McLaurin T.,Design Center
IEEE Design and Test | Year: 2013
Experiments with both path delay and transition delay patterns are discussed for multiple devices. The next microprocessor core evaluated was much larger and higher performance. This device contained approximately 72 000 flip-flops, targeted a frequency of 1 GHz and was manufactured in 90 nm technology. A slack histogram was created for the top 10 000 paths in this device. Power must also be considered during frequency testing. The power measurement tools showed the transition delay pattern to have a much higher IR drop than the maxpower functional pattern. The power simulation tools indicated that the IR drop would match functional IR drop if two partitions were tested simultaneously. The characterization data indicated that the theory about transition delay patterns being sufficient to test frequency in this high-performance device was correct.
Abstract: PEN Inc. (OTCQB: PENC) (OTCQB: PENCD) ("PEN" or "the Company"), a global leader in developing, commercializing and marketing enhanced performance products enabled by nanotechnology, today announced a 1-for-180 reverse split of its issued and outstanding shares of common stock. Trading will begin on a post-split basis at the opening of the OTCQB marketplace on January 26, 2016. The Company's common stock will trade under the symbol "PENCD," with a "D" added for 20 trading days to signify that the reverse stock split has occurred. The new CUSIP number for the common stock following the reverse stock split is 706582 202. The reverse stock split will reduce the total number of shares outstanding from approximately 543 million to approximately 3 million. Concurrent with the reverse stock split, the authorized shares of common stock will be reduced from 1.8 billion to 10 million. No fractional shares will be issued. If, as a result of the reverse stock split, a registered or beneficial stockholder would otherwise become entitled to receive a fractional share of common stock, the Company will round up to one whole share of common stock. "We believe effecting a reverse split of our common stock serves the long-term interest of our shareholders, allowing us to attract interest from a broader range of investors and potential business partners. It also is an initial step to trading on the OTCQX," said Dr. Scott Rickert, PEN's Chairman and CEO. Additional information about the reverse stock split can be found in the Company's definitive information statement filed with the Securities and Exchange Commission on December 29, 2015, a copy of which is available at www.sec.gov or at www.penc.us under Investor Relations & News section of the website. About PEN Inc. PEN Inc. (OTCQB: PENC) is a global leader in developing, commercializing, and marketing enhanced performance products enabled by nanotechnology that solve everyday problems for customers in the optical, transportation, military, sports, and safety industries. Through its wholly-owned subsidiary Nanofilm Ltd., the Company develops, manufactures and sells products based on nanotechnology including its Ultra Clarity® brand eyeglass cleaner and Defog It brand defogging products. The Company also sells its environmentally friendly HALO brand surface protector, fortifier, and cleaner through its wholly-owned subsidiary, PEN Technology, LLC. The Company's Applied Nanotech, Inc. subsidiary in Austin, Texas functions as the Design Center conducting research and development services for government and private customers and new product development for PEN focusing on innovative and advanced product solutions in the areas of safety, health, and sustainability. For more information about PEN, visit www.penc.us. Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties concerning our business, products, and financial results. Actual results may differ materially from the results predicted. More information about potential risk factors that could affect our business, products, and financial results are included in our annual report on Form 10-K for the fiscal year ended December 31, 2014, and in reports subsequently filed by us with the Securities and Exchange Commission ("SEC"). All documents are available through the SEC's Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov or from our website listed above. We hereby disclaim any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances. For more information, please click If you have a comment, please us. Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
News Article | January 18, 2016
At the Kia Motors Press Conference at CES 2016, another sneak peak at what we would later know as the Kia Telluride was thrown onto the screen. The smooth lines and tall stature of the vehicle had everyone wondering what it would be. Electric? Plug-in hybrid? Fully autonomous? We didn’t have to wait long, as one short week later, Kia pulled the covers off at the North America International Auto Show and revealed it as the Kia Telluride Concept, and the good news is that it is not just the oversized gas-powered SUV that it looks like. The teaser image had me thinking it was a large SUV. Just another big gasmobile to clutter up highways and lock more drivers into vehicles with terrible mileage, and I was beyond excited when details of the car were shared at the North America International Auto Show (and in corresponding press release), revealing that the