21 August 2017
Cree grants royalty-bearing, non-exclusive patent license to Light Polymers
Cree Inc of Durham, NC, USA (which makes lighting-class LEDs, LED lighting and power semiconductors) has granted a royalty-bearing, non-exclusive patent license on certain Cree patents for certain LED luminaires to Light Polymers Inc of San Francisco, CA, USA.
The agreement will allow Light Polymers to apply their proprietary nanochemistry to affordably manufacture luminaires with photonic films that are said to enhance 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,” says Light Polymers’ CEO Marc McConnaughey.
Light Polymers recently introduced its Crystallin Downlight product line using lyotropic materials that deliver a color rendering index (CRI) as high as 98. The firm’s proprietary lyotropic materials can improve LED optics, yielding well-distributed lighting with much higher CRI and at affordable prices, it is claimed.