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Gyrotron Technology Inc. Enters Into Sub-Award and Development Agreement With PPG Industries Inc.

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BENSALEM, PA–(Marketwired – May 12, 2015) – Gyrotron Technology Inc. (OTCBB: GYTI), announced today that it has entered into a Sub-award and Development Agreement (the “Agreement”) with PPG Industries, Inc. (“PPG”). GYTI will assist PPG as a subcontractor in a project majority funded by the Department of Energy (“DOE”) which calls for PPG to demonstrate components of a fabricate-on-demand vacuum insulating glazing manufacturing process. GYTI was retained by PPG to provide expertise relating to microwave heating techniques as applied to glass joining processes. PPG’s contract with the DOE calls for 70%/30% cost sharing between the DOE …read more

Read more here:: http://www.marketwired.com/mw/release.do?id=2018965&sourceType=3

      

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