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EKOS announces a groundbreaking study for brain blood clot removal
EKOS Corporation, a Bothell-based medical device company, announced February 25, 2010 that Dr. David W. Newell of Seattle's Swedish Neuroscience Institute presented to the American Heart Association International Stroke Conference a clinical study on removing brain and ventricular blood clots using a treatment involving ultrasound. The study found that treatment using ultrasound helped remove blood clots faster.
According to a press release, Dr. Douglas Hansmann, one of the study co-authors and EKOS co-founder said, "This research was possible because of the collaborative atmosphere in the Seattle biotech community. Funds from the Washington State Life Sciences Discovery Fund through money that Governor Christine Gregoire successfully helped appropriate for Washington State through the tobacco settlement provided a $170,000 grant that allowed EKOS to approach Dr. Newell and SNI with the proposal to study this exciting new application of EKOS technology."
Read more in a press release from EKOS Corporation
EKOS Corporation is a WTC clientLabels: Bothell, Company_and_Client_News, EKOS, Life_Sciences
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3TIER raises $3 million in equity financing
3TIER, a Seattle-based provider of renewable energy assessment and power forecasting services, raised $3,001,701 in equity financing according to a February 25, 2010 filing with the U.S. Securities and Exchange Commission.
In other news, 3TIER recently announced “the completion of its REmapping the World™ initiative, which was launched in March 2008 to address the biggest barrier to global renewable energy adoption — the lack of reliable information regarding resource potential and availability. With today's release of a global solar map and dataset, the company has completed its unprecedented goal of identifying and mapping the world's wind and solar resources using a globally consistent methodology.”
Read more in TechFlash
3TIER is a WTC ClientLabels: 3TIER, Company_and_Client_News, Energy, Funding
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Arcadia Biosciences wins $855,500 federal stimulus grant
Arcadia Biosciences, an agricultural technology company, has received a two-year, $855,500 Small Business Technology Transfer (STTR) grant funded by the National Institute of Diabetes and Digestive and Kidney Diseases and the American Recovery and Reinvestment Act. The grant was awarded to Arcadia Biosciences, in partnership with Washington State University, to help fund Phase II development of wheat varieties with reduced celiac disease-causing proteins.
Labels: Arcadia_Biosciences, Company_and_Client_News, Funding, Life_Sciences, RTD
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Magic Wheels helps first summit of Kilimanjaro by a paraplegic woman
Magic Wheels Inc., a Seattle-based maker of a patented, two-gear manual wheelchair wheel, supplied the wheels that helped Erica Davis, who's paralyzed from the chest down, become the first paraplegic woman to summit Mount Kilimanjaro in Tanzania. According to California's Lodi News-Sentinel, "Davis reached the summit with help from her teammates and technological ingenuity. One sponsor, Magic Wheels, manufactures a two-speed wheelchair that uses technology similar to mountain bikes and enabled her to shift into a lower gear and have more power climbing hills. There is also a feature that prevents the chair from rolling backward."
Read more in the Lodi News-Sentinel
Magic Wheels is a WTC clientLabels: Company_and_Client_News, Life_Sciences, Magic_Wheels
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Stratos Genomics Awarded Access Grant for DNA Sequencing Technology
Stratos Genomics will use WTC facilities and equipment to further its product development on the pathway to commercialization.
SEATTLE - January 6, 2010 - Washington Technology Center has awarded access to WTC facilities and equipment to Stratos Genomics, a Seattle-based startup biotechnology company, to further its DNA sequencing product development. This award is the first made by Washington Technology Center as part of its new Microfabrication Laboratory Access Program, a technology stimulus program for small businesses in Washington.
"We created this stimulus program to address a common barrier faced by small companies -- access to expensive equipment," said Chris Coleman, interim executive director of Washington Technology Center. "By removing that barrier and reducing the cost of innovation, we're able to help companies such as Stratos Genomics accelerate their growth, and ultimately create jobs in Washington."
Stratos Genomics is developing a new method of DNA sequencing that will dramatically reduce the time and costs of high-throughput DNA sequencing.
The company is receiving three months of WTC facility access for a proposal entitled "Nanopore Noise Reduction Project." The project will aim to meet a technical goal as Stratos Genomics develops a robust proof-of-concept for its technology. The technology creates, encodes and measures surrogate molecules derived from DNA targets to produce DNA sequence information.
Successful demonstration of the technology will open the door for company growth to address the next commercialization steps.
"It is great to see Washington Technology Center able to provide assistance to a small business in these difficult economic times," said state Sen. Jeanne Kohl-Welles (D-Seattle). "Helping an innovative company like Stratos Genomics can lead to new technologies that not only improve health, but also create jobs."
"Young, innovative companies such as Stratos Genomics remind us of Washington's history of creating the best technology ideas and jobs," said Rep. Reuven Carlyle (D-Seattle). "By providing early support to Stratos Genomics, the state will have helped them to unlock a promising medical advancement. I commend Washington Technology Center for helping to make sure they can become successful in our state."
About the Microfabrication Laboratory Access Program
Washington Technology Center's new Microfabrication Laboratory Access Program is a technology stimulus program that awards short-term access to sophisticated MEMS fabrication equipment to small businesses in Washington. More information about the lab access program is available online at http://www.watechcenter.org/accessprogram.
About Washington Technology Center
Washington Technology Center is a statewide economic development organization focused on technology and innovation. We spark ideas, form connections between people and resources, and foster job growth to position Washington state as a national technology leader. As an organization, Washington Technology Center channels state, federal, and private resources to help companies develop and commercialize new products and technologies. Our 15,000-square-foot Microfabrication Laboratory provides companies and university researchers access to facilities and specialized equipment for micro-electromechanical systems (MEMS) research and product/process development. The impact of Washington Technology Center's work has generated more than $630 million in additional investment for Washington companies and researchers. For more information how Washington Technology Center can help research and development projects succeed, visit http://www.watechcenter.org/ or call 206-685-1920.
