Apr 3 2013
Nanosys, enabling a new generation of high color fidelity, energy-efficient displays with its quantum-dot technology, today announced that it has expanded into a new, high-capacity production facility in Milpitas, California.
U.S. Congressman Mike Honda addresses employees at a ribbon cutting ceremony for Nanosys' new, 60,000 square foot manufacturing site in Milpitas, CA. The company will hire 50 additional employees as it expands manufacturing capacity to meed demand from display makers for its quantum dot optical components. (PRNewsFoto/Nanosys, Inc.)
Nanosys' new 60,000 square foot facility will produce over 1,000 kilograms of quantum dots per year- enough material to build more than five million 55" quantum dot televisions. As part of the expansion Nanosys expects to create more than 50 next-generation manufacturing jobs in the South Bay.
Nanosys' latest product, Quantum Dot Enhancement Film (QDEF), is a drop-in optical component for LCDs that creates a richer, more lifelike color experience while consuming less power than alternatives. Nanosys is working closely with supply chain partner 3M to ramp deliveries as demand for QDEF from global display manufacturers increases.
"You've never seen anything like a quantum dot display," said Jason Hartlove , President and CEO of Nanosys. "We are working with display makers to create a new high color gamut display experience that is more cost effective, efficient and reliable than anything else currently on the market. The response from manufacturers so far has been great and demand for QDEF has grown to the point that we've had to significantly expand manufacturing to keep up."
The move was made official yesterday at a ribbon cutting ceremony attended by U.S. Congressman and long-time nanotechnology advocate Mike Honda of the 17th district and Milpitas Mayor Jose Esteves .
"Advanced manufacturing is a driving force creating Silicon Valley jobs, and I welcome Nanosys Inc.'s expansion to their new 60,000 square foot manufacturing facility in Milpitas," said Silicon Valley Congressman Mike Honda. "As my Blue Ribbon Task Force on Nanotechnology made clear, nanotechnology offers Silicon Valley the opportunity to be at the forefront of technologically disruptive industries. I applaud Nanosys for displaying the fortitude and ingenuity to grow from a startup to manufacturing commercial products, qualities that are so prevalent in Silicon Valley. It is this kind of innovation that will keep the United States competitive in the global marketplace."