CHASM's Game-Changing Partnership: Licensing AgeNT® Express for Heated Glass Solutions

In a strategic move that could reshape the global glazing market, Chasm Advanced Materials, Inc. (CHASM) has exclusively licensed its AgeNT® Express transparent conductive film technology to Mativ Holdings (MATV) for heated glass solutions. This partnership combines CHASM's cutting-edge CNT technology and flexible electronics expertise with Mativ's roll-to-roll precision coating capabilities and vast market reach in glazing applications. The result is a powerful step towards CHASM's expansion into global non-automotive glazing markets and a significant milestone in Mativ's continued growth within innovative and emerging markets.

The AgeNT® Express technology, a hybrid of Silver Nanowire (AgNW) and Carbon Nanotube (CNT), offers unparalleled performance in transparent conductive films. This unique combination provides enhanced conductivity, mechanical reinforcement, electrical redundancy, environmental protection, and optical clarity, making it an ideal solution for transparent heating applications. The hybrid structure enables faster and more uniform heat distribution, ensuring efficient clearing of ice, snow, or condensation, while maintaining the transparency and visibility of the surface.

Mativ's roll-to-roll precision coating capability is crucial for the commercialization of AgeNT® Express films, as it enables cost-effective production of large-format films. This manufacturing process allows for continuous, high-speed production, significantly reducing production costs compared to batch processes. Additionally, Mativ's expertise in R2R precision coating ensures consistent quality and performance, which is essential for maintaining the reliability and durability of the final products.

The licensing agreement between CHASM and Mativ for AgeNT® Express technology represents a strategic move in the advanced materials sector. The combination of Silver Nanowire (AgNW) and Carbon Nanotube (CNT) hybrid technology creates transparent conductive films that are essential for heated glass applications, a growing market in architectural, military, and transportation sectors. This partnership leverages complementary strengths, with CHASM's expertise in CNT technology and flexible electronics combining with Mativ's roll-to-roll precision coating capabilities and established market presence.

The global smart glass market, which includes heated glass solutions, is projected to reach $8.2 billion by 2027, driven by increasing demand for energy-efficient and sustainable building materials. The partnership between CHASM and Mativ positions them well to capture a significant share of this growing market, as they combine innovative technology with established manufacturing capabilities and market reach.

In conclusion, the exclusive licensing of AgeNT® Express technology to Mativ for heated glass solutions is a game-changing partnership that could reshape the global glazing market. By combining CHASM's innovative CNT technology with Mativ's roll-to-roll precision coating capabilities, this collaboration unlocks new potential in advanced film applications across top industrial sectors. As the market for smart glass solutions continues to grow, this partnership is well-positioned to capture a significant share of this lucrative market.