- end of post - Labels: Access_Award, Company_and_Client_News, Life_Sciences, MEMS_and_Nanotechnology, Microfabrication_Lab, Stratos_Genomics, WTC_News
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Columbia PhytoTechnology gains funding from Oregon Angel Fund
Columbia PhytoTechnology, an innovator in the field of nutritional ingredients located in Carson, Wash., will receive $650,000 from the Oregon Angel Fund's 2009 fund, contingent on the company raising additional funds and reaching final agreement with the OAF. Columbia PhytoTechnology's patented technology uses radiant heat to remove water from foods and nutraceutical products, in a manner that preserves nutrients. Related external links (will open a new window):OAF votes to invest in two companies, including Portland-based Second Porch
OregonLive.com - Portland, Ore. - December 15, 2009
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Columbia PhytoTechnology is a WTC client
Washington Technology Center awards $528,978 in research funding
Posted 1/19/2008
- end of post -Labels: Columbia_PhytoTechnology, Company_and_Client_News, Funding
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Washington Technology Center awards $394,910 to spur innovation and jobs
Four University of Washington researchers have been awarded state funding for partnerships with Washington companies developing innovative commercial technologies. SEATTLE -- January 4, 2010 -- Washington Technology Center has awarded a total of $394,910 in state funding to four University of Washington researchers working with companies to develop commercially promising technologies. The Washington-based companies expect commercial adoption of the technologies to create 140 new jobs in the state during the next five years. The company partners are: Applied Precision, Inc., of Issaquah; Enertechnix, of Maple Valley; inVision Technology LLC, of Bellevue; and Omeros Corporation, of Seattle. Winning proposals from the University of Washington describe innovation in computer systems and microelectronics, advanced materials and manufacturing, and biotechnology and biomedical devices. "Innovation is an essential economic driver for Washington, and I commend Washington Technology Center for helping these companies and their research partners grow new business opportunities," said Washington Governor Chris Gregoire in support of this round of award winners. "We must do all we can to support our 21st century industries as they move cutting-edge ideas out of our laboratories and into Washington products and Washington jobs. "Our state's economy has benefited immensely from innovation," said state Rep. Phyllis Gutiérrez Kenney (D-Seattle), Chair of the House Community and Economic Development and Trade Committee. "That's why it makes sense to support joint efforts between our outstanding research institutions and the small businesses that are creating new products and new opportunities for our state's workforce." "We believe that investing in innovation is critical," said Chris Coleman, interim executive director of Washington Technology Center. "WTC's Research and Technology Development program helps identify and accelerate cutting-edge research that holds promise for commercial impact and job creation. Congratulations to these four companies and research teams for their outstanding efforts." This round of projects addresses a wide range of innovation: Applied Precision, Inc., a manufacturer of biomedical imaging systems located in Issaquah, is collaborating with the University of Washington's School of Medicine to develop a microfluidic imaging technology for biomedical applications. Successful commercialization of the technology will meet an expanding market need. In this Phase II project, UW will receive $95,215 in research and technology development funding from Washington Technology Center. Read more. Enertechnix, a manufacturer of high-temperature imaging systems located in Maple Valley, is partnered with the University of Washington's Department of Electrical Engineering to develop energy-efficiency technology to control the cleaning of heat-transfer surfaces in industrial paper and pulp processes. In this Phase II project, UW will receive $100,000 in research and technology development funding from Washington Technology Center. Read more. inVision Technology LLC, a Seattle-based developer of integrated composite components technology, is teamed with the University of Washington's Department of Materials Science & Engineering to develop an optimized design and manufacturing process for producing high-strength, low-weight composite structures. inVision plans to apply this technology initially to the rapidly growing unmanned aerial vehicle (UAV) market. University of Washington will receive $100,000 in research and technology development funding from Washington Technology Center for this Phase I project. Read more. Omeros Corporation, a Seattle-based clinical-stage biopharmaceutical company, is collaborating with the University of Washington's Department of Bioengineering to develop a cancer-targeting technology. In this preclinical Phase III project, UW will receive $99,695 in research and technology development funding from Washington Technology Center. Read more. About the Research & Technology Development (RTD) Grant ProgramWashington Technology Center competitively awards around $1 million in state funding annually through the Research & Technology Development Grant Program for technology projects that show strong potential for commercializing products and creating jobs in Washington. Since 1996, the RTD program has supported 339 research commercialization projects developed between companies and non-profit research institutions. Applications for the next round of funding are due April 22, 2010. More information about the research and technology development program is available online at http://www.watechcenter.org/rtd. About Washington Technology Center Washington Technology Center is a statewide economic development organization focused on technology and innovation. We spark ideas, form connections between people and resources, and foster job growth to position Washington state as a national technology leader. As an organization, Washington Technology Center channels state, federal, and private resources to help companies develop and commercialize new products and technologies. Our 15,000-square-foot Microfabrication Laboratory provides companies and university researchers access to facilities and specialized equipment for micro-electromechanical systems (MEMS) research and product/process development. The impact of Washington Technology Center's work has generated more than $630 million in additional investment for Washington companies and researchers. For more information how Washington Technology Center can help research and development projects succeed, visit www.watechcenter.org or call 206-685-1920. - end of post - Labels: Applied_Precision, Company_and_Client_News, Enertechnix, Funding, inVision_Technology, Omeros, RTD, WTC_News
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IsoRay announces a distribution agreement in Canada and another with GE subsidiary Oncura
IsoRay, Inc., a Richland-based developer of therapies for prostate and other cancers, has announced two new distribution agreements. Inter V Medical of Montreal, Quebec, Canada will have exclusive rights to sell Cesium-131 Brachytherapy seeds in Canada. GE Subsidary, Oncura will distribute the I-125 brachytherapy seed, OncoSeed™. In a press release, Dwight Babcock, Chairman and CEO stated, "By adding I-125 seeds to our prostate product offering we can now be a full service provider to our customers. OncoSeed brings with it a substantial and well documented track record of efficacy. While we believe that Cesium-131 adds an important new dimension to brachytherapy for a variety of anatomic sites including prostate, we see strategic value in supporting our customers that have not yet converted all their practice to Cesium-131." Related external links (will open a new window):IsoRay, Inc. Announces Iodine Distribution Agreement with GE Subsidary, Oncura
