Problem NanoSteel is Solving
To create fuel efficiency during the energy crisis of the 80s, Japanese manufacturers made fuel-efficient vehicles with thinner tires as a means of creating more efficiency. In that same vein, the actual weight of the car itself has an effect on vehicle efficiency and emissions. How can we reduce weight and create efficiency that meets new emission standards?
For companies like General Motors and others, NanoSteel promises an advanced high strength steel that will create a new standard in performance while focusing on affordability and meeting stringent global fuel-economy regulations.
The NanoSteel Solution
NanoSteel is a world leader in nano-structured steel material designs. They have developed a new class of steel alloys that are strong, longer lasting and more energy efficient to manufacture. The steel alloy technology maintains the attractive formability, weldability and cost of conventional steels but at much higher strength.
Why Chrysalix Invested
We knew that adoption of new materials including aluminum and carbon fiber has increased for certain markets and applications. However, regular steel could have significant competitive advantages over other materials because of its market prevalence due to its strength, recyclability, low production cost and significant capacity. These facts continue to make it the preferred and dominant choice for industry. The question for us was whether the evolution of steel using new technologies was truly possible. NanoSteel has proven through it’s innovative product development a progressive generation of nano-structured steel alloys that provides combinations of properties that meet new industrial challenges including performance and reliability.