Phononic’s Cooling Chip Became An Essential Tool During The Coronavirus Pandemic

October 12, 2020

 

Tony Atti by Evan Kafka for ForbesNear the end of last year, Phononic’s Tony Atti set up a strategic plan for the year 2020, which involved three areas of expansion for his company’s unique thermoelectric cooling technology. Like many companies, the Covid-19 pandemic changed Phononic’s plans. Unlike many companies, it didn’t change its plans because they were thrown into disarray, but rather because they were kicked into high gear. 

The Durham, North Carolina-based company, which last year pulled in revenue that Forbes estimates around $10 million, is on track to nearly double in 2020. That’s in large part because the pandemic has accelerated the growth of three markets that use Phononic’s products: 5G telecommunications, grocery delivery and healthcare... 

Read full article by Alex Knapp from Forbes.com

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