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FendX Technologies Inc C.FNDX

Alternate Symbol(s):  FDXTF

FendX Technologies Inc. is a Canada-based nanotechnology company engaged in developing surface protection coatings. The Company is focused on developing products to reduce the spread of pathogens. The Company is developing both film and spray products to protect surfaces from contamination. The lead product under development, REPELWRAP film, is a protective surface coating film that, due to its repelling properties, prevents the adhesion of pathogens and reduces their transmission on surfaces prone to contamination. The spray nanotechnology is a bifunctional spray coating being developed to reduce contamination on surfaces by repelling and killing pathogens. The Company is conducting research and development activities using its nanotechnology in collaboration with various partners. The Company has a worldwide license for its technology and IP portfolio from McMaster University, which encompass both film and spray coating nanotechnology formulations.


CSE:FNDX - Post by User

Post by MarketMakersson Apr 04, 2023 5:16pm
81 Views
Post# 35379718

FNDX positioned within a billion dollar market

FNDX positioned within a billion dollar market
What if frequently touched surfaces like food packaging, door handles and bus railings could be coated with a plastic that repels bacteria and viruses?
 
After the events of the past three years, the demand for a more effective solution to reduce the rate of infection and the spread of germs, bacteria, viruses and pathogens has increased and FendX Technologies (FNDX.c) has the solution.
 
FNDX developed RepelWrap, a first-of-its-kind coating product with patent-pending and proprietary technology to repel bacteria and viruses to reduce their spread and stop any contamination after contact.
 
With plans to enter commercial production and commence significant revenue generation in 2024, FNDX is positioned to take advantage of a massive opportunity in the surface coating market which is estimated to hit US$3.5 billion by 2025, growing from US$1.3 billion in 2020 at an 18% CAGR.
 
FNDX has significant potential with a stacked management team, a strong share structure and tight float; the stock has been performing very well following its IPO at the end of March week and is currently up 35% since listing. 
 
For more information, check out these resources: 
Ultimate Non-Stick Coating That Repels Everything – Even Viruses and Bacteria: https://scitechdaily.com/researchers-create-the-ultimate-non-stick-coating-that-repels-everything-even-viruses-and-bacteria/
FNDX Website: https://fendxtech.com/
Posted on behalf of FendX Technologies Inc.
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