Royole and Airbus Enter Partnership on Flexible Electronic Technologies for Aircraft Applications

SHENZHEN, China and FREMONT, Calif., Dec. 10, 2018 /PRNewswire/ -- Royole Corporation and Airbus China Innovation Centre (ACIC) have formally signed a strategic memorandum of understanding (MOU). The two parties will collaborate to develop applications that implement flexible electronic technologies in various environments and investigate the possibilities for commercial cooperation.

"We are excited to be working with one of the leaders in global aircraft manufacturing to explore flexible display and flexible sensor applications in the aircraft. Royole's Flexible+ Platform will bring both new capabilities and user experiences to the aircraft industry," stated Dr. Bill Liu, Royole Founder and CEO. "Our goal is to further enhance the flight environment, improve safety and energy saving, and create a futurised, digitalized and personalized flight experience for Airbus passengers."

Royole's Flexible+ Platform
Royole's Flexible+ platform puts the company in a leadership position in today's ever-evolving technology space. It has forever changed the way humans interact with the world around them and the ways in which they view entertainment and information content. 

• Flexible Display Technology
  Royole's proprietary flexible displays are thin, lightweight, flexible and bendable, creating unique functionality and new applications. They feature high-resolution and high color saturation for stunning image clarity and quality. Royole's flexible displays are produced at the company's new quasi-G6 mass production campus in Shenzhen, China, a 100% self-designed, R&D and manufacturing facility with a total investment of around $1.7B. Production capability exceeds 50-million fully flexible display units per year. 
• Flexible Sensor Technology
  Royole has also developed and mass produced flexible sensor technology that delivers high-precision, linearity, and sensitivity. The company is well known for its ability to provide customers with diverse products and solutions, fast turnaround time, short production cycles, and low costs. Royole sensors are fully compatible with flexible and traditional applications and deliver a bending radius of just 1-3mm that is operational even after 200,000 bends.

About Airbus
Airbus is a global leader in aeronautics, space and related services. In 2017 it generated revenues of € 59 billion restated for IFRS 15 and employed a workforce of around 129,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world's leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

Based in Shenzhen, Airbus China Innovation Centre is the first Innovation Centre set up by Airbus in Asia. Its mission is to fully leverage local advantages including innovative talents, partners and the eco-system, and combine this with Airbus' expertise in aerospace to explore breakthroughs in technologies, business models and new growth opportunities. ACIC is now fully operational with the official office opening ceremony due to take place in early 2019.

About Royole Corporation
Founded by Stanford engineering graduates in 2012, Royole's mission is to improve the way people interact with and perceive their world. The company creates and manufactures next-generation human-machine interface technologies and products including advanced flexible displays, flexible sensors, and smart devices. Technology milestones include the world's thinnest full-color AMOLED flexible displays and flexible sensors (2014), the world's first foldable 3D mobile theater (2015), the world's first curved car dashboard based on flexible electronics (2016), the first smart writing pad, RoWrite, based on flexible sensors (2017), the volume production of Royole's quasi-G6 mass production campus for fully flexible displays (2018), and the world's first commercial foldable smartphone with a fully flexible display, FlexPai (2018).

Royole has received numerous global awards for its technological innovations and fast growth. Holding over 2000 IPs, it provides IP licenses, services, mass production, and solutions for flexible electronics applications with its novel "Flexible+" platform. Royole, backed by leaders in global finance, has begun producing fully flexible displays in volume from its 1.1-million-square-foot quasi-G6 mass production campus in Shenzhen, China with a total investment of $1.7B. Royole has offices in Fremont, CA, Hong Kong, and Shenzhen, China. For more information, please visit: www.royole.com.

PR Contact:
Susan van Barneveld/Andrew Wille
Copernio
(714) 891-3660/(847) 917-3174
royole@copernio.com

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SOURCE Royole Corporation