TechConnect Summit 2010

Tantaline

Location:02451, US
Speaker:Dean Gambale
Title:Tantalum Surface Alloys: Next Gen Corrosion Protection
Primary Industry:Advanced Materials/Chemical
Executive Summary:Tantaline is a nanotech materials company with 10 employees and the world leader in creating the most corrosion resistant and inert tantalum metal surfaces. In the seed / expansion phase Tantaline is seeking $10M to facilitate Tantaline to grow from the current $0.6M revenue to beyond $50M in 5 years time frame and enable the company to reach cash flow positive by 2012. Tantaline’s products could be found in a broad range of industries including the chemical processing, clean energy, oil & gas, pharmaceutical & food, mining, medical equipment and medical devices. These markets have a total addressable market opportunity of greater than $7B. Tantaline’s technology is a disruptive technology offering improved performance by 5x -50x while being priced 20% -30% less expensive than the closest competitive option. The technology is protected by 11 patents and applications. Key strategic alliances have been made with leading OEM’s to supply and distribute products. Products are value priced and profits in the range 70% - 80% are achieved.
Venture is:B-Round

 
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