UbiQD and SWM International Agree to Co-Develop Next Generation Quantum Dot Interlayers for Electricity-Producing Windows
Alpharetta, GA and Los Alamos, NM, April 28, 2022 (GLOBE NEWSWIRE) -- UbiQD, Inc., a ‘deep-tech' advanced materials company spun out of Los Alamos National Laboratory, and Schweitzer-Mauduit International, Inc. (NYSE:SWM), a leading performance materials company with deep domain expertise in polymer engineering, have announced a collaboration to develop a quantum dot (QD) glass interlayer that enables production efficiencies for solar window manufacturing to scale faster and at lower costs.
"SWM has a track record for delivering demanding and value-added solutions, solving our customers' most challenging problems," explained Caio Sedeno, Vice President and General Manager of Films for SWM. "This new relationship extends our technical contributions to the built environment, enabling property owners and developers to push towards net-zero."
According to the US Department of Energy, buildings account for 76% of domestic electricity use.
UbiQD's ‘luminescent solar concentrator' technology deploys fluorescent QDs between two sheets of glass, within the interlayer, to provide a modest tint with various color options. The QDs partially absorb sunlight and convert it into near-IR light that is harvested into electricity by solar cells hidden in the window frame.
"Advancements in materials innovation have led to some of the most important solutions for humankind, and renewable energy will be no exception," said Hunter McDaniel, Founder and CEO of UbiQD. "Together with SWM, we are reimagining what windows mean for the built environment and the decarbonization of buildings."
About UbiQD, Inc.
UbiQD (pronounced 'ubiquity') is an advanced materials company powering impactful innovation in agriculture, clean energy, and security. Our quantum dots enable products that harness the power of color and light. Headquartered in Los Alamos, New Mexico, UbiQD is licensing technology developed at leading research institutions, including Los Alamos National Laboratory, M.I.T., University of Washington, and Western Washington University. To learn more, please visit: https://www.ubiqd.com.
About SWM
SWM is a leading global performance materials company, focused on finding ways to improve everyday life by bringing best-in-class innovation, design, and manufacturing solutions to our customers. Our highly engineered films, adhesive tapes, foams, nets, nonwovens, and papers are designed and manufactured using resins, polymers, and natural fibers for a variety of industries and specialty applications. SWM and its subsidiaries manufacture on four continents, conduct business in over 90 countries and employ approximately 5,000 people worldwide. For further information, please visit SWM's website at www.swmintl.com.
Forward-Looking Statements
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The forward-looking statements included in this press release are made only as of the date of this release, and except as otherwise required by federal securities law, neither UbiQD nor SWM have any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances.
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Media Contacts For UbiQD, Inc.: [email protected] 505.310.6767 For SWM International: Mary Gibson [email protected]
