Kennewick, WA – According to filings with the U.S. Securities and Exchange Commission, Carbitex is raising $3,712,819.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ron Boninger played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Carbitex

Carbitex Focuses On Harnessing Carbon Fiber’s Extreme Performance in a Flexible Form We believe advanced materials are the prerequisite to being faster, stronger, and lighter – three never-ending pursuits of the human race. Over the past 5 years our efforts have not only harnessed carbon fiber’s extreme properties such as its high-tensile strength and low elongation, but we’ve uncovered a number of other unique performance benefits only found in flexible composites. While the market is focusing on rigid applications, Carbitex focuses on harnessing carbon fiber’s performance in a flexible form.

To learn more about Carbitex, visit http://www.carbitex.com/

Contact:
Ron Boninger, Chief Executive Officer
509-591-9775
https://www.linkedin.com/in/ron-boninger-b04337121/

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