PV Nano Cell from Israel, an innovative producer of conductive digital inks, announced the closing of its acquisition of DigiFlex, a digital printer manufacturer. The all-stock transaction was valued at US$10M and represents 25% of PV Nano Cell on a fully diluted basis, post transaction. Additionally, certain shareholders of DigiFlex and its subsidiary, JetCU P.C.B. Ltd., committed to investing $1.1M in PV Nano Cell, of which $500 000 has already been invested, and an additional $600 000 is expected to close by the end of 2017.
As part of the ALABO project, a research team has been working on the foundations for the next generation of organic solar cell encapsulation technology for the past three years. This month the research project has reached its completion, and it delivers impressive results.
Wearable technology is a growth market that encompasses more than just the sports and healthcare sectors. More and more fashion designers are including printed electronic elements into their collections. Smart clothing is another topic at LOPEC, the international exhibition and conference for the printed electronics industry, which is taking place in Munich, Germany, from 13 to 15 March 2018.
