logo
HYCU® R-Cloud™ for iManage Cloud Now Generally Available

HYCU® R-Cloud™ for iManage Cloud Now Generally Available

Business Upturn6 days ago
Boston, Massachusetts, Aug. 12, 2025 (GLOBE NEWSWIRE) — HYCU, Inc., a leader for modern data protection for on-prem, cloud, and SaaS and one of the fastest growing companies in the industry, announced the general availability of HYCU R-Cloud™ for iManage Cloud. This milestone follows a successful early access program launched in partnership with iManage, empowering legal, accounting, and professional services firms to protect critical knowledge work with automated, customer-controlled backups.
Built exclusively for iManage Cloud and delivered through HYCU's R-Cloud platform, the solution allows organizations to store immutable backup copies of their iManage data in their own storage environments, whether for compliance, governance, or peace of mind. This allows customers the ability to recover anything from a single document to an entire library in just one click, including metadata and permissions, all from a unified interface with no scripting or manual exports required.
'As organizations become more reliant on cloud applications like iManage, the need for tailored, resilient data protection has never been more urgent,' said Simon Taylor, Founder and CEO, HYCU, Inc. 'HYCU R-Cloud for iManage Cloud is purpose-built to solve this challenge. We're giving customers complete control over their data, with the flexibility to meet evolving security, governance, and recovery needs, without complexity.'
The official launch of HYCU R-Cloud for iManage Cloud marks a critical step forward in the strategic partnership between HYCU and iManage, which began in 2024 with the goal of helping legal and professional services firms protect their most sensitive data from human error, ransomware, or accidental loss.
'iManage is highly committed to provide end-to-end cyber resiliency across our platform. We're excited to work with HYCU to bring this solution to all iManage Cloud customers,' said Neil Araujo, CEO, iManage. 'HYCU enhances the trusted enterprise-grade resiliency and security of iManage Cloud by giving customers who need more control the ability to design their backup architecture in a way that supports their specific business and compliance objectives. It's about choice without compromise.'
Klein Hornig LLP, a leading law firm centered on affordable housing and community development, is already preparing to deploy the generally available solution. As a long-time user of both HYCU and iManage, Christopher Cummings, Director of IT and Operations at the firm, sees it as a natural evolution in their data protection strategy.
'iManage is essential to how our legal teams work, and we've trusted HYCU for years to simplify and strengthen our backup operations,' said Cummings. 'Now, with HYCU R-Cloud for iManage Cloud, we get an added layer of resilience, our data, our storage, our control. It's the assurance we need without added complexity.'
HYCU R-Cloud for iManage Cloud is now available on the HYCU Marketplace. The solution supports granular recovery, customizable retention policies, and ransomware-proof backups stored in customer-owned cloud environments including AWS, Azure, Wasabi, and others.
Meet HYCU at ILTACON 2025 at Booth #426
HYCU will be showcasing R-Cloud for iManage Cloud live at ILTACON 2025, along with full findings from recent research of legal sector IT leaders (See related release: 'HYCU Shares Key Findings from Legal and Professional Services Research and Showcase R-Cloud Platform at ILTACON 2025.') ILTACON, hosted by the International Legal Technology Association (ILTA) runs from August 10–14 at the Gaylord National Resort and Convention Center in National Harbor, Maryland.
For more information on HYCU, visit www.hycu.com, follow us on X (formerly Twitter), connect with us on LinkedIn, Facebook, Instagram, BlueSky, and YouTube.
###
About HYCU
HYCU is the fastest-growing leader in the multi-cloud and SaaS data protection as a service industry. By bringing true SaaS-based data backup and recovery to on-premises, cloud-native, and SaaS IT environments, the company provides unrivaled data protection, migration, disaster recovery, and ransomware protection to thousands of companies worldwide. The company's award-winning R-Cloud platform eliminates complexity, risk, and the high cost of legacy-based solutions, providing data protection simplicity to make it the#1 SaaS Data Protection platform. With an industry leading NPS score of 91, HYCU has raised $140M in VC funding to date and is based in Boston, Mass. Learn more at www.hycu.com.
Attachment HYCU® R-Cloud™ for iManage Cloud Now Generally Available
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CelHive: The Rising Unicorn Transforming the Future of AI Workforces
CelHive: The Rising Unicorn Transforming the Future of AI Workforces

