Strategic Polymer Sciences Receives $1M from the U.S. Department of Energy
Published On September 30, 2010 |
Strategic Polymer Sciences, Inc., a State College, PA-based developer of new electro-active polymer (EAP) materials and device technologies that are used in medical devices, energy storage, and military applications, received a $1m award from the U.S. Department of Energy.
The funds, awarded within the framework of the Small Business Phase III Xlerator program, will be used to advance the development of the company’s High Performance Energy Storage DC Bus film capacitors using proprietary high temperature EAP compositions.
Due to compact size and competitive cost, the capacitors can be used in power inverters for wind turbine generators, grid-tied photovoltaics, and smart grids. Other commercial applications include pulsed power capacitors for medical cardiovascular defibrillators such as implantable and external automatic defibrillators, and capacitor banks for proton radiation systems that treat cancer.
Strategic Polymer Sciences was founded in 2006 by Ralph Russo, a Silicon Valley executive and investor, and Dr. Qiming Zhang, an internationally recognized polymer scientist from Penn State University.