Capacitech has been awarded a Phase 1 STTR Grant from the National Science Foundation worth $225k. This funding will be used to put the finishing touches on the cable-capacitor technology which will help electronics manufacturing companies reduce costs. This grant is awarded in partnership with the University of Central Florida's Nanotechnology Science Center. The partnership will be headed up by co-founder and inventor Dr. Jayan Thomas on the university side and by Dr. Isaiah Oladeji on the company side.
Together, UCF and Capcaitech will commercialize this technology with the help of this grant and plans to launch pilot programs with partners such as Ditek later this year.