Navigation Links
Wayne State University licenses technology to new start-up, Detroit Materials, Inc.

DETROITThe Office of the Vice President for Research at Wayne State University announced today the finalization of a license agreement with a new start-up company, Detroit Materials, Inc., for a Wayne State University patented portfolio of high-strength low-alloy steels and cast irons for demanding applications in the defense, off-highway, tooling and automotive industries.

Although there have been great advancements in the development of high-strength steel, there continues to be a need in various industries for structural components that are lighter and stronger, and have improved energy efficiencies, reduced emissions and pollution, increased safety and decreased production costs, particularly in the automotive industry.

A team of researchers led by Susil Putatunda, Ph.D., professor of chemical engineering in Wayne State University's College of Engineering, have been working to create advanced materials with high-yield strength, fracture toughness and ductility. Their efforts have led to the development of a portfolio of bainitic steels and austempered ductile irons exhibiting an excellent combination of mechanical currently only available in the form of highly alloyed and costly exotic steels.

Putatunda's research was initially funded by a grant from the National Science Foundation (award number 0854962), and more recently received funding from the New Economy Initiative's (NEI) Technology Development Incubator Program aimed at accelerating feasibility studies necessary for licensing, industry partnerships and start-up opportunities. The NEI funding opened the door to a license agreement, and the birth of Detroit Materials, Inc.

The company was founded by Pedro Guillen in his role as entrepreneur-in-residence for the Detroit Technology Exchange, with direct financial and administrative support from Detroit Innovate, a new venture fund based in southeast Michigan.

Guillen, Chief Executive Officer of Detroit Materials, specializes in corporate innovation strategy and new technology commercialization. He has over 15 years of product development and innovation experience in automotive, defense, off-highway and clean energy markets. He has led engineering teams developing proof of concept technologies and demonstrator vehicles for the Department of Defense, as well as founded two successful start-ups.

"I am excited about the launch of Detroit Materials and the many opportunities that this new company will have to advance industries utilizing high strength steel," said Hilary Ratner, Ph.D., vice president for research at Wayne State University. "We have begun to reap the benefits of the changes that we've put in place in technology commercialization over the last several years, and the translation of Dr. Putatunda's research into the marketplace is just one example of the great things happening at Wayne State University."


Contact: Julie O'Connor
Wayne State University - Office of the Vice President for Research

Related biology news :

1. $1.7 million NIH grant to Wayne State to discover treatments for methamphetamine-abuse
2. Wayne State receives grant to advance ecological restoration efforts in the Great Lakes
3. Research led by Wayne State discovers single gene in bees separating queens from workers
4. Wayne State discovers potential treatment for better heart health in hemodialysis patients
5. Wayne State cholesterol study shows algal extracts may counter effects of high fat diets
6. Wayne State discovers potential treatment for skin and corneal wound healing in diabetics
7. Wayne State researchers discover specific inhibitor for rheumatoid arthritis treatment
8. Wayne State receives grant to reduce emissions of toxins by power plants into Great Lakes
9. Wayne State receives NSF grant to develop plan for field-based water research center
10. Wayne State welcomes undergraduates from around the US for physics research experience
11. Wayne State University startup, Advaita, to participate in new Michigan I-Corps program
Post Your Comments:
(Date:2/27/2019)... ... February 27, 2019 , ... Fluxion Biosciences, a leading developer of precision ... National Cancer Institute grant for further development of its ERASE-Seq liquid biopsy technology. The ... the lab of Dr. Omar Mian at the Cleveland Clinic. , Liquid biopsies offer ...
(Date:2/22/2019)... Wisc. (PRWEB) , ... February 21, 2019 , ... Clean ... is now expected when creating natural foods and beverages. It is quite common to ... fine print. Yet, meat products are not immune to this label scrutiny. , ...
(Date:2/19/2019)... ... February 19, 2019 , ... ... Mark Hozza as Chief Commercial Officer of the life science research and advisory ... performance, strategy, and alignment of all market research and media revenue operations in ...
Breaking Biology News(10 mins):
(Date:3/9/2019)... ... March 07, 2019 , ... ACEA ... the development and commercialization of high performance, cutting-edge cell analysis platforms for life ... with GLP-certified expertise in cardiovascular pharmacology and electrophysiology, are announcing a partnership to ...
(Date:3/4/2019)... ... ... hot topics through free webinars presented by leading experts in pharma, biotech, medical device and ... save your place! Participate in the discussion and stay relevant in your field! , Visit ... March 20 – Implementing BYOD Across Phase II and III Clinical Trials , ...
(Date:2/22/2019)... ... February 20, 2019 , ... ... , an emerging leader in the rapidly growing NGS (Next Generation Sequencing) field, ... Murrieta Genomics laboratory and incubator. , "As an innovation center and idea incubator, ...
(Date:2/16/2019)... , ... February 14, 2019 , ... ... analytics, and knowledge sharing capability that also provides the flexibility for users to ... functionality. It also provides a shared workbench to conduct quick analytics on near-real-time ...
Breaking Biology Technology: