Arrowhead Research Corporation announced that its majority-owned subsidiary, Unidym, Inc., a developer of carbon nanotube electronics, has established a 7,000 sq. ft. office and lab facility in Menlo Park, California in the heart of Silicon Valley.

"This move puts Unidym in close proximity to many of its potential customers and collaborators," said R. Bruce Stewart, Arrowhead's Chairman. "The Silicon Valley is a global center of the electronics industry and Unidym can draw from the local talent pool of expertise and experience in the development and commercialization of cutting edge electronics applications."

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Unidym's initial product is a thin, transparent film of carbon nanotubes designed to replace the expensive, failure-prone materials currently employed by manufacturers of devices such as touch screens, flat panel displays, and solid state lighting. Unidym's technology is also useful for the production of novel carbon nanotube-based transistors and conductive inks for the printable electronics industry which could enable the replacement of today's complex and capital intensive semiconductor manufacturing processes with inexpensive, solution-based printing processes. Unidym differentiates itself through its emphasis on low-cost materials and processes, in-house carbon nanotube production, aggressive partnership strategy, and a significant intellectual property portfolio that includes foundational IP in both transparent electrodes and thin film transistors.

Arrowhead owns an 88 percent stake in Unidym.

Source: Businesswire.com