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Y-Carbon gets research funding

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CIOL Bureau
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LONDON, UK: Y-Carbon Incorporated, a nanomaterials company working on nanoporous carbon and based in King of Prussia, Pasadena, California, the United States, has been awarded research funding from the United States National Science Foundation and the United States Department of Defence, under the SBIR grant programme.

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The company – which was founded in 2004 – did not reveal the size of the grant, but said that the grant would be used to develop advanced supercapacitors.

Supercapacitors, which are rechargeable devices that store electrical energy, can be more powerful and can discharge energy faster than conventional batteries.

In a statement, Ranjan Dash, chief technology officer of Y-Carbon, said that carbon materials enable improved storage of energy, making supercapacitors suitable for use especially in hybrid electric vehicles as well as consumer and mobile devices.

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He said that the company’s strength is expected to enhance to a great extent through adopting the supercapacitor, which could revolutionize the energy sector.

The proprietary tunable nanoporous carbon technology of Y-Carbon has been licensed from Drexel University, located in Philadelphia, the United States.

The new technology has application in an array of areas, including supercapacitors, storage of gas, desalination of water, and in medical sorbents.

Meanwhile, Y-Carbon announced that James Horan has joined it as its CEO. James Horan, the company said, has over 15 years of executive experience in managing science and technology companies. Till recently, Horan was the chief operating officer for the Pennsylvania Biotechnology Center and its affiliated firms.

According to Yury Gogotsi, co-founder and chief science Officer of Y-Carbon and Professor of Materials Science and Engineering at Drexel University, Y-Carbon achieved tremendous growth in 2008.

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