Ynvisible and PragmatIC partner to deliver flexible display modules
2 million US dollar agreement targets interactive electronic solutions for the Internet of Things
Ynvisible Interactive Inc. (TSX-V: YNV, FSE: 1XNA, OTCQB: YNVYF), a fast-growing firm in the Internet of Things (IoT) market, and Pragmatic Semiconductor, a world leader in flexible electronics, have entered into a non-binding Technology Partnership and Supply Agreement, for a period of 3 years for services and deliverables of up to 2 million U.S. dollars, focused on fully integrated flexible display modules.
Many applications in growing markets such as smart packaging and healthcare require a display, for example to provide assurance that the item was transported correctly, or to guarantee authenticity, or simply to provide a read-out of critical data. Traditional displays are inherently expensive, rigid and relatively bulky, which means that they are not suitable for packaging or printed media, or for embedding into mass market devices. Ynvisible’s printed electrochromic technology is ideal for these applications, enabling sustainable ultra-low-power displays in novel thin and flexible form factors.
But the display itself is only part of the puzzle – a driver circuit is also required to determine the behaviour of the display. Until now, this has required a separate silicon integrated circuit (or chip), which is not only cumbersome and expensive but also detracts from the form factor benefits of a thin and flexible display. Now, Ynvisible will employ a thin and flexible integrated circuit (FlexIC) from PragmatIC Semiconductor, embedded within the printed display to deliver a complete module.
The two companies also see strong synergies in their vision of enabling innovators to create optimised custom designs in a fraction of the time and cost required using traditional electronics. Under the recently signed agreement, PragmatIC will develop and supply a range of FlexICs that Ynvisible will integrate into both standard and customer-bespoke display modules.
“By integrating flexible integrated circuits we can now dramatically enhance the interactive solutions we offer our customers,” said Michael Robinson, CEO of Ynvisible. “We look forward to working with PragmatIC to deliver a range of flexible display modules for the Internet of Things.”
“Ynvisible’s electrochromic display technology is a great match for our thin, flexible chips,” said Scott White, CEO of PragmatIC Semiconductor. “Alongside our FlexIC Foundry, this accelerates our vision of opening up exciting new opportunities beyond RFID, such as smart medical devices and visually interactive packaging.”
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Ynvisible is a leading company in the emerging printed and flexible electronics sector. Given the cost and power-consumption advantages over conventional electronics, printed electronics are a key enabler of mass adoption of the Internet of Things (“IoT”) and smart objects. Ynvisible has the experience, know-how and intellectual property in electrochromic materials, inks, and systems. Ynvisible’s interactive printed graphics solutions solve the need for ultra-low power, mass deployable, & easy-to-use electronic displays and indicators for everyday smart objects, IoT devices, and ambient intelligence (intelligent surfaces). Ynvisible offers a mix of services, materials and technology to brand owners developing smart objects and IoT products.
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About Pragmatic Semiconductor
Pragmatic Semiconductor is a leader in semiconductor innovation, creating ultra low cost, ultra thin, flexible integrated circuits (‘electronic chips’).
Pragmatic’s chip is produced without silicon, using thin-film semiconductors to create flexible integrated circuits that are thinner than a human hair, and are significantly cheaper and faster to produce than silicon chips. This provides a compelling alternative for many mainstream electronics applications, as well as enabling new applications not possible with silicon.
Pragmatic’s chips can be embedded into almost anything, bringing connectivity and intelligence to everyday objects. Example applications include radio frequency identification (RFID) and near field communications (NFC) giving objects unique digital identities as well as enabling objects to interact with their environment. This has benefits across the entire product lifecycle, including inventory reduction, traceability, counterfeit detection, proof of provenance, and customer interaction. Pragmatic’s technology can also be used to help reduce food waste, improve the return and recycling of singleuse packaging, and enable item-level traceability within a universal system for recapture, sorting, cleaning, and return.
Our foundry service uniquely allows agile hardware design, exponentially accelerating solution development and time-to-market. Examples include proprietary RFID protocols, time/temperature indicators, fingerprint sensors, wearable smart patches for healthcare, flexible display drivers, and novel microprocessor architectures.
We also offer a Fab-as-a-Service model that enables secure, dependable, localised semiconductor supply through manufacturing directly on a customer’s site. This highly scalable distributed production allows cost effective, high-volume fabrication of flexible integrated circuits.
Pragmatic is headquartered in Cambridge, UK, with our first fab operating in Sedgefield, and a second fab under construction at our new 15-acre Pragmatic Park site in Durham.
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