Nanosys made a name for itself during the nanotech bubble six years ago by promising everything nano. Company management boasted it was on the verge of making nano solar cells, flexible display screen, even astonishingly dense computer memory.
Nanosys CEO Jason Hartlove says his technology can increase the capacity of a lithium ion battery 30 to 50 percent
Those heady days have passed (as has Nanosys’s plans for a 2004 IPO). In their place, more realistic executives are chasing the more achievable goals of commercializing technology to boost the capacity of lithium ion batteries and improve the quality and efficiency of LED displays and lights.
Company CEO Jason Hartlove says the battery technology should be able to increase the capacity of a lithium ion battery by 30 to 50 percent. He expects it to show up in batteries for consumer devices next year.
On the LED front, Nanosys expects to announce a major customer win on Thursday.
Perhaps the biggest long-term opportunity for the company is the battery market. Lithium ion batteries will go into an increasing number of portable consumer devices over the next few years and batteries for electric cars should generate a $25 billion market by 2020.
Nanosys’s technology calls for using nanowires made of a silicon composite as the battery’s anode. Silicon more readily reacts with lithium and creates higher voltage. The composite keeps the silicon from losing its connectivity properties over time.
The company expects to name customers later this year. The LED customer Nanosys expects to announce Thursday is a large manufacturer likely use the company’s technology in laptops and smart phones. The consumer products could reach the market by the end of the year.
The technology, which has been widely discussed in the press, makes use of tiny, nano-scale crystal quantum dots to absorb and reissue light from a solid-state LED chip. The light released is more vivid, and its source can be the more energy efficient blue LED.
That could save money and help Nanosys redefine itself as a company with real products, not just a nano vision.
TechPulse 360
Mark Boslet
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[...] became a poster child of the nanotech craze six years ago, has been steadily remaking itself into a supplier of technology to electronics and green-tech companies. The heady days are gone, as are the plans for a 2004 [...]