concept was, in fact, a plug-in hybrid. Similar to the recently announced Chrysler Pacifica PHEV, the Kia Telluride Concept is a welcome theoretical entry into the large SUV market that is in need of some EV/PHEV love. While the Kia Telluride is only a concept, it is one more indicator of where Kia leadership sees the brand headed, and Kia has a history of taking concepts from prototype to production quickly, depending on how they are received, so there’s hope for the Telluride. “The Kia Telluride makes an aesthetic statement for the Kia brand as a bold, all-new luxury SUV with an abundance of advanced technology, focusing particular attention on the experience and comfort of second-row occupants,” said Tom Kearns, chief designer, Kia Design Center America. “Longer, wider and taller than the recently redesigned Sorento CUV, Telluride allows us to envision what a full-size seven-passenger SUV from Kia could look like.” The Telluride features front and rear doors that open in opposing directions, allowing the cabin to be opened much wider than conventional SUV doors. This makes getting in and out of the SUV much easier and adds a bit of glamour to an otherwise typical SUV. Opening up the manual of the Telluride reveals a dense array of technology packed into the cabin, starting with the seats. All four seats in the Telluride feature integrated “smart sensors” that capture health information that can then be displayed on the interior door panels. You may be asking what place health sensors have in a car, and Kia has the answer. Kia has developed a “Light Emitted Rejuvenation” system that emits passenger-specific LED light from an overhead panel specifically tailored to improve passengers’ energy levels and overcome jetlag. The health sensors may be destined to forever remain in concept mode, but it seems plausi ble that the customized LED lights could be used to help keep a driver awake on late-night drives. Switching to the user interface, the Telluride includes the new “Swipe Command” interface from Kia. This suite of sensors is integrated with the infotainment system, allowing rear seat passengers to scroll through and select media with a swipe of the hand, bringing Disney magic to life in the form of rear seat gesture recognition wizardry. The powertrain in the Telluride is a powerful plug-in hybrid electric vehicle powertrain built around a 201 kilowatt V6 gasoline engine paired with a 97 kilowatt electric motor for nearly 300 kilowatts of combined all-wheel-drive power that is expected to achieve 12.68 kilometers/liter of gasoline. Not a mind-blowing efficiency, but a decent rating for a large SUV like the Telluride. No details were shared on the all-electric-range (AER) of the Telluride or the size of the battery. Images by Kia Motors Get CleanTechnica’s 1st (completely free) electric car report → “Electric Cars: What Early Adopters & First Followers Want.” Come attend CleanTechnica’s 1st “Cleantech Revolution Tour” event → in Berlin, Germany, April 9–10. Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.
Miami is a city of many traits. Historically recognized for the sun, beach and tourists of South Beach, it has now become much more than that. With one of the most diverse populations in the country, Miami is the strategic capital of the Americas, binding Brazil and Spanish-speaking Latin America (LatAm) to the U.S. market. Miami is now the second most entrepreneurial city in the U.S., with the highest startup density in the country at 247.6 startups per 100,000 people, according to the Kauffman Index. Its privileged proximity to both New York and Silicon Valley will allow this emerging ecosystem to consolidate its position as an entrepreneurial hub with the arrival of accelerators and VC funds. Rather than trying to be the next Silicon Valley, Miami is following the lead of emerging tech hubs like Austin and Boulder, and is focusing on its strengths. Miami and tech have been having an on-again, off-again relationship since the 1990s, when it hosted some of the top media and financial firms from South America. One of the most iconic companies of that era was Patagon.com, a Miami transplant from Argentina that sold 85 percent to Santander for $585 million. It also served as a springboard to some of the pioneers in the Miami tech scene today, such as Juan Pablo Cappello, Constancio Larguia, Silvina Moschini and Peter Kellner, co-founder of Endeavor. A lot has changed since those days. A new Miami tech scene came about seven years ago when “some of today’s most relevant players started forming and getting together,” as The Miami Herald’s Nancy Dhalberg put it. Florida International University hosted its first Americas Venture Capital Conference (2010), Susan Amat co-founded The Launch Pad at University of Miami (2008) and soon after she started Venture Hive, Miami’s most iconic incubator. But is was in 2012 when, inspired by Dave McClure’s Geeks on a Plane stop in the city, The John S. and James L. Knight Foundation decided Miami had a great shot at becoming a startup capital. Since then, the foundation started accelerating and funding different local initiatives, bringing new players to the scene and becoming instrumental in Endeavor, Venture for America, LaunchCode, Emerge, IME, The Idea Center, The LAB and 500 Startups, among others, landing in the city. The most recent grantee is PowerMoves, an initiative to raise the number