10x Technology
| Location: | IL, US | | Speaker: | Robert Pricone | | Title: | CEO | | Primary Industry: | micro and nano-structured polymer substrates | | Executive Summary: | 10x Technology, LLC (“10x”) designs and manufactures micro- and nano-structured polymer substrates. Widespread uses of these substrates include the film that improves the brightness of flat panel displays, a $3 billion market, and the reflective sheeting that makes road signs visible at night, a $1.5 billion market. In addition, there are a number of new and rapidly growing applications that are increasing demand, such as: parabolic arrays for light emitting diodes (LEDs), receptor cells for electronics assemblies (e.g. RFID), concentrators for solar cells and micro-needle arrays for drug delivery, to name a few.
10x takes novel, proprietary designs and converts them into commercially viable products. 10x is currently manufacturing materials for customers in several of the aforementioned areas. The company has a proprietary, flexible and continuous manufacturing technology that adapts to a wide range of products from thin films to thick plastic substrates. Relative to conventional methods, the 10x process reduces material costs, increases production speeds and enables the creation of entirely new classes of products.
10x operates from a 8,000 sq. ft. manufacturing facility in Libertyville, IL. The company recently received two large manufacturing contracts and is seeking funding to support further expansion.
| | Venture is: | A-Round |
|
|
|