IsoRay - Richland, Wash. - December 3, 2009
IsoRay, Inc. Announces Distribution Agreement in Canada
IsoRay - Richland, Wash. - November 18, 2009
Related WTC links:
IsoRay is a WTC client
IsoRay announces world's first Cesium-131 lung implants
Posted 11/05/2009
IsoRay announces first head and neck cancer treated with Cesium-131
Posted 8/07/2009
IsoRay receives approval to market cancer therapy in Canada
Posted 5/12/2009
IsoRay signs distribution agreement for prostate brachytherapy product
Posted 2/19/2009
- end of post -Labels: Company_and_Client_News, IsoRay, Life_Sciences, Richland, RTD, Southeast
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Microvision nets $30.8M from stock sales
Microvision, a Redmond-based developer of light-scanning technologies, has netted approximately $30.8 million from two recent stock sales. According to its press releases, Microvision intends to use the net proceeds of the offering for general corporate purposes, including, but not limited to, working capital and capital expenditures. Related external links (will open a new window):Microvision Announces Closing of Public Offering of Common Stock
Microvision press release - Redmond, Wash. - December 2, 2009
Microvision Announces Closing of Public Offering of Common Stock
Microvision press release - Redmond, Wash. - November 24, 2009
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Microvision is a WTC client
Microvision announces first sales of world's first laser pico projector
Posted 10/09/2009
Microvision CEO says pico projector to retail for $400-$600 at introduction
Posted 8/03/2009
Microvision secures $1M contract from Lockheed Martin
Posted 7/08/2009
Microvision receives $15 million equity investment
Posted 6/22/2009
- end of post -Labels: Company_and_Client_News, Funding, MEMS_and_Nanotechnology, Microvision
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3TIER, UW and WSU are part of $178M smart grid project
3TIER, a Seattle-based provider of renewable energy assessment and power forecasting services, and the University of Washington and Washington State University are among 12 Northwest utilities and several companies taking part in a smart grid demonstration project which received $89 million in stimulus funding from the U.S. Department of Energy. The Pacific Northwest Smart Grid Demonstration Project, led by Battelle Memorial Institute in Richland, Wash., spans five states and will involve 60,000 consumers in a project that will validate new technologies and approaches for energy efficiency. Of the approximately $178 million total project cost, half will be cost-shared by the participants. Related external links (will open a new window):Pacific Northwest Smart Grid Demonstration Project
Battelle - Richland, Wash.
DOE Selects the Northwest and 3TIER for $178M Smart Grid Demo
3TIER press release - Seattle - November 24, 2009
Secretary Chu Announces $620 Million for Smart Grid Demonstration and Energy Storage Projects
Pacific Northwest to host smart grid demo
Sustainable Industries - San Francisco - December 3, 2009
Pacific Northwest emerges as power player in ‘smart-grid’ sweepstakes
Puget Sound Business Journal - Seattle - December 4, 2009
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3TIER is a WTC client
3TIER cuts staff due to uncertainty in the renewable energy market
Posted 10/09/2009
3TIER opens offices in Germany, Australia and India
Posted 4/06/2009
Washington's clean tech companies -- a list from Xconomy
Posted 3/03/2009
3TIER launches global wind prospecting tool
Posted 2/06/2009
3TIER receives $10M in venture funding
Posted 12/18/2008
- end of post -Labels: 3TIER, Company_and_Client_News, Energy, Funding, Partner_News_and_More, Stimulus, UW, WSU
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IsoRay announces world's first Cesium-131 lung implants
IsoRay, Inc., a Richland-based developer of therapies for prostate and other cancers, has announced that the world's first Cesium-131 lung implants have been performed at Cornell Medical Center. Related external links (will open a new window):IsoRay announces world's first Cesium-131 lung implants performed at Cornell Medical Center
IsoRay - Richland, Wash. - October 27, 2009
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IsoRay is a WTC client
IsoRay announces first head and neck cancer treated with Cesium-131
Posted 8/07/2009
IsoRay receives approval to market cancer therapy in Canada
Posted 5/12/2009
IsoRay signs distribution agreement for prostate brachytherapy product
Posted 2/19/2009
- end of post -Labels: Company_and_Client_News, IsoRay, Life_Sciences, Richland, RTD, Southeast
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MicroGREEN Polymers wins $60K Zino investment
MicroGREEN Polymers, an Arlington-based developer of environmentally friendly recycled plastic products, has won $60,000 in the fourth-annual Zino Zillionaire Investment Forum (ZZIF). "We are honored to receive the ZZIF 2009 Non-Technology Best Investment Fund Award. The award money, together with funds we secured for our upcoming Series B closing, will be used to build-out our facilities to full commercial production scale. This will enable us to further demonstrate to CPGs how Ad-air(TM) empowers them to lower the material costs of plastic products and improve their sustainability to meet growing consumer demands," said Tom Malone, CEO of MicroGREEN Polymers. Related external links (will open a new window):ZINO Society Awards $120,000 Investment Funds to Two Companies
Reuters - Seattle - October 21, 2009
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MicroGREEN Polymers is a WTC client
MicroGREEN Polymers business evolution profiled
Posted 8/24/2009
MicroGREEN Polymers raises $1.6M in ongoing investment round
Posted 7/10/2009
- end of post -Labels: Company_and_Client_News, Funding, MicroGREEN_Polymers
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Governor Gregoire celebrates new installation of Andgar's manure-to-electricity system
At a recent ribbon-cutting ceremony in Skagit County, Wash., Governor Chris Gregoire celebrated Farm Power's operation of a system built by Andgar Corp. for turning cow manure into electricity. Farm Power's operation produces up to 750 kilowatts of electricity -- enough to power 500 homes. They sell the power to Puget Sound Energy for 8 cents per kilowatt hour. The anaerobic digester system, also known as biogas recovery system, burns methane gas produced by cow manure to produce electricity. The resulting clean and odorless processed cow manure is then sent back to farmers as an organic fertilizer. Related external links (will open a new window):Dairies' manure turned into fuel
The Seattle Times - Seattle - October 13, 2009
http://www.farmpower.com/
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Andgar Corp. is a WTC client
- end of post -Labels: Andgar, Company_and_Client_News, Energy
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nLIGHT, Lockheed Martin Aculight, among the Washington companies receiving millions in job-creating Defense spending
