SP Nano bags US foundation grant for carbon fibre sizing

July 25, 2015 - Israel

SP Nano Ltd, a world leader in innovative nanotechnology for enhanced textiles and composite materials, has received $850,000 in grant funding from the US-Israel Bi-national Industrial Research & Development (BIRD) foundation to develop a system for graphene-enhanced carbon fibre sizing with its US-based partner, Graphene Technologies, Inc. (Novato, CA), according to a press release.

Eyal Shpilberg, CEO of SP Nano said, “This is a clear recognition of the breadth of our SP1 technology as we will begin work on a new substrate, graphene, which has a number of very exciting industrial applications.”

Dr. Eitan Yudilevich, executive director of the BIRD Foundation said, “The BIRD foundation continues in its tradition of promoting joint projects between US and Israeli companies which are multidisciplinary in nature and contain a high level of innovation and knowledge. The foundation initiates diverse activities to promote partnerships in new areas which are of great importance to both countries.”

SP Nano is the developer of SP1, a revolutionary nano-reinforcement protein agent that transforms the composite materials and rubber industries by enabling the production of lighter, stronger and sustainable parts.

The BIRD foundation works to encourage and facilitate cooperation between US and Israeli companies in a wide range of technology sectors and offers funding to selected projects. BIRD has approved over 900 projects over its 38 year history. (GK)