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Universal Display Picks Up SBIR Grant
Universal Display Corporation (Ewing, NJ) has been awarded a $750,000 Small Business Innovation Research (SBIR) Phase II contract from the US Department of Energy (Washington, DC) to develop and demonstrate advances in its OLED technology for energy-efficient, white lighting. This program is a continuation of a DOE SBIR Phase I program awarded in 2003.
In this program, entitled "Low Voltage, High Efficiency White Phosphorescent OLEDs for Lighting Applications," Universal Display and its partners will continue their development of high luminous efficiency white phosphorescent OLEDs (PHOLED) using innovative techniques that lower the device operating voltage. Lower voltage is important to the future of solid-state OLED lighting because it results in further reductions in power consumption, making these light sources more energy efficient. With these advances, in combination with the company's PHOLED technology, it is believed that OLEDs have the potential to achieve the energy efficiency targets to be an attractive alternative to incandescent and fluorescent lighting.
The Federal SBIR Program is designed to stimulate technological innovation in the small business sector and typically consists of three phases. During the first phase, the scientific, technical and commercial merit and feasibility of a novel idea are demonstrated. If successful, a subsequent Phase II Program may be awarded that is typically $500,000 to $750,000 over a 24-month period to pursue further research and the development of a well-defined prototype. In a final Phase III Program, the demonstrated prototype is developed typically without government funding into a viable product for sale in the military and/or private sector.LEARN MORE
Department of Energy
Universal Display Corporation
?Compiled by Hank Russell
Hank Russell is Managing Editor of Advanced Imaging Magazine and the International EB2B Newsletter. All materials and inquiries regarding the newsletter and website, as well as product releases, can be sent to email@example.com.