In fact, Applied Quantum Technology, a company specializing in advanced solar technologies, announced this week that it had received a $10 million venture funding investment.
The money will be used to develop the company's first manufacturing line, which will be located in Silicon Valley. Another short-term priority will be to expand company staff over the next 12 months as the facility prepares to go into full production mode.
"This latest investment is a testament to the enormous progress we have made in the last 12 months across our company and will fuel substantial milestones over the next four quarters," said CEO Michael Bartholomeusz.
Elsewhere, a report in the New York Times' Green, Inc. blog notes that the company is one of several working on technologies that allow photovoltaic materials to be printed or placed on to glass and other materials. This would greatly expand the range of options for consumer products and building technology.
