After two years of development, the European Commission-funded project INNO4COV-19 (FKZ 101016203), which supported the commercialisation of new products to combat COVID-19 in Europe, has come to an end. The Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP (Dresden, Germany) developed, among other things, a prototype of a portable thermal camera system with integrated, low-power microdisplays for early and contactless detection of infected persons. This system will be presented at CES 2023 in Las Vegas, USA, 5-8 January, at the Fraunhofer FEP booth, No. 55822-3, German Pavilion, in the Venetian Expo Center.
Universal Display Corporation (Ewing, New Jersey), enabling energy-efficient displays and lighting with its UniversalPHOLED technology and materials, has signed a long-term OLED material supply and license agreements with Samsung Display, a global display manufacturing leader. These agreements affirm that Universal Display Corporation will continue to supply its proprietary UniversalPHOLED phosphorescent OLED materials and technology to Samsung Display for use in its OLED displays. The agreements are scheduled to run through 31 December 2027, and may be extended for an additional two-year period. Financial terms of the agreements have not been disclosed.
Pixelligent Technologies LLC (Baltimore, Maryland) has secured $38 million in non-dilutive growth capital backed by its intellectual property portfolio. The capital was provided by a funding vehicle managed by MVolution Partners LLC and facilitated by insurance and valuation services provided by Aon. This additional growth capital brings the company’s total funding in this round to over $45 million, including equity capital from its strategic and financial shareholders.