NanoXplore Reports First Quarter Fiscal 2027 Results with Revenue up 36% and Begins Commercial Graphene Supply to Lead Insulating Foam Customer

(TSX:GRA, OTCQX:NNXPF) NanoXplore Inc. reported financial results for the three-month period ended September 30, 2026. Total revenues for Q1-2027 were $31,813,813, a 36% increase from $23,442,651 in Q1-2026. Adjusted gross margin on revenues from customers was 21.7%, up from 17.3% last year. The company reported a loss of $3,535,293 compared to a loss of $3,776,330 last year. Adjusted EBITDA was $714,160, compared to an Adjusted EBITDA loss of $1,390,101 last year. The Advanced Materials, Plastics and Composite Products segment had an Adjusted EBITDA of $817,764, compared to a loss of $1,318,758 last year. The Battery Cells and Materials segment had an Adjusted EBITDA loss of $103,604, compared to a loss of $71,343 last year. Total liquidity as at September 30, 2026, was $28,517,890, including cash and cash equivalents of $23,517,890. Total long-term debt was $9,820,218, lower by $734,217 compared to June 30, 2026. The company expects total revenues in the second quarter to be between $31M and $32M and reiterates its guidance for fiscal year 2027 between $130M and $140M. Rocco Marinaccio, President & Chief Executive Officer, highlighted the 36% revenue growth to $31.8 million, a 440 basis point increase in adjusted gross margin to 21.7%, and positive adjusted EBITDA. In October, NanoXplore began commercial supply of graphene masterbatch to its lead insulating foam customer with a 40 metric tonne order (30% graphene powder by weight), and expects to ramp up quickly with volumes exceeding 500 tonnes during the current fiscal year. The customer is on track for approximately 1,000 tonnes per year of masterbatch in their first full year of production, with potential for additional volume growth. NanoXplore is negotiating to expand masterbatch production capability for this customer. Several other insulating foam customers are performing plant trials and may begin purchasing during the current fiscal year. NanoXplore expanded promotion of graphene in insulating foam to European customers and began lab and plant trials in the EU. New graphene evaluation projects are underway with film manufacturers, converters, and end users in packaging, agriculture, industrial films, and consumer goods. The company started a new collaboration with a major global consumer brand of trash bags to reduce plastic consumption, increase recycled resin use, and lower material costs. CP Chem shipped NanoSlide® samples to multiple prospective customers, with all completed initial laboratory tests confirming performance. Several key customers requested formulation adjustments for faster friction reduction and drilling speed, and CP Chem is creating an additional NanoSlide® product to meet these needs. The next phase involves well trials. NanoXplore advanced a project with a large compounder of conductive masterbatches to create a hybrid graphene/carbon black formulation, currently being scaled up for customer sampling. Several other graphene conductivity projects are in progress for energy storage and electronic applications. NanoXplore is converting Club Car’s thermoplastic formulation to a graphene enhanced recycled compound and launched its own graphene enhanced Sheet Molded Compound (SMC) material at the Advanced Materials Expo (CAMX) in October. Internal adoption of Grapheneblack tm SMC will begin in Q3, with promotion and commercialization to external customers. The company is pursuing additional graphene-based recycled business through Canuck Compounders, with conversion to graphene-enhanced recycled compounds expected to begin in early calendar 2027. VoltaXplore continued to supply cells to prospective customers for testing and qualification during the quarter. On September 17, 2026, NanoXplore was selected as a qualified supplier under the Government of Canada’s Defence Drone Initiative (DDI) Marketplace, Stream 5, covering VoltaXplore’s graphene-enhanced lithium-ion 21700 cells and composite components. On October 5, 2026, VoltaXplore established an Advisory Board and appointed Jonathan Blanshay, founder and Executive Chairman of Galvion Inc., as its first member. VoltaXplore's technology development is supported by Natural Resources Canada's Energy Innovation Program and the National Research Council of Canada's IRAP. VoltaXplore continues to pursue supply opportunities with the Canadian Armed Forces, Department of National Defence, and other Government of Canada purchasers, with letters of intent executed with module and pack manufacturers. Commissioning and internal product qualification were completed for one principal D-Series grade, with the production module demonstrating steady-state production and designed for up to 1,000 tonnes annual capacity. The module is also being used for process optimization and qualification of remaining D-Series grades, with engineering improvements and production ramp-up expected over the next two quarters. Customer qualification is ongoing for D-Series graphene produced on the commercial module.

NanoXplore and Techmer PM Launch Revolutionary GrapheneBlack xGnP™ Masterbatch for High-Performance Plastic Films

(TSX:GRA) NanoXplore Inc. and Techmer PM announced the commercial launch of a GrapheneBlack xGnP™ Masterbatch, a new graphene-enhanced solution designed for high performance plastic film applications. The product has demonstrated more than 70% improvement in mechanical strength and may enable thickness reduction of up to 20% while fully maintaining tensile, tear, and puncture performance. NanoXplore is the world’s largest manufacturer of high-quality, cost-effective graphene, with 4,000 metric tons of annual production capacity in Montreal, Canada. Techmer PM operates several North American plants and offers in-house film production capabilities, including a 5-layer blown film line that supports small-scale sampling and real-world process validation. NanoXplore filed a provisional patent in May 2026, and the companies will officially unveil the new co-developed product line at the AMI Flexible Packaging Innovation and Recycling Conference in Milwaukee on June 24–25, 2026. The company holds global regulatory approval for unlimited sales volumes of graphene in North America and serves as the lead REACH registrant for graphene in both the EU and the United Kingdom. The jointly developed product is the result of a collaboration combining NanoXplore’s proprietary high-surface-area xGnP™ graphene technology with Techmer PM’s advanced dispersion technology, Techsperse™.

NanoXplore Reports Results for its Q3-2026

NanoXplore Inc. (TSX: GRA and OTCQX: NNXPF) reported its financial results for the three-month and nine-month periods ended March 31, 2026. For Q3-2026, total revenues were $32,347,377, a 6% increase from $30,446,165 last year, and adjusted gross margin on revenues from customers was 22.9% compared to 22.4% last year. The company reported a loss of $2,646,921 compared to a loss of $1,747,714 last year, and adjusted EBITDA of $1,179,521 compared to $1,420,555 last year. Total liquidity as at March 31, 2026 was $34,401,126, including cash and cash equivalents of $24,401,126, and total long-term debt was $16,118,123, higher by $11,805,199 compared to June 30, 2025. The company highlighted sequential revenue growth, the commissioning of a new dry-process manufacturing module, and the introduction of its first product, xGnP TM D-500HP.

NanoXplore Launches xGnP™ D500-HP, High-Purity Graphene to Replace Conventional Conductive Additives

NanoXplore Inc. (TSX: GRA and OTCQX: NNXPF) announced the launch of xGnP™ D500-HP, a high-purity graphene powder with 99.8% purity and a surface area of 500 m²/g, designed for highly conductive applications. The D500-HP offers electrical conductivity and static-dissipation performance comparable to leading conductive carbon blacks, with more than twice the flexural strength and stiffness. The company has completed installation of its first dry-process production module, designed for an annual capacity of 500 to 1,000 tonnes. Initial commercial shipments are expected to commence in FY2027. This launch expands NanoXplore's opportunity to capture market share in the multi-billion-dollar carbon black industry.