NuMat and Idaho State University join together for world-class research and development
June 18, 2015
POCATELLO – NuMat, Inc. announced that it has reached an agreement with Idaho State University to conduct joint research and development centered at the Research and Innovation in Science and Engineering (RISE) Complex in Pocatello, Idaho, with the goal of commercializing advanced technologies.
On June 1, Idaho State University and NuMat, Inc. signed a Technology Development and Licensing Agreement to work together to conduct research and development in a variety of technical areas at the RISE Complex, including: advanced manufacturing, medical isotope production, and materials science.
“We are very excited to collaborate with Idaho State University. Working together will allow us to conduct world-class R&D and expand our business,” said NuMat President Joe Nause. “Idaho State University has unique capabilities at the RISE complex that we feel are perfect for our work in bringing high-quality, specialized materials to the market while also conducting leading-edge R&D on exciting applications that take advantage of these advanced materials. We want to thank ISU President Dr. Vailas and ISU Vice President for Research Dr. Van der Schyf for their efforts in developing this relationship and we look forward to a long and mutually beneficial collaboration.”
ISU officials expressed their satisfaction with the agreement.
“The partnership that Idaho State University has entered into with NuMat will benefit both parties, as we capitalize on each other’s strengths in discovering new knowledge and creating new products,” said Cornelis Van der Schyf, ISU vice president for research and dean of the Graduate School. “The ultimate winners will be the public, who will benefit from the advanced technologies that will be developed.”
“I am excited to be working with NuMat,” said Eric Burgett, director of the RISE Complex and ISU associate professor of nuclear engineering. “They have a vision for developing new and exciting applications for technologies I have been working on in the lab. With them, I think we can bring new inventions into the market and eventually make a positive difference in people’s lives.”
NuMat Inc. is a world-class, R&D and specialized materials fabrication firm; a small business with big ambitions. Our calling is to develop technologies that will serve and benefit humanity and use the profits to love and serve our neighbors. We use proprietary techniques to create high-quality crystals, substrates, and semiconductors from advanced materials in large sizes demanded by industry, government, and academia. We conduct leading edge R&D to create valuable intellectual property by inventing applications for these materials and maturing them for commercialization, either in-house or through licensing for fabrication and distribution. We support our licensees with needed technical insights so we can succeed together. Our technical expertise lies in the fields of materials science, advanced manufacturing, ion accelerators, advanced sensors, and radiation detection. Headquartered in Petal, MS, NuMat Inc. is working to develop R&D and production facilities in Pocatello, ID. More information is available at www.numatinc.com.
Idaho State University
Idaho State University is a Carnegie-classified doctoral research high institution founded in 1901 that attracts students from 49 states and 56 countries to ISU campuses in Pocatello, Meridian, Idaho Falls and Twin Falls. ISU offers more than 250 programs and is the state’s designated lead institution in health professions and medical education.