Better RFID The Goal Of New Joint Venture - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance

Better RFID The Goal Of New Joint Venture

Its polymer chips could cost less and be more flexible because they are made of carbon, rather than silicon, atoms.

Precision Dynamics, a maker of health-care and identification products like radio-frequency identification wristbands, and venture capital Convergent Ventures have formed ORFID Corp. The joint venture will develop polymer RFID chips, as opposed to conventional silicon-based RFID chips.

ORFID's polymer chips could cost less and be more flexible because they're made of carbon, rather than silicon, atoms. The company is expected to make both active and passive chips. Health-care businesses could use the technology to monitor patients, track assets, and inventory pharmaceuticals and medical equipment. ORFID also will sell to chip, paper, chemical, and computer companies.

The technology was developed in part by Dr. Yang Yang, professor of materials science and engineering in the School of Engineering and Applied Science at the University of California, Los Angeles.

ORFID's board includes Kenneth Aldrich, a managing director for Convergent Ventures Funds I and II; Gary Hutchinson, president, CEO, and director at Precision Dynamics; and Robert Kraemer, a board member and corporate secretary at Precision Dynamics.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of IT & Cybersecurity Operations 2020
The State of IT & Cybersecurity Operations 2020
Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!
Slideshows
IT Careers: 10 Industries with Job Openings Right Now
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/27/2020
Commentary
How 5G Rollout May Benefit Businesses More than Consumers
Joao-Pierre S. Ruth, Senior Writer,  5/21/2020
News
IT Leadership in Education: Getting Online School Right
Jessica Davis, Senior Editor, Enterprise Apps,  5/20/2020
Register for InformationWeek Newsletters
Video
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll