Our mission as a company is to lead the commercialization of carbon fiber as a primary composite building material. To do that, we are building joint venture and team relationships with companies in other industries and in other parts of the world. It is our goal to help others to achieve new levels of performance across a range of products. From more than two decades of use in aerospace applications, the remarkable properties of carbon fiber-reinforced composites are well known and well documented. They include high strength, low weight, high stiffness, corrosion resistance, heat resistance, and electrical conductivity.
Carbon fiber possesses another important characteristic.
It is remarkably versatile in its ability to work with an assortment of different materials, including other fibers, plastics, metals, wood and concrete. As a result of this versatility, it is impossible to postulate all of the potential uses of carbon fiber in maximizing performance and lowering life-cycle costs across a range of consumer and industrial products, and across all types of construction. Zoltek makes carbon fiber through a proprietary continuous carbonization process. This price point proved to be a major turning point in stimulating new interest and demand across a variety of industries. Moreover, we became convinced that it was well within our power to make further reductions in cost and price, which could truly open the floodgates of demand across a variety of industries.