“For 2022 we have an expected sales revenue of plus 13 percent for the flexible and printed electronics industry. The outlook for 2023 is even more positive, with an expected increase of 24 percent. This is the highest figure since this business climate survey was initiated in 2014,” reviews Dr Klaus Hecker, OE-A managing director, the results of the latest business climate survey. A biannual survey conducted by OE-A (Organic and Printed Electronics Association), a Working Group within VDMA (Mechanical Engineering Industry Association). “But if the skies of our industry are really sunny or rather cloudy, the next months will show. Challenges in the supply chain, rising energy costs, inflation and the Russian war in Ukraine are adding uncertainty to the pleasing forecast,” adds Klaus Hecker.

Pixelligent Technologies LLC (Baltimore, Maryland) has secured $38 million in non-dilutive growth capital backed by its intellectual property portfolio. The capital was provided by a funding vehicle managed by MVolution Partners LLC and facilitated by insurance and valuation services provided by Aon. This additional growth capital brings the company’s total funding in this round to over $45 million, including equity capital from its strategic and financial shareholders.