CarboMat

Company Description

CarboMat, through its patent-pending multi-step technology, manufactures low-cost sustainable carbon fibers from a low-value waste by-product of petroleum refining industry for advanced lightweight composite applications in automotive, sports, energy storage, wind, aerospace, and marine industries. Through its technology, CarboMat reduces the production cost of carbon fibers by 60% and the associated GHG emissions by 50%, compared to PAN-based incumbents. Commercial deployment of CarboMat's technology by 2050 has the potential to mitigate over 0.5–1 gigaton of GHG emissions annually, thus accelerating progress towards a net-zero future and revolutionizing lightweight composite applications with greater affordability and sustainability.