Ft. Meyers – October 12, 2026 -- Peak Nanosystems has won two innovation awards in two months, taking a Gold Edison Award for its capacitor films in April and the 2023 German Innovation Award for Excellence in May for its LGRIN lenses.

Capacitor films earn Gold Edison Award in April

The Edison Awards presented the Gold honor at a gala in Ft. Meyers, Florida. The program has recognized excellence in new product development, design, and innovation since 1987.

Capacitors made from Peak nanolayer films combine high-usage temperature performance, high energy density, and exceptional breakdown strength. According to the company, these properties extend capacitor lifetimes and allow more compact designs, particularly in electric vehicles. Peak also cites significant improvements for grid infrastructure applications.

Valley View – October 12, 2026 -- Peak Nanosystems has closed a further $25 million investment from Squadron Capital to fund larger-scale production of optical lenses and development-scale films for capacitors and specialty film applications.

All applications rely on Peak's proprietary nanolayer extrusion technology. The company is the parent of Peak Nano Optics and Peak Nano Films.

Peak Nano Optics has invested over $30 million in an Ohio foundry

The Optics unit has put more than $30 million into a development and production facility near Cleveland, Ohio. The site was commissioned in Q4 2020 and held its official grand opening in July 2021. Peak describes the facility as a first-of-its-kind Optics Foundry and the most advanced optical design and manufacturing facility in the world.

Cleveland – October 12, 2026 -- Peak Nanosystems has closed a $25mm investment from Squadron Capital to fund its acquisition of Cleveland-based PolymerPlus, giving the nanotechnology group entry into the capacitor market.

Peak Nanosystems is the parent company of Peak Nano Optics and Peak Nano Films. It will also use proceeds to expand in-house optical product development.

Acquisition secures exclusive nanolayered film IP from Case Western Reserve University

Through the deal, Peak Nanosystems gains exclusive rights to broad nanolayered film intellectual property developed at Case Western Reserve University. It also acquires in-house technology developed by PolymerPlus. The rights cover both optics and film capacitors.

Valley View, Ohio – October 12, 2026 -- Peak Nano has secured two U.S. patents for dielectric capacitor films that it says deliver four times the energy density of current biaxially oriented polypropylene (BOPP) film and hold full capacity up to 135°C, versus the 85°C limit of industry-standard BOPP.

Patent US12427754B2 targets smaller capacitor banks with a multilayered HDC film

The first patent covers Peak Nano's corona-treated multilayered High Dielectric Constant (HDC) film. Its surface modifications are optimized for metallization, tighter winding and integration in wound metallized capacitors.

The company says the nanolayer architecture delivers four times higher energy density and greater stability than state-of-the-art BOPP. Engineers can design capacitor banks up to two times smaller, cutting cost and system complexity.

Valley View – – October 12, 2026 -- Peak Nano has secured R&D funding from the Greater Akron Polymer Innovation Hub to develop nanolayered biodegradable multilayer polymer films for food, beverage and medical packaging, one of eight projects selected from more than 40 regional proposals.

Peak Nano targets hard-to-recycle multilayer barrier films

The Ohio company aims to replace conventional multilayer packaging film, which can contain many tightly bonded layers of polymers and additives that are difficult or impossible to recycle. Over time these materials fragment and shed micro- and nanoparticles into soils and waterways. Peak Nano says its alternative will keep barrier performance intact while being engineered for biodegradability.

Valley View, Ohio – October 12, 2026 -- Peak Nano has launched NanoPlex Films as a Service (FaaS), a design, prototyping and low-rate manufacturing platform that delivers working nanolayer film prototypes in as few as 6-10 weeks, compared with the multi-year timelines of new polymer development.

The platform targets medical, food and beverage packaging, power systems, electronics, aerospace, defense and industrial customers. It is built on Peak Nano's patented NanoPlex technology and what the company describes as more than 60 years of nanolayer systems formulation and processing expertise.

Valley View – October 12, 2026 -- Peak Nano and E&P Technologies have formed a strategic partnership to co-develop high-energy-density capacitors built on Peak Nano's NanoPlex HDC dielectric film, targeting fusion drivers, aerospace and aviation systems with million-shot duty cycles.

E&P selects NanoPlex HDC as the base for a new capacitor class

E&P Technologies chose NanoPlex HDC as the foundation for capacitors designed for fusion drivers, pulsed power systems and demanding aerospace and aviation environments. Peak Nano arranges multiple polymers in nanoscale configurations. Compared with traditional polymer dielectric films, the company says the result is higher energy density, improved thermal stability and enhanced electrical reliability.

Valley View – October 12, 2026 -- Peak Nano and Advanced Conversion, a wholly owned subsidiary of ETI of Clearwater, Florida, have formed a partnership to co-develop DC-link capacitors for 800V+ e-mobility, with initial product releases slated for late 2026.

Engineering teams from both companies are already developing joint products. The partnership is structured for long-term co-development across passenger EVs, commercial vehicles, off-highway platforms, electrified aviation and DC fast-charging infrastructure.

Valley View – October 12, 2026 -- Peak Nano's NanoPlex LDF film holds 95% of its room-temperature breakdown strength at 135°C and handles 25% more current than traditional film at the same voltage and temperature, without derating. Advanced Conversion has selected it as the dielectric for its new HP Drive Test Kit, a DC-link inverter solution for 800V+ Silicon Carbide (SiC) power electronics.

Advanced Conversion is a wholly owned subsidiary of Electro Technik Industries (ETI) of Clearwater, Florida. The companies describe the kit as one of the first fully domestic DC-link solutions for high-voltage e-mobility. Target platforms include Formula E and performance automotive, electric buses and heavy trucks, off-highway and industrial vehicles, and electrified aviation.

Houston – October 12, 2026 -- VAALCO Energy (NYSE: EGY, LSE: EGY) has brought the Ebouri-5H development well online offshore Gabon at an initial rate above 8,000 gross barrels of oil per day (BOPD), or 4,700 BOPD net to the company, with very low water cut.

Ebouri-5H hits 300 meters of net pay in Gamba sands

The well was drilled at the top of the Ebouri structure with a 300-meter lateral of net pay in high-quality Gamba sands. VAALCO completed the well and placed it on production as part of its ongoing Gabon drilling campaign.

Rig moves to SEENT platform for two development wells

The rig has been mobilized to the SEENT platform, where VAALCO plans to drill two development wells. The first, ETBNM-3, is planned as a directionally drilled slant well adjacent to the GMF-1X discovery well. It targets gas and condensate resources in the Dentale D15 reservoir from the crest of the North Tchibala structure.