NanoXplore Corporate Announcement Highlights Growth and Innovation

MONTREAL, Feb. 27, 2026 (GLOBE NEWSWIRE) -- NanoXplore Inc. (“NanoXplore” or “the Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, announced today the mutually agreed resignation of Soroush Nazarpour from its Board of Directors. The Corporation reaffirmed that it remains fully focused on executing its strategic priorities and advancing its graphene growth initiatives.

NanoXplore, a prominent Canadian graphene producer, has made significant strides in its business operations, as outlined in the recent corporate announcement. The company has focused on enhancing its production capacity and expanding its market reach, leveraging the growing demand for graphene-based products across various industries.

The announcement highlights the company's recent achievements, including successful collaborations with global partners that have bolstered its research and development efforts. These partnerships aim to innovate and commercialize cutting-edge applications of graphene, particularly in fields such as electronics, energy storage, and advanced materials.

Financial performance is also a key aspect covered in the announcement. NanoXplore's recent financial results demonstrate a positive growth trajectory, attributed to increased sales and strategic investments in technology and infrastructure. The company has reported a notable uptick in revenue, reflecting the rising interest and utility of graphene in diverse applications.

Moving forward, NanoXplore is committed to sustaining its growth and leading the market in graphene production. The announcement outlines future projects and initiatives aimed at enhancing production efficiency and reducing costs, which are crucial for maintaining competitiveness in the rapidly evolving materials industry. Plans for expanding their operational facilities and investments in state-of-the-art technologies are also on the horizon.

In addition, the announcement addresses the company's ongoing efforts in sustainability and environmental responsibility. As graphene production scales up, NanoXplore emphasizes its commitment to energy-efficient processes and reducing its environmental footprint, signaling its alignment with global sustainability goals.

Overall, NanoXplore's corporate announcement reflects a proactive approach to navigating the challenges and opportunities within the graphene sector. The company's strategic focus on innovation, production capacity, and sustainability positions it well for continued success and leadership in the industry.