Yahoo

time2 hours ago

  • Yahoo

CelHive: The Rising Unicorn Transforming the Future of AI Workforces

Revolutionary AI platform achieves 200,000 users milestone, showcasing unprecedented growth in the booming AI agent technology sector HONG KONG, Aug. 17, 2025 (GLOBE NEWSWIRE) -- CelHive is rapidly emerging as the next potential unicorn in the artificial intelligence space, demonstrating explosive growth that exemplifies the transformative power of AI agent technology. With user numbers already surpassing 200,000, the platform is setting new benchmarks in what industry leaders unanimously call "the year of AI agents."The innovative platform seamlessly integrates nearly 25 cutting-edge large language models, intelligently selecting optimal AI solutions for each task while orchestrating sophisticated tool deployments to deliver exceptional user experiences. Redefining Digital Productivity CelHive represents a quantum leap beyond traditional AI models like ChatGPT, Claude, and DeepSeek. Operating as an intelligent digital workforce, the platform proactively executes complex multi-step processes - from crafting comprehensive reports and building dynamic websites to producing engaging presentations, creating compelling videos, designing travel itineraries, conducting sophisticated investment analyses, and developing educational content. This revolutionary approach is transforming how businesses conceptualise productivity, with CelHive users reporting dramatic efficiency gains across diverse industries. Three Pillars of Competitive Advantage CelHive's meteoric rise stems from three groundbreaking competitive advantages that position it at the forefront of AI innovation: Real-Time Intelligence: While competitors rely on outdated data, CelHive's proprietary internet search technology delivers instantaneous access to the world's most current information, providing users with millisecond-response capabilities that keep them ahead of the curve. Enhanced Accuracy: Through sophisticated cross-modal verification systems, CelHive has virtually eliminated AI hallucinations. Its advanced text-image-table cross-validation and query expansion-retrieval-reranking technologies ensure responses that precisely match user intentions with remarkable reliability. AI Collaboration: CelHive's collaborative features enable real-time editing, instant downloads, and genuine partnership between humans and AI, creating workflows that amplify human creativity and strategic thinking. The Agent Space Revolution CelHive's upcoming Agent Space functionality promises to unleash unlimited creative potential. This groundbreaking feature will empower users to upload materials, train personalised AI agents, and build comprehensive knowledge bases. The platform's innovative pay-per-call marketplace model creates exciting opportunities for users to monetise their AI innovations while contributing to a thriving ecosystem of specialised intelligence. "We're witnessing the birth of the world's first truly collaborative AI economy," explains the company's Founder. "CelHive isn't just a platform - it's an entire universe of possibilities where human creativity meets artificial intelligence." Explosive Market Growth The AI agent market's trajectory toward $200 billion by 2025 represents one of the most significant technological opportunities in modern history. CelHive's remarkable user growth - reaching 200,000 users with accelerating adoption rates - demonstrates the platform's potential to capture substantial market share in this high-growth, high-value sector. Industry analysts are particularly impressed by CelHive's user retention rates and engagement metrics, which suggest strong product-market fit and sustainable growth momentum. Unlimited Imagination Space CelHive's rapid expansion showcases the unlimited possibilities when cutting-edge technology meets visionary execution. The platform's multimodal AI capabilities represent the pinnacle of artificial intelligence development, positioning it perfectly for the investment community's shift from infrastructure to value-creating applications. With each passing month, CelHive continues to expand its capabilities, integrate new technologies, and explore innovative use cases that seemed impossible just years ago. This relentless innovation cycle creates boundless opportunities for growth and market expansion. Pioneering the Future of Work CelHive represents the evolution from AI-as-a-tool to AI-as-a-teammate. By combining human creativity with artificial intelligence capabilities, the platform enables businesses to achieve outcomes previously requiring entire departments. The platform's continued innovation cycle and expanding feature set demonstrate the transformative potential when advanced technology meets practical business needs. CelHive is not just participating in the AI revolution—it's defining how artificial intelligence will reshape work, productivity, and human potential in the digital age. As businesses worldwide embrace AI-powered automation, CelHive stands at the forefront of this transformation, proving that the future of work lies in seamless human-AI collaboration that amplifies capabilities and creates extraordinary value. Media contact Brand Name : CelHive Contact Person: Marketing Team Email: info@ Website: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

NANO Nuclear Reports Third Fiscal Quarter 2025 Financial Results and Provides Business Update
NANO Nuclear Reports Third Fiscal Quarter 2025 Financial Results and Provides Business Update

