UTD Spinoffs
The OTC and the Institute of Innovation and Entrepreneurship at UTD (IIE) have combined their efforts to implement a new paradigm under which the university will operate its technology commercialization program, foster an atmosphere of innovation and entrepreneurship, and facilitate the launch of new enterprises. Enterprises associated with the university are highlighted below.
MicroTransponder, Inc. is a start-up medical device company that is commercializing nerve stimulation technology for the treatment of chronic pain and several other neurological indications. The company has completed its first round of fundraising, passing rigorous benchmarks at the federal, state, and venture capital level, and received widespread coverage in the media. The company is currently finishing R&D
and accumulating data toward FDA clearance. It is also beginning to establish strategic partnerships for the production, sale, and further development of its portfolio.
MicroTransponder was formed to commercialize technology resulting from a research collaboration between UTD researcher Dr. Lawrence Cauller and Zyvex researcher Erik Nilsen, and licensed to the company.
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Solarno, Inc. was founded in October 2005 by UTD researchers to commercialize and expand UTD's nanotechnology for solar energy applications, and the company has secured several UTD licenses. Solarno's novel solar cells are able to harness the power of the full solar spectrum, in contrast to existing technology, and offer weight, cost, and efficiency benefits.
Company founders include Dr. John Ferraris, head of UTD's Chemistry Department, and Dr Anvar Zakhidov, a UTD Physics professor, and deputy director of the school's Nanotech Institute.
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Updated: November 18, 2008