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THE LATEST NEWS ABOUT HEXALAYER

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01 Nov, 2020
HeXalayer is excited to be joining Awesome Inc.’s 2020-2021 Fellowship cohort. A mentor-driven program designed to accelerate your high tech startup. The program is tailored to your startup’s needs and runs on a flexible timeline unique to your team, supporting your startup for up to one year. Awesome Inc was founded on the basis of the “give-first” mentality. Awesome Inc started in 2009 and has grown to be the epicenter for anything related to technology or business. We strive to make Lexington a better place to live and work.
21 Aug, 2019
The Ameren Accelerator is now in its third year. In 2019, more than 430 startups from around the world applied to the program. This unique and forward-thinking partnership evaluates, mentors and invests in energy-technology startup companies. Each Accelerator participant receives $100,000 in seed capital and works alongside Ameren leaders and Accelerator partners to develop new energy technologies that will make our energy grid smarter, more reliable, resilient and secure. The companies are paired with an UMSL Accelerate intern and based out of UMSL Accelerate and Capital Innovators’ co-working space in Cortex Innovation Community, a 200-acre innovation and technology district in St. Louis. At the conclusion of the 12-week program, participants showcase their efforts to potential customers, investors, corporate executives and the general public at Demo Day in November. Ameren may select the most promising projects for ongoing mentoring and engagement beyond the accelerator program. ST. LOUIS (Aug. 21, 2019) – Today, six startup companies from around the world (the United States and England) were selected to participate in the 2019 Ameren Accelerator, an innovative public private partnership between Ameren Corporation (NYSE: AEE), the University of Missouri System, UMSL Accelerate and Capital Innovators. The technology solutions of the selected companies align with this year’s theme, “Smart Cities – Connected Communities.” The participating companies are: • Allumia (Seattle, Wash.) makes it possible to provide funded energy efficiency upgrades to commercial and industrial buildings in a cost-effective and time-efficient manner. • ClearFlame (Chicago) is developing an alternatively-fueled, drop-in-ready engine for the heavy-duty market, which includes marine, agriculture, transportation, power generation, rail and construction applications. • Eden GeoTech (Somerville, Mass.) is developing a water-less and injection-free reservoir stimulation technology, which uses electric energy to change the petro-physical properties of rock formation, create micro-fractures and increase permeability. • HeXalayer (Louisville, Ky.) developed a new generation of high-capacity lithium-ion battery technology using innovative carbon material called ML Graphene. The nanomaterials-based technology significantly improves the capacity of energy storage; specifically tested for rechargeable batteries. • Ovon Tech (Manchester, England) developed the Smart Radiator Valve with distributed temperature acquisition and thermoelectric energy recovery systems. • Shyft Power Solutions (Oakland, Calif.) enables homes, businesses and energy companies to remotely monitor, manage and control their power sources from mobile or web applications. These selected companies were announced by Warner Baxter, chairman, president and CEO, Ameren Corp., as a part of a “Smart Cities – Connected Communities” roundtable with St. Louis City Mayor Lyda Krewson and University of Missouri System President Mun Y. Choi. The discussion focused on how new energy technologies and smart communities will enhance the position of St. Louis businesses to lead in innovation, entrepreneurship, economic development and attract companies and jobs to the region. “Being leaders in energy innovation will allow Ameren to fulfill its mission of powering the quality of life for our customers,” Baxter said. “Through the Ameren Accelerator program, we are investing in and partnering with some of the world’s most innovative startup companies to develop new energy technologies for our customers in Missouri and Illinois. This successful program is delivering positive results and exemplifying our mission – for today and the future.” Krewson said she’s excited about the Accelerator program and proud that St. Louis and Ameren are partnering to ensure that innovative technologies will modernize services and improve the quality of life for local residents. “Through programs such as the Ameren Accelerator, smart cities will allow us to improve public safety, make public services more efficient, smarter and equitable, and expand Internet access for all St. Louisans,” Krewson said. “We want the University Missouri System to be the first choice for entrepreneurially-minded students,” Choi said. “The UMSL Accelerate program will provide educational tools, real world startup and tech experience that will inspire entrepreneurship and innovation in the St. Louis region and across the state. Our mission is to foster a community of thought leaders by providing access to advanced curriculum, mentorship and involvements.” For more information about Ameren Accelerator, visit