Issue Date: June 18, 2012
DuPont Invests In Carbon Nanotube Firm
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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