EDINBURGH, Scotland (July 2, 2008) – Trelleborg A.B.'s Trelleborg Engineered Systems division has signed a $1 million intellectual property license agreement with Microsphere Technology Ltd. to develop paint additives for the aerospace market.
The technology involved is aimed at weight reduction of aircraft paints with the subsequent advantage of significant savings in fuel consumption and carbon footprinting, Microsphere said.
Lennart Johannson, president of Trelleborg Engineered Systems, said combining both companies' technologies and application knowledge opens up opportunities in the market.