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March 17th, 2005
Starfire Systems, Inc., through an option exercised by Harris & Harris Group, has secured another $500,000 in funding.
So far to date, Harris & Harris, a well-known investor in micromachine technology, has invested $750,000 in the company.
Starfire Systems offers silicon carbide (SiC) forming polymers for the manufacturer of advanced ceramic materials.
These materials have applications in automotive, transportation
and microelectronics. Starfire demonstrated last year that its technology can improve the fuel economy of an SUV significantly.
An SUV equipped with brakes based on its ceramic material, had a fuel economy rating that was rated at 8 percent per axle.
The improved fuel economy was attributed to the lower weight of the brake rotors – which only weigh 25 percent of traditional
rotors. Micromachines are another area that is expected to benefit from Starfire’s technology. The silicon carbide material,
because of its anti-wear resistance, high temperature capability and sturdiness, may allow a new breed of high powered microengines
and micro steam engines to be built. These engines are used to power toy planes and cars.
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