COLUMBIA, USA: New Energy Technologies Inc. announced that the Company has entered into an expanded License Agreement with the University of South Florida Research Foundation Inc. (USFRF) to include several additional technologies which enable development of SolarWindow, the world’s first-of-its-kind product capable of generating electricity on see-thru glass windows.
Under terms of the agreement, the Company’s wholly-owned subsidiary, New Energy Solar Corporation, obtained an exclusive worldwide commercial license to numerous discoveries important to achieving transparency and ease of manufacturing of SolarWindow. Included are new patent filings and inventions, which:
* Allow electricity-generating coatings to be sprayed onto surfaces while remaining see-thru; and
* Enable fabrication of novel ‘contacts’ which conduct electricity on SolarWindow, yet remain see-thru. Conventional contacts for conducting electricity make use of metals which can block visibility and inhibit transparency.
“Through our licensing arrangement, each new scientific and technical discovery in the research facility brings SolarWindow one step closer to commercialization,” stated John A. Conklin, president and CEO of New Energy Technologies.
“This expanded License Agreement strengthens New Energy’s intellectual property portfolio and reinforces our confidence in knowing that important technologies are secured exclusively for our worldwide use as we move SolarWindow™ towards pre-production scale-up and eventual commercial launch.”
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