ASCA purchases IP portfolio relating to OPV
February 3, 2022
ASCA, an ARMOR Group company involved in organic photovoltaics (OPV), has purchased the most relevant device- and module-related intellectual property (IP) portfolio regarding printed OPV.
At the end of 2021, ASCA took patents on OPV production and technology from the Darmstadt, Germany-based chemical company Merck KGaA. With this purchase, ASCA said it has become the largest portfolio owner with regard to printed OPV worldwide through tripling its number of patents.
“This takeover is in line with our strategy and reinforces our leading position in the OPV world. As owner of the world´s most important IP portfolio for printed OPV, we are well positioned for the future. As the OPV market becomes more and more mature and relevant it was clear for us that we want to strengthen ASCA’s position also on the IP side. This will allow us to grow the market further without dependency on third parties”, ASCA´s CEO Dr. Ralph Paetzold explained.
Through licensing agreements with other actors of the OPV industry, ASCA wants to reduce the barriers and support the growth of the OPV market. “We are committed to developing the OPV market as a competitive market. It was our clear goal that the acquisition of the IP portfolio should not constrain OPV market access for other players in this field. The IP portfolio will be open for licensing in order to tear down market adoption barriers.”, Dr. Sebastian Meier, Vice President of Corporate Development and Partner Management at ASCA, said.
The ASCA film offers the potential for energy-harvesting on all kind of surfaces thanks to an innovative manufacturing process and highly customisable solar solutions. This has been demonstrated, for example, on the panelled roof of the Netherlands pavilion during the Expo 2020 in Dubai, on the first glass balustrades with integrated solar films at condominiums in Stuttgart (Germany) and with a solar tree in Löchgau (Germany) producing electricity for e-bike charging stations, all projects being finalised in 2021.
Categories : Around the Industry
Tags : ARMOR Group ASCA IP Portfolio Purchase
