NEWS AND INSIGHTS
Arctura Awarded $1.15 Million Grant from U.S. Dept. of Energy
Arctura has won a $1.15-million Phase IIB SBIR grant from the U.S. Department of Energy (DOE) to commercialize a new blade coating designed to reduce the damage to wind turbine blades caused by lightning.
Slater-Backed Company Acquired by Novartis
The Slater Technology Fund, Rhode Island’s oldest and most active seed-stage investment fund, applauds the team at Cadent Therapeutics, who today announced that the company has entered into an agreement to be acquired by global healthcare giant Novartis [NYSE: NVS] in a deal worth up to $770 million.
