What are technology/solution areas that you have a primary interest in?
LORD is interested in clean, smart, strong and small technology solutions. We focus on material sciences, chemical products, electronic sensing systems and technologies for motion/vibration control.
What level of commercial maturity do you typically look for when making an investment?
We focus on technology readiness (TRL) above 6 with well identified market applications and engaged customers
Please describe your firm’s Innovation model and how this model helps to find new innovations.
We use a model that follow the “want, find, get, manage” approach. The primary focus is placed on identifying customer wants/needs in the market and finding technical or product solutions to address this need.
Why work with TechConnect and the National Innovation Summit as a technology and early stage company prospector? Who are you looking to meet with?
We find the TechConnect National Innovation Summit and the SBIR conferences to be good sources of new technology. By bringing these early phase SBIR companies all together in one place, it is a cost effective way to quickly explore new opportunities for our company.