Nanodyne Inc. of Dublin, Calif. has signed an exclusive option to license new technology developed at UC Davis called Metal Organic Silicon Thin Film (MOSTF) into a commercial prototype.
The technology is used to create thin films on surfaces, that can be used for a variety of purposes including biological measurements and silicon wafer processing, said Todd Armstrong, president and CEO of the company. Nanodyne plans to use MOSTF in the manufacturing of hard disk drives with dramatically increased disk capacity.
Armstrong said that the company is currently raising funds to complete a prototype using this early-stage technology, working with the UC Davis College of Engineering and its Northern California Nanotechnology Center.
Nanodyne was founded in 2010 to bring cutting-edge nanotechnology solutions to market. The company (competing as Nomad Technologies) placed second in the 2010 Big Bang! business plan competition run by the UC Davis Graduate School of Management, and was a finalist in the 2010 DFJ/Cisco Global Business Plan competition.
Nanodyne Inc. was founded by four MBA students from the UC Davis Graduate School of Management: Armstrong, Lory Tan, Rafael Oey and Suneet Sandhu. The MOSTF technology was invented in the laboratory of Cristina Davis, assistant professor of mechanical and aeronautical engineering at UC Davis, in collaboration with Frank Yaghmaie, director of the Northern California Nanotechnology Center and a patent application is pending.
[Updated 8.30.10 to reflect that patent is pending and that Nanodyne has signed an option.]