- News
27 April 2011
Kyma awarded over $400,000 by NC Green Business Fund
Kyma Technologies Inc of Raleigh, NC, USA, which provides crystalline gallium nitride (GaN) and aluminum nitride (AlN) materials and related products and services, has won a grant from the North Carolina Green Business Fund to develop a more energy efficient manufacturing facility.
State Commerce Secretary Keith Crisco announced that, statewide, the NC Green Business Fund (which is managed by the North Carolina Department of Commerce) has awarded 16 organizations grants totaling $4.6m (funded through the American Recovery and Reinvestment Act). Of this, companies and organizations in North Carolina's Research Triangle area have been awarded grants worth more than $2.8m.
Kyma will receive $427,760 to equip its facilities with several elements of an ultrahigh-energy-efficiency manufacturing infrastructure, including a geothermal heating, ventilation and air conditioning (HVAC) system; better insulation; high-efficiency LED-based solid-state lighting; smart utility-control sensors; and an energy usage monitoring and optimization center.
“While we have always prided ourselves with our relatively low carbon footprint, especially compared to that of many of our competitors, NC Green’s support is going to enable us to improve our plant efficiency by a very significant amount,” says VP of operations Dr Heather Splawn.
“This helps us become even greener in the manufacturing of our products,” says Kyma’s president & CEO Dr Keith Evans. “Our products in turn are used by our customers used to make their products greener too.”
The market for nitride semiconductor devices is expected to surpass $65bn over the long term, including more than $32bn in visible lighting applications and $33bn in power electronics applications.