Im-Pak Technologies
Chichester
About Im-Pak Technologies
The Im-Pak technology has now been successfully demonstrated on three moulds, a water cup, a paint-can, and on a mould for a pre-form for PET bottles. In January 2006, Im-Pak agreed heads of terms by which a public company will take a licence for the Im-Pak process for use in certain market areas. At the time of writing, the deal has reached draft legal contract stage, and it is expected that the deal will be concluded in May. Im-Pak will receive both regular monthly payments, as advance royalties, plus two lump-sum payments, and will share in royalties generated by licensing the technology round the world. Im-Pak will continue to develop the technology for other applications.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Funding stage: Seed
- Last round: Seed (May 2003)
- Phone: 44 8709 224 180
Industries & Categories
Machinery Manufacturing, Plastics and Rubber Manufacturing
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