Yahoo

time2 hours ago

  • Yahoo

NANO Nuclear Reports Third Fiscal Quarter 2025 Financial Results and Provides Business Update

Figure: 1 New York, N.Y., Aug. 14, 2025 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) ('NANO Nuclear' or 'the Company'), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today reported its third fiscal quarter financial results and provided a business update. 'NANO Nuclear continues to benefit from a global nuclear energy renaissance driven by several long term, sustainable growth trends and significant regulatory tailwinds. These include growth in AI data centers, industrial reshoring, and broader electrification, all driving a significant need for clean and reliable power, energy sustainability and independence, and climate mandates requiring reliable zero-emissions energy, all coming in an era of unprecedented bipartisan legislative and policy support in the U.S. for nuclear energy. Equally important, there is broad recognition that advanced reactors like the ones we are developing will be critical to future clean energy infrastructure,' said Jay Yu, Founder and Chairman of NANO Nuclear. 'As we look at our competitive position in the advanced nuclear reactor space, our January 2025 acquisition of the KRONOS MMRTM Energy System has accelerated our trajectory, positioning us as a North American leader in the race to microreactor commercialization. During the quarter, our team continued to build onto a strong start to the year, achieving several critical milestones tied to the advancement of KRONOS MMR toward construction, demonstration, licensing and deployment in the U.S. and resuming the efforts of KRONOS' prior owner in Canada. We're confident KRONOS' proven high- temperature gas reactor design, significant prior R&D investment, and numerous patents validate its high-technological readiness and differentiate it from our competition. With a strong balance sheet, access to capital, and growing support and interest from long-term oriented institutional investors, we believe we're well-positioned to capitalize on the broader macro trends driving demand for our advanced nuclear solutions.' Financial Results for Nine Months Ended June 30, 2025 Operating Activities $14.7 million used in operating activities during the nine months ended June 30, 2025, reflecting an increase in operations and research and development expenses, primarily to support advancement of the KRONOS MMR. Investing Activities $12.9 million used in investing activities during the nine months ended June 30, 2025, which includes $9.1 million for the acquisition of certain assets (including the KRONOS MMR) and $3.8 million primarily related to our investment in property and equipment related to the build out of our demonstration facility in Westchester, New York. Financing Activities $209.3 million in net cash provided by financing activities during the nine months ended June 30, 2025. Cash and Cash Equivalents The Company had cash and cash equivalents of $210.2 million as of June 30, 2025, up from $28.5 million on September 30, 2024, following an October 2024 follow-on offering and private placements in November 2024 and May 2025. The Company filed its first universal shelf registration statement, inclusive of an ATM facility, which are part of a disciplined capital management strategy to expedite our long-term growth and provide the flexibility to take advantage of favorable market conditions. The effectiveness of such registration statement is pending. Technological Advancements & Regulatory Progress Advancing KRONOS MMR Toward Licensing and Deployment in U.S. and Resuming Canadian Demonstration Site Advanced patented KRONOS MMR toward licensing activities with the U.S. Nuclear Regulatory Commission (NRC) and deployment of the first KRONOS reactor prototype at the University of Illinois Urbana-Champaign (UIUC). We believe progress with the KRONOS MMR can potentially streamline and support parallel advancement through Canada's licensing process. Executed a key collaboration agreement to build out our first KRONOS MMR at the UIUC. The site has been selected and preparatory work towards an NRC construction permit application has been initiated. Received an approved Fuel Qualification Methodology Topical Report from the NRC for the project. Executed a Master Services Agreement with AECOM, a global infrastructure leader, to support site specific engineering, environmental analysis, and regulatory planning at UIUC. Focused on resuming formal licensing activities of the KRONOS MMR in Canada, where the KRONOS MMR is the first microreactor to have completed a Phase 1 review with the Canadian Nuclear Safety Commission. Each of these achievements are essential steps ahead of our planned construction permit application to the NRC. Operational Progress & Strengthening Leadership Key Appointments & Wins Validate Growing Significance in Advanced Nuclear Industry​ NANO Nuclear continues to attract and appoint high-caliber talent to key leadership roles. Rick Perry appointed as the Chairman of NANO Nuclear's Executive Advisory Board. Secretary Perry served as U.S. Secretary of Energy from 2017 to 2019 and the 47th Governor of Texas. As Secretary of Energy, Perry worked to advance energy policies to promote American energy independence, notably