New Iridium (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
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Company Info
Company Description
Conventional chemical and pharmaceutical processes are energy-intensive and require multiple manufacturing steps. New Iridium’s next-generation photocatalysis platform delivers unprecedented reductions in manufacturing costs and time to market. The core of the platform is their suite of patented high-performance organic photocatalysts. These photocatalysts provide a sustainable and scalable solution for industrial usage. The technology reacts to light instead of heat, improving efficiencies in both product development and manufacturing leading to lower material costs, faster process turnaround and reduced energy inputs. Their novel approach is applicable to a wide range of chemical and pharmaceutical R&D and manufacturing applications.

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