11 August Auxadyne is Going to Transform the World, Let Alone Keystone Heights August 11, 2016 By Laura Pavlus General, News Auxadyne, Keystone Heights, Clay County, Clay County Florida, Economic Development, Job Creation, Manufacturing, Clean Technology, xylafoam 0 Clay EDC is ecstatic about Auxadyne's product, Xylafoam, and the lives that it will enhance and completely change as it is applied to so many applications. Still, do you know what we are most excited about? The owners of this company have such a deep love for their community and a thorough understanding of the incredibly hard working local workforce that they strategically chose to keep their company at home in Clay. Drive down to Keystone Heights of Clay County, FL and I dare you not to fall in love. The area is full of natural beauty, but the people will be what draw you. Congratulations Auxadyne! Florida Institute Funds Keystone Heights-based Auxadyne Read Full Article Here GAINESVILLE and BOCA RATON, Fla., Aug. 10, 2016 /PRNewswire-USNewswire/ -- The Florida Institute for the Commercialization of Public Research (the Institute) announced today that it has finalized a funding agreement with Auxadyne, a Keystone Heights-based company with technology developed at Florida State University. The Institute supports new company creation based on publicly-funded research, and bridges early funding gaps for companies spinning out of Florida-based universities and research institutions. Auxadyne is commercializing Xylafoam, a revolutionary auxetic polyurethane foam technology with initial applications in the athletic equipment and medical device markets, for products such as the socks worn by amputees to attach prosthetic devices. The foam forms a self-adjusting shape that allows for constant pressure in dynamic volumetric environments such as swelling and bending. "Conventional high impact resistance pads are hot, heavy, prone to cracking, shearing failures, and crease when bent causing pinch points," said Joe Condon, Auxadyne Chief Executive Officer. "Our mission is to apply our auxetic foam technology to make comfort, protection and performance synonymous in the products we support." "Auxadyne's advanced foam technology is ideal for athletic wear and other applications," said Jackson Streeter, MD, Institute Chief Executive Officer. "The material increases product safety and comfort without sacrificing other properties. We are pleased to support the Auxadyne team as they introduce Xylafoam to the commercial marketplace." About the Institute Formed by the Florida Legislature in 2007, the Florida Institute for the Commercialization of Public Research is a non-profit organization that works collaboratively with the technology licensing and commercialization offices of Florida's state universities and private research institutions to leverage a $2B+ research base and form investable companies that create clean jobs in new industries that are driving the global economy. With funding from the State of Florida through the Department of Economic Opportunity, and through the generosity of mentors, advisors and donors, the Institute provides company building services, and seed funding through the Florida Technology Seed Capital Fund, to promising Florida startups. Fifty-four companies have been funded to date, and the Institute's economic impact through June 30, 2015 was $379 million, a return on investment of 14 times to the State of Florida. About Auxadyne Auxadyne was created in April 2015 for the purpose of commercializing auxetic polyurethane foam technology. Auxadyne has an exclusive licensing agreement with Florida State University for the design, manufacture and distribution of the first commercially available auxetic foam to end-market product manufacturers in a variety of medical device and protective equipment industries. CONTACT: Jane Teague Chief Operating Officer Institute for the Commercialization of Public Research 561-368-8889 firstname.lastname@example.org Attached Files Auxadyne _ Clay Today 8.20.16 10.46 MB Related New Plan and Funding to Remedy Ailing Keystone Lakes Emerges Every year, the shoreline to Keystone Beach on Lake Geneva seemed to move farther and farther beyond the dock. When the lakes left, so did much of the business integral to Keystone Heights’ downtown district, a prized Italian Restaurant turned into a Shell gas station and much of the district’s business space remains hollowed out, vacant. Entrepreneurs Transform Park into Shark Tank The products of Clay County’s growing entrepreneur culture stood on stage Saturday to pitch their products in the inaugural innovation festival Pitch in the Park. MHD Rockland Making Huge Investment in Clay MHD Rockland Inc., parent of MHD Rockland Services, also buys, stores and sales parts for the Lockheed C-130 cargo plane. Todd Falconer is shown here with four C-130 engines at his Keystone Airpark office. Black Creek Project Gets Green Light KEYSTONE HEIGHTS – The St. Johns River Water Management District has approved a contract with an engineering firm for a multi-million dollar project to pipe water from the flood-prone Black Creek near Penney Farms to Lake Magnolia in Keystone Heights. The District approved a design bid from Jacksonville-based engineering firm CDM Smith and will now move to negotiate a contract. Their design work will be due by 2019. First Coast Expressway-Connecting Our Community By the end of 2017, the Florida Department of Transportation will finish buying the right of way needed to begin construction on the second segment of the $2.4 billion roadway that will, when completed, connect Interstate 10 in Duval County to Interstate 95 in St. Johns County. The majority of the 46-mile roadway will run through Clay County, the largest county in Florida without an interstate. Clay County Business Owner, Amy Pope-Wells, Participates in Roundtable with President Trump Amy Pope-Wells, successful Clay County business owner of Link Staffing and Tira Diva, joins women small business owners at a roundtable with President Trump and Vice President Pence. Showing 0 Comment Comments are closed.