As the year comes to a close, we wanted to take a moment to reflect on our journey over the past 12 months.
Here are just a few of the highlights:
Fully commercialized NTX® Cooltrans®
We’re excited to have put the final stamp of approval for our low carbon production facilities – NTX® Cooltrans®. The announcement in February was made especially meaningful by starting to work with premier sports and outdoor brands as their supply chain partner. Global brands have been seeking reliable low carbon supply chain partners for decades now and we are happy to be able to make that a reality.
Closed a nearly $200 million C2 financing
We’re thrilled to have raised almost $200 million in funding this year, which has allowed us to make major investments in our business. We’re using this funding to expand into new markets, continue our R&D efforts, and hire additional team members. This financing has been a key driver of our success this year, and we’re grateful for the support of our investors.
Fully commissioned our newest NTX® Cooltrans® in Cambodia
Our capacity has continued to grow with the opening of our newest plant in Cambodia. The new facility is built completely around our NTX® Cooltrans® technology. We’re proud of the quality of output we’re able to deliver from the new facility. The facility is also a testament to our commitment to providing good working conditions with the NTX ecosystem. The facility is dry, clean, and most importantly a safe place to work in.
Returned to in-person events at ISPO 2022 in Munich
At ISPO 2022, we made a happy return to in-person events and had the opportunity to reconnect with industry professionals. The event provided a hands-on experience with cutting-edge innovations in the performance segment, particularly in the area of sustainability, which aligned with NTX’s mission. A highlight of the summit was the emphasis on sustainable practices and NTX’s Cooltrans® technology was a fitting topic of discussion.
We grew our team
We’re proud to have welcomed many talented new team members this year, and we’re excited to see what the future holds with such a strong and diverse group.
Overall, it’s been an exciting and successful year for our company, and we’re looking forward to continuing to innovate and make a difference in the coming year. Thank you to all of our customers, partners, and team members for your support and contributions.