NEWS Novares invests in Quad Industries
Novares Venture Capital, which was set up in 2018 to invest in fields adding value to Novares’ activities in advanced automotive plastics, has taken a stake in Quad Industries, a Belgian company with a production site in Slovakia that is active in printed flexible electron- ics. The stated aim is “to create new systems with intuitive intelligent interfaces for all passengers and add to Novares Group innovative solutions for cars”.
Quad is specialised in user interfaces and control panels for both consumer and industrial applications. In recent years, it has extended into printed
Quad specialises in printed electronics including flexible sensors
electronics, particularly printed, flexible sensors. This will be the fourth start-up in which Novares Venture Capital has invest- ed, after FlexEnable, APAG CoSyst and Actronika. The
investment amount was not disclosed. This is part of a wider
partnership between Novares and Quad, which have also signed a joint development agreement
and are collaborating within Novares’ open innovation project focussed on the Nova Car demonstrator. Quad’s technology is already integrated in the Novares ‘Touch’N Play’ concept, incorporated in the Nova Car #1 demo car. Further work on intuitive intelligent interfaces using 3D-shaped electronics are to be incorporated in the Nova Car #2, which will be revealed at an event in Paris in June. Future co-develop- ments could include proxim- ity sensing, gesture control, vital signs monitoring or stretchable sensors, Novares added. �
www.novaresteam.com
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PHOTO: QUAD INDUSTRIES
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