
FAST FACTS
FOUNDER(S):
Dr. Haydn Wadley
INNOVATION(S):
Industrial Technologies
EMPLOYEES:
15
HEADQUARTERS:
Charlottesville, VA
FOUNDED:
2000
REVENUE:
$2.4 million FY08
TSC MEMBER INSTITUTION(S):
University of Virginia
FUNDING AGENCY(S):
Department of Defense
Department of Energy
National Science Foundation
STATUS:
Private
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DIRECTED VAPOR TECHNOLOGIES INTERNATIONAL, INC.
COATING TECHNOLOGY FOR THE FUTURE
ABOUT THE COMPANY:
In the mid-1990s, University of Virginia Professor Haydn Wadley and his team of researchers invented a revolutionary new coating method that could be used by manufacturers. The technology they created, “Directed Vapor Deposition (DVD),” is akin to “spray painting” coating. It can be used on such products as turbine engines, batteries and liquid crystal displays. DVD allows coatings to be applied faster, with a greater variety of materials, with greater control and at lower cost than other methods. Directed Vapor Technologies International, Inc. (DVTI) was formed in 2000 to capitalize on Dr. Wadley’s patents associated with this coating method.
UNIVERSITY-BASED RESEARCH CONNECTION:
Directed Vapor Deposition (DVD) is a novel physical vapor deposition tool invented at the University of Virginia in the School of Engineering and Applied Science Material Laboratory under the direction of Haydn Wadley, PhD.
DVTI recently opened a 6,000 sq. ft. manufacturing facility in Albemarle County, Virginia, and maintains its relationship with the University by hiring interns, recent graduates and alumni. The company has sponsored research at the University in the amount of $150,500. The company also works closely with the University of Virginia Patent Foundation to manage DVTI’s extensive intellectual property portfolio.
As the university’s publication Explorations reports, “Wadley sees himself engaged in the interrelated activities of training students and doing basic research at the frontiers of materials science and physics. While his focus is on fundamental research, there are occasions when his work has led to patentable discoveries. Wadley believes that having University of Virginia intellectual property available to be licensed by startup companies is an important way to further economic development… he stresses that the decline in industrial research and development makes the role of universities even more critical.”
ROLE OF FEDERAL RESEARCH FUNDING:
Development of the technologies behind DVTI was supported by grants from the Department of Defense through the Office of Naval Research, NAVAIR, Air Force Research Labs, and Army Research Labs, as well as the Department of Energy and National Science Foundation.
Read The Full Report Here
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