The development of components has raised interest in the electronics industry because the expanding need for transparent electrodes for optoelectronic device applications is jeopardizing the availability of indium-tin-oxide (ITO), the main constituent of which, indium, is both scarce and very expensive. In addition, the development of flexible, low energy and environmentally friendly materials and electronics sets new requirements for films and components.
Canatu will enter the market in 2011 and will first target the couple of hundred million euro market segment for E-paper and touch sensors enabling flexible conductive films in the multi-billion ITO replacement market. Canatu’s products can be used to replace ITO layers in applications such as LCD displays, organic LED (OLED) displays, E-paper, lights and solar cells, which all represent triple digit market growth for future years.
Founded in 2004, Canatu is a spin-off from the Helsinki University of Technology. Canatu’s strong IPR portfolio includes 45 patents pending covering the entire value chain from synthesis to products.