backing nuclear power. Seth Berl, Ph.D. appointed to as an independent director of the Company. Dr. Berl's career spans almost two decades at the intersection of cutting-edge technology, applied research, and government programs. He is the current Global GTM, Government Technologies Chief Technologist at Intel Corporation, where he shapes technology and go-to-market strategy for worldwide government solutions. Before Intel, Dr. Berl served as Deputy Chief Data Officer at the U.S. Department of Energy (DOE) where he led the enterprise data technology strategy harnessing data & artificial intelligence to drive operational results. Vice Admiral Charles J. Leidig, Jr. appointed as Chairman of NANO Nuclear's Executive Advisory Board for Naval Nuclear Initiatives. Vice Admiral Leidig served as Deputy to the Commander for Military Operations, U.S. Africa Command from August 2010 to June 2013, capping a 39-year Navy career. Brent Hamilton was appointed as the NANO Nuclear's Director of Quality Assurance. Mr. Hamilton has over 26 years of quality control, quality engineering, and quality assurance experience, primarily in nuclear construction for commercial nuclear, DOE projects, and nuclear fuel manufacturing. Recruitment Drive, Engineering New Hires, and Acquisition of Demonstration and Office Facility to Support KRONOS MMR Development Recruitment drive initiated with a focus on Midwestern United States to expand engineering and project development teams to support KRONOS MMR efforts at UIUC and in Canada. Initial success highlighted by hiring of over a dozen engineers focused on advancement of KRONOS MMR through the construction, demonstration and licensing processes. Acquired 2.75-acre land and building package in Oak Brook, Illinois to provide engineering, R&D and manufacturing support for KRONOS MMR development. Selected for Inclusion into Solactive Global Uranium & Nuclear Components Total Return Index, Qualifying It for Inclusion in the Prominent Global X Uranium ETF ('URA') Selected to be included in the Solactive Global Uranium & Nuclear Components Total Return Index, effective as of August 7, 2025, following the index's semiannual review. The index is designed to track the price movements of shares in companies that have (or are expected to have) exposure to the uranium industry. NANO Nuclear's common stock now qualifies for inclusion in the prominent Global X Uranium ETF (ticker 'URA'), with approximately $4 billion in net assets, which passively tracks the Solactive Global Uranium & Nuclear Components Total Return Index. Notably, the Global X Uranium ETF is the world's preeminent ETF providing institutional and retail investors broad exposure to companies involved in uranium mining and the production of nuclear components. New Collaboration Tightly Aligned with Strategic Focus on Vertical Integration Signed MOU with UrAmerica, which supports our ability to secure the necessary resources and future partnership to de-risk and decentralize our nuclear fuel supply chain, as well as expand our vertically integrated capabilities. Advancing Proprietary Annular Linear Induction Pump (ALIP) Technology Through SBIR Phase III Program Assembled patent pending ALIP technology onto a test loop and integrated to a controllable test setup for variable design validation at NANO Nuclear's Demonstration Facility in Westchester County, New York. ALIP technology offers potential to enable the development of next-generation reactors utilizing molten salts or liquid metals. Advancing ALIP through the SBIR Phase III process has helped mature the system extensively, potentially opening the door to commercial sales activities later this year or in 2026. Corporate Outlook KRONOS MMR Well-Positioned to be a North American Leader in the Microreactor Race High-technological readiness, well-known reactor design, and substantial research and development investment by previous owner expected to benefit KRONOS MMR in U.S. and Canadian licensing processes Substantial historical data on high-temperature gas-cooled reactor design in both research and commercial settings. We believe KRONOS MMR benefitted from over $120 million raised for its development prior to being acquired by NANO Nuclear. NANO Nuclear aims to be the first commercial microreactor company in the U.S. to file for construction permit application. Targeting submission of a construction permit application for KRONOS MMR to U.S. NRC toward the end of 2025 or early 2026. NANO Nuclear intends to resume the licensing process for KRONOS under Canadian Nuclear Safety Commission (CNSC) oversight and has been actively engaged with the Canadian Nuclear Laboratory (CNL) toward securing a site for the project at Chalk River. NANO Nuclear is aiming to be the first company to build a licensed microreactor in Canada intended for commercial deployment. Expect Progress in Commercial Negotiations Over Next Several Quarters Actively pursuing commercial negotiations with several customers focused on AI Data Center projects, while also evaluating exciting early-stage opportunities for remote projects or communities in the U.S., Canada, and abroad that value reliable, clean, nuclear energy. Additional progress on the licensing front offers potential to further de-risk KRONOS MMR and benefit NANO Nuclear in its commercial negotiations. Exploring Attractive Opportunities to Expand Vertical Integration Actively exploring attractive opportunities to enhance vertical integration through collaborations and/or strategic mergers and acquisitions. Progress in these areas offer potential to de-risk microreactor deployment, add shareholder value and provide near-term revenue generation potential in parallel with microreactor development. Expect Strong Financial Profile and Access to Capital to Enhance Competitive Positioning Strong balance sheet and access to capital markets differentiates NANO Nuclear from private company peers, provide the opportunity to accelerate KRONOS MMR development, and provide the optionality to take advantage of favorable market conditions. 