Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > British nanotech pioneer, Peratech, receives £1.1 million investment by YFM Group to fund expansion

Abstract:
Ultra thin, quantum effect touch sensors are smart replacements for old fashioned switches in mobile phones, robotics and many other devices

British nanotech pioneer, Peratech, receives £1.1 million investment by YFM Group to fund expansion

England | Posted on February 15th, 2010

Further to its recent announcements of licensing agreements with Nissha and Samson Electro-mechanics for 3D input technology for mobile phones, Peratech Limited has announced that YFM Group managed Partnership Investment Finance has invested £1.1 million into the Company. This will be used for further research and development into Peratech's award-winning, patented Quantum Tunnelling Composite (QTC) technology for touch technology solutions, as well as growing the company's highly successful sales into overseas markets.

"We are really excited by the huge potential of Peratech and its technology," says Mark Winderbank at YFM Group, which is the most active VC investor in UK SMEs. "Peratech's recently announced license deals with major international companies Nissha and Samsung Electro-mechanics demonstrate how QTC can open up exciting new ways of doing things. We are proud to be able to support a fast growing British company with a truly unique technology that has a tremendous world market. Of all the possible investments that we have looked at recently, Peratech stood out because of the strength of its innovative technology and huge growth potential."

The key to QTC's success is that it enables traditional, old fashioned switches to be replaced with ultra reliable QTC versions that offer additional features such as no contacts to wear out and no air gap to be contaminated with water or dust. Moreover, because QTC is force sensitive, it opens up a whole new range of applications where the current flowing is directly proportional to the pressure applied. This enables a new category of touch sensitive, human machine interfaces to be created with a completely new three dimensional aspect. For example, the width of a line being drawn electronically can depend on the pressure applied, which is an ideal feature for Asian and Chinese characters, or pressing harder moves faster down into a menu structure on a mobile phone. Further details at www.peratech.com/pr.php

"In these financially challenging times, it is a real testament to both the QTC technology and the team behind it to have received funding of this level," adds Philip Taysom, joint CEO of Peratech. "The Company has invested significant R&D efforts to understand this new class of material science that it has invented. We are now at the stage where its ability to add value and completely new innovative features, which provide significant commercial advantages, are clearly demonstrable as can be seen from the licensing deals that we are closing with Tier 1 international companies."

####

About Peratech
Peratech is the inventor and world leader in Quantum Tunnelling Composite (QTC) technology. QTC's are electro-active polymeric materials which enable the action of 'touch' to be translated into an electrical reaction, enabling a vast array of devices to incorporate very thin and highly robust 'sensing' of touch and pressure. Already widely used in robotics and defence, Peratech commercialised its QTC technology at the beginning of 2006 and is currently working with a number of key technology clients who are implementing QTC sensing technology within their own products.

QTC materials give enormous flexibility in the design, shape, thickness and style of a switch or pressure sensor and can be made in a range of elastomeric forms, including emulsive coatings (down to thicknesses of 10 microns), ‘bulk’ silicone or rubber and textile forms. Peratech pioneered the creation of electronic switches made from textiles as early as 2001. QTC has been recognised through numerous international awards and accolades including “Tomorrow’s World Industry Award 2002”, “Saatchi & Saatchi Innovation Award 2000” and “European Electronics Industry Award 2004”.

QTC materials have been used by organisations such as NASA, ILC Dover, Shadow Robotics and numerous government agencies World Wide. Peratech also owns SOFTswitch the pioneering creator of textile switching and Eleksen, the world leader in touch sensitive interactive textiles for electronics interface design.

