Press release
LITMUS Defense in Exclusive US Naval Air Warfare Center Cooperative Research Agreement
LITMUS, LLC, a leading global technology innovations company, today announces that its majority owned subsidiary, LITMUS Defense, LLC, has entered into a formal agreement with the U.S. Naval Air Warfare Center, Weapons Division (NAWCWD), for the research and development of carbon nanostructures in advanced rocket motors and warheads.The NAWCWD is the premier research and development center within the Naval Air Systems Command, conducting basic and applied research of advanced technologies related to tactical naval air weapons systems. NAWCWD has extensive expertise, multi-billion dollar research and test facilities and information in energetic systems.
The use of high quality carbon nanotubes and nanofibers into various rocket motor and warhead components and propellants can provide multiple enhanced properties, such as increasing thermal conductivity and performance, increasing the strength of materials and alloys, and reducing the weight and size of structural components, thereby dramatically affecting the structure and propellants of rockets to provide greater thrust per second into a system.
Bill Nevius, President of LITMUS Defense, said: “We have significant knowledge and experience in the complex chemistries involved with the successful integration of carbon nanostructures. As such, we are uniquely qualified as a commercial partner to conduct the required research and to then commercialize the technologies resulting from these efforts.”
Mark Diggs, Chief Executive Officer of LITMUS, said: “We are confident that this collaboration will prove highly beneficial for both parties. It will enable us to leverage significant government assets and knowledge towards the rapid development and commercialization of advanced technology applications and the potential for innovation and creation of new products is an exciting prospect.”
LITMUS, LLC is a global technology innovator which identifies disruptive technologies and services that can provide unique commercial solutions to significant unmet market needs. The Company’s alternative approach to traditional funding and business development models enables it to then create revolutionary technology companies before scaling each one towards a liquidity event.
The LITMUS management team has rigorously applied its business methodology to create the following portfolio of divisions and subsidiaries: LITMUS nanoTechnology, LITMUS FQI, LITMUS RAPID-B and LITMUS Molecular Design. LITMUS has also created two subsidiaries that complement the Company’s technology portfolio and enhance the execution of LITMUS’ business methodology in LITMUS Defense and LITMUS Consulting.
Founded in 2002, LITMUS, LLC is headquartered in Little Rock, Arkansas USA, and has offices across America and in London, England. For more information, visit www.litmusgti.com.
LITMUS LLC
9821 Katy Freeway
Suite 500
Houston
Texas 77024
USA
Mark Diggs, Chief Executive Officer
Tel: 1 713 464 7770
mdiggs@litmusgti.com
For media enquiries:
Abchurch
Gareth Mead
Tel: 44 (0) 20 7398 7700
gareth.mead@abchurch-group.com
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