'Our team is making significant progress across several key initiatives and is dedicated to advancing and executing our technology development roadmap,' said James Walker, Chief Executive Officer of NANO Nuclear. 'With the potential of being the first commercial microreactor in the U.S. to successfully file for a construction permit application and the first licensed microreactor in Canada intended for commercial deployment, the KRONOS MMR positions us as a leader in the North American microreactor race. Our growing significance in the advanced nuclear energy industry, compelling technology, bold vision and laser focused efforts are enabling us to expand both our technical and regulatory teams to propel our strategic initiatives. Ensuring the successful deployment of KRONOS MMR requires more than just reactor design, which is why we have made it a priority to focus on securing key stages of the nuclear fuel supply chain. We also believe this commercially focused, vertically integrated approach gives us leverage to capture upside across multiple verticals as the broader advanced reactor market grows. Looking ahead, with a strong balance sheet, clear access to capital, and a world class technical and leadership team filled with former U.S. national leaders, we believe we're well-positioned to deploy our microreactors and capture value across the broader nuclear energy landscape.' About NANO Nuclear Energy, Inc. NANO Nuclear Energy Inc. (NASDAQ: NNE) is an advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel fabrication, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services. NANO Nuclear believes it is the first portable nuclear microreactor company to be listed publicly in the U.S. Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include patented KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign (U. of I.), 'ZEUS', a solid core battery reactor, and 'ODIN', a low-pressure coolant reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors. Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, is led by former executives from the largest transportation company in the world aiming to build a North American transportation company that will provide commercial quantities of HALEU fuel to small modular reactors, microreactor companies, national laboratories, military, and DOE programs. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy. Assuming development and commercialization, AFT is expected to form part of the only vertically integrated nuclear fuel business of its kind in North America. HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear's own microreactors as well as the broader advanced nuclear reactor industry. NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear's developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS' initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface. For more corporate information please visit: For further NANO Nuclear information, please contact: Email: IR@ Tel: (212) 634-9206 PLEASE FOLLOW OUR SOCIAL MEDIA PAGES HERE: NANO Nuclear Energy LINKEDINNANO Nuclear Energy YOUTUBENANO Nuclear Energy X PLATFORM Cautionary Note Regarding Forward Looking Statements This news release and statements of NANO Nuclear's management in connection with this news release contain or may contain 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as 'seek,' 'expects', 'anticipates', 'intends', 'plans', 'believes', 'potential', 'will', 'should', 'could', 'would' or 'may' and other words of similar meaning. In this press release, forward-looking statements relate to, among other matters, the anticipated benefits to NANO Nuclear of the various corporate achievements described herein, as well as NANO Nuclear's development, construction, regulatory licensing and commercialization plans and goals. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. Readers are also cautioned that actual results may differ materially and adversely from the results implied in forward-looking statements. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy ('DOE'), NRC or related state or non-U.S. nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complimentary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 executives orders seeking to streamline the nuclear regulatory process, and (vi) similar risks and uncertainties associated with the operating an early stage business a highly regulated and rapidly evolving industry. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at and at Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. Attachment Figure: 1

