PolymerPlus

The U.S. Army awarded $5.4 million (potential up to $11 million) to a team led by Case Western Reserve University, including PolymerPlus, to develop advanced manufacturing approaches for high-performance polymeric materials.

Peak Nanosystems LLC, through its subsidiary PolymerPlus LLC, is partnering with Case Western Reserve University and the US Army Research Laboratory to develop new manufacturing approaches for high-performance lightweight polymeric materials. The Army awarded $5.4 million (potential up to $11 million) to Case Western, with a portion subcontracted to PolymerPlus.

The U.S. Army Combat Capabilities Development Command's Army Research Laboratory awarded a five-year agreement worth $5.4 million (potential up to $11 million) to a team led by Case Western Reserve University, with a subcontract to PolymerPlus LLC, to develop advanced manufacturing approaches for lightweight, high-performance polymeric materials.

Peak Nanosystems, parent of Peak Nano Optics and Peak Nano Films, acquired Cleveland-based polymer technology developer PolymerPlus. The acquisition was funded by a $25 million investment from Squadron Capital.