PRESS RELEASE: ChromoGenics recognized as Nanotechnology Company of the Year for its ConverLight™ dynamic glass

In front of an audience of industrial companies, researchers, policy makers, members of parliament and venture capitalists, ChromoGenics received the Nanotechnology Company of the Year Award from SwedNanoTech, Sweden’s first umbrella organization for its nanotechnology industry.

The award took place on Friday, May 20 at Nano Forum 2016, the fifth edition of Sweden’s largest conference on nanotechnology, advanced materials, and business opportunities, held at the Royal Swedish Academy of Engineering Sciences (IVA).

The award was based on the firms’ nanotech content, customers & sales, business plan, finances and scalability. The jury’s decision cited the following in granting the award to ChromoGenics: “The ability to control a window’s transparency is an excellent example of application of nanotechnology as a means for energy saving and better indoor climate. With a clear customer focus and strong IP strategy, ChromoGenics will introduce a paradigm shift to a traditional industry.”

Thomas Almesjö, CEO of ChromoGenics, stressed the importance of providing the right conditions to top-level Swedish academic research for global commercialization: “ChromoGenics, based on leading research at the Ångström Laboratory at the University of Uppsala, is now taking its technology to the next phase, industrial production and commercialization. Meeting worldwide demand for dynamic glass is not just about perfecting the right technology, but also developing the right business model to take advantage of technical advances. At ChromoGenics we are now launching our ConverLight™ product in a way that takes advantage of existing supply chains and makes them more efficient.”

ConverLight is a flexible, dynamic glass solution providing effective solar protection for increased indoor comfort and energy efficiency. The windows adapt automatically or manually to daylight and solar radiation, without any external equipment interfering with the view or changing the esthetic appearance of the building façade. ChromoGenics’ unique, proprietary electrochromic technology controls optical properties, shifting transparency between lighter or darker.

Energy savings come from reduced needs for air conditioning, since the surplus solar radiation can be reduced up to 90% by dynamically shading the glass. It contributes to fulfilling the requirements of environmental building certifications, such as LEED and BREEAM.

Production is already at high tempo in the plant to fulfill orders for several Scandinavian architectural façade projects, and initial deliveries will take place during 2016.

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