amerenaccelerator.com. About Ameren Corporation St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric distribution and transmission service, as well as natural gas distribution service, while Ameren Missouri provides vertically integrated electric service, with generating capacity of over 10,200 megawatts, and natural gas distribution service. Ameren Transmission Company of Illinois develops regional electric transmission projects. Follow the company on Twitter @AmerenCorp. For more information, visit Ameren.com. About the University of Missouri System The University of Missouri System is the State of Missouri’s largest public university, with four campuses serving more than 76,000 students, a health care system, an extension program, and more than 500,000 alumni worldwide. The UM System was created in 1963 when the University of Missouri (founded in 1839 in Columbia) and the Missouri School of Mines (now the Missouri University of Science and Technology, founded in 1870 in Rolla), were combined with the formerly private University of Kansas City (now University of Missouri–Kansas City, founded in 1933), and a newly created campus in suburban St. Louis (University of Missouri–St. Louis). About the University of Missouri-St. Louis and UMSL Accelerate The University of Missouri–St. Louis is the largest public research university in eastern Missouri with the greatest concentration of alumni in the region. Their UMSL Accelerate initiative fosters entrepreneurism and innovative thinking in and outside the classroom and helps bring concepts from mind to market. For more information, visit http://umsl.edu/accelerate/. About Capital Innovators Capital Innovators is an innovation engine that creates practical solutions across industries that can shape the future of organizations. Capital Innovators provides innovation consulting, entrepreneurial based programs, acts as a liaison between Corporations, Universities and Startups and investment into attractive early-stage businesses. Capital Innovators has in-depth knowledge into the most cutting-edge solutions through the Accelerator division of its business, which has been ranked as a top Accelerator in the country for four years in a row and has invested in and guided 70 companies to date. 
16 Aug, 2019
State funding fuels research, future growth for tech companies FRANKFORT, Ky. (Aug. 16, 2019) – Six Kentucky tech companies will receive $1.9 million in state matching funds to stimulate technological innovation in the commonwealth while fueling growth and job creation for technology-based startups and small businesses. The Kentucky grants match in part nearly $3.4 million in federal grants the businesses will collectively receive. “SBIR/STTR funds are a vital resource for launching and growing innovative, high-tech companies here in Kentucky,” Gov. Matt Bevin said. “The commonwealth’s matching program is one of the strongest in the nation, enabling us to support early stage companies with cutting-edge technologies. This year’s recipients exemplify the groundbreaking work currently in progress across many disciplines. We look forward to watching these companies flourish right here in Kentucky, the nation’s center of engineering and manufacturing excellence.” The grants are part of the commonwealth’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Matching Funds program. The program, overseen by KY Innovation within the Kentucky Cabinet for Economic Development, matches all or part of federal SBIR/STTR awards received by Kentucky-based companies or companies that commit to relocation in the state. Kentucky companies awarded matching SBIR/STTR funding are as follows: Brockman-Hastings LLC (Louisville): Brockman-Hastings is developing an intraocular pressure (IOP) monitoring system based on an implantable sensor and an all-optical readout system. This implantable sensor provides greater accuracy than clinical tonometry and can be less obtrusive for long-term monitoring. Carina Medical LLC (Lexington): Carina Medical is creating more efficient radiation treatment planning for cancers using artificial intelligence. Accurately contouring/segmenting the treatment area, reduces the normal organs affected by radiation, and optimizes the dosage and distribution of treatment. eNomalies LLC (Mt. Vernon): eNomalies has created the Rapid Synthetic Environment Tool (RSET), a software suite designed to make the use and modification of virtual 3D environments accessible to a wider audience of warfighters. The software enables users, not trained in 3D software programs, to interact with the environment, reducing the need for front-end training for users. It also reduces the time and number of programmers required to create the environment models. Hexalayer LLC (Louisville): Hexalayer’s new graphene/carbon technology will replace low capacity carbon-based anode in Li-ion batteries. This will significantly increase the performance of the battery and reduce the weight of battery devices. LaGrange Scientific LLC (Pewee Valley): Lagrange Scientific is addressing the need for a prognostic test that predicts post-surgical metastasis. The company has a test for biomarkers in clear cell renal cell carcinoma (ccRCC) tissues that can predict renal cancer metastasis in patients who have previously been diagnosed with and undergone