ChromaNanoTech Receives National Science Foundation Grant
In 2015 several university researchers and pre-revenue companies worked diligently with NEXUS-NY to accelerate the commercialization of their early-stage, clean-energy technologies. Now with the educational, financial and business support of the NEXUS-NY clean energy seed accelerator, six research teams have completed cohort 2, including Binghamton-based ChromaNanoTech.
ChromaNanoTech is one of the most promising clean energy startups in New York. In 2016, ChromaNanoTech was awarded a competitive SBIR grant from the National Science Foundation. Over 6 months ChromaNanoTech will receive $150,000 for research and development. The funding will be used to refine manufacturing capabilities for their passive solar window treatment applications.
For more details on this company, please enjoy the latest edition of the NEXUS-NY New Energy Magazine.
Description: ChromaNanoTech has developed highly thermally stable optical nanomaterials, which are synthesized using commercially available dyes. The resulting materials can be made into masterbatch pellets and used for a variety of applications, including within window films. Window films produced using Chroma NanoTech’s materials are compatible with standard industry “hard coat” processes, providing the added benefit of passive solar protection. Most importantly, these films block IR and UV wavelengths, thereby limiting unwanted heat from passing through windows. Having recently received the first shipment of their own master batch pellets, ChromaNanoTech has now begun initiating testing and characterization of these materials for passive solar applications.
Location: Binghamton University’s Center for Excellence Building, Binghamton, NY
Achievements: Together with Crystal-Lyn Chemical Company, Binghamton University licensed nanotechnology to ChromaNanoTech in September, 2015. This intellectual property partnership marks the first of its kind at BU. In November 2015, ChromaNanoTech also received the 2015 Technology Innovation Entrepreneurship of the Year award, sponsored by Binghamton University, S31p (Small Scale System Packaging and Integration) Center and NYSTAR. The award included a citation from the New York State Assembly endorsed by representative Donna Lupardo. In January 2016, ChromaNanoTech received a National Science Foundation Small Business Innovation Research (SBIR) awards grant for $150,000.
“Our optical nanomaterials can be selectively tuned to protect against ultraviolet light which causes fading of fixtures and furnishings, as well as protect against infrared light which can generate heat within a dwelling,” said ChromaNanoTech CTO Kenneth Skorenko. “This heats your space nicely in the winter and lessens your cooling expenses during the summer months.”
NEXUS-NY Research: As part of the NEXUS-NY program, ChromaNanoTech went from conducting product research based on the needs of 100 prospective customers, to creating a minimally viable prototype, developing a network of contacts and scaling its manufacturing for production.
Next Steps: In addition to passive solar, ChromaNanoTech is excited to explore new product lines in the near future, one of which being laser shield applications for the medical and industrial industries. Optical nanomaterials can also be applied to display technology to create green solutions for Plasma and LCD screens found in home appliances, TVs, computers, billboards and smart devices.
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