in automotive and consumer electronics industries.

actnano's coatings can be seamlessly integrated into existing manufacturing lines, thanks to the expertise of the company’s regional engineering teams. With a focus on innovation and sustainability, actnano continues to lead the way in providing cutting-edge solutions that meet the evolving needs of industries worldwide.

To view the list of The Americas’ Fastest Growing Companies 2024, visit https://www.ft.com/content/d4a20767-ea0f-4f8e-972d-84a513345784.

MALDEN, Mass., April 2, 2024 (Business Wire) – actnano, Inc., a global leader in surface protection technologies for automotive, consumer, and industrial electronics, announced today the closing of a $40 million investment by Anthelion Capital. actnano’s innovative solutions are trusted globally by leading electronics OEMs and Tier-1 suppliers to provide advanced protection from water and harsh environmental conditions. The company will use the proceeds to continue to expand its technical sales and services footprint as well as to increase production volumes and efficiencies to meet the global demand for their product.

“Our technology outperforms all other electronics protection available in the industry today,” said Taymur Ahmad, CEO of actnano. “Demand for our products has increased significantly because our coatings are safe, non-toxic, and environmentally friendly, and their performance surpasses that of traditional, outdated conformal coatings historically used for electronics protection”.

“It is rare to find a company that has developed technologies which are truly better performing, cost saving, and more environmentally sustainable compared to top market alternatives,” said Vusal Najafov, Co-Founder, Anthelion Capital. “actnano is a leading innovator in the space, with its customer-driven product development driving rapid scaling within core customers and adoption across multiple new applications and industries such as sustainable energy.”

Anthelion Capital is an investment and data science platform which provides flexible capital solutions to environmentally sustainable companies, seeking cutting-edge solutions that positively impact the environment. Anthelion believes that promoting sustainability, reducing waste, and conserving resources are key steps toward achieving a cleaner environment for future generations.

Previous rounds have included investments from BMW i Ventures, Porsche Ventures, HELLA Ventures, TDK Ventures, Emerald Technology Ventures, GC Ventures America, Henkel Tech Ventures, Ireon Ventures, and Material Impact.

About actnano, Inc.
actnano is setting a new standard for electronics protection with its water and environmental resistant nanocoating technology, Advanced nanoGUARD™. The company’s surface protection technologies can be applied directly on connectors, antennas, LEDs, and high heat-generating components, allowing electronics manufacturers to comprehensively safeguard their devices for the first time. With a scalable, turnkey solution that seamlessly integrates into existing manufacturing lines, actnano is positioned to expand its global footprint with leading automotive and consumer electronics manufacturers. Today the company is a trusted partner to global automotive and consumer electronics OEMs and Tier-1 suppliers as customers and investors. ANG technology is already integrated into production vehicles and the world’s leading consumer devices. For more information, please visit www.actnano.com

About Anthelion Capital

Anthelion Capital is a growth-oriented investment platform that provides flexible capital and data science solutions to environmentally sustainable companies. The firm was founded in 2015 and is based in New York City. In 2018, Anthelion Capital partnered with Cowen Inc. to advance growth as Cowen Sustainable Investments. In December 2023, co-founders Vusal Najafov and Ewa Kozicz reacquired the firm and rebranded it back to Anthelion Capital. The platform has $1.3 billion in assets, primarily from large institutional investors including pension plans and sovereign wealth funds. For more information, visit www.anthelioncap.com.

MALDEN Mass., October 23, 2023 – actnano, Inc., a global leader in surface protective technologies for automotive, consumer and industrial electronics, has submitted general comments in support of the proposal to restrict per- and polyfluoroalkyl substances (PFAS) in the European Economic Area.

“We applaud the effort made by the European Chemicals Agency to reduce PFAS in the environment and make products and processes safer,” said Dr. Cassandra Zentner, Vice President of Health and Environment at actnano. “We believe it is possible to protect the health of communities and future generations by using non-toxic, PFAS-free alternatives in place of these dangerous forever chemicals.”

Read actnano’s full comment below or access all General Comments here:
https://echa.europa.eu/documents/10162/4e3d00b8-9fe7-6763-7830-7305d7192ea4

actnano supports the European Union efforts to safeguard human and environmental health through the comprehensive ban on per- and polyfluoroalkyl substances (PFAS). The lack of regulation for these hazardous chemicals presents health risks on the global scale.

The electronics industry is one the major contributors to PFAS usage, as outlined in Table 1 of the Annex XV Restriction Report. A subset of that PFAS-usage in the industry is coatings for the environmental protection of electronics and electronic devices. Environmental protection is necessary to ensure the longevity and dependability of devices by preventing corrosion and also helps reduce electronic waste. Coatings are utilized in various areas to protect against corrosion, including on printed circuit board assemblies (PCBAs).

There are PFAS-free electronic coatings available on the market today that are readily used in consumer electronics, automotive, industrial and white goods markets. actnano manufactures such PFAS-replacements, which provide comparable environmental protection (please refer to the attached confidential comparison of actnano products vs competitor PFAS-containing coatings). Our products have undergone rigorous testing by our customers, meeting the highest performance standards and regulatory compliance, and demonstrating the ability to replace PFAS without compromising protection. Consequently, there are no performance barriers to eliminating PFAS-containing coatings from the majority of devices. It should be noted that further study is required to assess the replacement of PFAS-containing coatings in medical and aerospace applications, but this testing is currently underway.

While these products are available now, the time it takes to transition to replacement technology depends on the thorough performance testing conducted by product manufacturers to meet their stringent operational standards. If no modifications are necessary for the electronic devices themselves, it is feasible to test and implement alternative coatings during the 18-month transition period.

The coatings market and actnano are poised to replace PFAS in the supply chain, therefore we advocate for the planned 18-month transition period, with limited derogations for high-reliability applications such as medical and aerospace.

actnano’s focus has always been on human-health and the environment

CAMBRIDGE Mass., April 21, 2022 – actnano’s Advanced nanoGUARD is setting new standards for electronics protection with its fluorine-free water and environmental resistant technology. 

“One of the primary reasons we created Advanced nanoGUARD was to rid factories of harmful chemicals found in traditional coatings,” Taymur Ahmad, CEO explains. “I’ve seen firsthand how these chemicals can affect factory operators and knew that we needed a better solution.”

Traditional electronics coatings rely on harmful perfluorochemicals (PFCs) to obtain their water and heat resistance qualities. Perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS), along with other fluorinated compounds have already been banned in over 160 countries. This ban was put in place for environmental protection as well as to protect workers from exposure to these dangerous chemicals.

“Fluorine is a highly toxic chemical element,” Ahmad continues. “Only Advanced nanoGUARD offers a fluorine-free solution that is REACH and RoHS compliant and provides 100% 3-D electronics protection.”

actnano, Inc. is a global leader in surface protection technologies for automotive and consumer electronics. The company’s innovative technologies can be applied directly on connectors, antennas, LEDs, and high-heat generating components providing the most comprehensive electronics protection, while also protecting the health and safety of workers and the environment.