U.S. Senator Patty Murray (D-WA) announced October 6, 2009 that the $63 million in federal defense work for Washington state companies that she included in the Fiscal Year 2010 Defense Appropriations bill has passed the full Senate. Senator Murray is a senior member of the Senate Defense Appropriations Subcommittee. "This spending will create good jobs in Washington state and help our armed forces get the cutting-edge military equipment they need and deserve," said Senator Patty Murray. "Washington state companies are at the forefront of research and innovation, and these contracts will give them the resources they need to continue developing new ways to keep our service members and country safe. The spending I have included in this bill will provide a critical boost to the economy, and it will make a strong investment in research, technology, and innovation in Washington state." nLight of Vancouver received $4 million for "Advanced Fiber Lasers Systems and Components." This funding would be used to improve the Air Force's eye-safe laser capabilities by developing advanced fiber laser technology. In addition to supporting engineering jobs in Clark County, Wash., this would improve military laser technology used to counter roadside bombs and other threats to the warfighter. Lockheed Martin Aculight Corporation of Bothell received $4 million for "Optical Neural Techniques for Combat/Post-Trauma Healthcare." This funding would develop new laser stimulation technology for the Army to address hearing loss, balance disorders and other medical conditions affecting soldiers. This innovative approach towards hearing loss and other medical conditions would advance research to better care for soldiers returning from war. Related external links (will open a new window):Job-Creating Defense Spending for Washington State Passes Full Senate
U.S. Senator Patty Murray - Washington, D.C. - October 6, 2009
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nLIGHT is a WTC client
Aculight is a WTC client
- end of post -Labels: Aculight, Company_and_Client_News, Defense_and_Security, federal_government, Funding, nLIGHT, Senator_Murray
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Omeros stock IPO closes lower in first two days of trading
Omeros Corporation, a Seattle-based biopharmaceutical company, saw its stock price close lower in its first two days of trading after the company's initial public offering (IPO) on October 8, 2009. The company had priced its offering of 6.82 million shares at $10 each, but saw shares close trading at $8.46 on October 9. The Seattle Times reported that "Omeros, the first Pacific Northwest-based company to go public in nearly two years, was also the first early-stage pharmaceutical company nationally to do so since 2007." Related external links (will open a new window):Omeros, Worst Performing IPO of 2009, Casts Shadow Over Other Aspiring Biotechs
Xconomy - Seattle - October 27, 2009
Omeros stock sinks in market debut
The Seattle Times - Seattle - October 9, 2009
Omeros Prices IPO at $68.2 Million
The New York Times - New York - October 8, 2009
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Omeros is a WTC client
Washington Technology Center Awards $485,261 in Research Funding
Posted 1/14/2009
Omeros awarded $465,000 grant for Parkinson's research
Posted 1/13/2009
- end of post -Labels: 43rd_district, Company_and_Client_News, Funding, Life_Sciences, Omeros, RTD, Seattle
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Microvision announces first sales of world's first laser pico projector
Microvision, a Redmond-based developer of light-scanning technologies, has announced the first sales of its recently launched pocket-sized pico projector. The company received a purchase order in September from its Asian distribution and marketing partner, and announced in October a deal with an undisclosed global consumer electronics OEM that plans to private label the projector. Details of market launch activities have not been released. Update (10/28/2009): Uniden Corporation of Japan is the previously undisclosed global consumer electronics OEM. Microvision has also announced it received an order from a global mobile phone operator. Related external links (will open a new window):Microvision Lands Order For SHOWWX Laser Pico Projectors With World Leading Mobile Phone Operator
Microvision press release - Redmond, WA - October 27, 2009
Microvision Secures Global Consumer Electronics OEM To Private-Label Laser Pico Projector
Microvision press release - Redmond, WA - October 8, 2009
Microvision Receives Purchase Order and Begins Shipping World's First Laser Pico Projector, SHOWWX
Microvision press release - Redmond, WA - September 30, 2009
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Microvision is a WTC client
Microvision CEO says pico projector to retail for $400-$600 at introduction
Posted 8/03/2009
Microvision secures $1M contract from Lockheed Martin
Posted 7/08/2009
Microvision receives $15 million equity investment
Posted 6/22/2009
Microvision lands supplier of green lasers for its pico projector
Posted 5/08/2009
- end of post -Labels: Company_and_Client_News, MEMS_and_Nanotechnology, Microvision
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Insitu unmanned aircraft are now helping to fight forest fires
The Vancouver Sun reports that Insitu ScanEagle unmanned aircraft "are being flown through thick smoke over intense wildfires to map where fire lines are holding and where flames are spreading." University of Alaska research staff have been flying the planes outfitted with infrared cameras since August 5th, after worsening fire conditions in Alaska's Crazy Mountain Complex grounded manned aircraft. "The university is the first entity other than NASA or the U.S. Department of Defense to receive emergency clearance to fly unmanned aircraft beyond the line of sight in civil airspace." With the Insitu unmanned planes in service during dangerous conditions, personnel are able to monitor fire lines from afar without putting themselves at physical risk. UPDATE 8/27/2009: Watch video from University of Alaska available on Wired Related external links (will open a new window):Unmanned drones play vital role in fighting Alaskan forest fires
The Vancouver Sun - Vancouver, Canada - August 13, 2009
Video: UAV in a Firefight of a Different Kind
Wired - U.S. - August 26, 2009
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Insitu is a WTC client
Insitu expands production operations, employees and revenue from its base in rural Bingen, Washington
Posted 7/10/2009
Insitu: the origin and evolution of its unmanned aircraft
Posted 6/29/2009
Boeing's acquisition of Insitu buys small-company culture; provides market power
Posted 5/29/2009
Insitu wins $250M U.S. Special Ops contract for ScanEagle
Posted 5/26/2009
- end of post -Labels: Aerospace, Company_and_Client_News, Defense_and_Security, Insitu
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IsoRay announces first head and neck cancer treated with Cesium-131
IsoRay, Inc., a Richland-based developer of therapies for prostate and other cancers, has announced the first head and neck cancer treated with Cesium-131. Dwight Babcock, IsoRay's CEO, stated "This is an important development in our strategy to significantly broaden our base beyond prostate cancer. Cesium-131 has unique characteristics for treating many additional cancers such as this new application that provided a minimally invasive treatment option for this patient." Update 8/19/09: IsoRay received FDA clearance to market Cesium-131 for treating other cancers -- such as those affecting the head, neck and other organs -- beyond the current prostate market. Related external links (will open a new window):IsoRay Announces First Head And Neck Cancer Treated With Cesium-131
IsoRay - Richland, Wash. - July 27, 2009
IsoRay Announces FDA Clearance Supporting Enhanced Loading and Delivery Methods for the Treatment of Lung, Head and Neck, and Other Tumors
IsoRay - Richland, Wash. - August 18, 2009
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IsoRay is a WTC client
IsoRay receives approval to market cancer therapy in Canada
Posted 5/12/2009
IsoRay signs distribution agreement for prostate brachytherapy product
Posted 2/19/2009
- end of post -Labels: Company_and_Client_News, IsoRay, Life_Sciences, Richland, RTD, Southeast
