Nanosys, Inc.
today announced that it has entered into an agreement to further expand
its collaboration with In-Q-Tel, the independent
strategic investment
firm that identifies innovative technologies to support the mission of
the Central Intelligence Agency (CIA) and the broader Intelligence
Community. Under the collaboration, Nanosys will apply its novel
electronics technology for innovative uses in the area of
high-performance communications. The terms of the agreement include
development funding to Nanosys, with specific financial details
undisclosed.
Nanosys'
proprietary Macroelectronics utilizes a unique film of nanostructures
to form arbitrarily large area high-performance electronic circuits,
without the need for many of the complex and costly processing steps
common in traditional thin-film transistor manufacturing. The
technology is compatible with flexible or rigid substrates such as
plastic or glass, and enables electronic integration of multiple
functions directly onto a single substrate material. Macroelectronics
can be applied to numerous application areas, including flexible or
flat panel displays, RFID (radio frequency identification) tags, and
antennas.
"Nanosys
continues to deliver impressive technology capabilities," said Troy M.
Pearsall, In-Q-Tel's Executive Vice President of Technology Transfer.
"Nanosys' proprietary technology offers great promise for leading-edge
applications for customers in both the government and commercial
markets."
"In-Q-Tel has
been very instrumental in helping us identify high-value
nanotechnology-based product opportunities to address important
government needs," said Calvin Chow, Chief Executive Officer of
Nanosys. "We look forward to the exciting new products that can emerge
from this next stage of our collaboration."
Posted
23 August 2007