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WALTHAM, Mass.--(BUSINESS WIRE)--Tantaline??(www.tantaline.com),
the world???s leading producer of tantalum surface
alloys for hot acid environments, announced it was a first place
winner as Top Presenter in the Clean Tech track at this year's New
England Venture Summit, held December 13-14 at the Hilton
Boston-Dedham. The event featured more than 40 of the nation's top tier
VCs and investors, as well as presentations from 79 top innovators in
Tech, Life Sciences, and Clean Tech.
“We???re honored to receive the award as top presenter in Clean Tech among
a distinguished list of top innovators in New England”
???We???re honored to receive the award as top presenter in Clean Tech among
a distinguished list of top innovators in New England,??? said Dean
Gambale, president of Tantaline and the recipient of the award on
November 14. ???The award recognizes Tantaline???s innovative, game-changing
technology that solves a huge market need and also enables other
technologies to advance and progress within clean tech. Our technology
provides engineers and manufacturers with a new way to eliminate one of
the biggest and oldest challenges facing the success, efficiency,
safety, and durability of modern applications today: corrosion.???
Launched in 2008, Tantaline addresses a critical market need by
providing engineers with the most corrosion
resistant material commercially available, positioning itself as an
enabling technology for many Clean Tech applications, including advanced
batteries, fuel cells, hydrogen production, and bio-mass. Tantaline???s
technology involves heating and reacting pure tantalum metal to produce
a gaseous atmosphere of tantalum and create an alloy bond on the part???s
surface (and into the core substrate), becoming a true surface alloy.
The completed product maintains the original OEM part???s size and shape
but has the same chemical properties and corrosion resistance as pure
tantalum metal. The result is the most corrosion resistant product
commercially available, offering significantly higher corrosion
performance compared to HASTELLOY?? B, C, and D alloy grades,
titanium, and zirconium. Tantaline???s products are used primarily in the
following industries: chemical processing, next generation energy, oil
and gas, pharmaceuticals, and mining. This latest award follows
Tantaline???s recent announcement in August that it has closed a round of
Series B funding totaling $3.6 million. Led by Berwind Private Equity
(US), Vaekstfonden (DK), and CC Holdings (DK), the funding will be used
to further expand the Company???s markets and technical capabilities in
the United States and Europe.
The New England Venture Summit (presented by YoungStartup Ventures) is
the premier destination for cutting-edge startup companies and top
members of the investment community. The summit serves as a way for
emerging companies and investors to find deals, fund the future and
network with hundreds of potential partners over just a couple days.
About Tantaline
Tantaline is the world`s leading producer of surface alloys for hot acid
environments. Through its innovative tantalum surface alloy technology,
Tantaline delivers the most corrosion resistant material that is
commercially available today. With superior corrosion performance and
affordability compared to nickel alloys, titanium, and zirconium metals,
Tantaline helps businesses, ranging from global manufacturers to
laboratories, reduce costs, increase productivity, and improve safety. A
private corporation, Tantaline`s industry expertise includes chemical
processing, mining, oil and gas, energy, and pharmaceuticals. To learn
more, please visit http://www.tantaline.com
or call (888) 268-2586.