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EnerG2 awarded $21.3M in energy stimulus funding for facility in Oregon
EnerG2, a Seattle-based startup in the energy storage market, has received $21.3 million in federal stimulus funding from the Department of Energy to build a high-tech facility in Oregon for commercial-scale production of its nano-engineered ultracapacitor energy storage material. EnerG2 uses University of Washington technology to create ultracapacitors which store and release more energy faster than conventional batteries. In a press release announcing the funding, Rick Luebbe, CEO of EnerG2, said, "We appreciate the Department of Energy's confidence in us and we are eager to help the next generation of clean transportation become a reality. We are confident that our materials will improve these vehicles' efficiency, range and affordability." Related external links (will open a new window):EnerG2 Is Awarded $21.3 Million in Federal Stimulus Funds
EnerG2 - Seattle - August 5, 2009
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EnerG2 is a WTC client
EnerG2 raises $2.5 million in equity and options
Posted 6/03/2009
EnerG2 raises $8.5 M in financing round
Posted 11/18/2008
- end of post -Labels: Company_and_Client_News, EnerG2, Energy, Funding
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nLIGHT of Vancouver, Wash. recognized for fourth consecutive year as one of the fastest growing technology companies
nLIGHT, a manufacturer of high-power laser diode-based products located in Vancouver, Wash., has been named for the fourth consecutive year in a row in Deloitte’s Technology Fast 500 as one of the fastest growing technology companies in North America. According to the nLIGHT press release, "Deloitte's Technology Fast 500 is an award that recognizes the fastest growing technology, media, telecommunication and life sciences companies in North America based on percentage fiscal year revenue growth over five years (2004-2008). nLIGHT achieved a ranking of 76th of the fastest growing 500 technology companies in North America during 2008." Larry Hile a partner in Deloitte's Technology, Media & Telecommunications practice based in Seattle said, "The Technology Fast 500 organizations are innovating with increasing speed and global vision helping to deliver breakthrough growth in their respective markets. It's these visionary organizations and leaders that deliver greatness, even during these difficult economic times." Related external links (will open a new window):nLIGHT Recognized for Fourth Consecutive Year by Deloitte as One of the Fastest Growing Technology Companies
nLIGHT - Vancouver, Wash. - May 4, 2009
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nLIGHT is a WTC client
nLIGHT adds $10.7 million in growth capital
Posted 2/03/2009
- end of post -Labels: Company_and_Client_News, MEMS_and_Nanotechnology, nLIGHT
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MicroGREEN Polymers raises $1.6M in ongoing investment round
Xconomy reports that "MicroGreen Polymers, an Arlington, WA-based developer of technology to recycle plastics into cheaper, environmentally friendly coffee cups among other things, has raised $1.6 million for expansion from WRF Capital and local angel investors (Northwest Energy Angels, Alliance of Angels, and Atlas Accelerator), out of an ongoing round the company expects will net $3 to $4 million later this month." Related external links (will open a new window):MicroGreen Polymers Grabs $1.6M to Put Green Plastics Into Your Morning Coffee Cup
Xconomy - Seattle - July 9, 2009
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MicroGREEN Polymers is a WTC client
MicroGREEN Gives Gift to University of Washington
Posted 4/02/2008
- end of post -Labels: Company_and_Client_News, Funding, MicroGREEN_Polymers
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Insitu expands production operations, employees and revenue from its base in rural Bingen, Washington
Insitu, a Boeing subsidiary which makes unmanned aerial vehicles in Bingen, Washington, announced that it has produced its 1,000th ScanEagle unmanned aircraft system and that it is expanding production to a facility in Stevenson, Washington. According to The Oregonian, "The company has grown from four employees when it was founded in 1994, to six when [CEO Steve] Sliwa joined in 2001, to about 30 in 2004 to 360 employees in July 2008 when Boeing announced it was going to acquire Insitu as a wholly owned subsidiary." As of July 6, 2009, Insitu has 657 employees with roughly 200 deployed internationally. Revenues for 2009 are expected to be around $200 million, compared to $143 million in 2008. Related external links (will open a new window):Boeing drone maker creates technology jobs near Gorge
Seattle Times - United States - July 26, 2009
In remote Washington, Insitu's growth takes off with remote aircraft
OregonLive.com - Portland, Ore. - July 9, 2009
Insitu Produces 1,000th ScanEagle; Expands Production Operations
Insitu - Bingen, Wash. - July 9, 2009
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Insitu is a WTC client
Insitu: the origin and evolution of its unmanned aircraft
Posted 6/29/2009
Boeing's acquisition of Insitu buys small-company culture; provides market power
Posted 5/29/2009
Insitu wins $250M U.S. Special Ops contract for ScanEagle
Posted 5/26/2009
- end of post -Labels: Aerospace, Company_and_Client_News, Defense_and_Security, Insitu
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Microvision secures $1M contract from Lockheed Martin
Microvision, a Redmond-based developer of light-scanning technologies, has secured a $1,000,000 subcontract from Lockheed Martin Corporation to develop a daylight-readable, see-through, low-profile, ergonomic eyewear display. According to a Microvision press release, "This subcontract is part of DARPA’s Urban Leader Tactical Response, Awareness & Visualization (ULTRA-Vis) program, an advanced technology development initiative, whose objective it is to build a soldier-worn system that provides non-line-of-sight command and control in distributed urban operations for dismounted warfighters." Related external links (will open a new window):Microvision Announces $1M Contract Award from Lockheed Martin Corporation to Develop Low-Profile See-Through Eyewear Displays
Microvision - Redmond, WA - July 7, 2009
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Microvision is a WTC client
6-22-09: Microvision receives $15 million equity investment
5-8-09: Microvision lands supplier of green lasers for its pico projector
- end of post -Labels: Company_and_Client_News, Defense_and_Security, Funding, MEMS_and_Nanotechnology, Microvision
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PhysioSonics raises $2 million in financing
PhysioSonics, Inc., a privately held developer of noninvasive neurologic monitors, announced it has raised $2 million in a second tranche of series A financing. This follows a $4 million investment in 2008. The company is commercializing technologies including an ultrasound-based transcranial Doppler (TCD) monitor neuromonitor. In a press release, Brad Harlow, president & CEO of PhysioSonics said, "We are very excited with the continued validation of our product development as more neurosurgeons, anesthesiologists and cardiologists view our technology." The company was formerly known as Allez Physionix. Related external links (will open a new window):PhysioSonics, Inc. Raises $2.0 Million for Second Tranche of Series A Financing
Earthtimes (press release) - London, UK - July 1, 2009
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Washington Technology Center awards $376,454 to spur innovation and jobs
Five company-researcher projects have been awarded state funding for the development of innovative commercial technologies.
