DR Utilight Overview
DR Utilight is developing Pattern Transfer Printing (PTP), a printing technology for the photovoltaic (PV) metallization process of c-Si solar cells. PTP aims to increase solar cell efficiency while reducing silver load on cell and PV manufacturing costs. The company has developed strategic partnerships with solar cell manufacturers in China and Taiwan.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Solar start-up seeks to energize Gaza border economy
Yavne-based solar-cell printing technology start-up Utilight is planning to construct two manufacturing plants in Gaza border communities. The company has developed laser printing technology to manufacture superior, cheaper and lighter solar cells. Utilight has been awarded “approved enterprise status” by the government, enabling the receipt of substantial grants for the development of technology in Israel’s periphery. The company has created a new business model by developing its own brand of solar panels, called SilverLight. Their patented SilverLight printing technology has already been installed by three major Chinese solar cell producers.
Expand
growth-positive
Israeli 3D laser printing co Utilight raises $2.9m
Israeli 3D laser printing developer Utilight Ltd. has raised $2.9 million from a strategic investor in Israel, SCI Advanced Technology Fund and high net worth Asian investors. The company has also received $3 million in grants from Israels Office of the Chief Scientist and plans to market a $15 million Series B financing in the second quarter of 2016. Utilight develops and markets its PTP technology, a non-contact 3D laser printing technology for high-volume manufacturing of printed electronics including PV solar cells. The company will use the latest financing to target and market to the worlds top 20 global PV manufacturers.
Investment
growth-positive
Bright green idea: 3D printing of solar cells
Israeli company Utilight has developed a new technology for economical 3D laser printing of photovoltaic (PV) cells. The companys patented Pattern Transfer Printing (PTP) method not only reduces the cost of solar cells, making them more accessible for mass manufacturing, but also increases their efficiency. The product is currently being tested by leading solar-cell manufacturers in China and Taiwan through a strategic partnership with Utilight. The companys CEO, Giora Dishon, claims that the technology can be retrofitted into existing manufacturing lines and the estimated return on investment is a fast six months.
CustomersInvestmentPartners
growth-positive
www.3ders.org
Utilight, an Israel-based startup, has developed a new additive manufacturing technology called Pattern Transfer Printing (PTP) that increases the efficiency of solar cells while reducing manufacturing costs. The company claims that the PTP process can save traditional manufacturers up to $500,000 in silver paste and an additional $500,000 in annual efficiency for a standard 40mw PV manufacturing line. Utilight has received funding from government grants and angel investors, including the Israeli Office of the Chief Scientist. The company aims to increase solar cell efficiency and reduce material use, ultimately reducing the cost per watt of solar electricity.
Investment
| Sector | Energy Tech |
Funding
| Total funding | $10.69M |
| Last funding | $285.71K |
| Stage | Mature |
| Rounds | 4 |
| Investors | 4 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | www.utilight.com |
Locations
HaYarmuch St 1, Yavne, Israel
Photos & Videos
2 item(s)
