REMADE Announces New Technology License
ROCHESTER, N.Y., Aug. 24, 2022 /PRNewswire/ -- The REMADE Institute, a 154-member public-private partnership established by the United States Department of Energy (DOE) with an initial investment of $140 million, today announced a new technology license involving a technological innovation capable of recovering precious metals from used electronics more easily and cost-effectively.
- The innovation, developed with REMADE support, is part of a research and development project first funded by the Institute in 2020.
- "Congratulations to the entire project team, including the researchers with Virginia Tech, the team at Phinix, and our tech team at the Institute," said REMADE CEO Nabil Nasr.
- "A new technology license is a great accomplishment, and we believe it will be incredibly valuable to U.S.-based electronics recycling companies."
- REMADE Chief Technology Officer Magdi Azer said the tech license is another milestone for the public-private partnership, which seeks to increase the reuse, remanufacturing, recycling, and recovery of four energy-intensive materials: metals, polymers/plastics, fibers/papers, and e-waste.