Zoltek is a publicly-traded company that specializes in producing low-cost carbon fiber and related materials. The company was founded in 1975 by entrepreneur Zsolt Rumy, who set out to develop an affordable process for producing carbon fibers. Today, Zoltek operates several manufacturing facilities in the United States, Europe, and Mexico, and supplies carbon fibers to several industries, including wind energy, aerospace, automotive, and more. Zoltek’s main product is “PAN precursor” carbon fiber, which is used as a raw material for composites. The company’s proprietary process involves producing carbon fibers from a type of synthetic polymer called polyacrylonitrile (PAN). This process allows Zoltek to produce carbon fibers that are both high-quality and more affordable than other sources. The company also produces related products, such as carbon fiber-reinforced plastics (CFRPs) and tow prepreg. Zoltek has several key customers in the wind power industry, particularly in Europe. The company’s carbon fibers are used to produce lightweight rotor blades for wind turbines, allowing for higher energy output and lower maintenance costs. Additionally, Zoltek’s products are used in various aerospace and automotive applications, as well as sporting goods, electronics, and other industries. Overall, Zoltek has established itself as a leading producer of high-quality, affordable carbon fiber and related materials, and continues to innovate and expand its product offerings to meet evolving market demands.