Nanofoundry is a technology spin-off from Virginia Commonwealth University in Richmond, VA focused to marketing nanoparticle materials formulated from non-exotic resources that will improve efficiencies and costs in power usage, generation, and conversion. The firm is is developing a very low cost alternative to rare earth-based magnets based on proprietary nanoparticle materials and related manufacturing technology. In-house knowhow and intellectual property center on the design of nanoparticle materials and their production using a microreactor wet chemical process. This technology enables the manufacturing of nanoparticle materials to scale up to industrial quantities and to manufacture at a level of quality and consistency comparable to low-yield batch production methods typical useful only in laboratories. With the hecapability to produce a wide variety of nanomaterials for use in magnetic, electronic, optical, and additive manufacturing applications including, but not limited to, Co0, Ni0,Fe3O4, CoFe2O4, MnZnFe2O4, and NiZnFe2O4 , with excellent crystallinity, monodispersity of size, and excellent scalability utilizing commonly available and environmentally benign solvents the firm's technology may be gamechanging driving benefits in the following areas: Significantly lower cost products for use in power generation, consumption and conversion. Higher efficiencies in power conversion. Reduced supply chain risk by providing alternatives to rare earth minerals Reduced environmental impact associated with use of non-exotic materials. Job creation. Innovative products that will enable other technologies such as electric and hybrid vehicles
