Applied Nanotech Receives DOE Grant

Applied Nanotech Holdings Inc. has been awarded a $1.6 million Phase III SBIR grant from the U.S. Department of Energy (DOE) to establish a pilot production facility to manufacture and commercialize its proprietary ink materials for the application of metallic conductor layers on thin silicon solar cells. This Phase III funding is part of the $57 million Xlerator program to support small business and develop manufacturing processes and scale production of advanced technologies.

The Phase III program will focus on the transition of technology related to photovoltaic compatible inks successfully demonstrated during a Phase II research program into a pilot-scale production. The funding provides a pathway to install the infrastructure needed for small-capacity manufacturing of these highly specialized ink materials, the company says. The pilot facility is expected to be operational in 90 to 120 days.

SOURCE: Applied Nanotech Holdings Inc.

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