Electrochromic display company Ynvisible recently provided an update on their 2018/19 strategy. The strategy they outlined is as follows:
Our core strategy for 2018/19 has 3 major components:
1. Scale up our sheet-to-sheet production facility to be able to fulfill customer orders and accelerate market adoption:
Our new sheet-to-sheet production facility in Lisbon is roughly 4 weeks away from completion as we are in the final stages of procurement and equipment integration. With this production capacity, we can move from 1000's of units per order to hundreds of thousands of units per order. We recognize our clients' needs for cost competitiveness and high volumes, and our new facility is aimed at solving those issues. Our new production facility will allow us to quickly iterate new designs to produce products for clients, and will immensely reduce the time and cost to get enhanced products to market. The new production facility will allow us to help product designers realize their vision for products, and help brands bring them to market in moderate volumes, as a precursor for larger scale orders.
2. Keep working with high profile consumer brands to produce innovative end products:
We are currently working with several consumer brand companies to deliver exciting product innovations. At a competitive cost, we are integrating our displays into mass produced consumer and industrial products. We cannot disclose who these clients are at this time, but think packaging and labels, health care, IoT, shipping, and many more. Specific applications include status indicators, critical event monitoring, quality indication, and enhanced displays for marketing purposes. The sky is the limit regarding product possibilities; the focus now is developing the highest potential applications with the design teams at these companies. We are also a leading member of the EU sponsored DecoChrom project that works with industry partners and universities to build tools that enable designers to create products with electrochromics. With these tools we can leverage the talent of design teams around the world to create innovative products that use ynvisible's technology.
3. Continue to innovate with new inks and processes:
In the near future, our goal is to capitalize on the strong demand for electrochromic products and seamlessly integrate the production of ynvisible's technology within the existing print houses of global brands. Eventually, the majority of revenues will be made through technology transfer to existing print houses, as well as the supply of essential inks and components that are wholly-owned and proprietary to ynvisible. It is this broad IP portfolio and technical know-how that will make ynvisible a key player in electrochromic displays, and hedges ynvisible's success across the industry.
We have recently created an ink commercialization facility in Germany to scale production and enhance the functionality of our electrochromic inks (more colours, robustness, plastic free, etc.) while also strengthening our IP portfolio and know-how. ynvisible is a proud member of INNPAPER which seeks to make printed electronics completely paper based and plastic-free. An example of our recent developments is our latest granted patent (EU 2821458) that combines the previously separate electrochromic and electrolyte layers in an EC device, into a single layer, making the printing process for irreversible displays much more efficient.
Source and top image: Ynvisible