UC Spin-Off Company, General Nano, Receives Boeing 'Supplier of the Year, Technology Category' Award

General Nano, LLC | Veelo™ has been recognized as Supplier of the Year in the Technology Category by The Boeing Company. General Nano was one of 12 companies honored on the evening of April 13, 2016, for distinguished performance in working with Boeing during 2015.

• General Nano is a spin-off company established thanks to research out of the University of Cincinnati's College of Engineering and Applied Science.

General Nano, LLC | Veelo™ was notified that it was one of 548 companies to receive the Boeing Performance Excellence Award which rewards performance excellence. Achieving the Supplier of the Year designation further acknowledges superior performance and labels this class of winners as best of the best.

“At a time when we are asking more of our suppliers than ever before, Supplier of the Year winners reflect an unrelenting dedication and commitment to Boeing and its global customers,” said Pat Shanahan, Boeing senior vice president, Supply Chain and Operations. “They are among the best aerospace suppliers the world has to offer and, with their help, we will continue to lead the market with affordable, innovative and technologically advanced products and services through the next 100 years.”

This year’s recipients represent an elite group among more than 11,000 active Boeing suppliers and nearly 52 countries around the world. This selection was based on stringent performance criteria for quality performance, delivery performance, cost, environmental initiatives, customer service and technical expertise.

Joe Sprengard, president and CEO of General Nano, LLC | Veelo™, is extraordinarily proud to receive this honor on behalf of the General Nano, LLC | Veelo™ team. Joe stated: “General Nano| Veelo™ is thrilled and humbled to accept Supplier of the Year in the Technology Category by The Boeing Company. Receiving this global accolade further validates that our partnership with The Boeing Company is rooted in technological solutions that will improve the future of aviation. It also reinforces the significance of our growing company’s mission and purpose, which is to develop next generation materials that drive sustainability, improve science, and impact 21st century priorities. On behalf of General Nano| Veelo’s employees and stakeholders, thank you to the The Boeing Company for our trusted partnership. We are honored and excited about our future together.”

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If you would like more information about this topic, or to schedule an interview with Joe Sprengard, please call or email Joe Sprengard (513-309-5947;

joe.sprengard@veelotech.com

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About General Nano, LLC:

General Nano is the exclusive manufacture of Veelo, a new class lightweight, conductive, multifunctional carbon nanotube (CNT) materials for aerospace and defense applications. The Veelo™ product line improves Size, Weight, Power and Cost (SWaP-C) of next-generation aerospace and defense air vehicles, including aircraft, rotorcraft, unmanned aerial vehicles, satellites and missiles.

Veelo BLAC™ delivers unprecedented blackbody calibration on satellites and missiles, improving the systems capability to collect and process information. Veelo SHIELD™ reduces data cable weight by 25-40%, saving fuel and improving life cycle costs. Veelo STRIKE™ provides next generation lightning strike protection and multifunctional performance. Veelo HEAT™ enables lightweight flexible heating that reduces weight and cost, extends missions, and drives new design options.