CHASM Advanced Materials and Aon Close $25 Million Intellectual Property-based Finance Deal
Summary
We are delighted to work with Aon as we enter this next phase of our company’s trajectory.” AgeNT™ transparent heater films are being integrated into headlights, windows and grille areas of transportation vehicles to uniformly and quickly heat up these surfaces for defogging and de-icing. CHASM-H2O™ membranes are being developed to make reverse osmosis (RO) systems for water purification and desalination dramatically more efficient and affordable for people, industry and agriculture. “The ability to access capital based on the true value of an organization’s IP portfolio can open a vast number of doors for companies of all stages and industries.” “Aon is excited to collaborate with CHASM and their talented management team as they expand the delivery of their IP-driven product sets to the market,” said Randy Sidhu, senior managing director, IP Lending at Aon. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. Also, when Aon uses the words such as "anticipate", "believe", "estimate", "expect", "intend", "plan", "probably", "potential", "looking forward", or similar expressions, it is making forward-looking statements.