This addition to Solarmer's management team comes as Solarmer transitions into the fully operational R&D phase of its growth. The company's near term goal is to demonstrate a commercial grade prototype of its proprietary technology in 18 months. This prototype will demonstrate 8% efficiency and 3+ years lifetime in a solar cell that is at least 50 sq. centimeters.
"We have spent the last 12 months growing the company's product development team and developing our technology roadmap. It is time to ensure that there is full time stewardship of the important IP portfolio we have been developing," said Woolas Hsieh, founder and President of Solarmer.
Ms. Lozofsky will also be responsible for developing strategic partnerships for the company. These partnerships will be crucial to providing Solarmer with certain key technologies and product development support that, when combined with the company's core competency in device engineering, will result in a shorter time to market.
"Dina's expertise in IP and building relationships around IP will round out the operational, managerial, and manufacturing expertise of the current team," stated Edward Chen, CEO of Solarmer. "We are looking forward to working with her to take the company to the next stage."
Ms. Lozofsky received her BSc in Aerospace Engineering from MIT, her MBA from USC's Marshall School of Business and is a registered Patent Agent. Prior to joining Solarmer, she was the Director of Technology Commercialization at the California NanoSystems Institute at UCLA and an Associate Vice President in the Semiconductors & Optoelectronics Group at BTG International, whose mission was to develop and commercialize innovative technologies invented at universities, national labs, and corporations.