Mordovia center invests in Finnish technology, ready to create ?brand new source of light?

The Mordovia Nanotech Center in Saransk has plans to invest in an international start-up and lay the foundation for new lighting RandD and production in the region

The Mordovia Nanotech Center in Saransk announced last week that it has plans to invest in an international start-up and lay the foundation for new lighting R&D and production in the region. The Center has inked an agreement with Finland?s Flexbright aimed at establishing joint R&D and eventually by 2015 setting up shop, making ?brand new sources of light.? To accomplish the task, the partners will tap into the HYLED technology of hybrid light-emitting diodes. The Flexbright technology enables the placement of LEDs on a flexible transparent polymer substrate, using a stencil-roller technique. This is believed to help reduce the cost of production by 30%. In addition to a more competitive price, the new LED-based lighting sources could have many more applications. The Finnish start-up is developing the new production method to primarily meet the needs of outdoor advertisers and manufacturers of a variety of illumination systems. Such new sources of light are believed to give special advantages when applied in unorthodox architectural solutions...