For those of you new to Octillion here is a quick overview of their technology and business plan:-

Octillion's NanoPower Window technology uses silicon nanoparticles that have the potential to convert normal home and office glass windows into ones capable of converting solar energy into electricity. The silicon nanoparticles are created through a unique electrochemical and ultrasound process that produces identically sized (1 to 4 nanometers in diameter) highly luminescent nanoparticles of silicon that provide varying wavelengths of photoluminescence with high quantum down-conversion efficiency of short wavelengths (50% to 60%).

The Company's confidence in increasing its research and development workforce is based on a number of factors, including but not limited to:

-- The successful development of a protocol for reliably depositing nanoparticles onto glass surfaces using a proprietary electro spray system able to produce nanofilms of controllable thickness. The silicon nanoparticles retained their high efficiency of down conversion of UV light to the visible after being sprayed, a procedure that does not compromise the optical characteristics of the nanoparticles, both in intensity and spectral distribution, a prerequisite for efficient photovoltaic conversion.

-- The successful development of a mechanically stable, see-through lab-scale prototype window, a major milestone achievement.

-- Scientists engineered an early-stage, see-through lab-scale window, which, in important tests, achieved optically active down-conversion and displayed good electrical properties with no electrical shorts.

-- Third-party confirmation that the same silicon nanoparticles used in Octillion's NanoPower Window technology are able to substantially increase the power performance of conventional solar cells by 60-70% in the ultraviolet-blue range and significantly boost power by as much as 10% in the visible light range. ---

This is a VERY exciting company which appears to have a great technology. Of course there is a risk that it's technology could be superseeded over the coming years. Some of these companies will be huge. Many will fade away. With high risk can come huge rewards and I believe this company has a better chance than many.

Updates will be posted as they become available...