Manufacturing – Page 2 – Swanson Reed | Specialist R&D Tax Advisors

Revolutionizing Displays: NanoPattern’s Quantum Dot Ink Secures New Seed Funding

NanoPattern Technologies, Inc., led by cofounders Yu Kambe and Dmitri Talapin, has secured $1.5 million in a seed funding round. The funding will help to scale its photopatternable quantum dot ink, which enables the commercialization of next-generation displays.

The photopatternable quantum dot ink developed by NanoPattern is a game-changer for display component manufacturers. It facilitates the production of full-color microdisplays for a wide range of applications, including augmented reality, virtual reality, wearables, smartphones, tablets, and televisions.

This latest funding round follows a series of strategic investments, including support from the Polsky Center’s George Shultz Innovation Fund and grants from the National Science Foundation’s Small Business Innovation Research program. These investments have been instrumental in fueling NanoPattern’s research and development efforts, allowing the company to demonstrate the effectiveness and reliability of its quantum dot ink.

Partnering with Nanosys Shoei, the world’s largest quantum dot manufacturer, NanoPattern has successfully showcased sub-10 micron pixel resolution, paving the way for widespread adoption of its technology. With the new funding, the company plans to transition from product demonstration to showcasing product-specific features while enhancing quantity control and manufacturing capabilities.

Expansion into a cleanroom environment is also on the agenda for NanoPattern, highlighting the company’s commitment to maintaining rigorous quality standards. Leveraging the advantages of the Chicago area ecosystem, including access to cleanrooms and top talent from local universities, NanoPattern is poised for further growth and innovation.

The successful seed round, led by Queen City Angels and supported by other prominent investors, is a testament to NanoPattern’s potential to disrupt the display industry. With plans to expand its team and attract top talent to the Midwest, NanoPattern is poised to lead the charge in advancing display technology and driving innovation in the region.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

MycoWorks: Pioneering Sustainable Materials with the Power of Mycelium

Biotechnology-startup, MycoWorks, Inc., has initiated production at their first industrial-scale plant in Union, South Carolina. Their research and development efforts are focused on harnessing the power of mycelium, the root structure of mushrooms, to revolutionize the materials industry.

Their new plant represents more than just a facility; it’s a testament to the potential of mycelium-based materials in shaping a more environmentally friendly world. The company is now working to scale up processes to meet luxury industry demand by growing millions of square meters of its leather-alternative material produced with the company’s proprietary technology, Fine Mycelium.

At the heart of MycoWorks’ innovation lies their patented technology, Fine Mycelium™. This cutting-edge process unlocks a new class of materials that seamlessly blend the wonders of nature with the demands of modern industry. These materials are not only sustainable but are also engineered for high performance, offering a glimpse into a resilient and eco-conscious future.

What sets MycoWorks apart is their unwavering commitment to future generations. Every step they take today is driven by the desire to leave a lasting positive impact. Their multidisciplinary team, comprising scientists, engineers, product experts, and artists, works tirelessly to push the boundaries of what’s possible in mycology and materials science.

MycoWorks’ dedication to innovation extends to their manufacturing processes. They are redefining industry standards by creating materials that are not just environmentally friendly but also excel in terms of quality and functionality. Their visionary approach is steering the materials industry towards a more sustainable path.

The use of mycelium-based materials has the potential to transform various sectors, from fashion and construction to packaging and beyond. As industries seek alternatives to traditional, often harmful materials, MycoWorks is providing a powerful solution.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

IACMI: Leading the Charge in Composites Research and Development

The Institute for Advanced Composites Manufacturing Innovation (IACMI) is at the forefront of technological research and development in the composites manufacturing industry. Recently, IACMI announced a funding renewal from the U.S. Department of Energy (DOE) that will support its continued efforts to accelerate commercialization and decarbonization through advanced composites technologies.

Over the past six years, IACMI has managed over 60 collaborative and industry-led technical projects, representing over $200 million in R&D investment, catalyzed more than 25 new composites-based products to commercialization, supported the creation of 3,000 jobs at composite materials and parts manufacturers, and spurred investment of $75 million in five states for R&D and scale-up facilities.

One such successful project was IACMI’s collaboration with Volkswagen of America to redesign and validate a liftgate for the VW Atlas using composites, reducing its weight by 35% and lowering its cost by 9% compared with steel. Another example is the scaling, manufacture and testing of novel thermoplastic wind turbine blades that are recyclable and lower in cost.

IACMI’s working groups are dedicated to R&D for high rate aerostructures fabrication, digital twins, future mobility, wind energy, infrastructure and construction, and the circular economy through recycling and novel materials.

