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April 27, 2015 2:14 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of 1366 Technologies, Inc.

Company Overview

1366 Technologies, Inc. operates as a solar technology company that develops and manufactures silicon photovoltaic wafers for solar cell manufacturers. It develops Direct Wafer, a technology that forms a standard multi-crystalline wafer directly from molten silicon. 1366 Technologies, Inc. has a strategic partnership with Hanwha Q Cells Co. The company was founded in 2007 and is based in Bedford, Massachusetts.

6-8 Preston Court

Bedford, MA 01730

United States

Founded in 2007

Phone:

781-861-1611

Fax:

617-818-6996

Key Executives for 1366 Technologies, Inc.

Co-Founder, Chief Executive Officer, President and Director
Co-Founder, Chairman of Scientific Advisory Board, Chief Technical Officer and Director
Chief Operating Officer
Age: 51
Vice President of Business Development
Vice President of Manufacturing
Compensation as of Fiscal Year 2014.

1366 Technologies, Inc. Key Developments

1366 Technologies, Inc. Announces Executive Changes

1366 Technologies, Inc. announced a series of personnel changes that underscore its planned shift in focus from technology development to full production and manufacturing. The company has formed a Scientific Advisory Board to be led by co-founder Dr. Emanuel “Ely” Sachs, who is transitioning out of his role as Chief Technology Officer. The company has also added former First Solar President Bruce Sohn to its Board of Directors and appointed photovoltaics veteran Dr. Rob Steeman as its Director of Cell Technology. In his new role as Chair of the Scientific Advisory Board, Dr. Sachs will help to guide the innovative vision and technical direction of the company, building on the strong foundation he helped to establish. Bruce Sohn joins 1366 as a member of its Board of Directors. Mr. Sohn is the former President of First Solar. The company has also appointed photovoltaics veteran Dr. Rob Steeman as its Director of Cell Technology. Dr. Steeman has spent nearly 25 years performing and managing research and development activities related to photovoltaics and solar cells at The Energy Research Center of the Netherlands, Shell Solar and, most recently, REC Solar. Dr. Steeman was responsible for process and equipment engineering of REC’s cell production lines in Singapore, and more recently for REC’s technology strategy, as well as IP, technology benchmarking and technology surveillance.

Hanwha Q Cells Co. Announces Long-Term Strategic Partnership with 1366 Technologies to Improve Efficiency of Solar Cells

Hanwha Q Cells Co. announced that it formed a long-term strategic partnership with 1366 Technologies to boost the efficiency and quality of solar cells while dramatically reducing their costs. Based on the terms of the partnership, the companies will develop 1366 Technologies' proprietary Direct Wafer technology with a plan to commercialize and employ the technology in HQCL's solar cells. The two companies announced they plan to expand their strategic partnership once the Direct Wafer technology is successfully commercialized.

1366 Technologies Appoints Brian Eller as Vice President of Manufacturing

1366 Technologies announced that it has named Brian Eller as Vice President of Manufacturing. In the newly created role, Eller will lead the company's manufacturing operations as the company prepares for the commercial scaling of its innovative Direct Wafer technology. Most recently he served as Vice President of Operations, North America, where he held full P&L responsibility for multiple plants all meeting rigorous Good Manufacturing Process requisites in the United States and Mexi.

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