DropWise Technologies Corp. is commercializing an innovative new vapor-based coating process and durable polymer materials, developed in collaboration between two leading MIT labs, for protecting heat transfer equipment against fouling and corrosion.
Primary Application Area: Energy, Efficiency
Technology Development Status: Prototype
FIGURES OF MERIT
Value Proposition: Heat exchangers are a crucial part of every thermal fluid system, from the intercoolers and radiators used to cool cars and trucks, to the condensers and evaporators that drive HVAC/R equipment, to the massive boilers and condensers that drive manufacturing processes and power plants. They rely on very thin heat transfer surfaces that are extremely sensitive to even the slightest degree of fouling and corrosion, which creates a process bottleneck and forces operators to either reduce output capacity, consume more energy to compensate, or shut down completely to clean the affected heat exchanger.
For all of these problems, conventional liquid-based anti-fouling and anti-corrosion coatings are far too thick, and often make the problem worse by insulating the heat transfer surfaces. Faced with this unacceptable performance tradeoff, the status quo is to leave the equipment uncoated and to bear the significant costs of the fouling and corrosion that inevitably occur. The market opportunity for DropWise coatings in heat exchanger applications has been assessed by Henkel Corporation, a strategic partner of DropWise with 150+ years experience in the industrial coatings market, to exceed $50Bn annually.
Organization Type: Early-stage Startup (Seed)
Showcase Booth #: 45T
GOVT/EXTERNAL FUNDING SOURCES
Vetted Programs/Awards: MassChallenge 2014 Gold Prize
SBIR/STTR Awards: $150k, NSF, 2015
External Funding to Date: Corporate investment, angel investment