Furthermore, IACMI has invested in a shared infrastructure for open-access composites manufacturing R&D capabilities with state economic development organizations and the DOE. These shared scale-up facilities include the Manufacturing Demonstration Facility at Oak Ridge National Laboratory, the Carbon Fiber Technology Facility at ORNL, the Fibers and Composites Manufacturing Facility at the University of Tennessee, Knoxville, the Laboratory for Systems Integrity and Reliability at Vanderbilt University, the Composites Laboratory at the University of Dayton Research Institute, the Composites Manufacturing & Simulation Center at Purdue University, the IACMI Scale-Up Research Facility (SuRF) managed by Michigan State University, and the Composites Manufacturing Education and Technology Facility (CoMET) at National Renewable Energy Laboratory (NREL).

IACMI’s continued efforts in the composites manufacturing industry have earned it the distinction of being the first clean energy institute to be renewed by the DOE, and it is one of 16 national Manufacturing USA institutes established to catalyze advanced manufacturing and materials applications. IACMI aims to further its mission by attracting startups and small enterprises, as well as large enterprises, national labs and universities.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

SAFI-Tech and Indium Corp. Partner Up for SAFI-Tech’s Supercooled Soldering Technology

Iowa-based SAFI-Tech has announced a partnership with Indium Corporation. SAFI-Tech has set their sights on developing a no-heat and low-heat solder and metallic joining products. This partnership will bring this technology to customers, allowing them to explore the unique opportunities available with supercooled solder materials.

Their technology is a supercooled liquid metal particle which can allow manufacturers to solder on flexible substrates without the need for heat. The liquid particles are about one-fiftieth the size of a human hair and are filled with liquid metal. When popped, the particles release the encapsulated liquid metal which quickly solidifies, creating a solder joint. This unique process allows soldering to take place at room temperature. Removing heat from electronics manufacturing enables smaller, thinner, and flexible designs, currently unachievable with standard materials and processes.

This partnership has come just two years after SAFI-Tech was awarded an SBIR grant of $200,000 from the Department of Energy for research into their supercooled liquid metal technology.

“We’re always looking for innovative materials solutions that can give our customers ways to overcome current limitations of solder products,” said Indium Corporation President and COO Ross Berntson. “SAFI-Tech’s supercooling platform is a unique approach that has the potential to be a solution across a variety of applications.”

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Sortera Alloys Partners with Novelis to Improve Automotive Alloy Recycling

Sortera Alloys, Inc.,creators of proprietary artificial intelligence (AI) focused on sorting automotive metals, has announced a strategic partnership with Novelis. Inc. Novelis is the leading sustainable aluminum solutions provider.

The partnership will bring Sortera’s patented technologies to Novelis’ production process, allowing the company to recycle and reuse higher amounts of both automotive post-production and post-consumer scrap.

In this day and age, mixed aluminum alloys cannot be re-separated into their individual base alloys. This means high-value alloys are forced into lower value uses. The goal is to use Sortera’s technology, which uses their AI along with novel data analytics and sensors, to tackle this limitation, bringing another high-value life to the alloys.

This partnership will ensure Novelis can separate the mixed scrap into their individual alloys, recycling them back into the same product and closing the loop. This will allow Novelis to meet original equipment makers’ exacting needs for performance, durability, safety, and design. Novelis has been working towards sustainability goals including a reduction of their carbon footprint by 30% by 2026 and this partnership is a big step in the right direction.

“We are thrilled to work with Novelis, the global leader in sustainable aluminum solutions,” said Michael Siemer, CEO, Sortera Alloys. “Together with existing investors like Chrysalix and Breakthrough Energy Ventures, and now Novelis, we are poised to disrupt the global aluminum recycling space while cutting global emissions and driving a more sustainable industry.”

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Synteris Receives $2.7M Award for Ceramic Electronics 3D Printing Technology

New Mexico Patent of the Month - June 2021

Synteris, a Maryland-based startup, has raised $2.7 million in funding towards the development of a novel ceramic 3D printing approach. The funding comes from the US Department of Energy who released a total of $175 million through their Advanced Research Projects Agency-Energy (ARPA-E) grant program. The grants will fund 68 R&D projects focused on disruptive technologies in the energy, electric vehicle, storage, and nuclear recycling industries.

Synteris’ technology is designed to serve as an alternative means of producing parts from non-oxide ceramics, like carbides, nitrides, and borides. The approach synthesizes non-oxide material in-situ as opposed to directly laser melting ceramic feedstock powders. The use of laser-induced reactions between their reactive precursor system and a gaseous atmosphere synthesize an array of carbides or nitrides by altering the reactant gas and precursor constituents.

The technology has been coined Selective Laser Reaction Sintering (SLRS). The company intends to use this new funding to deploy SLRS in the creation of a new form of electronics packaging capable of improving EV and aircraft performance.

As part of the ARPA-E program, Synteris will work with the National Renewable Energy Laboratory to improve the thermal management, power density, performance, and lifetime of ceramic packaging for power electronic modules.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

HydroGraph Clean Power Inc. Announces Opening of new Manufacturing and R&D Facility

HydroGraph Clean Power Inc. has announced the opening of their 13,000 sq ft manufacturing facility in Manhattan, KS for the production of its graphene. The new facility will allow the company to combine their R&D and engineering work under a single roof.

