Graphene Frontiers plans to open a satellite office inside SUNY Polytechnic Institute’s Albany NanoTech Complex next year.
It’ll allow the graphene manufacturer to ramp up production and be close to the consumer electronics companies who also call the complex home. (While Graphene Frontiers isn’t working with consumer electronics companies right now, it’s a market opportunity they’re interested in, according to a spokesman.)
The company, which spun out of research being done at Penn, will spend $3 million over the next three-to-five years on tools, equipment and hiring up to 27 employees who will work out of the Albany office, according to a release.
The State of New York and SUNY Polytechnic Institute’s College of Nanoscale Science and Engineering will invest $2 million in the partnership, though a spokesman said it’s not clear yet what that money will go toward.
The Albany NanoTech Complex is the “best place in the world for this work,” said Graphene Frontiers CEO Mike Patterson through a spokesman. That’s because more than 3,100 scientists, researchers, engineers, students and faculty work there, including those from consumer electronics companies like IBM, Intel, Samsung and Toshiba. Graphene Frontiers is one of 300 businesses that have signed on to use the complex.
While Graphene Frontiers still uses Penn’s nanotech center, the Albany Nanotech Complex has more powerful equipment that will allow the company to scale up production.
At the complex, Graphene Frontiers will manufacture graphene — a super-strong carbon material — and ship it back to Philadelphia where it will be used to create biosensors.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!