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Kateeva chairman and CEO Alain Harrus, PhD noted how OLED technology first transformed the viewing experience by giving spectacular color quality and brightness to rigid displays on mobile phones. “Now, it’s giving extraordinary new shape, lightness and thinness to those products and others that have yet to be invented,” he said. “Kateeva started enabling this ‘freedom from glass’ display innovation in 2008 when our founders began pioneering a superior mass-production equipment solution for OLEDs. Today, Kateeva tools are positioned in top OLED manufacturing fabs. Our investors were stalwart partners along the way. We’re grateful for their support, and we welcome our new investors.” Flexible OLED is the first major application for Kateeva’s YIELDjet platform, according to president and co-founder Conor Madigan, PhD. “Next up is OLED TV,” he said. “Having mastered the technical challenges of mass-producing Thin Film Encapsulation (TFE) – the layer that gives thinness and flexibility to the OLED device, we’re now applying YIELDjet technology to help display manufacturers mass-produce the OLED RGB layer, which enables OLED TVs. The new funds will accelerate new product development, and support ongoing R&D.” Kateeva makes breakthrough production equipment for manufacturers of advanced electronics technologies. The company has pioneered a precision deposition technology platform that uses innovative inkjet printing to deposit coatings on complex applications with blinding speed and superb accuracy. Technology leaders use Kateeva’s solution to enable cost-effective mass production of flexible and large-size OLED displays, among other cutting-edge products. The company is headquartered in Newark, California, and has field offices in Korea.]]>