NanoGram launches Licensing Programme for Nanomaterial Production Technology - News Item

NanoGram Corporation, a leading developer and licensor of process technology for manufacturing nanostructured materials for optical, electronic, and energy product applications, announced its new “AccessNanoTM” licensing program. Having developed extensive application expertise and broad intellectual property in the field, NanoGram’s capabilities are now being licensed to an expanded list of industrial partners, enabling a new generation of materials and devices for products such as batteries, optical films and coatings, displays, phosphors and electronics interconnect and packaging. NanoGram also announced it has closed over $7 million in a new venture funding round to support continued new application development.

“The process technologies developed by NanoGram are unique in their ability to make complex material compositions with precise control at a scale approaching the molecular level,” said Dr. Nobuyuki Kambe, NanoGram’s chief technology officer. “The result is an unprecedented ability to produce nanomaterial solutions that improve performance of existing product applications and enable entirely new products.”

“Through the AccessNanoTM licensing program, these technologies will now be utilized directly by our industrial partners and spin-out companies to impact products and markets across a wider range of applications,” noted Ron Mosso, NanoGram’s chief operating officer.

Since the company's founding in 1996, NanoGram has collaborated with companies throughout the world to manufacture leading edge nanomaterials where existing materials have reached the limit of performance and functionality. In meeting partners’ application needs, NanoGram has built an intellectual property portfolio of over 80 internally developed patents and patent applications. Reformed in 2002 as an application incubator and IP-focused company, NanoGram’s technology is currently utilized, by affiliates NeoPhotonics Corp - optical devices - Kainos Energy Corporation - solid oxide fuel cells - and Wilson Greatbatch Technologies.

NanoGram closed a $7 million secondary round of financing in June, lead by ATA Ventures, who were joined by Nth Power Technologies, Bay Partners, Harris & Harris Group, Rockport Capital Partners and SBV Venture Partners. Bryant Tong of Nth Power Technologies has succeeded former director Maurice Gunderson, and Bob Williams of Bay Partners has newly joined NanoGram’s Board.

“We see NanoGram as a unique company in terms of the breadth and impact of their capabilities,” said Mel Melsheimer, President and COO of Harris & Harris Group, Inc. “Their intellectual property licensing model, as opposed to selling manufacturing services, will enable rapid deployment of their solutions, generating company growth and growth of nanotechnology applications as a whole,” he continued.

Posted July 13th, 2004

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