primary tumor resection of renal cancer. Response Techs LLC: Response Techs produces Explosion Resistant Fuel Tanks [ERFTs], also known as flexible fuel cells, fuel tanks, or bladders. These are used in place of integral or metal tanks for increased safety and more effective fuel containment. These ERFT’s increase crash survivability by absorbing the impact and reducing the chance of fires and explosions. The company is based in Rhode Island and was awarded funding contingent on its relocation to Kentucky. “Once again, this standout program is supporting a diverse group of Kentucky companies in the business of revolutionizing technologies,” said Brian Mefford, executive director of KY Innovation. “This funding will help this round of awardees provide high-paying jobs for Kentuckians while creating solutions that run the gamut, from bettering cancer treatment to improving battery technology. We have already seen how this program pays dividends in lifting high-tech Kentucky companies to their full potential, and I only expect that trend to continue upward in the future.” Since its inception in 2006, Kentucky’s SBIR/STTR program has awarded more than $67.4 million to support 127 companies that leveraged more than $125.1 million in federal SBIR/STTR grants. Those recipient companies have created more than 665 high-salary jobs in Kentucky. A total of 43 companies have located, or are planning to relocate, their businesses to Kentucky to take advantage of the program. Eligible high-tech companies can apply for federal grants in two phases. Businesses in the concept or feasibility stage can apply for Phase I funding while companies in full-scale research and development can request Phase II assistance. Kentucky’s program matches federal Phase I grants up to $150,000 and match Phase II funding up to $500,000 per year for two years. In addition to the match funding, the Cabinet will provide additional and ongoing help for tech businesses. The Cabinet recently established the Kentucky Innovation Investment Program (KIIP), a hub for attracting, assisting and maximizing assets of top SBIR/STTR candidates. More information on Kentucky’s SBIR/STTR Matching Funds Program and KIIP is available at www.kyinnovation.com/sbir-sttr-funding-and-match. The Kentucky Cabinet for Economic Development is the primary state agency responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky under the Bevin Administration has totaled more than $23.5 billion, spurring nearly 60,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com. Follow the Cabinet at facebook.com/ThinkKentucky, on Twitter @ThinkKentucky and on LinkedIn, and watch the Cabinet’s “Now you Know” video on YouTube.
01 Feb, 2019
HeXalayer, LLC has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) to conduct research and development (R&D) work on next generation Lithium-ion rechargeable battery material. HeXalayer has developed a new material for use in Li-ion rechargeable battery cells, that increase their capacity by a factor of 4. A successful commercialization of this material would affect the operating time of Electric Vehicles, Drones and Consumer Electronics. “The National Science Foundation supports startups and small businesses with the most innovative, cutting-edge ideas that have the potential to become great commercial successes and make huge societal impacts,” said Graciela Narcho, Acting Director of Division of Industrial Innovation and Partnerships at NSF. “We hope that seed funding will spark solutions to some of the most important challenges of our time across all areas of science and technology.” Once a small business is awarded a Phase I SBIR/STTR grant (up to $225,000), it becomes eligible to apply for a Phase II grant (up to $750,000). Small businesses with Phase II grants are eligible to receive up to $500,000 in additional matching funds with qualifying third-party investment or sales. NSF accepts Phase I proposals from small businesses twice annually in June and December. Small businesses with innovative science and technology solutions, and commercial potential are encouraged to apply. All proposals submitted to the NSF SBIR/STTR program undergo a rigorous merit-based review process. To learn more about America’s Seed Fund powered by NSF, visit: https://seedfund.nsf.gov/ About the National Science Foundation’s Small Business Programs: America’s Seed Fund powered by NSF awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $1.5 million in non-dilutive funds to support research and development (R&D), helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $8.1 billion that supports fundamental research and education across all fields of science and engineering.
13 May, 2018
The TechConnect Innovation Awards identify the top 15% of submitted technologies as ranked by the TechConnect Corporate & Investment Partner Committee. Innovation rankings are based on the potential positive impact the submitted technology will have on a specific industry sector. Innovations are submitted from global academic technology transfer offices, early-stage companies, small business innovative research (SBIR) awardees, and government and corporate research laboratories. For more information: https://techconnectworld.com/World2018/participate/innovation/awards.html
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