3M and Lotus Applied Technology Complete ALD Barrier Technology License Agreement

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3M Co. (MMM) and Lotus Enter ALD Barrier Technology Licensing Agreement

October 7, 2015 1:20 PM EDT

3M Co. (NYSE: MMM) has entered into a licensing agreement with Lotus Applied Technology to access Lotuss TransFlexALDTM spatial Atomic Layer Deposition (ALD) and barrier materials patent portfolio. TransFlexALD technology enables high-speed, low-cost deposition of single layer ultra-barrier coatings on rolls of polymer film using ALD. These coatings play a critical role in the encapsulation of moisture- and oxygen-sensitive... More