NanoXplore Announces Supply Agreement With Club Car at Newly Commissioned Facility, Expanding Into Recreational Products Market

Executive Summary

• NanoXplore entered an exclusive, long‑term supply agreement with Club Car to provide graphene‑enhanced virgin and recycled polypropylene for recreational equipment.
• The partnership is expected to generate approximately $15 million in annualized revenue for NanoXplore, with production already underway as of October 2025.
• The deal expands NanoXplore’s customer base beyond transportation into the recreational products sector, supporting its diversification and sustainability strategy.

Key Details

• Agreement Scope: Exclusive, multi‑year supply of graphene‑enhanced polypropylene (virgin PP initially; later recycled PP from NanoXplore’s Canuck Compounders).
• Revenue Impact: Projected $15 million in annualized revenue for NanoXplore.
• Facility Utilization: Production launched at NanoXplore’s newly commissioned state‑of‑the‑art manufacturing facility in Statesville, North Carolina (operational since October 2025).
• Strategic Significance: Marks a key milestone in NanoXplore’s diversification strategy, extending its reach into the recreational products market and reinforcing its circular‑economy initiatives.
• Sustainability Angle: Transition to graphene‑enhanced recycled PP aligns with environmental goals—reducing material waste, improving durability, and supporting energy‑efficient manufacturing.
• Executive Quote: Rocco Marinaccio (COO & incoming CEO) highlighted the agreement as a “key milestone in our growth strategy” and emphasized diversification beyond transportation revenues.

Notable Quotes

"Securing a leading customer in the recreational products sector represents a key milestone in our growth strategy," said Rocco Marinaccio, current COO and incoming CEO of NanoXplore.
"Expanding into this dynamic market allows us to diversify beyond transportation revenues and reinforces our position as a versatile provider of high‑performance, eco‑friendly, graphene‑enhanced solutions."