Nano Labs Corp. and CIVIK of Mexico have formed a strategic alliance and joint venture for the manufacturing and distribution of LED technology. More and more companies are partnering to create networks that compete against each other with relatively stable relations between suppliers inside the network.
Both companies have signed a Non-Disclosure Agreement (NDA), which will allow CIVIK to see and test two of Nano Labs' nanotechnologies, the nano insulate coatings and nano diamond applications, on CIVIK's proprietary LED light system. These two tests enhance the life and efficiency of the LED light.
NC2012, Nano Labs' nano insulate coating may allow the LED light to dissipate heat created in the LED housing thereby increasing the efficiency and life of the LED light, projected at over 55,000 hours. The nanotechnology application applies the nano diamond coating on the LED light glass face, thereby benefiting the system by making the light brighter and protecting it against environmental damage.
Speaking about this partnership, Bernardo Chavarria, president of Nano Labs, said in a statement, "We are very excited to continue our work together with CIVIK. We believe the CIVIK LED system combined with our nanotechnology can produce an extremely competitive product in the commercial and government lighting marketplace. Our preliminary studies indicate a potential cost savings of 70 percent when compared to lights being sold by major competitors. Further to this - and more important - our studies indicate that the new LED light system could potentially increase energy saving up to 78 percent to the end user. The new LED lighting system will be smaller, emits the same light as the current lighting systems used by municipalities and shopping malls, but require much less energy and maintenance. This would represent a double win for municipalities which could then recover the cost of implementation through the energy cost savings."
Chavarria concludes, "We are working quickly to complete the testing and make the necessary arrangements to commercialize the products should we be awarded these first orders."
Edited by Rachel Ramsey