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14

nanotimes

Companies

Companies – Summaries

Facts

1

366 Technologies has closed $5.15 million of venture capital bringing its total amount raised

to $17.55 million. The round was led by returning

investors Polaris and North Bridge Venture Partners

and was awarded on the heels of signing a $4 million contract with the U.S. Department of Energy’s ARPA- E program.

“While we were in a strong cash position, our exi- sting investors were impressed with our progress and the operational achievements we‘ve made during the past 18 months,” said Frank van Mierlo, president, 1366 Technologies. “This round is a direct result of our ability to meet a number of critical technology milestones, our strong intellectual property position, and our standing as the only solar photovoltaics com- pany to receive recognition from ARPA-E.”

The recently closed round will accelerate the com-

mercialization of 1366’s Self-Aligned Cell (SAC) and Direct Wafer technologies. The company has already secured two lead development customers

and is actively selling the SAC equipment and pro- cess, which features innovative cell texturing and fine line metallization to deliver higher efficiencies with simple, low cost solutions for cell manufacturers.

1366 Technologies is a silicon photovoltaics com-

pany and combines breakthrough innovations in silicon cell architecture with lean manufacturing pro- cesses to make the world’s most cost effective and

commercially viable high efficiency solar cells.

http://www.1366tech.com

3

M has entered into a definitive agreement to acquire MTI PolyFab Inc., a manufacturer of

thermal and acoustic insulation for the aerospace industry. MTI PolyFab designs and manufactures

a light-weight thermal and acoustic insulation

system for a wide variety of aerospace customers to address unwanted airborne and structure-borne noise in aircraft.

The combination of MTI PolyFab products with those of 3M‘s wholly-owned subsidiary, Aearo Technolo- gies LLC, will provide a comprehensive range of so- lutions to the aerospace industry. Aearo offers high- performance soundproofing for noise and vibration control to enhance cabin comfort through its E-A-R brand thermal acoustic systems.

http://www.3M.com

tic programme, into pre-clinical development for

the treatment of respiratory synctial virus (RSV)

infections. ALX-0171 is a Nanobody®

A

binds to RSV and neutralizes the virus. The Nanobody®

blynx (Euronext Brussels: ABLX) has advanced ALX-0171, a new Nanobody®

-based therapeu- product which will be administered via the lungs

and based on the in vivo data it has the potential to be effective both in the prevention of infection as well as in treatment once infection has occurred. This is Ablynx‘s first Nanobody®

pre-clinical development

candidate to be delivered through a route other than injection. Like many Nanobodies, ALX-0171 is very

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