£1.1million investment in quantum nanotechnology for touch sensors

The funds from YFM Group managed Partnership Investment Finance will be invested into ultra thin, quantum effect touch sensors, designed to replace traditional switched in mobile phones, robotics and a range of other devices. Peratech says its Quantum Tunnelling Composite (QTC) technology prevents contacts from wearing out and no air gap to be contaminated with water or dust. Because it is force sensitive, the company says it could open up a range of applications where the current flow is directly proportional to the pressure applied. According to Paratech, this could enable a new type of touch sensitive, human/machine interface to be created. For example, depending on the width of a line being drawn electronically Asian and Chinese characters could be defined more accurately than traditional methods. Philip Taysom, joint ceo of Peratech, said: "In these financially challenging times, it is a real testament to both the QTC technology and the team behind it to have received funding of this level. The Company has invested significant research and development efforts to understand this new class of material science that it has invented. We are now at the stage where its ability to add value and completely new innovative features, which provide significant commercial advantages, are clearly demonstrable as can be seen from the licensing deals that we are closing with tier one international companies."