DENMARK/USA: Danfoss is set to deploy new surface modification technology on its microchannel heat exchangers.
A partnership agreement, signed last month with US company Nelumbo, follows Danfoss’ investment in the California-based company last year. Together the companies plan to develop and produce advanced, customised solutions for the air conditioning and refrigeration market.
Founded in Berkeley in 2015, Nelumbo has developed a special surface treatment technology that can be used for improved heat exchanger performance and corrosion resistance. Products include Ice-Nein, which is said to reduce defrosting times, maintaining a cleaner operation and improving energy performance, and Omniphobe, a coating for air conditioning coils, keeping them clean and dry, and boosting efficiency.
“The demand for this technology is growing, and we are excited about the potential,” said Lars Rasmussen, vice president, Danfoss Cooling Heat Exchangers. “With this strategic partnership we take the next step in bringing the technology to market, and ensure that we have all the necessary agreements in place to be able to expand the collaboration with Nelumbo.”
“Our business model is to develop strategic partnerships with leaders in markets of interest to us and we are delighted that our first one is with Danfoss,” added Liam Berryman, Nelumbo’s CEO.
Danfoss was one of the investors in Nelumbo’s Series A offering last year. The $5.5m raised enabled the start-up to open its new 8,000ft² headquarters in Hayward, California. The facility includes an R&D lab and testing centre, and a pilot production plant capable of sending commercial scale product direct to customers.
The new partnership agreement was signed in a meeting at Danfoss’ Hamburg office in the presence of Jürgen Fischer, President, Danfoss Cooling; Liam Berryman, CEO, and Lance Brockway, CTO, Nelumbo; and Lars S Rasmussen, vice president, Danfoss Cooling Heat Exchangers.
Danfoss invests in US coil coating firm – 27 June 2018
USA/DENMARK: Continuing to invest in new technology, Danfoss has acquired a minority stake in Nelumbo, a California-based developer of heat exchanger surface treatment technology. Read more…