Cima, Toray ready to sell self-aligning nano

February 16, 2009: St. Paul, MN-based startup Cima Nanotech Inc. and Tokyo-based Toray Industries Inc. are getting ready to release a transparent, conductive coating material made with self-aligning nanomaterials, according to reports in the Minneapolis St. Paul Business Journal and EE Times.

Cima, a six-year-old company, and the 38,000-employee Toray have been working together on the project for three years. Cima’s technology allows silver nanoparticles to assemble themselves into transparent coatings that can be marketed to electronics makers for use in plasma TVs and other flat-panel displays, or can be market to makers of solar cells.

Cima recently raised $7 million in venture capital from Asian investors.


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