Nano-Porous Solutions Lts (n-psl)
Nano-Porous Solutions Limited (n-psl) is a high technology filtration company
The business was spun out from the University of Bath in July 2007, to commercialize novel, patented, energy efficient, adsorbent hollow fibre technology developed at the University’s Department of Chemical Engineering.
n-psl are currently developing fibres for the adsorption of water, carbon dioxide and volatile organic compounds from gas streams. A wide range of adsorbents can be used to produce the multi-layer hollow fibres, which can be tailored to customers’ requirements.
The new technology could drastically reduce the amount of pollution emitted by a range of industrial processes. The technology has significant market potential due to its superior performance and operating characteristics over existing adsorption technology. n-psl fibres can be manufactured from a wide range of materials (from adsorbents to ceramics and polymers), enabling n-psl to deliver products designed to meet specific application requirements. The fibres can be used for the efficient removal and recovery and separation of a range of contaminants that include carbon dioxide, volatile organic compounds and moisture. The systems have numerous applications, in multi-billion dollar markets.
Within compressed air treatment it has the potential to lower energy consumption by up to half that used by current technology. It is estimated that this could translate into minimum accumulated savings of over four million tonnes of CO2 by the year 2050 in the UK alone.
Other key markets that may benefit from the new technology include aerospace, pharmaceutical, health care, environmental, life support, medical and food and drink.
How SETsquared / Tech Transfer Office has helped
David Coleman,Technology Transfer Manager at Bath Ventures in the University of Bath, took a lead role in identifying and developing the opportunity for a new spin-out company, and in negotiating the formation of and investment in the company.
Funding/business won so far
Since formation the company has been awarded a grant of nearly £250k from the Carbon Trust plus two research and development grants from One North East.
In February 2010 the technology spin-out company from the University of Bath has secured funding of almost £750,000 from the Royal Society Enterprise Fund and local Business Angels including John Clough, former Chief Executive of Eaga Plc.
Colin Billiet, Chief Executive of n-psl said: “This investment will enable n-psl to progress to the next stage of commercial development. New products are to be introduced to the market using the novel adsorbent hollow fibre technology.
“Research has been expanded to ensure the technology lead is extended, supporting commercial developments. The new investors provide a strategic fit and will strengthen the Board of Directors, supporting ambitious plans for future growth.
“This is an exciting stage in the company’s development and we expect 2010 to be a turning point in the growth of nano-porous solutions limited.”
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