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Bullboard - Stock Discussion Forum NanoXplore Inc T.GRA

Alternate Symbol(s):  NNXPF

NanoXplore Inc. is a Canada-based graphene company. It is a manufacturer and supplier of high-volume graphene powder for use in transportation and industrial markets. It provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Its Advanced materials, plastics and composite products... see more

TSX:GRA - Post Discussion

NanoXplore Inc > Project Arrow unveiled for suppliers, key partners
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Post by tinkvid on Dec 22, 2022 9:52am

Project Arrow unveiled for suppliers, key partners

Project Arrow unveiled for suppliers, key partners in tightly guarded event
Drivable prototype is designed to 'tell the Canadian story,' as well as drum up new business for Canadian suppliers
DAVID KENNEDY 
 
The only photo Automotive News Canada was allowed to take and publish was this one of the badge on the hood of Project Arrow.
 
Automotive Parts Manufacturer's Association President Flavio Volpe and key members of the Project Arrow team have begun pulling back the curtain on the trade association's three-year project to build an all-Canadian electric-vehicle prototype.
 
Suppliers and key partners got a first look at the fully assembled concept crossover SUV at a tightly guarded event at Pfaff Autoworks in Markham, Ont., Dec. 20. Approximately 80 attendees were required to relinquish their phones or subject their cameras to being taped over to be allowed a walkaround of the new four-seat vehicle before its public debut at CES in Las Vegas Jan. 5.
 
The drivable prototype is designed to “tell the Canadian story,” as well as drum up new business for Canadian suppliers as the auto industry transitions to electric and autonomous vehicles, Volpe said.
 
“I think what this does is it demonstrates physically to people that even though there hasn’t been a Canadian car company in 100 years, it’s not because we don’t have the technological know-how, or we don’t have the people who can do it. I hope this inspires a bit of a Silicon Valley start-up culture,” he told Automotive News Canada at the event.
 
‘SUPPLY CHAIN TRANSPARENCY’
 
The vehicle features components from nearly 60 Canadian suppliers, from Quebec wheel manufacturer Fastco Canada, to battery supplier VoltaXplore, a joint venture between Martinrea International Inc. and graphene company NanoXplore. A suite of software companies, such as software bill of materials provider Cybeats Technologies Inc. are also among those represented on the Arrow, which is designed as the first vehicle with “complete supply chain transparency.”
 
The several dozen suppliers to see their products on the final concept vehicle come from a pool of 534 companies that originally expressed their interest in participating in Project Arrow. Volpe said the APMA qualified 230 of the original list as capable of delivering, but the trade association could not include them all.
 
“We had, you know, half a dozen bidders on the wheels. We have one set of wheels. And we had 12 bidders that said that they can give us a battery solution [but only one battery].”
 
Every component on the Arrow is Canadian made, with one exception.
 
“Through our due diligence, we found out that no one makes screens in Canada. So, the screen supplier is Lenovo, but the technology that’s in the screen is a partnership with Ontario Tech University.”
 
Ontario Tech was also the lead academic partner for Project Arrow, with much of the assembly process taking place at its Oshawa, Ont. campus.
 
STILL WORK TO BE DONE
 
 
SUPPLIED PHOTO
A rendering of Project Arrow.
 
Following the Markham event, Volpe said the Arrow will return to Ontario Tech for a few days of final validation before the finished prototype is shipped to Las Vegas.
 
“There's still work that needs to be done in the next few days before we get it out there, which is essentially making sure that the systems run 100 per cent of the time.”
 
Project Arrow will debut at CES on Jan. 5, but that is just the first stop on a planned world tour for the Canadian concept vehicle.
 
“CES is the beginning,” Volpe said. “This is going to be on a two-year tour — auto shows, tech demonstration centres, but also direct visits to OEMs.”
 
With the Arrow giving the innovative components and software a platform, Volpe said he wants to see “every one of these companies to get business directly from this showcase.”
 
While this is the main goal of Project Arrow, Volpe has said throughout the process that the APMA has fielded calls from unnamed automotive players interested in taking the concept into production. Volpe admits it would require a backer with “deep pockets,” but is not ruling out building more than one Arrow.
 
“If someone makes a bet on it, and that is a sustainable bet, we’d work with them.”
 
Comment by smallcaps2grow on Dec 22, 2022 10:36am
Out of Cabot CEO's mouth: China created an entire advanced carbon and battery industry by subsidising an electric bus industry. Will certainly be replicated in North America. We (Cabot) bought a technology company in China because they had enough product volumes(created by bus subsidies) so a proper biz plan could be built around it. The guy was so desperate for battery technology that he ...more  
Comment by Pixelbull on Dec 22, 2022 11:21am
30kt @ 7M$ USD Gross Margins , SGA at 40M$ = 170M$USD pre-tax .....Say 20X 3.5BUSD$ Value + VoltaX  im looking at 5B$USD in value within 5 years  Attache la tuque avec de la broche
Comment by 1student on Dec 22, 2022 5:49pm
If Cabot Corp principals wanted that particular company could place NanoXplore on the map. Cabot needs access to additional proprietary technological processes and/or intellectual properties which the company had been licensing from XG Sciences and working at further developing. At this point, it simply astounding that none of the companies previously vested of XG Sciences and it's previous ...more  
Comment by smallcaps2grow on Dec 27, 2022 10:42am
The reason of not going along are several, Nano production to small yet, Nano management is green and unknown and Nano is Canadian. Were not going to get there on the last one, but the 2 others will get there over time.  
Comment by 1student on Dec 27, 2022 5:19pm
This company needs to get broader and fast. Where is that one perhaps South Korean, U.S. or European based client willing to take up a partnership position with a Canadian graphene and graphene enhanced products manufatcuring company, NanoXplore, i.e. a company prepared to provide a exclusive access route for a international "Industrial Titan" to enter into the North American graphene ...more