01/07/08: Microsphere Technology and Trelleborg Group AB Press Release, weight saving paint additive aims to reduce fuel consumption and carbon footprinting.
Microsphere Technology, the Edinburgh-based technology company, has signed an intellectual property licence deal worth in excess of $1m with Trelleborg Engineered Systems, part of Sweden’s Trelleborg Group AB. Microsphere Technology, which specialises in the coating of hollow glass microspheres, secured the deal with the global industrial group that will ensure the companies collaborate on the development of new paint additives for the global civil aerospace market. The technology firm, based at the Pentlands Science Park outside Edinburgh, has been developing microsphere-related technology for use in a series of applications. In this case, the technology is aimed at weight reduction of aircraft paints with the subsequent advantage of significant savings in fuel consumption and carbon foot-printing.