This funding is part of the cooperative agreement among PowerFilm’s majority-owned subsidiary Phicot, Hewlett-Packard, and the US Army Research Laboratory (ARL) for the three-year development program.
The initial funding award was $1.4m for the first year and that of the second year was $1.375m.
The funding will support the third year of the development program, which includes development of techniques for pixel defect reduction and fabrication of prototype devices.
After the third year of development, the focus will be on funding, fabricating, and installing the pilot manufacturing line for the flexible display components.
