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Courtesy of Paramium Technologies
Among the startups recognized was Paramium Technologies, a startup based on a method for shaping precision metals that was developed in the James C. Wyant College of Optical Sciences.
The company received a finalist award of $5,000 in the science and technology category and was selected as a runner-up for the People s Choice award.
Justin Hyatt, a senior research associate at the university s Steward Observatory and former student of renowned inventor and Regents Professor
Roger Angel, led the development of the new technology, which the startup will initially use to precisely and inexpensively manufacture custom antennas.
TLA performed patent and market analyses for the technology, then formed a team to help Hyatt through the formation of the startup, eventually licensing the patent to the newly formed company.
In February 2020, mere weeks before COVID brought the nation to a near halt, the University of Arizona broke ground on their Tech Park at The Bridges, a 350-acre multi-use development in southern Tucson for technology companies and the university community. The complex is intersected with roads like âCatalyst Driveâ and âInnovative Street,â and though 2020 was a strenuous year for the university system, their alignment to those ideals means The Bridgesâ development remains on track.Â
Tech Parks Arizona operates interactive grounds for technology companies and university talent to collaborate and advance research. Beyond the new park The Bridges, they also operate the UA Tech Park at Rita Road and the UA Center for Innovation. These parks work to recruit companies and startups with connections to the UA to locate at their facilities. Though COVID turned many industries on their head, 2020 remained an efficient year for them.Â