Boron carbide is known as a hard material; it possesses a unique complex of physical-mechanical properties and has diverse applications in industries. An expansion of its field of uses stems from the creation of boron carbide matrix nanocomposite materials. In view of this perspective, an effective liquid-charge synthesizing method for their components in nanopowder form has been proposed. This paper provides a focused review on advanced boron carbide matrix ceramic and metal-ceramic nanocomposites recently obtained by the authors using this method. Particular attention is paid to the characterization of boron carbide nanocomposites, including some ceramic borides, metallic alloys and also other metal-ceramic composites.