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Third Frontier grant to help Beavercreek company expand

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Staff Report 11:07 AM Tuesday, July 20, 2010

DAYTON — The Wright Brothers Institute said it helped a small Beavercreek company obtain a $791,000 state grant to commercialize a process for coating microscopic nanomaterials with metal so they can better conduct electricity.

Materials Research Institute LLC said it expects the project to help the company grow from the current three employees to at least 15 within two years and to between 50-80 employees in five years. Those will include engineers and production technicians, the company said.

Ohio’s Third Frontier program provided the grant through the advanced materials program, intended to help technology companies get new products or processes into commercial markets to create new jobs within the state.

Materials Research Institute used Air Force funding for small-business research to develop the process that can improve performance of solar energy cells and lithium ion batteries. Metallized nanomaterials offer a more inexpensive way to improve electrical conducting capabilities for batteries and solar energy cells, officials said.

Wright Brothers Institute is a nonprofit, based in Dayton, that was formed to help the Air Force Research Laboratory speed up technology development by supporting collaborations between government, industry and academic researchers.

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