Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Singapore-based Tera-Barrier Films receives investment from applied ventures to commercialize moisture-resistant films for plastic electronics

Abstract:
Applied Ventures, LLC, the venture capital arm of U.S.-based Applied Materials, Inc., a global leader in nanomanufacturing technology solutions, invests in Tera‑Barrier Films Pte. Ltd., a newly incorporated spin-off from A*STAR's Institute of Materials Research and Engineering (IMRE)

Singapore-based Tera-Barrier Films receives investment from applied ventures to commercialize moisture-resistant films for plastic electronics

Singapore | Posted on August 24th, 2009

Tera-Barrier Films Pte. Ltd., a new spin-off from the Singapore Agency for Science, Technology and Research's (A*STAR) Institute of Materials Research and Engineering (IMRE), today announced that Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc. has made a strategic investment in the company. The funds will be used for the development and manufacture of a new proprietary, moisture resistant film that can significantly extend the life span of devices such as organic solar cells and flexible displays.

Tera-Barrier Films was founded by two A*STAR IMRE's researchers, Dr. Mark Auch and Mr. Senthil Ramadas, who will serve as the company's CEO and CTO, respectively. The ultrahigh barrier film technology was successfully developed at IMRE and the barrier properties were validated by solar and flexible display manufacturers. Tera‑Barrier is still closely linked to IMRE as it operates under a laboratory-in-a-research institute scheme, allowing research continuity and the uninterrupted development of the films.

The new film protects the easily degraded moisture-sensitive organic materials of plastic devices and targets the burgeoning plastic electronics industry. Applications of the film include the manufacturing of flexible, lightweight and cheap electronics such as disposable or wrap-around displays, identification tags, low cost solar cells and chemical- and pressure-sensitive sensors.

"This investment is in line with Applied Materials' strategy to spur development of a broad range of products that not only serve customers' needs, but conserve the Earth's natural resources, and make alternative energy and environmental solutions more accessible and affordable," said J. Christopher Moran, vice president and general manager of Applied Ventures. "We are pleased that our investment in Tera-Barrier will be used to support the commercialization of this breakthrough technology to enable a new generation of advanced devices."

Tera-Barrier Films is a portfolio company of Exploit Technologies Pte. Ltd., the marketing and commercialization arm of A*STAR. Tera-Barrier has signed a license agreement with Exploit Technologies to obtain the rights to develop and market products using the breakthrough flexible substrate technology.

Mr. Boon Swan Foo, Executive Chairman of Exploit Technologies said, "We are encouraged to have attracted such interest from Applied Materials, a global leader in the field of nanomanufacturing technology solutions. This is a strong endorsement of A*STAR IMRE's technology and of Tera-Barrier Films's long term development and marketing plans; especially so in the current economic climate, where corporate investments have slowed down significantly. We believe this investment will move Tera-Barrier Films in the right market direction.

"Just as we have taken an active role since flexible film's early days to shape the business plan, raise funds and eventually start the company, we are looking forward to working with Applied Materials in continuing our efforts to grow the company. Exploit Technologies hopes to collaborate with more such committed industry players to bring a robust pipeline of A*STAR's technologies to market like flexible substrates, and support promising start-ups like Tera-Barrier Films."

"The investment by Applied Ventures enables Tera-Barrier to move forward with commercialization plans into the flexible solar cells and printed electronics market", comments Dr. Mark Auch, CEO of Tera-Barrier Films. "Tera-Barrier Films is in the process of securing product qualification and sample orders and has strong subcontract partnerships in place for scalable production of high performance barrier films. We are excited to be able to bring to market a key enabling product that could help promote faster growth in our target markets."

####

About Applied Ventures, LLC
Applied Ventures, LLC (www.appliedventures.com), a subsidiary of Applied Materials, Inc. invests in early stage technology companies with high growth potential that provide a window on technologies that advance or complement Applied Materials’ core expertise. Applied Ventures’ investments help develop technologies and markets that provide natural extensions of Applied Materials’ businesses and can stimulate the growth of applications for its products and services. Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in Nanomanufacturing Technology™ solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic cells, flexible electronics and energy efficient glass (www.appliedmaterials.com).
About Tera-Barrier Films Pte. Ltd.