of venture-backed founders of color and minorities. This particular organization well-represents the foundation’s spirit. In the words of Matt Haggman, program director at the Knight Foundation, “Diversity is our differentiator; unlock talent and amplify capital.” Matt has become the city’s superman, getting involved in most activities within the current communities; he could easily run for mayor any day. Through his work, the foundation has committed more than $20 million in funding across 165 entrepreneurship initiatives in the Miami area during the last three years. Just as FIU’s VC conference stopped, Manny Medina started cooking his annual eMerge Americas conference, where folks such as Jim McKelvey, co-founder of Square, have inspired thousands of people. It was around that time when Miami’s reputation as the capital of South America got back into play as a differentiator and people started to believe a startup culture could be created by developing the community. Entrepreneurs Demian Bellumio and Ola Ahlvarsson have also found a way to connect tech with art, another one of Miami traits. For three years now they have been producing SIME — the European conference — in the city around Art Basel Week, merging art, technology and media. The opportunity has not only become obvious for entrepreneurs, but is also increasingly notorious for big companies that still make Miami their LatAm headquarters. Several companies are landing every week as Miami regains the title as a regional hub, and also as one of the most important platforms to serve the growing Hispanic power in the U.S. Companies such as Google, Twitter, Facebook, Uber, Lyft and Vice have moved to Miami, along with new investors hungry for this opportunity. “Miami is the perfect place to start or grow your business, specially if you are interested in an international venture,” said Laura González-Estéfani, Director of Partnerships & Mobile LatAm for Facebook based in Miami. González-Estéfani recognizes Miami as a hub for the Americas and Europe because the tech community is hungry for making new things happen. “There is talent, there is support from the institutions and private initiatives that are focused on boosting innovation, and there is an incremental interest from VCs and business angels for innovative projects.” There are currently 139 startups and companies on the Inc. 5000 list that are based in the Miami metro area, doing everything from media to tourism to health tech. Another great incentive for firms coming to the city has to do with Miami’s tax advantages where there are no local or state income taxes, and Florida’s corporate tax is 5.5 percent, one of the nation’s lowest. As made famous by Steve Jobs, the dots can usually be connected looking backwards, and Miami is no exception. The last few years have kept the local ecosystem busy with the starting of many initiatives. Angel investors got organized and created groups educating an increasing the number of local investors in tech, co-working spaces popped up in every district — such as the recently opened Building.co by the succesful .CO crew — and coding schools started taking over the city. Universities are now teaching entrepreneurship, VC funds are coming from outside the city and soon we’ll see accelerators arrive as Miami’s number of startups soars — up 46 percent — accounting for 1,600 companies (according to the Kauffman Foundation). AGP Miami, the largest local angel group, is proof of how rapid change is happening in the city; it has quadrupled the number of its members, up to 80 investors, in the past two years. The group has invested in 14 firms, for a total of $2.8 million, and is actively looking to increase that number with both companies from Miami and those attracted to the city. “Miami does not have a capital problem: We need family offices to trust new funds to leverage the power of Miami as a gateway. That is a tremendous opportunity,” said Nicolas Berardi, AGP Miami’s managing director. One of the newcomers is European accelerator Startupbootcamp. Looking to benefit from Miami’s top positioning as a healthcare and talent hub will bring 10 companies a year to Miami for the next three years, and support them with its six-month acceleration program. Christian Seale, Startupbootcamp Miami founder and managing director, believes Miami can become a global center for healthcare innovation. “Miami is the second largest healthcare hub in the U.S., with 8 hospitals, over 33,000 beds, three globally recognized research universities and a legacy of successful healthcare companies,” said Seale. Many of these dots — not to say all — have a strong debt to the Knight Foundation’s efforts. But bigger questions now arise on how to make this a sustainable ecosystem. Knight is still very much needed, but hopefully current players will get together in a joint effort to connect the dots and build a stronger and bigger community. As the city consolidates its place as one of the hottest entrepreneurial spots in the country, Miami has become a strategic market for one of the most valuable startups in the world, Magic Leap, and others, such as CareCloud, Open English and more. Altogether, these Miami royals have so far raised more than $763 million in venture capital, attracting talent and gaining attention from international investors. In less than two years, LaunchCode, the non-profit organization from