Cambridge Nanotherm goes bust but IP set for sale
Cambridge Nanotherm, which makes advanced aluminium nano-ceramic substrate technology for the thermal management of electronic applications, has gone into administration.
Colin Hardman and Henry Shinners of Smith & Williamson LLP, have been appointed as joint administrators. They are currently finalising the sale of the company’s Intellectual Property.
In 2014 the company opened the world’s first electro-chemical nano-ceramic production line for electronic substrate solutions at a new facility in Haverhill.
The first application of this technology is effective heat dissipation for LED lighting; this has been proven to reduce the operating temperature by 20 per cent which can extend the life of an LED or allow it to be driven harder to produce more light per device and be more energy efficient.
The next production line is already being planned so that this unique technology can be extended to other applications such as thermal management for power electronics and other electronics applications.
Cambridge Nanotherm Ltd’s R & D engineers started to develop the technology back in 2010 and from there were recognised with a Frost & Sullivan award for innovation in 2013.
The company took the technology from R & D to production in just three years helped by a grant from the Technology Strategy Board. Why the business hit the buffers has not been disclosed.