Canatu receives the Helsinki-Uusimaa Business Award – recognition for growth and international operations
VANTAA, FINLAND – May 16, 2025 – Canatu Plc (“Canatu”) has been awarded the Uusimaa Business Award, which aims to encourage entrepreneurship and highlight top talent in the Uusimaa region in Finland. The recipient of the annual award was announced on Thursday 15 May 2025 at the Uusimaa Day celebration held in Vantaa.
The Business Award, presented by the Helsinki-Uusimaa Regional Council and its partners, has been awarded annually since 1993. This year, the selection criteria particularly emphasized internationality, growth and development orientation, and responsible business operations. The winning company is a forerunner in its field, with a business model built on a sustainable foundation.
We see Canatu’s future prospects as very bright in strongly growing markets, particularly due to its distinctive technology, scalable business model, and proven mass production capabilities. In addition, we were impressed by Canatu’s strong customer relationships with leading global companies and its management, which attracts international talent.
Outi Ervasti, Vitality Manager at the Helsinki-Uusimaa Regional Council and a member of the business awards jury
We are deeply honored by this recognition. It is a testament to our team’s uncompromising work and the uniqueness of our technology, and it inspires us to continue our work in developing future technologies together with our customers and partners. Our goal to scale production at our Vantaa facility and help build a ‘nano valley’ in Finland not only accelerates growth but also supports the development of technology expertise in the Uusimaa region.
Juha Kokkonen, CEO of Canatu
The selection decisions are made by an expert jury, which includes representatives from the Helsinki-Uusimaa Regional Council; the Uusimaa Centre for Economic Development, Transport and the Environment; entrepreneurial organizations in Espoo, Helsinki, Vantaa, and Uusimaa; and the Helsinki Region Chamber of Commerce.
A recording of the award ceremony and the CEO Juha Kokkonen’s speech can be viewed here for 14 days.
Additional information:
CEO Juha Kokkonen, tel. +358 405 430 367
Board member Tuomo Vähäpassi, tuomo.vahapassi@lifeline-spac1.com
Certified Adviser
DNB Carnegie Investment Bank AB (publ), tel. +46 (0)73 856 42 65
About Canatu
Canatu (CANATU, Nasdaq First North, Finland) is a fast-growing deep technology company creating advanced carbon nanotubes (Canatu CNTs), related products, and manufacturing equipment for the semiconductor, automotive, and medical diagnostics industries. Canatu partners with forerunner companies, together transforming products for better tomorrows with nano carbon.
Canatu’s versatile platform technology has broad potential applications. Its current core includes CNT membranes for extreme ultraviolet (EUV) processes in the semiconductor industry, enabling the manufacturing of the most advanced chips, as well as film heaters for advanced driver-assistance systems (ADAS) in the automotive industry. Additionally, electrochemical sensors for medical diagnostics are in the development phase. Canatu’s patented CNT reactors and Dry DepositionTM method yield clean and pristine CNTs. The company operates through two business models: selling CNT products directly, as well as selling CNT reactors and licensing the related technology so that customers can produce CNT products under a limited license.
Headquartered in Finland, Canatu also operates in the US, Japan, and Taiwan. Founded in 2004 as a spin-off from Aalto University’s Nanomaterials Group, Canatu currently has around 140 employees representing 35 nationalities, with 20 percent holding or pursuing doctorates. Discover more at www.canatu.com and follow us on LinkedIn.
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