|By Business Wire||
|June 30, 2014 12:15 PM EDT||
Vorbeck Materials Corp., a world leader in the field of graphene, has entered into a strategic investment and technology development agreement with In-Q-Tel, Inc. (IQT), the independent strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.
As part of the agreement, Vorbeck will use its award-winning graphene technology to develop conductive compounds that will not only benefit IQT’s customers, but will also have broad applications in the commercial electronics industry. IQT funds transformational technologies that have the potential to produce break-through developments with large commercial impact.
“Vorbeck’s ability to make and bring to market innovative products with graphene opens the door to many potential applications,” said Megan Anderson, Vice President in charge of IQT’s Field Deployable Technologies Practice. “We look forward to helping advance Vorbeck’s technology and seeing the impact that it can have for our government customers and the broader market.”
Vorbeck has a proven track-record of developing commercial products using the unique electrical and thermal properties of graphene, including the world’s first graphene-based product on the market, Vor-ink™, a conductive ink for printed electronics applications.
“We are excited to be working with In-Q-Tel to accelerate the development of next-generation conductive graphene compounds,” stated John Lettow, President of Vorbeck Materials. “This collaboration will speed the adoption of graphene-based technologies, leading to robust and versatile consumer electronics products.”
About Vorbeck Materials Corp.
Vorbeck Materials Corp. is a global leader in developing real-world applications enabled by the Nobel Prize-winning material, graphene, and associated technologies. Built on pioneering work licensed from Princeton University, Vorbeck’s innovations include the world's first commercial graphene product - Vor-ink™, a graphene-based conductive ink for electronics applications. Products using Vor-ink™ circuits are available in major retail chains today. Vorbeck Materials has received numerous national and international awards for technology and product development, including the World Technology Award for Materials Technology in 2011 sponsored by the World Technology Network (WTN) in association with TIME, Fortune Magazine, CNN, Science Magazine, Technology Review, and Kurzwel, the R&D 100 Award in 2012, and has been named one of “America’s Next Top Energy Innovators” by the U.S. Department of Energy.
In-Q-Tel is the not-for-profit, strategic investment firm that works to identify, adapt, and deliver innovative technology solutions to support the missions of the U.S. Intelligence Community. Launched in 1999 as a private, independent organization, IQT’s mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. Working from an evolving strategic blueprint defining the Intelligence Community’s critical technology needs, IQT engages with entrepreneurs, startups, researchers, and investors to deliver technologies that provide superior capabilities for the CIA and broader Intelligence Community. For more information, visit www.iqt.org.
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