Cooling Fabrics Market worth $4.08 billion by 2030, at a CAGR of 7.1%, says MarketsandMarkets™
Cooling Fabrics Market worth $4.08 billion by 2030, at a CAGR of 7.1%, says MarketsandMarkets™

Business Upturn

time2 hours ago

  • Business Upturn

Cooling Fabrics Market worth $4.08 billion by 2030, at a CAGR of 7.1%, says MarketsandMarkets™

By GlobeNewswire Published on August 18, 2025, 04:30 IST Delray Beach, FL, Aug. 17, 2025 (GLOBE NEWSWIRE) — The Cooling Fabrics Market is anticipated to grow from USD 2.70 billion in 2024 to USD 4.08 billion by 2030, at a CAGR of 7.1% during the forecast period. Several unique factors are driving the cooling fabrics market. One of the key factors is the growing application of cooling fabrics in the healthcare industry, which are applied in medical apparel to keep patients comfortable in hospitals or for patients who receive heat-sensitive treatments. Extraordinary fabrications have been increasingly found useful for uniforms worn by workers working at extremely hot locations like construction sites or factories, wherein a person has to avoid excessive heat stress for safe productivity—more stringent demands regarding tailored and customized fashion become a dominant driver within the industry. Consumers are also becoming focused on clothing that could suit their practical requirements while keeping them within individual taste preferences that enhance the requirement for such customized cooling fabrics. Higher connectivity to online platforms increases product penetration within the parameters of a cooling fabric; consequently, more prominent brands can make an opportunity to reach out to broader global markets as they develop concentrated marketing activities targeting such needs for sportswear or gear-related applications. Download PDF Brochure: Browse in-depth TOC on 'Cooling Fabrics Market' 313 – Market Data Tables 53 – Figures 252 – Pages List of Key Players in Cooling Fabrics Market: Coolcore (US) Nan Ya Plastics Corporation (Taiwan) Ahlstrom (Finland) Nilit (Israel) Polartec (US) Texray Industrial Co., Ltd. (Taiwan) Formosa Taffeta Co., Ltd. (Taiwan) Asahi Kasei Corporation (Japan) Everest Textile Co., Ltd. (Taiwan) Nanotex (US) Burlington (US) Libolon (Taiwan) Columbia Sportswear Company (US) Drivers, Opportunities and Challenges in Cooling Fabrics Market: Drivers: Rising demand for sportswear clothing and urbanization and surge in standard of living Restraint: High price of cooling fabrics compared to regular fabrics Opportunity: Rising applications of cooling fabrics in the medical and healthcare sector Challenge: Limited market presence Get Sample Pages: Key Findings of the Study: By type, the synthetic segment is estimated to be the largest segment of the cooling fabrics market from 2024 to 2030 by value. By textile type, the woven segment is estimated to account for the second-largest share of the cooling fabrics market by value during the forecast period. By application, protective wear is projected to be the fastest-growing segment of the cooling fabrics market by value during the forecast period. By region, Asia Pacific is estimated to account for the fastest-growing segment of the cooling fabrics market from 2024 to 2030. Based on the by-type, the synthetic segment is the most significant in the cooling fabrics market type segment. Synthetic cooling fabrics will dominate the global market in the forecast period. This is because it would be the best performer with economic benefits. Synthetic materials like polyester, nylon, and polypropylene are highly employed in cooling textiles. Such materials are moisture-wicking, quick-drying, and breathable. Therefore, they provide better thermoregulation properties. They would be an appropriate choice for high-performance applications of sportswear and activewear. The demand for synthetic fibers is much higher in challenging environments as these fibers are much stronger and hard to tear. Advanced cooling technologies can even be embedded into synthetic fibers for better comfort. Microfibers and phase-change materials, for instance, can be embedded inside synthetic fibers, while mass-producing synthetic fibers may be done quickly at a lower cost than natural fiber. Synthetic fabrics have enabled advanced flexibility in design. Thus, manufacturers can now produce a wide range of cooling apparel according to specific market segments. The reduction of costs in production and the very high functionality of synthetic cooling fabrics have created a preference for manufacturers and consumers. These factors have made them take the lead in the market. With advances in synthetic fibers still ongoing, the segment is likely to continue in a strong position owing to continued improvements in the characteristics and performance of fabrics. Based on textile type, the knitted segment held the most significant global cooling fabrics market share in 2023. The knitted segment accounted for the highest share of the global cooling fabrics market in 2023, as it inherently provides comfort and flexibility benefits. Knitted fabrics have good breathability with high stretchability, thus providing optimal fit and increased comfort, making the product best suited for application in cooling. Due to the elasticity of knitted fabrics, they tend to follow the movement of the human body. Thus, the fabrics can provide improved moisture-wicking and temperature-regulating properties, as are the inherent requirements of cooling fabrics. Knitted fabrics offer excellent ventilation and support airflow and evaporation processes, ensuring the