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Semprius selected for $500,000 subcontract from U.S. Department of Energy

June 23, 2009 By: NCTechNews Category: Semiconductors

(Durham, N.C.) Semprius, Inc., a semiconductor technology company developing a novel transfer printing technology for the manufacture of advanced semiconductor devices, announced today it has been selected to negotiate a $500,000 subcontract award by the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL). The total anticipated subcontracts under the 2009 American Recovery and Reinvestment Act, is $6 million.

NREL, which is operated for the Department of Energy by the Alliance for Sustainable Energy, is the DOE’s primary national laboratory for renewable energy and energy efficiency research and development. The program was created to fund companies that can bring commercially viable products to market by 2012.

The $500,000 award will allow Semprius to optimize the optical components within its solar modules, resulting in increased performance and lower manufacturing costs. It is one of 13 announced by DOE, and the only award announced for a North Carolina-based company.

“We are very pleased to have been selected for this award, which will allow us to better match the optics and the micro-cells within our modules,” said Joe Carr, President and CEO of Semprius, Inc. “This work is an important stepping stone to improved module efficiency and lower energy costs for our customers, and this grant is an exciting confirmation of the broad and growing market our products address.”

Semprius’ technology enables the placement of nearly any high performance semiconductor onto any target substrate, greatly broadening the options available to designers of advanced electronic devices. For many existing designs, the technology can enable a manufacturing process that is faster and far less expensive. It can be applied to a number of markets, including solar modules, electronic displays and wireless devices.

Semprius, Inc. is commercializing a novel process for printing high performance semiconductors on any substrate, including glass, plastic and other semiconductor materials. Initial applications of the technology include solar modules, LCD and OLED displays and advanced disk drives. For more information, please visit www.semprius.com.

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