Zeon Corporation is leading a $20 million Series C round in Sino Applied Technology (SiAT) to scale production of single-walled carbon nanotube (SWCNT) conductive paste for lithium-ion batteries. The companies plan to reach 25,000 metric tons of annual paste capacity by 2030, with Zeon also expanding SWCNT powder output in Japan. Conductive paste is used to improve electrode performance, which can boost battery energy density and cycle life. Those properties matter for electric vehicles and stationary energy storage, where longer-lasting cells can lower lifetime costs. The article also notes growing use in AI server backup batteries and industrial robotics. A separate market forecast from DataM Intelligence puts the global nanotechnology market at $112.28 billion in 2025, rising to $338.16 billion by 2033, though those figures cover far more than battery materials. The full release includes details on the investment, regional market share, and recent nanotech developments across healthcare, electronics, and energy storage.
