Glaston invests in nanotechnology company

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:

600450 Glaston invests in nanotechnology company

Others also read

One of the things that make this building significant is its use of Suntuitive Dynamic Glass.
At the recently completed GlassBuild America in Las Vegas, six companies were honored with recognition of “Best in Show” for their overall exhibit presence.
Golden 1 Center Features Nearly 3 Miles of Railing by SC Railing Company
Plenary speakers, USGBC announcements, sustainability and sold out events among highlights
Solar Innovations® Architectural Glazing Systems became recertified for LEED Gold Rating on corporate office and manufacturing facility.
Element EDW - Improving the Airline Passenger Experience by Controlling Outside Elements Entering the Aircraft Cabin

From industry

Add new comment