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Konarka Technologies has expanded its license agreement with DuPont Displays to cover patents and other IP initially developed by Dr. Alan Heeger, Chief Scientist, co-founder and Director of Konarka as well as related IP in respect to OLED display technology. Konarka has strengthened its position specifically in the area by obtaining sole licensee and sublicense in advanced photovoltaic polymers that the company is developing under its ‘Power Plastic’ product name.

“The acquisition of a preferred position in this intellectual property will help us to further maintain our leadership position in the development of organic photovoltaic technology and the commercialization of ‘Power Plastic’,” commented Rick Hess, President and CEO of Konarka. “Additionally, this will give us further IP protection of the technology in addition to the substantial Konarka patent portfolio.”

“We are very pleased that DuPont Displays’ technology developed as part of our OLED displays effort can also be a part of enabling the advancement of organic photovoltaic technology through this agreement with Konarka,” said William Feehery, President of DuPont Displays.

In 2004, Konarka announced licensing certain intellectual property from DuPont Displays to develop organic polymer-based solar cells.