is infused and bonded with base metals and their alloys in a single phase which cannot be separated by re-melting. The nanocarbon bonding allows tailoring of the finished covetic by adjusting carbon content and post processing to enhance the properties of the base metal such as conductivities, durability, and corrosion resistance. The first $5M investment in TM2 was used to secure composition of matter patents, to develop production procedures and robotics for repeatable control, to setup a studio/research lab (in Dayton, OH), and to develop an understanding of the “covetic” bond and the properties of covetics (first peer-reviewed paper submitted November 2013 by University of Maryland under Academic Research License from TM2). Market research has been performed in numerous industries following the traditional metals segments of copper, silver, gold and aluminum as well as analysis of the nanocarbon markets concentrating on graphene, CNTs and other carbon allotropes. Covetics have been shown to contain sp2 and sp3 nanocarbon structures and graphene-like nanoribbons, which enhance many properties of the base metal. Enhanced properties of covetics, when fully developed, will replace metals in many applications. Silver covetics, for instance, is very easy to work with, casts into finer part geometry, hardens beyond pure silver without alloying and resists tarnish well beyond fine silver. Copper covetics can carry much higher current density, with higher tensile strength and resists corrosion better than pure copper. Capital to acquire production equipment to apply covetics into specific products is being raised.