SunDensity wins the ‘Company of the Year 2020’ award along with a $1 Million investment from Luminate NY

The NY Governor’s Office announced SunDensity as the winner of Round 3 of the Luminate NY competition. SunDensity received the “Company of the Year” award along with $1 million in investment from New York State through the Finger Lakes Forward Upstate Revitalization Initiative. Luminate NY, which is administered by NextCorps, is the world’s largest business accelerated for startup firms that have optics, photonics, and imaging enabled technologies. 

“Luminate NY’s strategic investments in these emerging companies have upheld New York as a worldwide leader in optics, photonics, and imaging,” the Governor said. “I congratulate SunDensity on winning Round 3 of the innovative Luminate NY competition and look forward to the company contributing to the growth of our region’s OPI industry, which will continue to help move the Finger Lakes economy forward.”

On behalf of the SunDensity team, Dr. Nish Sonwalkar, the founder and CEO said “We are really delighted to win this award. With this support, SunDensity is on its way to great success in New York State and beyond.” Talking about their plan to set up their own lab and pilot coating line in the next 8 to 12 months, Sonwalkar added, “We are situated within a great photonics knowledge base and workforce that we will employ to grow our company.”

About the company: SunDensity has developed the groundbreaking Photonics Smart Coating (PSC) that significantly enhances the efficiency of solar panels thereby reducing the cost of production. The goal of the company is to save the planet by enabling the widespread adoption of solar energy to reduce carbon emissions. Contact: Please email info@sundensity.net for any queries or additional information.