PragmatIC, a world leader in flexible electronics, has been awarded €1.6 million funding under the European Union's Horizon 2020 SME Instrument programme, for development of its FlexLogIC equipment announced in April.
FlexLogIC transfers PragmatIC's proven end-to-end flexIC production process into a self-contained, fully automated, modular "fab-in-a-box" for high throughput manufacturing. FlexLogIC offers capacity for billions of flexICs at a capital cost between 100 and 1000 times lower than a silicon fab.
The FlexLogIC design study was supported by the European Union's Horizon 2020 SME Instrument Phase 1 (grant agreement number 696266). PragmatIC has now been awarded further funding under the SME Instrument Phase 2 (grant agreement number 726029).
PragmatIC's Chief Executive Officer, Scott White, says: "This significant grant award provides further validation of the unique and compelling nature of the FlexLogIC equipment, and its potential to drive the commercial roll-out of mass-market flexible electronics."
More information on FlexLogIC is available at www.flexlogic.systems
About PragmatIC Printing Ltd
PragmatIC is a leader in ultra low cost flexible electronics, enabling the potential for trillions of "smart objects" that can sense and communicate with their environment.
PragmatIC's unique technology platform enables integrated circuits thinner than a human hair that can be easily embedded in any surface, introducing interactivity into a wide range of everyday items.
At a fraction of the price of conventional silicon chips, PragmatIC's products enable a vast range of new applications: from intelligent packaging of fast-moving consumer goods, to wireless traceability of documents for security and identification.
PragmatIC is headquartered in Cambridge, England and has a production facility based at the National Centre for Printable Electronics in Sedgefield.
PragmatIC's growing customer base includes large multi-national customers across a number of sectors, including consumer goods, packaging, security printing and mainstream electronics.