Nanotechnology Funding for Plextronics Research into Organic Photovoltaic Devices

Plextronics, Inc. announced today that after a competitive review of submitted proposals, the Pennsylvania NanoMaterials Commercialization Center's Center's technical advisory committee and governing board approved funding for Plextronics and two other companies.

Plextronics was awarded $250,000 from the Center in Air Force Research Laboratories funding to develop semi-continuous processing technology for organic photovoltaic devices. The company is providing $250,000 in matching funds.

According to the Center's press release, Dr. Alan Brown, executive director of the Center, said, "The addition of the three new companies to the Center's project portfolio further demonstrated the broad application of nanomaterials to a wide range of products and industries, including energy, electronics, polymers and metals."

The other two companies that received funding were Pittsburgh-based NanoLambda Inc. and Philadelphia-based Y-Carbon Inc.

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