Navillum Nanotechnologies’ innovative method for fabricating quantum dots and other types of semiconducting nanocrystals at commercial scale that can both save energy and produce renewable energy. Quantum dots emit light at specific colors when stimulated by light or applied electrical source.
Semiconducting nanocrystals can make solar panels up to 45 percent more efficient, which is more than a two-fold increase over existing commercial solar technologies. When used in LCD displays, quantum dots can increase energy efficiency by up to 35 percent over existing display technologies and improve color quality by 50 percent. Adoption of quantum dot-based technologies will reduce CO2 emissions and help to lessen our dependence on fossil fuels.
Traditionally, fabricating quantum dots at large scales has been difficult, resulting in limited supply and high prices. However, recent technological advances at Navillum have made commercial scale production possible. The market for quantum dots is set to explode over the next several years, growing from $67M in sales in 2010 to $676M by 2015.
As a result, Navillum is poised to become a key market supplier to end-use application manufacturers. Led by a talented team of university researchers and MBA students, Navillum is helping to revolutionize energy efficient and clean energy technologies.