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5/18/2011 10:04:13 AM
3M Invests in GoNano Technologies Inc.

3M, through its New Ventures Business, has invested in GoNano Technologies Inc., a developer and manufacturer of high surface area nanomaterials for pollution control, catalysis, composites and sensory technologies headquartered in Moscow, Idaho. Terms of the transaction were not disclosed.

GoNano Technologies applies its versatile silica-based Nanospring technology to solve problems for customers seeking high surface area next generation solutions such as catalytic converters, Carbon Capture & Recycle and continuous flow reactors. GoNano Technologies was founded in 2007 for the purpose of commercializing the Nanospring technology platform, which was developed over a decade long collaboration between Washington State University and University of Idaho.

"GoNano Technologies’ unique technology platform offers significant performance improvements for chemical flow reactions that benefit from large surface areas,” Stefan Gabriel, president, 3M New Ventures, said. “The combination of this potentially game-changing nanomaterial with our technology platforms further stimulates disruptive innovation and creates new business opportunities in the catalytic conversion space for 3M.”

“3M is recognized as a global technology leader in the materials industry,” said Tim Kinkeade, Chief Executive Officer of GoNano Technologies Inc. “We are excited to partner with a company that shares our strong commitment to innovation and we look forward to working with 3M to advance transformational products and processes based on the Nanospring platform.”


3M captures the spark of new ideas and transforms them into thousands of ingenious products. Our culture of creative collaboration inspires a never-ending stream of powerful technologies that make life better. 3M is the innovation company that never stops inventing. With $27 billion in sales, 3M employs about 80,000 people worldwide and has operations in more than 65 countries. For more information, visit or follow @3MNews on Twitter.

GoNano Technologies

GoNano Technologies develops and manufactures environmentally friendly high surface area nanomaterials for pollution control, catalysis, composites and sensory technologies. The company's patent-pending nanomaterials provide a scalable, industry compatible, low cost platform for highly efficient solutions. More information may be found at GoNano Technologies, Inc can be reached at 208-892-2000. GoNano Technologies is privately held and is headquartered in Moscow, Idaho.

Other Headlines from 3M ...
 - 3M Invests in GoNano Technologies Inc.

Other Headlines from GoNano Technologies ...
 - 3M Invests in GoNano Technologies Inc.
 - GoNano is awarded NSF Phase I SBIR Grant to develop Nanospring-based Four-Way Catalytic Converter for Diesel Engines
 - GoNano Technologies Distribution Agreement with Strem Chemicals extends Nanospring

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 - BioNanomatrix Secures $23.3 Million in Series B Financing
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 - Ener1 Completes $25-Million Capital Raise

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