XTPL received a grant in the amount of nearly PLN 10M within the framework of the Fast Track competition of the National Centre for Research and Development. The money will allow scientists working on the technology of making ultra-thin, electrically conductive lines to move from the operation in a laboratory scale to the first implementations.
– We got a lot of letters of intent from global companies that are ready to deploy our technology. One such company is Trina Solar – the largest manufacturer of photovoltaic modules in the world. It is extremely gratifying, we believed from the very beginning of our work in the potential of our invention. Cooperation with the biggest players, however, requires to bring our technology to a higher market-readiness level. For that a larger team and well-equipped laboratories are needed. With the money from the National Centre for Research and Development we will be able to expand the XTPL team by new specialists and rent laboratory space with the necessary equipment. This is a step that will allow us to achieve our goal of the first implementations with industry partners. We estimate that we will be ready for this in 2.5 years – says Dr. Philip Granek, co-founder of XTPL.
Under the Fast Track program entrepreneurs can apply for funding for projects involving the implementation of industrial research and developmental work on technological solutions and products serving the development of their businesses and strengthening their competitive position.
XTPL is one of 46 projects that have been recommended for funding. In total, in the last stage of the competition the National Centre for Research and Development received 608 applications. Congratulations to our colleagues!