1366 Technologies, an MIT spin-off focused on engineering and manufacturing advanced silicon solar cells, today announced the company will host a grand opening reception on October 16 to debut its new Lexington, MA manufacturing facility.
MIT spin-off 1366 Technologies is the winner of a startup competition at Greentech Mediaâ€™s PV Annual 2008 conference near Boston.
On Wednesday, panelists Jeff Andrews (Atlas Venture), Rob Day (@Ventures) and Jay Fiske (Massachusetts Green Energy Fund) named 1366 as the most promising of five solar startups that presented their technologies and business plans at the conference.
MIT Professor Ely Sachs Aims to Beat Coal with Improved Silicon Solar Cell Manufacturing
1366 Technologies, a new MIT start-up aiming to make silicon solar cells competitive with coal, today announced it has secured $12.4 million in a first round of financing co-led by North Bridge Venture Partners and Polaris Venture Partners.