Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Harris & Harris Group Notes Recent Portfolio Company Accomplishments

Abstract:
Shareholders of Harris & Harris Group may be interested in recent highlights from some of our portfolio companies. These releases, as well as news from our other portfolio companies, can be found on our web site at www.hhvc.com/releases.cfm?Year=&ReleasesType=&PageNum=2.

Harris & Harris Group Notes Recent Portfolio Company Accomplishments

New York, NY | Posted on December 15th, 2011

Brideglux, Inc., continues to execute on its aggressive growth trajectory. On December 6, 2011, Bridgelux announced commercial availability of its latest generation LED arrays. These latest products deliver an increase in efficiency of up to 30 percent and a reduction of up to 30 percent in cost per lumen compared to previous product generations. Additionally, Bridgelux LED arrays were selected for the installation of 1000 downlights at the new Sheraton Hotel at D-Cube City in Seoul, South Korea. The new LED lighting will reduce energy consumed by up to 63 percent compared to the typical use of halogen and compact fluorescent downlights. Finally, Bridgelux was named to Forbes' list of America's Most Promising Companies. Bridgelux was ranked 58th on the list of 100 privately held companies selected from 22 industries for their innovative business models and strong management teams. Forbes noted that Bridgelux's revenue grew 168 percent from 2008 to 2010.

Solazyme, Inc., (Nasdaq:SZYM) continues to execute on its partnership development. On December 6, 2011, the Navy and the Agriculture Department announced the purchase of nearly a half million gallons of biofuel for an air-sea military exercise in 2012 from Solazyme and Dynamic Fuels LLC. Separately, Solazyme fuel was used for testing on a Spruance-class destroyer on a 185-mile trip from San Diego, CA, to Oxnard, CA. It was the Navy's largest alternative fuel demonstration to date. On November 14, 2011, Quantas announced it would launch its first commercial flight powered by Solazyme sustainable fuel in early 2012. On November 7, 2011, a United Airlines jet flew from Houston to Chicago with a 40 percent blend of Solazyme's biofuel. This was the first biofuel powered commercial flight in the United States. Additionally, United Continental Holdings Inc. (UAL) agreed to buy 20 million gallons of jet fuel each year from Solazyme for delivery beginning in 2014. On October 24, 2011, Solazyme Roquette Nutritionals announced that the company will begin to produce its microalgae-derived food ingredient, Whole Algalin Flour, at Roquette's commercial production plant in Lestrem, France. It is anticipated that the 300 metric ton Phase I facility will be completed on schedule by the end of 2011 and operational in early 2012. The facility will be expanded into a 5000 metric ton Phase II facility in 2012. Lastly, in October 2011, Solazyme announced the continuation and expansion of its relationship with Unilever.

On October 31, 2011, the D-Wave quantum computer purchased by Lockheed Martin was installed at the University of Southern California's Information Sciences Institute. The D-Wave quantum computer is optimized for data analysis and pattern recognition problems. The system is also designed to handle machine-learning applications. Additionally, D-Wave's Geordie Rose was named Canadian Innovator of the year for 2011.

Finally, shareholders of Harris & Harris Group may be interested in watching a video from the Consumer Electronics Show (CES) that demonstrates the water-proofing capabilities of HzO, one of our most recent investments. In the video, a telephone, coated with HzO's water-blocking material is placed in a bowl of water and it continues operating under water.

####

About Harris & Harris Group
Harris & Harris Group is an early-stage, active investor in transformative nanotechnology companies.

This news release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Company's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this news release. Please see the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010, as well as subsequent filings, filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company's business, including but not limited to the risks and uncertainties associated with venture capital investing and other significant factors that could affect the Company's actual results. Except as otherwise required by Federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. The references to the websites www.HHVC.com and www.pcworld.com have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this news release. Harris & Harris Group is not responsible for the contents of third party websites.

