UbiQD Secures Licenses from MIT, Los Alamos

Quantum dots (QDs) manufacturer UbiQD LLC has secured two intellectual property licenses: one exclusive license from Massachusetts Institute of Technology (MIT) and one nonexclusive license from Los Alamos National Security LLC (LANS). LANS is a private company that operates the Los Alamos National Laboratory (Los Alamos) on behalf of the Department of Energy and National Nuclear Security Administration.

Both licenses relate to QDs that are substantially free of toxic elements – both in regards to their physical compositions, as well the elimination of such elements in the manufacturing process. The luminescent QDs covered in these patents have been demonstrated in a wide array of technologies, ranging from solar energy and solid-state lighting to medical imaging and cancer research.

Specialized in the manufacturing of high-performance, low-hazard and low-cost QDs, UbiQD has secured the licensing agreements to fulfill its product goals.

According Dr. Hunter McDaniel, UbiQD’s founder and president, “Execution of these license agreements is a major step forward for the company.” Originally having helped to develop the licensed technology during his time as a postdoc at Los Alamos, he added, “Together, these two inventions represent UbiQD’s founding technology position that surrounds low-hazard, inexpensive, and high-performance quantum dots.”

“We are now also seeking partners in distribution and application development,” McDaniel stated. With the execution of these licenses, UbiQD now is selling copper indium zinc sulfide QDs for research purposes.