this technology enables significantly higher light output

The estimated global market for LED lamps is over US$20 billion, with more than 1 billion units due for manufacture in 2013. LED technology still faces some challenges, particularly where high light output is required from small compact light units. The major difficulty with LEDs is the heat sensitivity of used components and materials. Overheating can shorten the lifespan and efficiency of the LED,while light output falls below product optimal specification as temperatures rise.LED interconnection solution can led flood light better thermal characteristics and cooler semiconductor junction temperatures. This capacity for better thermal efficiency management will have a major impact on the lifetime of LEDs. Combined with new materials for lamp body production, substantial cost savings can be achieved through reduced materials, manufacturing simplicity and total production automation.
“The high thermal management efficiency of this technology enables significantly higher light output – for example from replacement spots – than is currently available anywhere in the LED market,” says Dr Juha Rantala, Chairman of Lumichip Ltd. “LightTherm materials, device construction and manufacturing processes give flexibility in design, and will enable the manufacture of entirely new lighting applications for both consumer and industrial luminaires. We believe this will change completely the way in which LED products are manufactured in the future.LightTherm's technologies are based on years of development, characterisation and lifetime tests carried out at VTT Technology Research Centre of Finland, which provides high-end technology solutions and innovation services. “We are pleased to co-operate with a partner such as Lumichip to take this very innovative and promising technology to the industrialisation and commercialisation phase,”says Antti Sinisalo,led high bay light Ventures Ltd.

LightTherm's founding team consists of Petri Nyman, Ville Moilanen and Kimmo Jokelainen. CEO and co-founder Petri Nyman has extensive experience in start-ups, as well as in the management of growth companies. Co-founders Ville Moilanen and Kimmo Jokelainen have a research background with VTT and have been instrumental in developing the core innovations behind this new technology.This undrawn credit facility bolsters Rubicon’s strong liquidity position,” said William Weissman, Chief Financial Officer of Rubicon Technology. “We believe it is prudent to establish this additional financial flexibility for the future,” he concluded.