OTI Lumionics receives a $50,000 grant from Shell Canada

Shell Canada awarded $50,000 to OTI Lumionics, as part of Shell Canada’s Quest Climate Grant program. Shell awarded this award to six cleantech startups - based on their unique businesses or products, as well as their commitment to counter climate change.

Earlier this year OTI received a $5.7 million CAD ($4.55 million USD) grant from the Canadian government to build an OLED lighting pilot production line in Canada. The company says that the new line will enable them to produce large flexible OLED lighting panels.

OTI unveiled their first OLED lighting product, the Aerelight desk lamp (shown above), in September 2014. It uses a single 1000 lux OLED lighting panel and costs $239. The lamp started shipping recently.

Last year we posted an article explaining the company's technology and business model. The company aims to build a small-scale OLED fab, that works "on demand" and offers customized production, which means that the OLED panel is tailored to the final application.

Posted: Dec 23,2015 by Ron Mertens