"For ten years, people have been saying nanotechnology is going to hit next year," CEO Craig Bandes joked. "Well, now it is actually happening and these companies are finally seeing that nanotechnology is real -- that it is having real, significant impacts in a number of different technologies and products."
Next-Generation Solutions for Next-Generation Technologies
"Semiconductors have gone from a 22 nanometer node down to a 14 nanometer, and now a nine nanometer node. They need new materials and technologies to get them there," Bandes explained.
"And also, for flat screen displays and LEDs, how do you continue to make devices smaller and thinner yet still improve the clarity and the battery efficiency?" he asked. "They need next-generation solutions for that."
The problem for these large companies, however, is that they lack the research funds to develop those technologies on their own.
"There has been a significant decrease of R&D dollars not only with large material manufacturing companies here in the U.S., but really across the board because of the challenges to the global economy these past five to seven years," he explained. "They just couldn't justify making those internal investments."
This has left these companies scrambling to find ways to develop the materials and technologies they need to meet the market demands.
At this point, Bandes suggestsed it would take these companies far too long to develop quality technologies on their own, so they are finding ways to work with companies like Pixelligent that can bring them the high quality, scalable technology they need.
And this, he said, is the story behind the "revolution."