Market Overview

NanoMech and Cameron Announce Breakthrough in Lubrication Science

Citing a major breakthrough, NanoMech and Cameron (NYSE: CAM) announce an agreement to utilize TriboTuff lubricant in some of Cameron's valves and flow equipment used extensively in the worldwide gas and oil supply chain. This innovation dramatically extends performance, durability and reliability of critical mechanical components.

Friction is one of the major reasons for failure of vital engineering components and systems used in aerospace, military, and industrial applications. The annual cost of friction and wear-related energy and material losses is estimated to be over $700 billion - 5% to 7% of the United States' $14 trillion gross national product.

Cameron, the global leader in the valve and flow equipment industry provides advanced mechanical valves which are the control gates of much of the world's hydrocarbon supply chain for both oil and gas. These valves are under tremendous pressure and extreme environmental conditions and are complex mechanical devices that deliver mission-critical functions where friction and wear challenge their reliability.

NanoMech's patent-pending macro-molecular nano-manufactured solution, TriboTuff, reduces friction to near zero for the first time in history, driving performance of machines and vehicles up, while significantly decreasing the amount of fossil fuel used.

Posted-In: News Pre-Market Outlook Tech

 

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