Light Polymers and Cree Inc. Sign Patent License Agreement
August 17, 2017
Light Polymers has made a patent license-agreement with Cree, a leading innovator of lighting-class LEDs, LED Lighting and power semiconductor solutions. Cree has granted a royalty-bearing, non-exclusive patent license to certain Cree patents for certain LED luminaires. This agreement will allow Light Polymers to apply their proprietary nanochemistry to affordably manufacture luminaires with special photonic films that advance the development of the LED lighting market by enhancing the efficiency and effectiveness of LED lighting products.
“This patent licensing agreement with Cree is a big step in helping Light Polymers deliver the next generation of LED optics that enable more comfortable, safer and higher quality, well distributed lighting for homes and businesses,” said Marc McConnaughey, CEO at Light Polymers.
Light Polymers recently introduced its Crystallin® Downlight product line using lyotropic materials that deliver a CRI (Color Rendering Index) as high as 98. Light Polymers’ proprietary lyotropic materials can make a significant impact on the global lighting industry by improving LED optics and paving the way for well-distributed lighting with much higher CRI and at affordable prices.
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