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Metamaterial Technologies Acquires Rolith

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Smart material and photonics technology developer Metamaterial Technologies Inc. (MTI) has acquired the business of nanotechnology provider Rolith Inc.

The business includes Rolith’s proprietary manufacturing technology, rolling mask lithography (RML), NanoWeb products, intellectual property, proprietary tools and R&D facilities specific to Rolith’s large surface area lithography platform and key employees.

George Palikaras, founder and CEO of MTI (left) shaking hands with Boris Kobrin, founder and CEO of Rolith Inc.
George Palikaras, founder and CEO of MTI (left) shaking hands with Boris Kobrin, founder and CEO of Rolith Inc. Courtesy of PRNewsFoto/Metamaterial Technologies Inc.

"Rolith's existing business line and RML technology will complement MTI's capabilities and extend its market offerings,” said Maurice Guitton, MTI's board chairman. “This acquisition will establish the company as a forerunner in the industry and will enhance the company's future growth and performance.”

Metamaterials aims to create the next generation of smart, multifunctional materials to change the way we use, interact and benefit from light.

MTI Founder and CEO George Palikaras described the acquisition as strategic, and a move that the company expects will help it overcome what Palikaras described as the industry’s biggest challenge, the absence of viable manufacturing tools to produce large-scale, high-volume optical metamaterial products. He said Rolith's patented RML lithographic technology will allow the company to scale-up manufacturing to meet demand.
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Published: June 2016
Glossary
metamaterial
Metamaterials are artificial materials engineered to have properties not found in naturally occurring substances. These materials are designed to manipulate electromagnetic waves in ways that are not possible with conventional materials. Metamaterials typically consist of structures or elements that are smaller than the wavelength of the waves they interact with. Key characteristics of metamaterials include: Negative refraction index: One of the most notable features of certain...
lithography
Lithography is a key process used in microfabrication and semiconductor manufacturing to create intricate patterns on the surface of substrates, typically silicon wafers. It involves the transfer of a desired pattern onto a photosensitive material called a resist, which is coated onto the substrate. The resist is then selectively exposed to light or other radiation using a mask or reticle that contains the pattern of interest. The lithography process can be broadly categorized into several...
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
nano
An SI prefix meaning one billionth (10-9). Nano can also be used to indicate the study of atoms, molecules and other structures and particles on the nanometer scale. Nano-optics (also referred to as nanophotonics), for example, is the study of how light and light-matter interactions behave on the nanometer scale. See nanophotonics.
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