Oulu, Finland / Eindhoven, Netherlands April 20, 2023 – Finnish IMSE pioneer TactoTek and TracXon, an innovative spin-off of the Holst Centre, have signed a license agreement. As a TactoTek licensee, TracXon Solutions will design and build IMSE functional films, integrating TactoTek’s design rules to enable the supply of functional films for the development of next-generation automotive platforms with smart surfaces. The addition of TracXon as a design and functional film supplier enables TactoTek’s licensees now to access the complete ecosystem for developing unique 3D smart surfaces.
Combination of core technologies makes for a leap in sustainable additive manufacturing
With this license from TactoTek and the combination of TracXon’s innovative capabilities in roll-to-roll (R2R) printing and assembly, TracXon is now a key supplier for sustainable additive manufacturing. “Our mission to bring Hybrid Printed Electronics to the mainstream as a cradle-to-cradle manufacturing technology is strengthened with the addition of IMSE technology to our capabilities.”, describes Dr. Ashok Sridhar, CEO of TracXon, “Not only do we supply functional films with our R2R process and materials, we can now address a larger array of applications including intelligent lighting and smart human-machine interfaces, but also do it in a sustainable and recycling-friendly manner, thus unlocking multiple benefits to the market. IMSE technology has enormous application potential across several domains, and we look forward to being a key design and manufacturing partner to the interested OEMs and Tier-1s.”
Activating the ecosystem of TactoTek’s Licensees to design, build, manufacture and scale IMSE into new and upcoming automotive platforms
TactoTek’s objective is to build a world-class ecosystem of partners to ensure IMSE technology is the go-to technology for smart interfaces and surfaces. TracXon activates another link in this ecosystem for the supply of functional surfaces and the entire industry can benefit from a sustainable and eco-friendly system design. According to Marko-Suo Anttila, SVP of Consulting and Services at TactoTek, “TracXon has a crucial role in energizing the ecosystem with their cutting-edge, in-house process development and design support, propelling IMSE technology into new markets. Our partnership ensures a seamless supply of functional films for top-tier brands, revolutionizing next-gen automotive user interfaces.”
The addition of TracXon enhances the IMSE ecosystem, which now covers design and consulting partners, engineering partners, OEMs, Tiers, and an active network of supply chain partners to ensure that IMSE technology smart surfaces can be designed and deployed effectively.
About TactoTek
TactoTek develops and licenses In-Mold Structural Electronics (IMSE®) for its customers over a broad range of industries. With especially strong interest from the automotive market, the IMSE vision of smart surfaces, smaller carbon footprint, and circular economy resonates beyond the surface, bringing technology innovators and brands together in previously unseen ways. TactoTek helps brand owners and suppliers to flourish in the new era of smart surfaces.
TactoTek is funded by international leaders in finance and industry committed to advancing technology solutions that benefit consumers and the environment. TactoTek investors include Conor Venture Partners, 3M Ventures, Repsol Energy Ventures, Faurecia Ventures, Voima Ventures, Tesi, Nidoco AB, and Cornes Technologies Limited. For more information, please visit tactotek.com.
About TracXon
TracXon’s mission is to bring Hybrid Printed Electronics to a mainstream cradle-to-cradle manufacturing technology through innovative sustainable processes and materials. With a vision to become the leading pure-play foundry for additively manufactured electronics, and offering a one-stop-shop to our business-to-business customers from sustainable and recycling friendly system design all the way to large-scale manufacturing.
Find out more about TracXon on https://www.tracxon.tech/
Media Contacts
TactoTek
Karthikesh Raju
SVP Product Management and Marketing
karthikesh.raju@tactotek.com
TracXon
Ashok Sridhar
Chief Executive Officer
ashok.sridhar@tracxon.tech