SEATTLE – July 1, 2009 – Washington Technology Center has awarded a total of $376,454 in state funding to five researchers working with companies to develop commercially promising technologies. The companies expect commercial adoption of their technologies to create 175 new jobs in Washington during the next five years.
The company partners are: Data Data, of Vancouver; Healionics, of Redmond; Modumetal, of Seattle; Paine Electronics, of East Wenatchee; and Simulab, of Seattle. Winning proposals from the University of Washington and Washington State University Vancouver described innovation in computer systems and microelectronics, advanced materials and manufacturing, and biotechnology and biomedical devices.
"I commend these companies and their research partners for growing new business opportunities," said Washington Governor Chris Gregoire in support of this round of award winners. "This kind of investment in innovation builds on our state’s strong university research institutions, supports our 21st century industries, and most importantly, helps to create family-wage jobs in Washington.”
This round of projects addresses a wide range of innovation:
Data Data, Inc., a property data solutions company founded in 2007, is collaborating with the School of Engineering and Computer Science at Washington State University Vancouver to evaluate the use of machine learning algorithms to improve document classification and information extraction from images of public records documents. Data Data expects that successful application of this technology will enable the company to scale its real estate market statistics services to the national level and, in the process, create 40 new technology jobs in Washington during the next five years. WSU Vancouver will receive $28,546 in Phase I research and technology development funding from Washington Technology Center and $5,845 from Data Data for the project. More
Healionics Corporation, a startup biomaterials company in Redmond, is partnered with the Department of Medicine at the University of Washington to commercialize UW technology that will reduce infection from skin-breaching devices such as catheters. Healionics expects this technology will enable the company to capture a significant part of a $100-200 million market resulting in the creation of 50 new technology jobs during the next five years. UW will receive $82,500 in Phase II research and technology development funding from Washington Technology Center and $16,500 from Healionics for the project. More
Modumetal, Inc., a Seattle-based developer of nanostructured materials, is teamed with the University of Washington’s Department of Materials Science and Engineering to develop an innovative nanostructured anti-corrosion technology. Modumetal projects this new technology will lead to many opportunities in a $120 billion market and grow 50 jobs in the company during the next five years. UW will receive $100,000 in Phase I research and technology development funding from Washington Technology Center and $20,000 from Modumetal for the project. More
Paine Electronics, LLC, a manufacturer of pressure instrumentation with headquarters in East Wenatchee and a production facility in Renton, is collaborating with the University of Washington’s Department of Electrical Engineering to develop an integrated circuit for use in high-temperature sensors. Paine Electronics expects the new sensors will open up opportunities in the growing geothermal and mineral exploration markets, and create 25 jobs during the next five years. UW will receive $65,408 in Phase I research and technology development funding from Washington Technology Center and $14,538 from Paine Electronics for the project. More
Simulab Corporation, a Seattle-based developer of medical and surgical simulators, is working with the BioRobotics Laboratory at the University of Washington to commercialize UW software capable of measuring hands-on surgical skills. Simulab plans to target surgical residency programs and large hospitals for the skill-evaluating simulators, and projects the creation of 20 jobs during the next five years. UW will receive $100,000 in Phase I research and technology development funding from Washington Technology Center and $20,000 from Simulab for the project. More
About the Research & Technology Development (RTD) Grant Program
Washington Technology Center competitively awards around $1 million in state funding annually through the Research & Technology Development Grant Program for technology projects that show strong potential for commercializing products and creating jobs in Washington. Each project team is comprised of a Washington company partner and a researcher from a university or research nonprofit in the state. The company defines the research challenge and provides access to the commercial market. The university or nonprofit researcher executes the research with funding from both Washington Technology Center and the company partner. Since 1996, the RTD program has supported 335 research commercialization projects. Applications for the next funding round are due October 22, 2009. More information about the research and technology development program is available online at http://www.watechcenter.org/rtd.
About Washington Technology Center
Washington Technology Center is a statewide economic development organization focused on technology and innovation. We spark ideas, form connections between people and resources, and foster job growth to position Washington state as a national technology leader. As an organization, Washington Technology Center channels state, federal, and private resources to help companies develop and commercialize new products and technologies. Our 15,000-square-foot Microfabrication Laboratory provides companies and university researchers access to facilities and specialized equipment for micro-electromechanical systems (MEMS) research and product/process development. The impact of Washington Technology Center’s work has generated more than $600 million in additional investment for Washington companies and researchers. For more information how Washington Technology Center can help research and development projects succeed, visit www.watechcenter.org or call 206-685-1920.
