Startups

Nanotech company Pixelligent searches for new manufacturing space

Pixelligent needs a large manufacturing space to advance production of its nanocrystal coatings for electronic devices -- something that could help the company break even for the first time.

From left: Pixelligent VP of engineering Zhiyun Chen, VP of product development Serpil Gonen Williams, CEO Craig Bandes and founder and CTO Gregory D. Cooper. (Photo courtesy of Pixelligent)

Baltimore city-based Pixelligent, which recently raised a round of $3.8 million in equity funding, wants to use its nanocrystal technology to brighten LED light bulbs and power other electronic devices.
But the company, which has been producing a small amount of its nanocrystal coatings from its offices inside the Holabird Industrial Park, needs a large manufacturing space to advance production — something that could help Pixelligent break even for the first time since its founding in 2002 and “expand its workforce by 50 percent.”
The Baltimore Sun reports:

Pixelligent has the capacity to make as much as 4 tons a year, but it wants to produce 40 to 60 tons, [CEO Craig] Bandes said. The company is looking for about 25,000 square feet of space in the Baltimore area, preferably with some “chemistry infrastructure,” he said.

Read more at the Baltimore Sun.

Companies: Pixelligent

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