For more information, please click here

Copyright © Harris & Harris Group

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

Pulses of electrons manipulate nanomagnets and store information: Scientists use electron pulses to create and manipulate nanoscale magnetic excitations that can store data July 21st, 2017

The first light atomic nucleus with a second face July 20th, 2017

Semiliquid chains pulled out of a sea of microparticles July 20th, 2017

Harnessing light to drive chemical reactions July 19th, 2017

Nanoparticles could spur better LEDs, invisibility cloaks July 19th, 2017

Display technology/LEDs/SS Lighting/OLEDs

Nanoparticles could spur better LEDs, invisibility cloaks July 19th, 2017

Cambridge Nanotherm partners with Inabata for global sales and distribution June 20th, 2017

New ultrafast flexible and transparent memory devices could herald new era of electronics April 1st, 2017

Videos/Movies

Nanotech Advances Future Mobile Devices and Wearable Technology July 5th, 2017

ANU invention may help to protect astronauts from radiation in space July 3rd, 2017

Tiny bubbles provide tremendous propulsion in new microparticles research-Ben-Gurion U. June 21st, 2017

Graphene and quantum dots put in motion a CMOS-integrated camera that can see the invisible May 29th, 2017

Controlling 3-D behavior of biological cells using laser holographic techniques May 26th, 2017

Openings/New facilities/Groundbreaking/Expansion

Aculon Expands NanoProof® Product Line for Electronics Waterproofing Technology: With growing market opportunities Aculon Launches NanoProof® 8 with Push Through Connectivity™ and NanoProof® DAB a syringe application May 30th, 2017

GLOBALFOUNDRIES and Chengdu Partner to Expand FD-SOI Ecosystem in China: More than $100M investment to establish a center of excellence for FDXTM FD-SOI design May 23rd, 2017

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

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

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

Quantum Computing

Into the quantum world with a tennis racket: Classical mechanics helps control quantum computers July 6th, 2017

Microsoft, Purdue collaborate to advance quantum computing May 30th, 2017

Looking for the quantum frontier: Beyond classical computing without fault-tolerance? April 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

Announcements

Pulses of electrons manipulate nanomagnets and store information: Scientists use electron pulses to create and manipulate nanoscale magnetic excitations that can store data July 21st, 2017

Probiotics: Novel biosynthetic tool to develop metallic nanoparticles: This research article by Dr. Nida Akhtar et al has been published in Recent Patents on Drug Delivery & Formulation, Volume 11, Issue 1, 2017 July 20th, 2017

The first light atomic nucleus with a second face July 20th, 2017

Semiliquid chains pulled out of a sea of microparticles July 20th, 2017

Military

Nanoparticles could spur better LEDs, invisibility cloaks July 19th, 2017

'Upconverted' light has a bright future: Rice University professor developing plasmon-powered devices for medicine, security, solar cells July 17th, 2017

Nature-inspired material uses liquid reinforcement: Rice U. nanoengineers create liquid-solid composites using clues from nature July 11th, 2017

Meniscus-assisted technique produces high efficiency perovskite PV films July 7th, 2017

Energy

'Upconverted' light has a bright future: Rice University professor developing plasmon-powered devices for medicine, security, solar cells July 17th, 2017

Making two out of one: FAU researchers have explained the mechanism behind a process that can increase the efficiency of organic solar cells July 12th, 2017

Argonne National Laboratory’s Continuous ALD Technology Licensed Exclusively to Forge Nano July 7th, 2017

Tiny bubbles provide tremendous propulsion in new microparticles research-Ben-Gurion U. June 21st, 2017

New-Contracts/Sales/Customers

Probiotics: Novel biosynthetic tool to develop metallic nanoparticles: This research article by Dr. Nida Akhtar et al has been published in Recent Patents on Drug Delivery & Formulation, Volume 11, Issue 1, 2017 July 20th, 2017

Here's a tip: Indented cement shows unique properties: Rice University models reveal nanoindentation can benefit crystals in concrete July 20th, 2017

NMRC, University of Nottingham chooses the Quorum Q150 coater for its reliable and reproducible film thickness when coating samples with iridium June 27th, 2017

Park Systems Introduces Park NX12 for Unsurpassed Affordable High Resolution NanoScale Imaging Required for Advanced Analytical Chemistry, Materials Research, and Multi-User Facility June 5th, 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