NanoXplore Inc. announced that it has entered into an exclusive, long-term supply agreement with Club Car, a leading company in the recreational products sector. The agreement is expected to generate approximately $15 million in annualized revenues for NanoXplore, with production having commenced in October. Under the multi-year agreement, NanoXplore will initially supply graphene-enhanced virgin polypropylene for the production of lightweight and durable components for recreational equipment. In a subsequent phase, Club Car plans to transition to graphene-enhanced recycled polypropylene sourced from NanoXplore's Canuck Compounders. The agreement is part of NanoXplore's strategy to expand into new markets and incorporate sustainability practices into its product offerings.