One area of invention focus for Intellectual Ventures has been around developing and commercializing metamaterials, which are artificial materials that can manipulate electromagnetic radiation in a variety of useful ways.
In 2012, we spun out Kymeta, a company that develops Metamaterials Surface Antenna Technology (MSA-T), to enable satellite connected broadband Internet on the go, anywhere in the world. A year later we spun out a second matamaterials technology company, Evolv, which commercializes metamaterials-based imaging and detection technology for use in airports and other high-risk facilities.
We also established the Metamaterials Commercialization Center, which is a team of engineers, physicists, and scientists dedicated to furthering the development and commercial readiness of our metamaterials inventions.
With the launch of Echodyne, IV's third metamaterials spin-out and fourth overall, we've added the next chapter in our metamaterials story. Echodyne is focused on brining metamaterials-based technology to market, and is led by co-founders Eben Frankenberg (CEO) and Tom Driscoll (CTO), two former IV colleagues.