15 February 2022
CrayoNano licensing deal gives access to 180+ extra patents
CrayoNano AS of Trondheim, Norway – which develops and manufactures semiconductor components based on patented and proprietary nanomaterials technology – has signed a licensing agreement with what it describes as a “renowned LED industry player”. CrayoNano will have access to and use of more than 180 patents, particularly in LED chip processing, fabrication, packaging and manufacturing – supplementing CrayoNano’s patent portfolio covering nanowire and graphene-based technologies in general and UV-C LED products specifically.
The license agreement triples CrayoNano’s patent portfolio to more than 300 patents covering UV-C and LED technology. Under this IP license agreement, the firm is expanding its intellectual property with complementary technology required for the industrialization of its nanowire and hybrid material technology in mass-market, high-volume disinfecting UV-C LED products.
“The additional patents and technology enables strong protection in the market for UV-C LED products, and the access to high-volume manufacturing know-how and technology,” says CrayoNano’s CEO Jo Uthus. “This will fast track the industrialization of our technology into the planned multi-million unit manufacturing capability in-line with CrayoNano’s fab-lite business model.”