St. Louis, Missouri that received $1.2 million funding from Knight in 2014 for its first expansion city, has teamed up with more than 120 companies to hire through The Idea Center tech apprentices who don’t necessarily have a traditional degree. As for Magic Leap, the virtual reality startup that raised $542 million in venture capital from Google and Qualcomm, among other tech giants, has chosen to relocate its headquarters to the Design Center of The Americas (DCOTA) in Dania Beach, Florida. “Magic Leap’s move to DCOTA is an investment in the future, ensuring that we have the very best creative environment and resources to support our rapidly growing team,” said Russell Burke, Chief Financial Officer at Magic Leap, in a press release. “It’s also a pretty big statement about where we think we will be in the months and years ahead.” Another example of Miami’s thriving startup ecosystem is Andres Moreno and Wilmer Sarmiento’s Open English. The company raised $120.25 million in venture capital, and took advantage of Miami’s strategic position to launch an online English-learning business that serves more than 400,000 students in Latin America and the Spanish-speaking community within the U.S. While Miami’s royals provide proof of success and business opportunities for startups and investors in South Florida, venture capital remains a weak link in the ecosystem. In 2014, the Miami metro area attracted $656.83 million of the $867.6 million in 36 venture capital deals that took place in Florida. These figures pale in comparison to venture capital investments drawn by the states of California, with $26,840.6 million (San Francisco accounted for $10,948 million) or New York, with $4,510.9 million, with 1,631 and 422 deals, respectively (according to data from CB Insights). Yes, it is still early, and there’s more to come. A lot of it is going to come from attracting talent from outside Miami, and, honestly, it doesn’t seem to be a hard task. Miami is a great launching pad if you are interested in selling to LatAm or tapping into the U.S. market, with a privileged positioning to cater to U.S. Hispanics. The quality of life is great, it’s strategically close to Europe, LatAm, New York and San Francisco, the infrastructure is starting to be in place and the ecosystem is growing fast. Institutional venture capital funds have yet to look at Miami with better eyes — but honestly, who would have expected for them to arrive before the opportunities? This is already changing. 500 Startups has done a program in Miami, investing up to $250,000 in eight companies, and Scout Ventures established an office in Miami and made two investments. Prominent angel investors Patrick McKenna and Mark Kingdon have moved to the area, and local funds are starting to emerge, such as Z9 actively looking for companies. The landing of Startupbootcamp’s accelerator is also encouraging, and will certainly pave the way for more accelerators to come. Whoever has tried surfing at any point in their lives know something very well: There is, indeed, a right time to catch a good wave. It is certainly not at its peak; rather, it takes a bit of paddling and vision to catch the best waves and enjoy the ride.
Engineers from MIT and Singapore University of Technology and Design (SUTD) are using light to print three-dimensional structures that “remember” their original shapes. Even after being stretched, twisted, and bent at extreme angles, the structures — from small coils and multimaterial flowers, to an inch-tall replica of the Eiffel tower — sprang back to their original forms within seconds of being heated to a certain temperature “sweet spot.” For some structures, the researchers were able to print micron-scale features as small as the diameter of a human hair — dimensions that are at least one-tenth as big as what others have been able to achieve with printable shape-memory materials. The team’s results were published earlier this month in the online journal Scientific Reports. Nicholas X. Fang, associate professor of mechanical engineering at MIT, says shape-memory polymers that can predictably morph in response to temperature can be useful for a number of applications, from soft actuators that turn solar panels toward the sun, to tiny drug capsules that open upon early signs of infection. “We ultimately want to use body temperature as a trigger,” Fang says. “If we can design these polymers properly, we may be able to form a drug delivery device that will only release medicine at the sign of a fever.” Fang’s coauthors include former MIT-SUTD research fellow Qi “Kevin” Ge, now an assistant professor at SUTD; former MIT research associate Howon Lee, now an assistant professor at Rutgers University; and others from SUTD and Georgia Institute of Technology. Ge says the process of 3-D printing shape-memory materials can also be thought of as 4-D printing, as the structures are designed to change over the fourth dimension — time. “Our method not only enables 4-D printing at the micron-scale, but also suggests recipes to print shape-memory polymers that can be stretched 10 times larger than those printed by commercial 3-D printers,” Ge says. “This will advance 4-D printing into a wide variety of practical applications, including biomedical devices, deployable aerospace structures, and shape-changing photovoltaic solar cells.” Fang and others have been exploring the use of soft, active materials