California Nanotechnologies Corp. is a development-stage company. The Company is engaged in the development, processing, marketing and sale of nanocrystalline materials for coatings and bulk material applications. The Company operates in two segments: Nanocrystalline materials and Solar coatings. Nanocrystalline materials include the development, processing, marketing and sale of nanocrystalline materials for coatings and bulk material applications. Solar coatings conduct sales of the application of white solar reflective roof coatings. It produces powders, billets, wire and precision forged components from nano, near-nano, ultrafine, and conventional advanced materials. It also produces advanced cold forged parts which include fasteners, bolts, pins, caps and many other components. It also provides cemented carbides for oil and gas (down-hole drilling), mining and other industries. It supplies thermal spray powders that are utilized for wear, corrosion and thermal barrier coatings.