coolness and dryness of the wearer's skin. Furthermore, these highly durable fabrics allow multiple use cycles before losing cooling efficiencies. Since their multifunctional features allow comfort and performance, they have a high demand for sportswear, activewear, and leisurewear. The fabric's cooling performance has also significantly improved due to developments in knitting technology that have helped produce specialized cooling fibers. In this sense, different kinds of fibers can be incorporated within the knitted structure of fabrics, allowing for enhanced functionality by giving the designers much flexibility in their products. The versatility and performance of knitted fabrics establish it as a dominant force in the cooling fabrics market. Get Customization on this Report: Based on application, the sports apparel segment accounted for the largest share of the overall cooling fabrics market in 2023, as there is increased demand for high-performance functional clothes among athletes and fitness enthusiasts. Cooling fabrics are excellent products for sports and outdoor activities in terms of moisture management, breathability, and temperature regulation. More energetic lifestyles and increased good health awareness have made more people interested in sports and exercise activities. The demand for high-performance sportswear has, therefore, increased. Innovative technologies, including improvements in the production processes of textiles, such as phase change material, microencapsulation, and advanced synthetic materials that enhance the cooling effects and overall comfort of sporting apparel, have also improved. Global temperatures are increasing, and heat waves are becoming longer. The demand for comfort clothing that offers thermal comfort and reduces heat stress has increased. Large sportswear companies are incorporating cooling fabrics to keep up with the shift in consumer demand for performance-based and environmentally friendly apparel. Increased disposable incomes and urbanization also have a decisive role in raising expenditure on premium athletic wear. This would involve surging athleisure trends, which involve sportswear wear for daily dressing, as well as growing e-commerce platforms that make innovative sports apparel global, thus facilitating this segment's dominant position within the cooling fabrics market. By region, North America dominates the cooling fabrics market. Several major drivers and encouraging factors in North America will dominate the cooling fabrics market. North America emerged as a leader in the cooling fabrics market in the presence of major players and with advancements in technology in textile manufacturing. Demand for performance fabric in sports, fitness, and outdoor activities is rising, which boosts the market. Consumers' comfort and moisture management requirements have made wide acceptance of cooling fabrics, brought about by increasing awareness for health and the popularity of the athleisure wear product line. The region's weather conditions are extremely hot summers, which have increased thermoregulation and heat-reducing demand for fabric. North America also provides significant investments in research and development. Innovative products, including newer cooling technologies, are expected. Strong end-use industries for these textiles, sportswear, medical, and military tend to push demand for such materials firmly. This region has a better disposable income besides its receptivity to accepting premium technologically advanced products, which helps facilitate entry. There are also supportive government policies concerning using sustainable textiles to meet the demand for environment-friendly cooling material. Growing outdoor recreations, besides the growing interest of people in fitness, have propelled functions among consumers. In conclusion, leading players in the cooling fabrics market have built strong distribution networks across North America, ensuring full product availability and strengthening the region's market dominance. Coolcore Coolcore produces sport-specific and fashion-focused, technologically advanced cooling textiles meant for athletic wear and general use moisture-wicking clothes. Its chemical-free fabulous fabrics feature three main actions: wicking, circulating moisture, and controlled evaporation. Patented technologies within every line of its fabric help increase the enhanced transport benefits with its moisture-wicking features over conventional clothing fabrics. Nan Ya Plastics Corporation Nan Ya Plastics Corporation is a Taiwan-based company and subsidiary of the Formosa Plastics Group. It is one of the leading companies in the cooling fabrics market. The company functions through several business segments: Plastics Products, Materials, Electronic Materials, and Polyester Products. Cooling fabrics fall under the category of Polyester Product segment, which also indicates the company's capabilities in synthetic fibers. Besides cooling textiles, the company offers a vast gamut of plastic materials – PVC, PET, PS engineering plastics, synthetic rubber, etc. Its applications vary broadly throughout textiles, sports, leisure industries, electronics, car engineering, construction, packing material, aerospace, military sectors, and even oil refineries. Browse Adjacent Markets Yarns, Fabric and Textile Market Research Reports & Consulting Related Reports: Medical Filtration Market Sodium Silicate Market Mining Lubricants Market Precipitated Silica Market Gold Nanoparticles Market Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store