QD Soleil™ Parent Company Nanosys Announces Strategic Alliance with Samsung Electronics including Co-Development for Solar
PALO ALTO, CA. Aug. 13, 2010 – QD Soleil™, today announced that its parent company, Nanosys, has entered into a strategic alliance with Samsung Electronics. The broad based partnership will include co-development and licensing of QD Soleil’s seminal IP estate for the use of nanotechnology in solar. In addition to equity investment in Nanosys, the Samsung partnership includes funding for the co-development of specific, nanotechnology based solar devices as well as IP licensing.
“With this partnership, QD Soleil will be able to leverage its significant IP and technology into the next generation of solar products” said Vijendra Sahi, VP and GM of QD Soleil. “Over the coming months QD Soleil plans to partner with additional leaders in solar as next generation solar applications continue to emerge.” “The breadth of QD Soleil’s solar technology and IP portfolio makes it a perfect compliment to visionary manufacturers who are looking to enhance their next generation and thin film solar products,” said Jason Hartlove, Nanosys CEO. “With technology from QD Soleil, thin film solar panel makers can increase their efficiencies by up to 40% over what they are currently achieving.”
About QD Soleil QD Soleil is a division of Nanosys Inc. focused on the use of proprietary nanotechnology in solar panel cell designs. QD Soleil controls a seminal intellectual property estate that includes over 500 patents and patent applications. The technology has been refined over many years by Nanosys and exploits the best in class inorganic material compositions, processing and integration chemistries, and includes the most stable nanomaterial formulations known. Applications of the technology and intellectual property are broad and include additive enhancement layers for light conversion engineering, nano-particle inks, light waveguide concentrators and nanomaterial composites for enhancing overall solar cell efficiency. For more information about QD Soleil, visit www.qdsoleil.com.
About Nanosys, Inc. Nanosys, Inc. is an advanced material architect, harnessing the fundamental properties of inorganic materials into process ready systems that can integrate into existing manufacturing to produce vastly superior products in lighting, electronic displays, solar power and energy storage. For more information, visit www.nanosysinc.com.