Glaston invests in nanotechnology company

Date: 27 November 2015

As a leading company in glass processing technologies, Glaston Corporation is taking a new step with an investment in a California-based nanotechnology company that develops new glass technology solutions.

Glaston will acquire 12 per cent of the company’s shares and serve as the preferred equipment partner.In addition, Glaston has agreed on the delivery of engineering resources and equipment to the company in the value of over EUR 2 million. The engineering resources and equipment will be delivered during 2016. 









The first smart glass production lines related to this new nanotechnology solution are expected to be ready for commercial use in around 2020 at the latest. Glaston will be the exclusive supplier of thin glass heat treatment furnaces with respect to these production lines.







Glaston Corporation



Glaston is a leading company in glass processing technologies. We provide high-quality heat treatment machines and services for architectural, solar, appliance and automotive applications. We are committed to our customers’ success over the entire lifecycle of our offering. Moreover, we continuously innovate and develop technologies to enable the glass processing industry to reach ever higher standards in quality and safety. Glaston's shares (GLA1V) are listed on the NASDAQ OMX Helsinki Ltd. in Finland. For more information, please visit: www.glaston.net

600450 Glaston invests in nanotechnology company glassonweb.com

Others also read

EnduroShield is excited to share a standout project that remains as relevant today as it was 15 years ago - the protective coating was chosen to safeguard the glass at the iconic Montreal Biodome.
Steady development in comparable EBITA in soft market environment
Boost your F&I offerings with Diamon-Fusion®, the ultimate windshield protection solution that adds value for customers while increasing revenue for dealerships and agencies.
Glaston Corporation will publish its January−December 2024 Financial Statements Bulletin on Friday, 14 February 2025 at around 8.30 a.m. Finnish time.
Homeowners and builders can now upgrade windows with ease, thanks to Glaston’s ultra-thin triple TPS® IG units, offering superior insulation and efficiency.
Diamon-Fusion® Coating for Solar Panels: Enhancing Durability and Efficiency

Add new comment

From industry

NEWS RELATED PRODUCTS

EnduroShield
Diamon-Fusion International, Inc.
STRON Glass Machinery Co.,LTD.