1366 Technologies, Inc. aims to deliver solar at the cost of coal. The company combines breakthrough technology innovations with lean manufacturing processes to make a new class of silicon wafers, the basic building blocks of solar cells, at a fraction of today’s cost.
The traditional process of making wafers, where wafer slices are sawed from large ingots of very pure polycrystalline silicon, is a complex, multi-step, multi-machine, batch process that wastes a lot of material and has high labor and operating costs. 1366 Technologies’ proprietary Direct Wafer™ technology reduces this expensive process to a continuous, single-step and delivers a superior wafer that can be utilized in more than 80% of the world’s cell factories without adding a single new piece of equipment.
1366 Technologies was founded in 2007 by Frank van Mierlo and former MIT professor, Dr. Emanuel “Ely” Sachs. The company is based in Bedford, Massachusetts.
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Funding Rounds (8) - $66.5MUpdate
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