as reliable, pliable tools. These new and emerging materials, which include shape-memory polymers, can stretch and deform dramatically in response to environmental stimuli such as heat, light, and electricity — properties that researchers have been investigating for use in biomedical devices, soft robotics, wearable sensors, and artificial muscles. Shape-memory polymers are particularly intriguing: These materials can switch between two states — a harder, low-temperature, amorphous state, and a soft, high-temperature, rubbery state. The bent and stretched shapes can be “frozen” at room temperature, and when heated the materials will “remember” and snap back to their original sturdy form. To fabricate shape-memory structures, some researchers have looked to 3-D printing, as the technology allows them to custom-design structures with relatively fine detail. However, using conventional 3-D printers, researchers have only been able to design structures with details no smaller than a few millimeters. Fang says this size restriction also limits how fast the material can recover its original shape. “The reality is that, if you’re able to make it to much smaller dimensions, these materials can actually respond very quickly, within seconds,” Fang says. “For example, a flower can release pollen in milliseconds. It can only do that because its actuation mechanisms are at the micron scale.” To print shape-memory structures with even finer details, Fang and his colleagues used a 3-D printing process they have pioneered, called microstereolithography, in which they use light from a projector to print patterns on successive layers of resin. The researchers first create a model of a structure using computer-aided design (CAD) software, then divide the model into hundreds of slices, each of which they send through the projector as a bitmap — an image file format that represents each layer as an arrangement of very fine pixels. The projector then shines light in the pattern of the bitmap, onto a liquid resin, or polymer solution, etching the pattern into the resin, which then solidifies. “We’re printing with light, layer by layer,” Fang says. “It’s almost like how dentists form replicas of teeth and fill cavities, except that we’re doing it with high-resolution lenses that come from the semiconductor industry, which give us intricate parts, with dimensions comparable to the diameter of a human hair.” The researchers then looked through the scientific literature to identify an ideal mix of polymers to create a shape-memory material on which to print their light patterns. They picked two polymers, one composed of long-chain polymers, or spaghetti-like strands, and the other resembling more of a stiff scaffold. When mixed together and cured, the material can be stretched and twisted dramatically without breaking. What’s more, the material can bounce back to its original printed form, within a specific temperature range — in this case, between 40 and 180 degrees Celsius (104 to 356 degrees Fahrenheit). The team printed a variety of structures, including coils, flowers, and the miniature Eiffel tower, whose full-size counterpart is known for its intricate steel and beam patterns. Fang found that the structures could be stretched to three times their original length without breaking. When they were exposed to heat within the range of 40 C to 180 C, they snapped back to their original shapes within seconds. “Because we’re using our own printers that offer much smaller pixel size, we’re seeing much faster response, on the order of seconds,” Fang says. “If we can push to even smaller dimensions, we may also be able to push their response time, to milliseconds.” “This is a very advanced 3-D printing method compared to traditional nozzle or ink-jet based printers,” says Shaochen Chen, professor of nano-engineering at the University of California at San Diego, who was not involved in the research. “The method’s main advantages are faster printing and better structural integrity.” To demonstrate a simple application for the shape-memory structures, Fang and his colleagues printed a small, rubbery, claw-like gripper. They attached a thin handle to the base of the gripper, then stretched the gripper’s claws open. When they cranked the temperature of the surrounding air to at least 40 C, the gripper closed around whatever the engineers placed beneath it. “The grippers are a nice example of how manipulation can be done with soft materials,” Fang says. “We showed that it is possible to pick up a small bolt, and also even fish eggs and soft tofu. That type of soft grip is probably very unique and beneficial.” Going forward, he hopes to find combinations of polymers to make shape-memory materials that react to slightly lower temperatures, approaching the range of human body temperatures, to design soft, active, controllable drug delivery capsules. He says the material may also be printed as soft, responsive hinges to help solar panels track the sun. “Very often, excessive heat will build up on the back side of the solar cell, so you could use [shape-memory materials] as an actuation mechanism to tune the inclination angle of the solar cell,” Fang says. “So we think there will probably be more applications that we can demonstrate.” This research is supported in part by the SUTD Digital Manufacturing and Design Center (DManD) and the SUTD-MIT joint postdoctoral program.