About YFM Group

YFM Group funds under management continue to back fast growing SMEs across the UK, in the last 12 months 88 companies received funding from YFM Group, the deals were worth more than £89 million. YFM Group is the most active investor in UK SMEs based on research carried out by Private Equity Insight. Further information is available at www.yfmgroup.co.uk

For more information, please click here

Contacts:
Peratech Limited, Old Repeater Station, Brompton-on-Swale, North Yorkshire, DL10 7JH United Kingdom Tel: +44 (0) 8700 727272
Fax: +44 (0) 8700 727273


Nigel Robson, Vortex PR
Island House, Forest Road, Forest, Guernsey, GY8 0AB, United Kingdom
Int. Tel: +44 1481 233080
UK Tel: 01481 233080

Copyright © Peratech

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

Finding a new formula for concrete: Researchers look to bones and shells as blueprints for stronger, more durable concrete May 26th, 2016

Deep Space Industries and SFL selected to provide satellites for HawkEye 360’s Pathfinder mission: The privately-funded space-based global wireless signal monitoring system will be developed by Deep Space Industries and UTIAS Space Flight Laboratory May 26th, 2016

The next generation of carbon monoxide nanosensors May 26th, 2016

Gigantic ultrafast spin currents: Scientists from TU Wien (Vienna) are proposing a new method for creating extremely strong spin currents. They are essential for spintronics, a technology that could replace today's electronics May 25th, 2016

Products

Oxford Nanoimaging to provide desktop super-resolution microscopes May 10th, 2016

Abalonyx launches Reduced Graphene Oxide Product: Abalonyx has successfully scaled up production of thermally reduced graphene oxide (rGO) in its Tofte, Norway, production facility. This product is now offered to customers in Kg-quantities May 10th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 14th, 2016

New Generation of Graphene Reinforced Carbon Fibre Prepreg Products March 10th, 2016

Investments/IPO's/Splits

Nanometrics Announces Upcoming Investor Events May 10th, 2016

ORIG3N Added to Companies Presenting at Harris & Harris Group's Annual Meeting, Tuesday June 7, 2016, the New York Genome Center April 27th, 2016

Aspen Aerogels to Present at the 28th Annual ROTH Conference March 14th, 2016

Harris & Harris Group Announces Formation of Co-Investment Fund for Accredited Investors March 9th, 2016

Sensors

The next generation of carbon monoxide nanosensors May 26th, 2016

Dartmouth team creates new method to control quantum systems May 24th, 2016

Electronic device detects molecules linked to cancer, Alzheimer's and Parkinson's: An inexpensive portable biosensor has been developed by researchers at Brazil's National Nanotechnology Laboratory with FAPESP's support May 20th, 2016

Making organs transparent to improve nanomedicine (video) May 13th, 2016

Announcements

Finding a new formula for concrete: Researchers look to bones and shells as blueprints for stronger, more durable concrete May 26th, 2016

Deep Space Industries and SFL selected to provide satellites for HawkEye 360’s Pathfinder mission: The privately-funded space-based global wireless signal monitoring system will be developed by Deep Space Industries and UTIAS Space Flight Laboratory May 26th, 2016

The next generation of carbon monoxide nanosensors May 26th, 2016

Gigantic ultrafast spin currents: Scientists from TU Wien (Vienna) are proposing a new method for creating extremely strong spin currents. They are essential for spintronics, a technology that could replace today's electronics May 25th, 2016

Patents/IP/Tech Transfer/Licensing

Programmable materials find strength in molecular repetition May 23rd, 2016

Syracuse University chemists add color to chemical reactions: Chemists in the College of Arts and Sciences have come up with an innovative new way to visualize and monitor chemical reactions in real time May 19th, 2016

Researchers integrate diamond/boron nitride crystalline layers for high-power devices May 12th, 2016

New tool allows scientists to visualize 'nanoscale' processes May 4th, 2016

Quantum nanoscience

Researchers demonstrate size quantization of Dirac fermions in graphene: Characterization of high-quality material reveals important details relevant to next generation nanoelectronic devices May 20th, 2016

Graphene: A quantum of current - When current comes in discrete packages: Viennese scientists unravel the quantum properties of the carbon material graphene May 20th, 2016

Technique improves the efficacy of fuel cells: Research demonstrates a new phase transition from metal to ionic conductor May 18th, 2016

Theorists smooth the way to modeling quantum friction: New paradigm offers a strategy for solving one of quantum mechanics' oldest problems May 18th, 2016

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







Car Brands
Buy website traffic