12-04 :: April/May 2012
nanotimes
Companies Facts
T
halesNano and IUPAC have announced at the 2nd International Conference of the Flow Che-
mistry Society in Munich that the International Flow Chemistry Prize was awarded to Prof. Klavs Jensen, Warren K Lewis Professor and Department Head, Department of Chemical Engineering at MIT. Thales- Nano is a world-leading provider of continuous pro- cess chemistry instruments in the rapidly developing market of laboratory and process scale flow reactors (e.g. the H-Cube® reactor).
continuous-flow hydrogenation
http://www.thalesnano.com http://www.ultratech.com U
biquitous Energy secured $1 million in a seed round financing led by successful entrepreneur,
venture investor and MIT alum Arunas Chesonis. Ubiquitous Energy was founded in 2011 as a spin- out of the Massachusetts Institute of Technology, and won the 2011 MIT Clean Energy Prize Renewables Category and also received the 2011 Fraunhofer TechBridge ULaunch Award, a US Department of Energy-funded award program that provides services to promising clean-energy startups.
Moreover, Ubiquitous Energy co-founder and CTO Miles Barr wins the prestigious Lemelson-MIT Stu- dent Prize for his innovations in solar energy and organic electronics in March 2012.
http://www.ubiquitous-energy.com U
ltratech, Inc. (NASDAQ: UTEK), announced unaudited results for the three-month period ended March 31, 2012. For the first quarter of fiscal
U
niversal Display Corporation and Fraunhofer IPMS – COMEDD (Center for Organic Materi-
als and Electronic Devices Dresden) announced an agreement for Universal Display to provide its pro- prietary UniversalPHOLED®
phosphorescent OLED
materials as a key ingredient for driving energy effi- ciency in COMEDD’s white OLED lighting panels. In this new two-year agreement, COMEDD will develop and fabricate energy-efficient, white OLED panels for market development.
“We are delighted to work with Fraunhofer IPMS - COMEDD, a leading European research institution in white OLED panel development. The work that Fraunhofer is performing at their Center for Organic Materials and Electronic Devices may help accele- rate the commercialization of energy-efficient white OLED lighting products”
http://www.universaldisplay.com
2012, Ultratech reported net sales of $49.6 million as compared to $47.4 million during the first quarter of fiscal 2011. Ultratech‘s net income for the first quarter of 2012 was $10.2 million, or $0.38 per sha- re (diluted), as compared to net income of $7.9 milli- on, or $0.30 per share (diluted) for the same quarter last year. At March 31, 2012, Ultratech had $239.1 million in cash, cash equivalents and short-term investments. Working capital was $294.9 million and stockholders‘ equity was $11.70 per share based on 26,208,656 total shares outstanding as of March 31, 2012.
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