Quantum Materials has announced the purchase of five varied sets of patent families from Bayer Technology, Germany.
The patents provide intellectual property protection for advances achieved by Quantum Materials in economical high-volume quantum dot (QD) manufacturing.
In addition, the Bayer patents insure volume production technology for heavy metal-free (HMF) quantum dots and nano-particles; escalating quantum yields for HMF quantum dots, hybrid organic quantum dot solar cell (QDSC) production and a surface modification process for increased performance of solar cells and printed electronics.
Through a cash purchase agreement, the company acquired patent families and financial details are not disclosed.
Bayer Technology Services has been working in nanotechnology field for more than 30 years. It is a research pioneer in the nanotech and QD fields and these filings were bestowed with comprehensive rights.
These patents are for expanding the technology portfolio in heavy metal-free and QDSC production and to protect the advances made to date in the volume manufacturing of nanoparticles, including quantum dots, said, Stephen Squires, president, CEO, Quantum Materials.
Quantum Materials is using the patents to invest into new markets Bayer is not focusing on, added, Guenter Bachlechner, head, Technology Development, senior vice president, Bayer Technology Services.
The quantum dot-related patents spread Quantum Materials’ ability to produce many heavy metal-free organic periodic table groups and its own inorganic Group II-VI composites.
The company aims to incorporate each patent into its advanced manufacturing processes, including InP/ZnS nanocrystals, a heavily researched QD that has high demand in optoelectronics.
The solar-related patents define the fundamental design of quantum dot solar cells and processes for optimizing quantum dots for solar applications.
The solar patents improve Quantum Material’s licensed patent on printing OLED and QD solar cells and other printed electronic devices by gravure or high-speed roll-to-roll.
The heavy metal-free organic nanomaterials expand the product offerings, and the automated processes will bring down their cost so manufacturers can adopt into real products at price points that expand market penetration of quantum dot technologies. Combining the solar patents with automated volume QD production process helps to launch joint ventures for Quantum Dot Solar Cell (QDSC) pilot plants globally, explained, David Doderer, VP, Research and Development, Quantum Materials.