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USTAR Companies Recognized at 16th Annual Utah Innovation Awards

Over half a dozen Utah Science Technology and Research Initiative (USTAR) supported companies and technologies were recognized on Thursday as winners, finalists, and honorable mentions at the 16thannual Utah Innovation Awards, presented by Stoel Rives LLP and the Utah Technology Council. Companies supported through USTAR grants, Rosivo, Blacksand Technology, and EDX Magnetics, each won their award categories.

We are honored to see so many companies we work with be recognized at the Utah Innovation Awards,” said Ivy Estabrooke, Ph.D., executive director of USTAR. “It is rewarding to see the endless appetite for innovation here in Utah. Few people understand the challenges to take an idea all the way to product. These awards recognize the hurdles that have been overcome to provide important technological advancements, grow our state’s innovation ecosystem, and diversify Utah’s technology economy.”

Electro-Dynamic Eddy Current Sorting by EDX Magnetics was the winner in the Clean Technology and Energy category. EDX Magnetics is based on a platform technology supported by a USTAR University Technology Acceleration Grant (UTAG) to University of Utah professor Raj Rajamani. The technology was then licensed to EDX Magnetics, a Utah company and winner of a USTAR Technology Acceleration Program (TAP) grant. The awarded innovation uses physics-based techniques to autonomously sort shredded scrap metals, including valuable rare earth metals. Current industry practice is to ship e-waste and other metals to China to be sorted by hand.

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