Universal Display Corp. has signed a three-year agreement with Plextronics Inc. to expand their development of next-generation solution-processible OLED material systems for displays and lighting applications. The OLED supplier invested $4 million in Plextronics to accelerate the development and commercialization of solution-based OLED material systems that incorporate Plextronics’ hole injection layer (HIL) and hole transport materials with its phosphorescent OLED emissive layer materials. “Plextronics has worked closely with Universal Display...

Novaled AG, a company dedicated to energy saving and long living OLEDs (Organic Light Emitting Diodes), and Plextronics, Inc., an international company that specializes in conductive organic inks for printed lighting, solar and other electronics, recently announced that they have agreed to jointly develop doped and solution processed organic materials for OLED applications.

Plextronics, Inc., a U.S.-based technology company focused on OLED and organic solar technology, announced last week that it has completed a $14 million Series B-1 financing round to commercialize its technology in the LED lighting and solar markets.