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Business

DuPont Invests In Carbon Nanotube Firm

by Marc S. Reisch
June 18, 2012 | A version of this story appeared in Volume 90, Issue 25

DuPont is making an unspecified investment in Concord, N.H.-based Nanocomp Technologies, a producer of carbon nanotube fiber composites used in aerospace, defense, and automotive applications. Along with contributions from other investors, Nanocomp expects to raise a total of $25 million to help it expand capacity. The DuPont investment comes with an agreement under which DuPont’s protection technologies business will work with Nanocomp to develop bulletproof fabrics for military and other applications.

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