Novares pours 5 million euros into FlexEnable: Page 2 of 2

May 04, 2018 //By Julien Happich
Novares pours 5 million euros into FlexEnable
A global plastic solutions provider for the automotive industry, Novares plans to make equity investments into flexible electronics solutions provider FlexEnable, totalling 5 million euros.

“We are delighted to be working closely with and supported by Novares, who have taken a leadership position in bringing smart surfaces to the automotive supply chain. With the automotive display market valued at $22 billion by 2022, this investment is a further validation of FlexEnable’s glass-free display technology and licensing business model. Currently being transferred into mass production, OLCD is serving the growing demand for low-cost, high-reliability, conformable and shapeable displays to meet the rapidly changing needs of the automotive HMI”, said Chuck Milligan, CEO of FlexEnable.

Last March, Novares unveiled its Nova Car #1 demo featuring FlexEnable’s flexible OLCD in the design of the cockpit. Called FlexView, this innovation uses augmented reality to improve security and can be easily integrated into modern cockpits.

In July 2017 FlexEnable began the industrialisation of OLCD following a technology transfer and license agreement with Chinese display manufacturer Truly Semiconductors. OLCD is expected to be in mass production by the end of 2018 with target markets including automotive, consumer electronics, smart home appliances and digital signage.

FlexEnable - www.flexenable.com

Novares - www.novaresteam.com  

Related articles:

Flexenable takes the money for move into smart automotive surfaces

Demo car sports flexible rear view screen and led-lit smart roof bars

LCDs go plastic, flexible and cheap


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