The U.S. military believes that a Northeast Ohio company has discovered a cheap way to keep rust at bay. And so does a huge South Korean conglomerate called SK Holdings, which plans to invest $55 million in Tesla NanoCoatings over several years. Todd Hawkins obviously agrees with them. He founded the North Canton company, which has created what could be a significantly better way to protect structural steel from corrosion. Tesla NanoCoatings used carbon nanotubes — which are much stronger and lighter than steel — to develop a coating system that appears to be more durable and easier to apply than conventional coatings that use more zinc.
A light-based paint, created in Northeast Ohio, is one of a kind in the world. Medina company, Darkside Scientific, created LumiLor. The product is a patented Electroluminescent Coating System, which is energized with an electrical current. Basically, the paint becomes a light bulb when an electrical current is present. According to Darkside CEO, Shawn Mastrian, LumiLor is the world's first and only Electroluminescent Coating System.
This week the Tech Czar explores the powerful data analytics software developed by Segmint and the rich gaming experiences being fueled by Blue Frog Gaming, both companies calling Akron home.
BoxCast, a Cleveland, OH-based technology company that delivers streaming high-definition video broadcasts, is partnering with 1450WXVW: The Sports Buzz, a radio station based in Jeffersonville, IN, to broadcast Kentuckiana high school football this fall. Together, the companies will offer sports fans access to live HD streaming of local football games, including video, highlights and to-the-minute score updates.
Neurosurgeons at University Hospitals Case Medical Center are working with ex-Israeli Air Force officers on a surgical simulator using the same technology as flight simulators to allow realistic, interactive run-throughs of brain surgeries prior to actual procedures. The surgical simulator, called Surgical Rehearsal Platform (SRP) and developed by the Cleveland-based company Surgical Theater LLC, uploads and transforms medical images, such as CT and MRI scans of patients, into life-like, dynamic and interactive 3D models.
Thermalin Diabetes is picking up steam – and funding – as it develops a more concentrated and faster-acting version of insulin. The Boston and Cleveland-based company just raised $5.9 million from private investors in the first tranche of a Series B round. To date, it has raised about $15 million in equity and $8 million in NIH grants.