Develops conductive polymers, such as polyaniline, for use as anti-corrosion additives in protective coatings
Core technology is process that produces stable dispersions of conductive polymer nanoparticles; also develops epoxy and vinyl coating formulations with the nanoparticles
Coatings off...
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Hygratek develops functional coatings; the technology is not based on a single chemistry, but rather, the coating formulation is tailored to each substrate and application
Does not have production capabilities and contracts out its manufacturing; claims to have manufacturing relationships, advanced technology development entities, and renewable energy product engineering and installation firms
The company plans to sell coating formulations and license technologies to the automotive, aerospace, oil and gas, consumer appliances and electronics, air conditioning and refrigeration, and food packaging industries
Past revenue has been primarily from R&D contracting; working with undisclosed aerospace and automotive OEMs for commercial applications and selling its coating to automotive OEM
Clients looking for investment opportunities should monitor HygraTek to see in which markets it gains most traction; for a small company with limited resources, it has ambitious plans to commercialize its suite of technologies in a number of different target markets
Develops durable photocatalytic coatings with antimicrobial and antiviral properties for glass, ceramic, and aluminum substrates
Novel doped TiO2 particles have photocatalytic activity in visible, not just UV lights; adds copper as well as for activity even in dark
Mainly targeting touch screens for personal devices like smartphones as well as public touch panels like retail kiosks
Had several small commercial launches and reports partnerships with major brand like Lenovo, but lack of news on major launches
Materials are worth exploring due to higher durability than many other solution, but applicability to specific substrates, as well as novel materials and processes conditions, may limit commercial uptake and applicability
Has two core technologies: a metal oxide sol-gel coating for metal and glass substrates and a modified polysiloxane/epoxy hybrid coating for anticarbonation and antifouling protection of concrete
Developed relationships with toll manufacturers in the U.S. for its concrete coatings
Gained sales in New Zealand, China, India, Singapore, Thailand, and the U.S., but overall revenue has remained constant since 2012
Clients should consider Nanokote as one viable option among many for protective infrastructure coatings; it has a demonstrated track record in initial adoptions but has not clearly outperformed the competition and doesn't show signs of separating from the pack for significant growth