COMPANY
History and Business Model
History
- 2017.07
-
Ministry of SMEs and Startups
venture-success-package fund
- 2018.03
-
Awarded commissioned Ultralow k
research contract from SEMES
- 2018.05
-
Awarded commissioned Hydrocarbon-based
polymer membrane for PEM fuel cell research
contract from LG Chem
- 2018.07
-
Ministry of SMEs and Startups
venture-success-package fund
Commercialization plan
Since MIDAS MATERIALS was founded on the basis of the university's latest research technology,
technology verification process and funding for mass production is required.
- Technology verification and 1st round of funding 2018 - 2019
- Pilot test and 2nd round of funding 2020 - 2021
- Mass production and product sales 2021 ~
- Technology verification : Collaborative research with companies to verify data obtained from the lab
- Ultralow k: Collaborative research with SEMES (~18.10)
- Nanocomposite membrane for fuel cell: Collaborative research with LG Chem (~18.12)
- Solid Polymer Electrolyte for next-gen battery: Technology verification (expected 18.07)
- Additional IR and 1st round of funding (China, U.S.A., and etc.)
- Pilot scale production : Basic materials, formulation, and final products
- 1st phase: Utilize internal & external facilities (reduce process time)
- 2nd phase: Acquire manufacturing technology for mass production
- Additional collaborative research and production
- Secure distribution channels
- Develop mass production facility (Some processes can be outsourced)
- Mass production and sales of basic materials and final products
- Set new research targets and invest in new product lines
- Secure additional distribution channels