San Francisco-based Private Investment Bank Advises Innovative Nanotechnology Company Serving the $1 Trillion Dollar Basic Chemicals Industry
SANTA ANA, CA – Accesswire – October 17, 2016 – QuantumSphere, Inc. (OTCQB: QSIM), a leading producer of advanced catalyst materials designed to improve production efficiencies in large-scale industrial chemical processes, today announced that it has engaged U.S. Capital Partners, Inc. as its strategic advisor for a $4M growth equity funding.
Kevin Maloney, Chief Executive Officer of QuantumSphere, commented: “We couldn’t be more pleased to be working with U.S. Capital Partners, as our growth funding round comes on the heels of a commercial validation of our lead ammonia catalyst product, our tenth issued patent, and a recent commercialization agreement executed with 95-year-old industry leader, Casale, SA.”
Mr. Maloney added, “We chose U.S. Capital for their digital platform, distribution network, and history of advising and raising capital for a broad range of companies offering impactful technologies.”
QuantumSphere’s lead product, FeNIX, has been commercially validated to reduce energy costs in the $100B ammonia industry. Ammonia is one of the world’s most critical industrial chemicals, with nearly 200 million tons in annual production. Over 80% of ammonia produced is used in agricultural fertilizers for global food production, indirectly supplying nearly 50% of all protein consumed by humans. The demand for ammonia is expected to increase as the global population rises. The production of ammonia is an energy-intensive process that is responsible for approximately 5% of annual global natural gas consumption.
Commercial validation tests conducted in 2015 demonstrated a 10% to 15% increase in catalytic activity and production output directly attributable to the use of QuantumSphere’s FeNIX catalyst technology with no modifications to the ammonia production facilities. The utilization of FeNIX provides a potential “game changing” level of performance for ammonia plant owners and operators which can translate into millions of dollars in additional profits over the life of the catalyst.
QuantumSphere plans to use the proceeds received in this new equity offering to provide working capital for the production of nanocatalysts, purchase of fixed assets, retirement of outstanding debt, and to meet other current and future working capital needs as it pursues its growth plans.
“We are delighted to be assisting QuantumSphere in a strategic investment banking role,” said Jeffrey Sweeney, Chairman and CEO at U.S. Capital Partners. “The opportunity to participate in QuantumSphere’s $4 million equity offering is now open to eligible investors through our digital investment platform, available at www.uscgs.com , which offers a curated selection of private placement opportunities.”
About QuantumSphere, Inc.
QuantumSphere, Inc. (OTCQB: QSIM), is a developer and manufacturer of advanced catalyst materials used in the production of industrial chemicals. The Company’s lead product, FeNIX, is a nanocatalyst used in the production of ammonia that integrates with existing commercial catalysts. It improves process efficiencies and production output, with real-world applications documented at up to 15% improvement. These efficiencies reduce energy consumption and deliver greater profits to chemical plant owners and operators. QSI’s value proposition is applicable to hundreds of chemical plants globally, representing billions of dollars in annual output. The company is presently focused on the $100 billion per year ammonia market, (82% of which is used to make fertilizer for food production) and has partnered with Swiss-based Casale, a 95-year-old engineering firm whose technology is utilized in nearly 40% of the world’s production of ammonia. QuantumSphere is also leveraging its intellectual property to develop catalysts for other key chemical markets, such as methanol and light olefins. The Company is based in Santa Ana, California and its common stock is quoted on the OTCQB under the ticker symbol QSIM. For more information, visit www.qsinano.com or contact Stephen Hart at [email protected] or call +1(917) 658-7878.
About U.S. Capital Partners, Inc.
Since 1998, U.S. Capital Partners has been providing well-structured, custom finance solutions to private and public companies in the United States and abroad. Headquartered in San Francisco, California, U.S. Capital Partners, operating with its affiliate U.S. Capital Global Securities Inc., is a full-service private investment bank with a wide distribution for debt and equity private placements. The group makes debt investments between $500,000 and $100 million, participates in debt facilities, and offers asset management, financial advisory services for buy-side and sell-side engagements and capital formation, including early-stage financings requiring equity or debt. For more information, visit www.uscapitalpartners.net . To learn more about this recent engagement or about how your business can secure the investment banking services it needs, email Jeffrey Sweeney, Chairman and CEO, at [email protected] or call +1(415) 889-1010.
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