SAN MARCOS, USA: Quantum Materials Corp. announced the purchase of five diverse sets of patent families from Bayer Technology Services GmbH, the global technological backbone and major innovation driver for Bayer AG of Leverkusen, Germany.
The patents acquired provide broad intellectual property protection for advances Quantum Materials has achieved in economical high-volume quantum dot (QD) manufacturing. In addition, the Bayer patents cover volume production technology for heavy metal-free (HMF) quantum dots and nano-particles; increasing quantum yields for HMF quantum dots; and hybrid organic quantum dot solar cell (QDSC) production as well as a surface modification process for increased efficiency of high performance solar cells and printed electronics.
The patent families were acquired through a cash purchase agreement and financial details will remain private.
“We acquired these patents to not only expand our technology portfolio in heavy metal-free and QDSC production, but also to protect the advances we have made to date in the volume manufacturing of nanoparticles, including quantum dots,” said Stephen Squires, Quantum Materials CEO and president. “Bayer is a research pioneer in the nanotech and QD fields and these early filings were awarded with broad claims. It will be very difficult for competitors to produce materials in volume similar to ours without breaching our patents.”