is a leading supplier of nanocrystal additives for the electronics, industrial and military markets. More than a decade of research and development went into the formation of this company.
Its applications include improving the performance of semiconductors, enhancing the brightness of flat-panel displays and creating corrosion-resistant coatings for metal surfaces.
It recently hired Vice President of Manufacturing and Operations Daniel Russell, who is responsible for managing the manufacturing and engineering team and scaling up nanocrystal production. It also hired Shree Deshpande as vice president of business development and Stephen Evans as controller.
Earlier this year it teamed up with Brewer Science Inc. to develop its first commercial product, which improves functionality in the semiconductor industry.
Pixelligent has received more than $11 million in grants from the National Institute of Standards and Technology and nearly $9 million in private investment. In the past 18 months, it has increased the production of its nanoadditives by nearly 1,000 times and plans to grow its manufacturing capacity.
Last year, it moved to a new manufacturing facility
in Baltimore's Holabird Business Park. It anticipates hiring 150 over the next few years.