| Executive Summary: | Attach something to a magnet and collect it easily. TurboBeads has developed the smallest and strongest magnets on the market, nanomagnets. With this we move chemistry, precious molecules and high value metals by attaching them to zillions of our extremely small and rapidly collectable magnets. This greatly simplifies chemical, mining and biotech separations and speeds up medical diagnostics. Our approach is extremely powerful in situations where classical separation processes fail – large volume process streams carrying very dilute concentrations of products.
Making full use of our technical pioneer position we rely on strategic partnerships (predominantly multinational companies) to enter existing separation markets.
Successful implementations at large clients and currently 4 products on the market demonstrate technical robustness. Our current focus lies on new customers. By extending our range of partnerships, we open additional applications and thus contribute to manufacturing volumes and cash-flow. |