Companies / Markets

OE-A Business Climate Survey – Partly sunny skies for printed electronics industry

Wednesday 09 November 2022
Companies / Markets

“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 secures $38M to accelerate commercialisation

Monday 07 November 2022
Companies / Markets

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.

First Solar to accelerate American thin film PV innovation with $270M investment

Wednesday 02 November 2022
Companies / Markets

First Solar, Inc. (Tempe, Arizona) plans to invest approximately $270M in a dedicated research and development (R&D) innovation centre in Perrysburg, Ohio. The new facility is believed to be the first of its scale in the United States and is expected to accelerate American leadership in the development and production of advanced thin film photovoltaics (PV).

Canatu raises €18M capital for growth

Tuesday 01 November 2022
Companies / Markets

Canatu (Vantaa, Finland), a leader in advanced CNT for automotive and semiconductor industries, announced the closing of a €18M funding round, led by long-standing investors 3M Ventures, the venture capital arm of 3M, Ascend and eFruit International Inc. New investors to Canatu also included Minth Group Ltd., Nordea, and Varma. With this latest funding round, the company has raised a total of €74M in financing since 2008.

Avery Dennison’s atma.io joins CIRPASS to lay the ground for deployment of European digital product passports

Monday 31 October 2022
Companies / Markets

Avery Dennison’s (Mentor, Ohio) atma.io connected product cloud joins the CIRPASS consortium, bringing together a core network of leading organisations in building the European vision for a unified Digital Product Passport (DPP) approach across multiple value chains. Funded by the European Commission under the Digital Europe Programme, CIRPASS aims to prepare the ground for the gradual piloting and deployment of the DPPs from 2023 onwards, with an initial focus on the electronics, batteries and textile sectors.