Release Date: 07/24/2013
Unique academic-industry partnership will co-develop innovative materials solutions to address emerging market needs
Rogers, Connecticut, July 24, 2013 – Rogers Corporation (NYSE: ROG) and Northeastern University have announced plans to establish the Rogers Innovation Center at Northeastern’s George J. Kostas Research Institute for Homeland Security in Burlington, Mass. This partnership demonstrates the emergence of a new opportunity for university-corporate collaborations aimed at accelerating the commercialization of basic research.
As a global technology leader in advanced materials and components for consumer and power electronics, transportation, telecommunications and defense systems, Rogers’ expertise closely aligns with Northeastern’s focus on use-inspired research in health, security, and sustainability.
The partnership will allow Rogers and Northeastern to leverage their complementary research and development initiatives in advanced materials. Rogers is a world leader in developing and manufacturing unique, high-performance materials used in high-frequency printed circuits, power electronics, impact protection and sealing applications. Northeastern brings to the partnership a broad range of materials research expertise in areas as diverse as super strong carbon fibers and metamaterials designed for invisibility cloaking.
Focused on the earliest stages of technical and commercial development, the Center will foster a collaborative environment for developing new high-tech materials solutions in close alignment with market needs. Robust communications infrastructure is among the initial application areas targeted by the partnership.
Bob Daigle, Chief Technology Officer for Rogers, commented, “Our team looks forward to collaborating with academic researchers in the entrepreneurial environment being created at the Kostas Institute. Together with Northeastern, we are excited to share capabilities and scientific knowledge to create new materials solutions that will help power, protect and connect the world in new and better ways.”
To be completed by year-end, the Innovation Center will be housed in 4,000 square feet of the 70,000 square foot Kostas Institute and will include laboratories, conference rooms, and office space for both Northeastern faculty members and a core team of R&D, marketing, and new business development professionals from Rogers. The co-location of personnel and the modern “open-office” structure are intended to encourage corporate-academic collaboration, and innovation from basic research through commercialization. The Center will also provide a unique opportunity for Northeastern students to gain first-hand insight on the inner workings of industry.
“We are incredibly excited about this unique partnership with Rogers Corporation, one that can be a model for how universities and corporations should interact in the future for the benefit of both parties,” said Melvin Bernstein, Senior Vice Provost for research and graduate education. “The benefits of co-locating researchers from both entities include identifying research projects that both meet academic standards and market needs, helping to prepare a skilled workforce and successfully addressing joint and separate intellectual property issues. This partnership provides a template for addressing the national need to better leverage the intellectual prowess and innovative university environment to improve industrial competitiveness,” he added.
In addition to the research, development and commercialization activities, Rogers has committed to providing substantial, multi-year funding for Northeastern research programs and graduate student education.
About Rogers Corporation
Rogers Corporation (NYSE:ROG) is a global technology leader in specialty materials and components for consumer electronics, power electronics, mass transit, clean technology, and telecommunications infrastructure. With more than 180 years of materials science and engineering experience, Rogers provides product designers with solutions to help them power, protect and connect our world with greater reliability, efficiency and performance. Rogers’ three core businesses include Power Electronics Solutions for high-voltage rail traction, energy efficient motor drives, wind and solar power conversion; High Performance Foams for cushioning, sealing and impact protection in tablets and smart phones, aircraft, rail and automotive interiors, sporting goods, apparel and gear; and Printed Circuit Materials for wireless infrastructure, power amplifiers, smart antennas, and radar systems for automotive and defense applications. Headquartered in Connecticut (USA), Rogers operates manufacturing facilities in the United States, China, Germany, Belgium, Hungary and South Korea, with joint ventures and sales offices worldwide. For more information, visit www.rogerscorp.com.
About Northeastern University
Founded in 1898, Northeastern is a global, experiential, research university. Our tradition of partnership and engagement creates a distinctive approach to education and research built on the values of experiential learning, innovation, and entrepreneurship. Northeastern is the recognized leader in experiential learning, anchored in the world’s most innovative cooperative-education program. We offer students opportunities for professional work, research, service, and global learning across the United States and 91 other countries. The same spirit of real-world engagement guides a use-inspired research enterprise that is strategically aligned with three global imperatives: health, security, and sustainability. Northeastern offers a comprehensive range of undergraduate and graduate programs leading to degrees through the doctorate in nine colleges and schools, and select advanced degrees at graduate campuses in Charlotte, North Carolina, and Seattle.
Rogers Investor Contact: William J. Tryon, Director of Investor and Public Relations
Northeastern University Contact: Renata Nyul, Director of Communications