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Newlight Technologies Stock (NETE)
Newlight Technologies is a biotechnology company producing sustainable materials.
About Newlight Technologies Stock
Founded
2003
Headquarters
Irvine, CA, US
Total Funding
40.8M
Industries
Software, Artificial Intelligence, Data and Analytics
What if we could capture carbon that would otherwise become a part of the air, and use it to make materials that would otherwise be made from oil? At Newlight, we believe that the most sustainable way to reduce the amount of carbon in the air is to use greenhouse gas as a clean, cost-effective resource for the production of commercially useful materials. Founded out of Princeton University and Northwestern University in 2003, Newlight has developed, patented, and commercialized the world's first commercially-scaled carbon sequestration technology able to produce a high-performance thermoplastics that can match the performance of oil-based plastics and out-compete on price. Our mission is to replace oil-based plastics with AirCarbon on a global scale, using carbon that would otherwise go into the air to replace oil, and reducing the amount of carbon in the air on a market-driven basis.
Newlight Technologies Press Mentions
Stay in the know about the latest news on Newlight Technologies
Materials Show Highlights Next-Gen Components and Finishes
sourcingjournal • May 05, 2024
Startups Revolutionizing Carbon Dioxide into Valuable Products
energy • May 05, 2024
Canada's Infrastructure and Innovation: Powering Economic ...
areadevelopment • Jan 19, 2024
Global Plastics Circular Economy Industry Report 2023 ...
businesswire • Dec 22, 2023
Canada's Infrastructure and Innovation: Powering Economic ...
areadevelopment • Dec 22, 2023
Newlight Technologies Management
Leadership team at Newlight Technologies
Chief Executive Officer
Mark Herrema
Chief Technology Officer
Kenton Kimmel
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