Advanced Technology: Natcore Receives U.S. Patent
May 11, 2010 (FinancialWire) — Natcore Technology Inc. (TSX Venture: NXT) (OTC: NTCXF) said that the U.S. Patent Office has awarded the firm a patent to for its proprietary Liquid Phase Deposition process for growing films on silicon.
Natcore said that its LPD process makes it possible to grow a range of inorganic materials such as silicon dioxide-based films using a room-temperature, environmentally friendly chemical bath, thereby eliminating the need for harsh and expensive chemical vapor deposition methods currently used in industry.
The silicon dioxide films are elements of semiconductors, fiber-optic components and solar cells, among other uses.
Natcore said that its LPD process is expected to significantly lower manufacturing and environmental costs in many of these applications. It added that the LPD process will also allow for the development of advanced materials and devices that would otherwise be destroyed during the high-temperature CVD process currently being used by industry.
Natcore said that the basic patent has been assigned the number 7,718,550 and will be issued on May 18. Natcore said that its LPD process had already been granted patent protection in Russia, and is currently in application in other major jurisdictions throughout the world.
Brien Lundin, Natcore's chairman, said that, "This technology holds tremendous promise not only for solar energy production, but also opens up new frontiers in semiconductors, optoelectronics, ophthalmology, environmental remediation and countless other exciting areas. It has always been our plan to explore and exploit these potential applications in due course."
As a result of its acquisition of NewCyte Technology in December 2009, Natcore holds three other U.S. patents — one relating to film growth on fullerenes, a second concerning the creation of interfaces between nanoparticles and biological molecules or systems, and a third that has to do with the uses of silica-coated carbon nanotubes.
The company said that is progressing toward a definitive joint venture agreement to create and fund Natcore China.
New Jersey-based Natcore said that its research programs at Ohio State University and Rice University continue to advance its LPD technology and tandem solar cell research.
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