According to filings with the U.S. Securities and Exchange Commission, Novaphos is raising up to $12,700,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Timothy Cotton 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 Novaphos
Novaphos has proprietary technology to make high-quality phosphoric acid using low-quality phosphate rock without making waste gypsum. We can also reprocess existing waste phosphogypsum into useful products. In our modern world, phosphate dependency is inherent in almost everything we do. Phosphate is mined and processed to fertilize our farms. It is added to animal feed to raise our livestock. Many industries, including pharmaceuticals, construction, and even the production of lithium-ion batteries, rely on phosphate. Through significant investment and research, Novaphos has created a groundbreaking method to produce phosphate. When fully scaled, our phosphate capacity will dramatically increase and endure, strengthening national security, food security, and related supply chains.

To learn more about Novaphos, visit http://www.novaphos.com/
Novaphos Linkedin Page: https://www.linkedin.com/company/novaphos/

Contact:
Timothy Cotton, Chief Executive Officer
863-285-8607
https://www.linkedin.com/in/tim-cotton-96b84640/

SOURCE: http://www.intelligence360.io
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