Solar Antenna technology from NovaSolix: Twice as

PALO ALTO, CA --(Marketwired - April 05, 2017) - NovaSolix today announced the NovaSolix Solar Antenna technology, a disruptive technology enabling solar energy to expand beyond the inherent limitations of photo-voltaic (PV) cells. The NovaSolix Solar Antenna technology converts a much broader spectrum of light waves to electricity than PV through the use of miniature carbon nanotube (CNT) antennas. Prototypes will be available Q4 2017.

The NovaSolix Solar Antenna technology, also known as rectenna, was developed to dramatically improve efficiency, cost, weight and deployment of solar technology, thereby expanding the potential applications of solar energy. Georgia Tech studies of rectenna technology cite theoretical efficiencies of 40-80% -- two-to-four times better than PV.

Initial applications will include fixed wing aircraft, drones and satellites. In future iterations, the NovaSolix Solar Antenna technology will replace PV as the dominant form of solar power. Larry Cooke, NovaSolix's Founder and CTO, said, "PV is closing in on its theoretical limits while solar antenna technology is at the very beginnings of its potential."

"NovaSolix's Solar Antenna technology will provide electricity at a lower cost, on an unsubsidized basis, than any fossil fuel and will be the lowest cost power available," said Cooke.

The NovaSolix team includes industry veterans with decades of advanced semiconductor and process manufacturing experience. NovaSolix early estimates indicate the associated costs of manufacturing their technology could be 80-90% percent less than PV. "We are well advanced in the process of productizing our technology. It will have a tremendous impact on renewable energy that is so critical to our world," Cooke stated.

About NovaSolix Technology NovaSolix has developed a truly revolutionary new solar technology. Initially using micron level semiconductor processing, developed using Stanford Nanofabrication Facility's equipment, NovaSolix has created quartz based chips on which millions of nanometer diameter carbon nanotubes are grown per square inch. These form low impedance antennas coupled to diodes with petahertz cutoff frequencies, the fastest diodes ever built, enough to capture and rectify up to 80% of all sunlight from infrared down to ultraviolet. Replacing the quartz with flexible rolled glass, NovaSolix will create a continuous high volume roll to roll manufacturing process using micron level printing and maskless self-aligning lithography to produce power at a tenth of the cost of existing PV systems.

The Company has filed 7 patents.

About NovaSolix Headquartered in Palo Alto, California, NovaSolix is focused on the development and production of renewable solar energy. The NovaSolix Solar Antenna technology converts light waves to electricity through the use of miniature carbon nanotube antennas. This disruptive technology is over two times more efficient than photovoltaic (PV) cells and is up to 10x more cost effective. For more information: info@novasolix.com or 650.850.1535

© Copyright 2017 NovaSolix Inc., NovaSolix, the NovaSolix logo. Any other trademarks are the property of their respective owners.