Industrifonden provides start-up finance for state-of-the-art technology from Uppsala

Industrifonden has invested four million SEK in the Uppsala based ScandiNova Systems AB, a company that has developed a new type of high power pulse generator based on Solid State technology. This ScandiNova generator delivers high voltage pulses and can be used for cancer therapy by radiation enabling better precision in the treatment. Other application areas are pulsed Radar Systems, Laser-systems, EMP-systems (Electro Magnetic Pulse) and research accelerator systems that are being used at CERN (Switzerland), SLAC (USA), MAX-LAB (Sweden), DESY ( Germany), KEK (Japan) etc.

ScandiNova is the first company in the World to offer Solid State technology for building a reliable pulse generator for very high power levels. The reason that Solid State technology has not yet been used worldwide for this application is the problems associated with using Solid State switches to handle high voltage reliably. ScandiNova has solved this problem in a novel manner and filed a patent application . It is now possible to build more reliable and compact apparatus with lower cost of ownership than those built today, that use electron switch tubes.The new pulse generator opens up many new application fields. Radiotherapy is one of them, E-beam sterilization is another. Others can be E-beam material modification, Radar applications or Laser technology. The product development is done in close collaboration with the leading research laboratories.- With its "front-line-technology" ScandiNova is well placed to take advantage of the situation, when the companies that use modulators in their products are switching over to Solid State technology, says Sven Röjwall, responsible for investments at Industrifonden. The company has the opportunity to become a very successful Swedish export company.ScandiNova was founded in 2001 by Mikael Lindholm, David Woodburn and Walter Crewson, three engineers with long experience of Pulse Power. The investment by Industrifonden, a so called "start-up investment", is the first external financing for the company.Professor Tord Ekelöf, in charge of the High Energy Physics program at the Uppsala University and also a consultant at CERN in Switzerland, thinks that the technology by ScandiNova is a powerful and exciting break-through and believes that ScandiNova will have a successful future.- With such a well established and long term focused investor as Industrifonden by our side, we will be able to develop and refine our technology and reach the market faster, says Mikael Lindholm, President of ScandiNova. His goal is to get production started during 2003.