HydroGraph is a commercial manufacturer of high-quality nanomaterials and alternative-energy fuels. Their patented Hyperion detonation process is capable of producing high quality graphene at minimal cost and in an environmentally friendly manner. This is achieved through its low energy consumption and absence of emissions. The process can produce standard fractal graphene and the company’s proprietary “reactive graphene”

Fractal graphene is often used as an additive super-material to increase strength, water resistance, flexibility, and electrical conductivity. The reactive graphene has a unique ability to chemically combine with other products in a superior bonding process.

The new facility is designed using the famous “Bell Labs” approach, providing R&D workspace near the manufacturing and production process to enhance future innovation and product development. HydroGraph’s R&D infrastructure combines a unique network of chemistry, physics and engineering disciplines.

“This facility is the pinnacle in research and development,” said Dr. Chris Sorensen, vice president R&D. “Our new space allows the science to flourish and, as a result, will allow graphene to live up to its potential to change the world.”

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

UbiQD Growing Drastically in Response to New Collaborations

Ubiquitous Quantum Dots (UbiQD) is a New Mexico-based company focused on the development and manufacturing of quantum dots to support companies in their R&D efforts. This advanced materials company contributes to product innovations in agriculture, clean energy, and security industries.

The quantum dots are made of materials capable of unlocking low-waste, high-efficiency solutions. For size reference, these nanoscale structures measure about 10,000 times smaller than a human hair.

These efforts are paying off as the company will soon be powering up commercial buildings, boosting greenhouse production and, eventually, feeding astronauts on the moon.

These leaps and bounds will be achieved as the company turns their nanoscale, 3D structures into sunlight-harvesting machines to make solar-generating windows, plastic row covers that accelerate greenhouse plant growth and a new type of security ink to protect official documents against counterfeiting.

Some new collaborations with two large industry partners have poised the company to scale up their production, further supporting their existing real-world applications and their growth. The first collaboration, with Heliene Inc., will integrate UbiQD’s quantum-dot film into their solar panels for greenhouses.

The second collaboration, with SWM International, will directly incorporate the quantum dots into SWM’s plastic sheets as a drop-in product for the manufacture of solar-generating windows.

To date, UbiQD has raised more than $14 million in private equity and grant funding to pursue different market applications for its quantum dots. It currently employs 26 people full time, 24 of them at its headquarters in Los Alamos.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Catalent Inc. Announces Plans to Invest $175M in their Manufacturing and R&D Facilities

North Dakota Patent of the Month - February 2022

Catalent, Inc., a multinational corporation who partners with various pharma, biotech, and consumer health companies, has announced their plans to invest $175 million into the expansion of their R&D facility in Clark County. This expansion will bring 277 new, high-wage jobs for Kentuckians.

The company intends to expand their existing 190,000 sq ft facility by adding an additional 90,000 sqft. This will increase their manufacturing capacity within their oral dose division. The company will also acquire a nearly 17,000 sq ft facility to house their R&D operations. Work is expected to begin in 2022 and wrap up in 2027.

This new facility will create job openings for scientists, manufacturing, quality assurance, maintenance, and warehouse positions. As a leader in enabling pharma, biotech, and consumer health partners to optimize product development, launch, and full life-cycle supply for patients around the world, Catalent is constantly engaging in R&D activities. They contribute broad and deep scale and expertise in development sciences, delivery technologies, and multi-modality manufacturing, Catalent is a preferred industry partner for personalized medicines, consumer health brand extensions, and blockbuster drugs. Catalent helps accelerate over 1,000 partner programs and launch over 150 new products every year. Its flexible manufacturing platforms at over 50 global sites supply more than 70 billion doses of nearly 7,000 products to over 1,000 customers annually.

“We look forward to further investing and growing in Winchester,” said Chris Rosenbaum, general manager of Catalent in Winchester. “The state of Kentucky’s talented workforce, tight-knit community and business environment provides major advantages to the future growth of Catalent.”

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

Skretting and Atlantic Sapphire Announce Partnership to Develop Zero Marine Ingredient Salmon Diet

Skretting, a Vancouver-based feed manufacturing company, has announced an agreement with Atlantic Sapphire to build a state of the art RAS feed facility in Florida.

This feed facility will serve Atlantic Sapphire’s recirculation system (RAS) operations. Skretting will build and finance the feed plant while Atlantic Sapphire will source the majority of its salmon feed demand. The contract has a 10 year life span, wherein Atlantic Sapphire will continue to source the salmon the entire decade.

This local feed source will reduce production costs and GHG emissions significantly.

Skretting has a stellar history of R&D, influencing Atlantic Sapphire’s decision in partnering up with them. This R&D record is set to continue as the two companies commit to developing specialist RAS salmon diets while reducing carbon footprints. This requires the testing and integration of novel ingredients and formulas. The ultimate goal is to use zero marine ingredients in the salmon diet without reducing the required levels of omega-3 fatty acids in the final product.

Are you developing new processes or formulas for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.