Neptune Nanotechnologies Receives Strategic Support From Natural Products Canada To Advance Sustainable Solutions
*MARKHAM, ON / ACCESSWIRE / March 28, 2024 / *Neptune Nanotechnologies is proud to announce its selection as one of nine innovative companies to receive support from Natural Products Canada (NPC) through its Commercialization Programs. This significant recognition comes with a contribution of $250,000 towards Neptune's ongoing research and development efforts.
Neptune Nanotechnologies specializes in the creation of chitin nanocrystals, a sustainable and eco-friendly material derived from waste shells of crab, shrimp, and lobster. These nanocrystals boast properties that are stronger than steel, lighter than plastic, and fully biodegradable in soil, presenting a game-changing solution for various industries.
"We are thrilled to be recognized and supported by Natural Products Canada. This partnership enables us to accelerate our mission of developing nature-based solutions that contribute to a greener economy and a healthier planet."
- Aaron Guan, Founder and CEO, Neptune Nanotechnologies Inc.
The support from NPC will facilitate a total investment of $250,000 in strategic initiatives aimed at advancing the commercialization of Neptune's innovative technologies. These initiatives are expected to address critical challenges in sustainability and material science, setting new standards for environmentally responsible manufacturing.
Neptune Nanotechnologies is poised to make significant strides in its journey towards commercialization, with the backing of NPC's strategic investment and the broader Natural Product Innovation Cluster.
For more information about the grant, please visit: https://www.naturalproductscanada.com/en/natural-products-canada-boosts-canadas-bioeconomy-with-smart-capital-for-9-sustainable-start-ups/
*About Neptune Nanotechnologies Inc.*
Neptune Nanotechnologies Inc. is an innovative bio-nanotechnology startup dedicated to the commercialization of a revolutionary technologies capable of transforming organic fishing waste into exceptionally valuable nanocrystals. These nanocrystals surpass steel in strength while weighting similar to plastics, they are entirely derived from bio-based sources, demonstrating non-toxic, bio-compatible, and biodegradable characteristics. Serving as physical additives, they exhibit the potential to enhance strength, decrease weight, and supplant hazardous chemical additives across a diverse spectrum of materials used in aerospace, automotive, 3D printing, composites, adhesives, and packaging applications.
*About Natural Products Canada (NPC):*
Natural Products Canada is a national organization that supports the development and commercialization of naturally-derived products and technologies. NPC offers a suite of commercialization programs and connects Canadian innovators with resources, investors, and industry leaders to foster sustainable economic development.
*Contact:*
*Aaron Guan *
Founder & CEO
aaron.guan@neptunenano.com
*Spencer Pieczonka *
Business Development
spencer.pieczonka@neptunenano.com
*SOURCE: *Neptune Nanotechnologies Inc.
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