### Labels: Company_and_Client_News, Data_Data, Funding, Healionics, Modumetal, Paine_Electronics, RTD, Simulab, WTC_News
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Carbon Nanoprobes establishes headquarters in Pennsylvania
Carbon Nanoprobes, a startup company developing high-resolution probes for atomic force microscopy, has established headquarters in Malvern, Pennsylvania. The company, which was based for two years in facilities at Washington Technology Center in Seattle, was drawn to Pennsylvania by state grants designed to grow technology companies. Related external links (will open a new window):Nanometers make big things happen for small business
Pottstown Mercury - Pottstown, Penn. - June 29, 2009
Carbon Nanoprobes may make it big in a tiny field
Philadelphia Business Journal - Philadelphia, PA - June 26, 2009
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Carbon Nanoprobes is a WTC client
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InnovaTek among 12 semifinalists in Clean Tech Open
InnovaTek, a Richland-based developer of patented technologies for sustainable power and environmental safety, is among 12 Pacific Northwest region semifinalists in the Clean Tech Open, a national competition and program that helps clean technology businesses. The semifinalists were chosen from a field of 56 initial competitors in the clean tech business plan competition. Companies are vying for three regional prizes of up to $50,000 in cash and services as well as one national prize of up to $250,000 in cash and services. Related external links (will open a new window):Clean Tech Open
Clean Tech Open rewards 12 startups from the Northwest
TechFlash - Seattle - June 26, 2009
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InnovaTek is a WTC client
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Vaagen Brothers Lumber receives stimulus funding
Vaagen Brothers Lumber, an industry leader in lumber manufacturing based in Colville, Wash., will receive $250,000 in American Recovery and Reinvestment Act (ARRA) funding to purchase high-efficiency equipment to turn logging waste into fuel for energy production. "This funding is further proof that the American Recovery and Reinvestment Act is working every day to strengthen Washington state's economy and spur our energy innovation sector," said U.S. Rep. Jay Inslee (D-Wash.), a member of the House Energy and Commerce Committee. "These investments will cut our national carbon emissions and keep Washingtonians on the cutting-edge of the clean energy revolution in these green-collar jobs." Oregon Public Broadcasting reports that "a half dozen private sawmills around the Northwest are splitting about $17 million in federal economic stimulus grants. The new awards follow a wood-to-energy theme." Related external links (will open a new window):Wood-To-Energy Projects Get Stimulus Dollars
OPB News - Portland, Ore. - June 16, 2009
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Vaagen Brothers Lumber is a WTC client
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Impulse Accelerated Technologies announces successful medical imaging project with University of Washington
Impulse Accelerated Technologies, Inc., a Kirkland-based developer of software-to-hardware tools, announced the successful completion of a tomographic image reconstruction acceleration project at the University of Washington. According to a press release issued by the company, UW researchers "achieved 38 ms back-projection of a 512 x 512-pixel image from 512 projections. This represented a greater than 100X speedup over a software-only benchmark algorithm. This project, which was funded in part by a $100,000 Research and Technology Development grant from Washington Technology Center, was intended to determine the benefits and tradeoffs of using higher-level FPGA programming methods for medical imaging, radar and other applications requiring high throughput image reconstruction." Related external links (will open a new window):Researchers accelerate tomographic image reconstruction with FPGA programming
Vision Systems Design - Nashua,NH - June 22, 2009
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Impulse Accelerated Technologies is a WTC client
- end of post -Labels: Company_and_Client_News, Impulse_Accelerated, Life_Sciences, RTD
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Microvision receives $15 million equity investment
Microvision, a Redmond-based developer of light scanning technologies, announced that Taipei-based Walsin Lihwa Corporation, through its subsidiary Max Display Enterprises Limited, has agreed to an equity investment of approximately $15 million in Microvision. "We are pleased to welcome Walsin Lihwa as an investor to Microvision in addition to being a key enabling strategic supply chain partner in our go-to-market strategy," said Alexander Tokman, President and Chief Executive Officer of Microvision. "We look forward to continuing the strong working relationship we have developed with Walsin Lihwa over the years." Related external links (will open a new window):Microvision press release
June 22, 2009
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Microvision is a WTC client
Microvision lands supplier of green lasers for its pico projector
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Greenwood Technologies closes operations; liquidating assets on eBay
Greenwood Technologies, a renewable heating solutions company headquartered in Bellevue, Washington, has closed operations according to Michael Dulion, company president. Dulion stated, "Despite having an excellent product, the effects of the financial freeze made it difficult for Greenwood, like many small companies, to weather the recession." Greenwood is liquidating its inventory of wood furnaces and boilers on eBay. Related external links (will open a new window):Greenwood eBay Store
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10/19/2008 - Greenwood Technologies secures $3 million in venture capital
Greenwood Technologies is a WTC client
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EnerG2 raises $2.5 million in equity and options
EnerG2, a Seattle-based startup in the energy storage market, has raised $2.5 million in equity and options reports Xconomy. EnerG2's latest funding is on top of the fall 2008 $8.5 million financing round led by OVP Venture Partners of Kirkland and Firelake Capital Management of Palo Alto, California. EnerG2 uses University of Washington technology to create ultracapacitors which store and release more energy faster than conventional batteries. Related external links (will open a new window):EnerG2 Snaps Up $2.5M
Xconomy - Seattle - June 2, 2009
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Modumetal, UW Partnership Receives Funding for Anti-Corrosion Technology
Modumetal to develop an innovative commercial anti-corrosion technology in partnership with University of Washington's Department of Materials Science and Engineering. - more in full post - - continued below -
SEATTLE – May 20, 2009 – Washington Technology Center (WTC) has awarded an Entrepreneur's Access grant to the University of Washington to support an advanced material research collaboration with Modumetal, Inc. of Seattle, Washington.
Modumetal, Inc., a Seattle-based developer of nanostructured materials, is collaborating with the University of Washington's Department of Materials Science and Engineering on a project titled "Functionally-Graded Preceramic Polymer Coating for Corrosion Resistant Commercial Sulfuric Acid Pipelines."
"We are excited about this opportunity to partner with the exceptional researchers at the University of Washington to create this cutting-edge material for new commercial anti-corrosion application," says Leslie Warren, Modumetal's Project Manager and senior engineer in this effort. Christina Lomasney, the company's CEO confirms that "with support from partners like the WTC and University of Washington, Modumetal is poised to create a new technology that will have broad industrial application and will result in new jobs and economic growth in our region."
Sulfuric acid is a highly corrosive substance used extensively in industrial processes. Typical anti-corrosion coatings have a weakness – if breached, they leave the metal surface underneath the coating vulnerable to acid attack. Modumetal has a unique production method that eliminates this surface weakness by allowing anti-corrosion materials to be functionally combined with metal.
With this project, the team of Modumetal and UW Professor Rajendra Bordia, Ph.D., plans to modify a preceramic polymer system developed at the University to merge with a functionally graded materials system developed by Modumetal for corrosion protection of commercial sulfuric acid production pipelines for ConocoPhillips.
"This project combines the research that has been done at the University of Washington and at Modumetal to develop a novel solution for a significant problem in the area of corrosion," said Dr. Bordia. "The short term EA funding from WTC gives us a chance to initiate this joint development and prepares us for long term collaboration with Modumetal. The need for corrosion resistant coatings is widespread and the proposed solution that we will be exploring with Modumetal has the potential to impact a broad range of industries."
Modumetal expects that successful application of this technology will lead to many opportunities in the $300 million corrosion-prevention market.
