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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

$4.5 Million Grant

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Momentive Performance Materials Inc. of Albany, N.Y., has received $4.5 million in funding from the US Department of Energy to continue to develop technology for low-cost production of LEDs used in solid-state lighting and for increased LED performance. The grant will help the company develop the commercial-scale technology, processes and equipment needed for mass-production of energy-efficient LEDs, which could reduce the national energy consumption for lighting by 29 percent.Read full article

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    Published: January 2010
    AlbanyBusinessConsumerfundingLED productionLight Sourceslight speedMomentive Performance MaterialsN.Y.solid-state lightingUS Dept. of EnergyLEDs

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