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ItN Nanovation obtains short-term finance to improve its provision of liquid funds

ItN Nanovation AG (ISIN DE000A0JL461) has obtained further loan finance in the amount of EUR 2.0 million from one of its major shareholders which has been secured by appropriate assets.

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ItN strengthens industrial coating business in independent business unit

  • Industrial coatings and contracted research will be concentrated in single business unit
  • Research will be focused on customer specific products with prospects for own production

First Container Sales after successful tests in the US

  • Marketing partnership started
  • Adjustments will be finished with test phase until September
  • Cost reduction program at ItN is beginning to show significant effects