Canatu signed a licensing agreement with DENSO

Canatu has announced a licensing agreement with DENSO Corporation. This non-exclusive licensing agreement consists of Canatu CNB™ film manufacturing for heaters used in, for example, autonomous cars. The joint development and manufacturing both in Finland and Japan serve the customers of Canatu and DENSO Corporation.

The meaning of sensor heaters will increase when the evolution of automotive industry moves towards autonomous driving. The sensors controlling the driving must be reliable in any weather.

“This long-term licensing agreement is very important step for Canatu. We are very delighted about this deep collaboration with DENSO. It shows the tremendous value of the CNB technology and the intellectual property that has been developed by Canatu in Finland. This is one important milestone in making Canatu’s solutions to industry standard for the sensor heaters of autonomous driving. Additionally, it allows us to invest further for CNB technology”, says Canatu CEO, Juha Kokkonen.

“We believe this technology is very important in the cars of the future and it supports our vision of the future’s mobility. We have done calculations with the material and we trust the unique technology can be used in several product areas of future driving”, says Hirotsugu Takeuchi, Executive Director, DENSO Corporation.

DENSO Corporation is a leading automotive supplier for advanced technology, such as thermal products. Canatu is a designer and manufacturer of 3D shaped, transparent conductive films for heater and touch solutions. The parties do not disclose the value of the licensing agreement.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has approximately 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 billion. Last fiscal year, DENSO spent 8.8 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About Canatu

Canatu’s solutions bring the design freedom and user experience to the next level for 3D shaped touch devices and enable autonomous driving in any weather. Canatu develops and manufactures innovative 3D formable and stretchable films and sensors for touch and heater solutions. These transparent and conductive films can be integrated into plastic, glass, textile or leather enabling 3D touch displays, smart switches and other intuitive user interfaces as well as 3D shaped heater solutions.

Canatu supplies these unique CNB™ films and touch sensors to touch module vendors and OEM’s in several industries, for example automotive and consumer electronics. Canatu is headquartered in Finland, with sales locations in Europe, US, China and Taiwan, Japan and Korea.

Canatu – Shaping surfaces into experiences. www.canatu.com