UbiQD and SWM International Agree to Co-Develop Next Generation Quantum Dot Interlayers for Electricity-Producing Windows
April 28 2022 - 8:00AM
UbiQD, Inc., a ‘deep-tech’ advanced materials company spun out of
Los Alamos National Laboratory, and Schweitzer-Mauduit
International, Inc. (NYSE:SWM), a leading performance materials
company with deep domain expertise in polymer engineering, have
announced a collaboration to develop a quantum dot (QD) glass
interlayer that enables production efficiencies for solar window
manufacturing to scale faster and at lower costs.
“SWM has a track record for delivering demanding and value-added
solutions, solving our customers’ most challenging problems,”
explained Caio Sedeno, Vice President and General Manager of Films
for SWM. “This new relationship extends our technical contributions
to the built environment, enabling property owners and developers
to push towards net-zero.”
According to the US Department of Energy, buildings account for
76% of domestic electricity use.
UbiQD’s ‘luminescent solar concentrator’ technology deploys
fluorescent QDs between two sheets of glass, within the interlayer,
to provide a modest tint with various color options. The QDs
partially absorb sunlight and convert it into near-IR light that is
harvested into electricity by solar cells hidden in the window
frame.
“Advancements in materials innovation have led to some of the
most important solutions for humankind, and renewable energy will
be no exception,” said Hunter McDaniel, Founder and CEO of UbiQD.
“Together with SWM, we are reimagining what windows mean for the
built environment and the decarbonization of buildings.”
About UbiQD, Inc.UbiQD (pronounced 'ubiquity') is an
advanced materials company powering impactful innovation in
agriculture, clean energy, and security. Our quantum dots enable
products that harness the power of color and light. Headquartered
in Los Alamos, New Mexico, UbiQD is licensing technology developed
at leading research institutions, including Los Alamos National
Laboratory, M.I.T., University of Washington, and Western
Washington University. To learn more, please visit:
https://www.ubiqd.com.
About SWMSWM is a leading global performance materials
company, focused on finding ways to improve everyday life by
bringing best-in-class innovation, design, and manufacturing
solutions to our customers. Our highly engineered films, adhesive
tapes, foams, nets, nonwovens, and papers are designed and
manufactured using resins, polymers, and natural fibers for a
variety of industries and specialty applications. SWM and its
subsidiaries manufacture on four continents, conduct business in
over 90 countries and employ approximately 5,000 people worldwide.
For further information, please visit SWM’s website at
www.swmintl.com.
Forward-Looking StatementsThis press release contains
“forward-looking statements” within the meaning of the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements can be identified by words like
“may,” “will,” “likely,” “should,” “expect,” “anticipate,”
“future,” “plan,” “believe,” “intend,” “goal,” “seek,” “estimate,”
“project,” “continue,” and similar expressions. Forward-looking
statements are neither historical facts nor assurances of future
performance. Instead, they are based only on current beliefs,
expectations, and assumptions regarding the future of the business,
future plans and strategies, projections, anticipated events and
trends, the economy, and other future conditions. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks, and changes in circumstances that
are difficult to predict. Actual results and financial conditions
may differ materially from those indicated in the forward-looking
statements. Therefore, you should not rely on any of these
forward-looking statements. The risks and uncertainties which
forward-looking statements are subject to include but are not
limited to: market changes; raw material shortages; supply chain
shortages; inventory shortages, cost management strategies; force
majeure events; product failure; product design defects;
manufacturing defects; and products liability litigation.
The forward-looking statements included in this press release
are made only as of the date of this release, and except as
otherwise required by federal securities law, neither UbiQD nor SWM
have any obligation to publicly update or revise any
forward-looking statements to reflect subsequent events or
circumstances.
Media Contacts
For UbiQD, Inc.:
media@uniqd.com
505.310.6767
For SWM International:
Mary Gibson
mgibson@swmintl.com
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