The $5,000 award for this project comes from an Entrepreneur's Access grant from Washington Technology Center (WTC). WTC competitively awards around $1 million in state funding annually for research and technology development projects. State funding enables collaboration between companies and non-profit research institutions on technology projects that show strong potential for commercializing products and creating jobs. Since 1996, the state has funded 330 research and technology development projects.
"This grant is a great example of state government at its best," said Washington State Representative Jamie Pedersen (D-Seattle). "The seed money from WTC, combined with world-class research facilities at the University of Washington and the innovative entrepreneurs at Modumetal, will create jobs and help the state maintain its lead in technology."
More information about the research and technology development program is available online at http://www.watechcenter.org/rtd.
About Modumetal, Inc.
Modumetal (www.modumetal.com) was co-founded in 2006 in Seattle, WA to realize the commercial potential of a unique class of advanced materials. Modumetal is creating revolutionary nanolaminated and functionally-graded materials that will change design and manufacturing forever by dramatically improving the structural, corrosion and high temperature performance of coatings, bulk materials and parts. Modumetal represents a whole new way of producing parts and is leveraging nanotechnology to achieve this unprecedented performance. Modumetal is made by a "green" electrochemical manufacturing approach, which reduces the carbon footprint of conventional metals manufacturing at the same time that it redefines materials performance.
About Washington Technology Center
Washington Technology Center is a statewide economic development organization focused on technology and innovation. We spark ideas, form connections between people and resources, and foster job growth to position Washington state as a national technology leader. As an organization, Washington Technology Center channels state, federal, and private resources to help companies develop and commercialize new products and technologies. Our 15,000-square-foot Microfabrication Laboratory provides companies and university researchers access to facilities and specialized equipment for micro-electromechanical systems (MEMS) research and product/process development. The impact of Washington Technology Center's work has generated more than $600 million in additional investment for Washington companies and researchers. For more information how Washington Technology Center can help research and development projects succeed, visit www.watechcenter.org or call 206-685-1920.
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- end of post -Labels: Company_and_Client_News, Defense_and_Security, Funding, MEMS_and_Nanotechnology, Modumetal, RTD, Seattle, UW, WTC_News
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IsoRay receives approval to market cancer therapy in Canada
IsoRay, Inc., a Richland-based developer of therapies for prostate and other cancers, has announced that Health Canada’s Therapeutic Products Directorate has approved IsoRay's Proxcelan Cs-131 brachytherapy seeds for sale throughout Canada. In a press release, IsoRay CEO Dwight Babcock stated, “This completes another step in being able to expand the potential distribution of cesium-131 brachytherapy seeds. We initially plan to leverage the relationships of our exclusive U.S. distributor, BrachySciences, and contacts we have made with Canadian physicians who are interested in using cesium-131 to treat their patients. Through these channels we hope to begin to penetrate the Canadian brachytherapy market.” Related external links (will open a new window):Read the IsoRay press release
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IsoRay is a WTC client
IsoRay signs distribution agreement for prostate brachytherapy product
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Insitu unmanned aerial vehicles watched pirates
 Insitu, a Boeing subsidiary which makes unmanned aerial vehicles in Bingen, Washington, supplied the drone that assisted the Navy's USS Bainbridge in its rescue of an American captain captured by Somali pirates. Insitu's ScanEagle weighs 40 pounds, has a 10-foot wingspan, can fly 20 hours, and transmits day and night surveillance video. In other news, the Canadian Department of National Defence recently awarded Insitu a $30 million one-year contract to continue providing unmanned aerial vehicle services to its military. Related external links (will open a new window):Insitu assists in American hostage rescue
The Enterprise - White Salmon - April 22, 2009
Off Beat: Locally made unmanned aircraft kept electronic eye on pirate drama
Columbian.com - Vancouver, WA - April 20, 2009
Drone built by Boeing subsidiary watches pirates
Seattle Times - WA - April 13, 2009
New contract for small unmanned aerial vehicles (SUAV) will boost economy
Government of Canada - April 6, 2009
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Insitu is a WTC client
Insitu awarded $20.9 M defense contract for unmanned air systems
- end of post -Labels: Aerospace, Company_and_Client_News, Defense_and_Security, Insitu
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VentriPoint raises $1 million in debenture financing
VentriPoint Diagnostics Ltd., a Seattle-based provider of diagnostic tools to monitor patients with heart disease, announced it raised total proceeds of $1,052,317 in debenture financing. Health Canada has granted licensed approval for VentriPoint's diagnostic tool which is based upon technology received by VentriPoint through its exclusive technology license with the University of Washington. The diagnostic tool, together with its associated online service, is being developed for a variety of heart related diseases, including congenital heart disease and pulmonary hypertension. Related external links (will open a new window):Read more in the VentriPoint press release
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VentriPoint is a WTC client
- end of post -Labels: Company_and_Client_News, Life_Sciences, RTD, UW, VentriPoint
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3TIER opens offices in Germany, Australia and India
3TIER, a Seattle-based provider of renewable energy assessment and power forecasting services, announced the expansion of its global operations with new offices in Germany, Australia and India. "These offices provide a 'local' presence for financiers, developers, operators or governments who need 3TIER's expertise in wind, solar and hydro assessment and forecasting," said Pascal Storck, Ph.D, president of global operations at 3TIER. Storck says the offices will help them develop partnerships in the rapidly growing markets of Europe, the Pacific Rim and India. Related external links (will open a new window):Read more in the 3TIER press release [PDF]
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3TIER is a WTC client
3TIER launches global wind prospecting tool
3TIER receives $10M in venture funding
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Healionics ships its first product, glaucoma treatment for dogs
Healionics Corporation, a start-up biomaterials company in Redmond, announced the sale and shipment of the first commercial product featuring Healionics' STAR® biomaterial. A company press release says the product, TR-ClarifEYE™, an innovative veterinary glaucoma implant marketed by TR BioSurgical, LLC (TRBIO), is scheduled for limited market launch in April 2009. "We are very excited to announce the first commercial shipment of STAR, which is a significant milestone for Healionics and represents the Company’s first revenue from product sales," said Healionics CEO Michel Alvarez. In related news, Alvarez replaces Rob Brown as CEO in a management change. Related external links (will open a new window):Read more in the Healionics press release
Read more in Xconomy
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Healionics is a WTC client
Healionics raises $2.6 million
Healionics announces first commercial product for biomaterial
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