RUSNANO-affiliated Plastic Logic to Test its Thin Reader During a Pilot Project for Electronic Applications
Aug 23, 2011
The light weighted and extremely thin reader produced by RUSNANO-affiliated Plastic Logic was demonstrated to Vladimir Putin by RUSNANO CEO Anatoly Chubays. The technology for plastic electronics on thin and flexible plastic substrates was developed at Cambridge University's renowned Cavendish Laboratory in the 1990s. In 2000, Plastic Logic was born out of Cavendish Laboratory to develop a broad range of products using the plastic electronics technology. RUSNANO invested $700 million in Plastic Logic which is one of the global leaders in the emerging field of plastic electronics.
The investment project includes building the world's largest volume production factory for Plastic Logic's next-generation plastic displays in Zelenograd, and aims to establish a commercial plastic electronics industry in Russia. The new device does not contain glass and is safer then common LED analogs. Soon 1000 readers will be tested in Russian schools during a pilot project which may lead to their certification by the Russian Ministry of Education as a possible substitute for textbooks.
RUSNANO was founded in March 2011 as an open joint stock company through reorganization of state corporation Russian Corporation of Nanotechnologies. RUSNANO's mission is to develop the Russian nanotechnology industry through co-investment in nanotechnology projects with substantial economic potential or social benefit. The Government of the Russian Federation owns 100 percent of the shares in RUSNANO.
Work to establish nanotechnology infrastructure and training for nanotechnology specialists, formerly conducted by the Russian Corporation of Nanotechnologies, has been entrusted to the Fund for Infrastructure and Educational Programs, a non-commercial fund also established through reorganization of the Russian Corporation of Nanotechnologies.
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