Merck invests fifteen million in TU/e spin-off

The German multinational Merck is investing 15 million euros in the development of ‘smart windows’: windows that are able to dim daylight and reduce the energy costs of buildings. The technology for this comes from the TU/e spin-off Peer+, acquired two years ago by the chemical giant.

Merck will use the investment to build a production facility for building the smart windows. The German chemical company will announce the location of the site within a few weeks. Production is expected to begin at the beginning of 2017.

Several pilot projects have been started up for this technology, such as the [ur;=3]Merck Innovation Center[/url] in Darmstadt, part of which already has ‘smart windows’, and the company’s new production plant for OLEDs that will also have ‘smart windows’.

Source: TU/e Cursor (Here link original article)
Editor: Peter Marijnissen

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