TERA-BARRIER FILMS is jointly founded by Senthil Ramadas and Mark Auch along with ETPL. TBF is a spin-off company from the Institute of Materials Research and Engineering/A*STAR The strong patent portfolio (29 patents) on transparent gas barrier technology, encapsulation and gas permeation measurement system has been transferred to the company. The technology know-how and expertise could provide a total barrier solution for flexible solar cell and flexible electronics device manufacturers. Tera-Barrier is working in nexus with solar, display and printed electronics customers and has received several product validation reports.

About Exploit Technologies Pte Ltd

Exploit Technologies is the strategic marketing and commercialisation arm of the Agency for Science, Technology and Research (A*STAR). Its mission is to support A*STAR in transforming the economy through commercialising R&D. Exploit Technologies enhances the research output of A*STAR scientists by translating their inventions into marketable products or processes. Through licensing deals and spinoffs with industry partners, Exploit Technologies is a key driver of technology transfer in Singapore. It actively engages industry leaders and players to commercialise A*STAR's technologies and capabilities, bridging the gap from Mind to Market. Exploit Technologies’ charter is to identify, protect and exploit promising intellectual property (IP) created by A*STAR’s research institutes.

For more information, please visit www.exploit-tech.com.

For more information, please click here

Contacts:
For media enquiries, please contact:
Seeto Wei Peng
Exploit Technologies Pte Ltd (A member of A*STAR)
Corporate Marketing and Communications
DID: (65) 6478 8443
Mobile: (65) 8375 9474


Dr. Mark Dai Joong Auch
TERA-BARRIER FILMS PTE. LTD.
DID: (65) 65920576
Mobile: (65) 83115332


Applied Materials, Inc.
Betty Newboe (media)
Tel: 408.563.0647


Michael Sullivan (financial community)
Tel: 408.986.7977

Copyright © Applied Ventures, LLC

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

NIST physicists show ion pairs perform enhanced 'spooky action' March 30th, 2017

Gold standards for nanoparticles: Understanding how small organic ions stabilize gold nanoparticles may allow for better control March 29th, 2017

Tiny sensor lays groundwork for precision X-rays detection via endoscopy:Nanoscale fiber-integrated X-ray sensor opens new doors for medical imaging and radiotherapy March 29th, 2017

Researchers uncover secret of nanomaterial that makes harvesting sunlight easier March 29th, 2017

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Caught on camera -- chemical reactions 'filmed' at the single-molecule level March 22nd, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

TriboTEX Uses Nanotechnology to Improve the Efficiency of Old Vehicles March 13th, 2017

Display technology/LEDs/SS Lighting/OLEDs

UC researchers use gold coating to control luminescence of nanowires: University of Cincinnati physicists manipulate nanowire semiconductors in pursuit of making electronics smaller, faster and cheaper March 17th, 2017

Perovskite edges can be tuned for optoelectronic performance: Layered 2D material improves efficiency for solar cells and LEDs March 10th, 2017

Announcements

NIST physicists show ion pairs perform enhanced 'spooky action' March 30th, 2017

Gold standards for nanoparticles: Understanding how small organic ions stabilize gold nanoparticles may allow for better control March 29th, 2017

Tiny sensor lays groundwork for precision X-rays detection via endoscopy:Nanoscale fiber-integrated X-ray sensor opens new doors for medical imaging and radiotherapy March 29th, 2017

Researchers uncover secret of nanomaterial that makes harvesting sunlight easier March 29th, 2017

Patents/IP/Tech Transfer/Licensing

Laser activated gold pyramids could deliver drugs, DNA into cells without harm: Microstructures create temporary pores in cells March 27th, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Intertronics introduce new nanoparticle deagglomeration technology March 15th, 2017

Keystone Nano Announces The US FDA Has Awarded Orphan Drug Designation For Ceramides For The Treatment Of Liver Cancer November 8th, 2016

Energy

Gold standards for nanoparticles: Understanding how small organic ions stabilize gold nanoparticles may allow for better control March 29th, 2017

Researchers uncover secret of nanomaterial that makes harvesting sunlight easier March 29th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Solar/Photovoltaic

Gold standards for nanoparticles: Understanding how small organic ions stabilize gold nanoparticles may allow for better control March 29th, 2017

Researchers uncover secret of nanomaterial that makes harvesting sunlight easier March 29th, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

New nanofiber marks important step in next generation battery development March 14th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project