Vinnova awards a grant of SEK 4 million to Smart Multifunctional Glass project led by RISE

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ChromoGenics AB (publ) will be part of a partnership for Smart Multifunctional Glass in an innovation project awarded by Vinnova. The partnership consists of RISE (coordinator), ChromoGenics AB, Inwido Sverige AB, Hancap AB, Solibro Research AB, Vasakronan AB and Volvo Personvagnar AB. The total project budget is 8 MSEK and runs from July 2018 to June 2020.

The possibilities of combining and controlling functions in glass will be explored in the Smart Multifunctional Glass project.

"There are today many technologies that provide various possible functionalities and features that are more or less mature for commercialization. What happens when you combine them and how can they be best utilized? "says Jerry Eriksson, researcher at RISE, heading the Smart Multifunctional Glass project.

The project focuses on developing a multifunctional solar control product that is unique in the market and is well in line with society's long-term goals for energy saving and sustainable solutions. In a multidisciplinary partnership, various prototypes of multifunctional glass and integrated smart electronic control systems are developed, tested and evaluated. The end product can be implemented in building automation systems, smart homes or within the automotive industry.

"A successful project enables the base for a whole new product range that can be tailored to customer needs and offer unique solutions that do not exist on the market today," says Jerry Eriksson.

The Smart Multifunctional Glass research project is funded by the Strategic Innovation Program Smarter Electronics System, which is a joint venture of Vinnova, Formas and the Swedish Energy Agency.

"We are proud of being a part of the innovation project that will create opportunities to broaden the functionality of smart glass and contribute to increased use of our dynamic glass ConverLight®. There are many exciting features that can be added to our product’s basic features to increase indoor comfort and reduce energy consumption in buildings," says Greger Gregard, CTO at ChromoGenics.

Contact:
Jerker Lundgren, CEO 
Susanne Andersson, CFO & Head of Communications
Tel: +46 18 430 0430
E-mail: info@chromogenics.com
Certified Adviser: G&W Fondkommission
Every care has been taken in the translation of this document. In the event of discrepancies, the Swedish original will supersede the English translation.

About ChromoGenics
ChromoGenics offers dynamic glass with controllable heat- and light transmission. The company’s unique technology ConverLight® provides sustainable solar control for increased indoor comfort and energy efficiency. ConverLight® also contributes to Green Building certifications. In 2016 the company started commercial sales to real estate projects in Scandinavia.

ChromoGenics is located in Uppsala, Sweden, and the technology is derived from the world leading research center at Ångström Laboratory at Uppsala University. The plant has been partly financed by a conditional loan from the Swedish Energy Agency. ChromoGenics share (CHRO) is listed on Nasdaq First North Stockholm with G&W Fondkommission as Certified Adviser. www.chromogenics.com

About RISE
RISE Research Institutes of Sweden is Sweden's research institute and innovation partner. In international collaboration with companies, academia and the public sector, we contribute to a competitive business community and a sustainable society. Our 2 300 employees run and support all types of innovation processes. RISE is an independent state-owned research institute offering unique expertise and 100 test and demonstration environments for future-proof technologies, products and services.

For further information, please contact:

Jerry Eriksson, RISE Research Institutes of Sweden, jerry.eriksson@ri.se

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