PAX Impeller in MoMA
PAX Scientific’s elegant Lily impeller is featured in the Design and the Elastic Mind exhibition at the Museum of Modern Art (MoMA) in New York City. The exhibition will highlight examples of the successful translation of disruptive innovation into usable objects and explore the relationship between design and science.
“We’re delighted that the curators included the Lily in this exhibition,” said Jay Harman, PAX CEO and the Lily’s designer. “This impeller employs the highly efficient—and extremely graceful—geometries of flowing water to more effectively stir fluids of all types.”
Design and the Elastic Mind opens to the public on February 24 and runs through May 12, 2008. For more information, visit the MoMA website, www.moma.org. [February 18, 2008]
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Khosla Ventures Invests
in PAX Scientific Spin Off
PAX Scientific has received a capital investment from Khosla Ventures of Menlo Park, CA, into a PAX Scientific spin out company, PAX Streamline. PAX Streamline will focus its patented technology on building high-efficiency heating and air conditioning systems, turbines, marine propulsion, and aerospace technologies, among other applications.
Founded in 2004, Khosla Ventures offers venture assistance, strategic advice, and capital to entrepreneurs. Vinod Khosla has been labeled the #1 VC by Forbes, and Fortune recently identified him as one of the nation's most influential ethanol advocates. The firm's capital comes entirely from its own partners; a portion of all profits is donated to charitable causes, with an emphasis on micro-finance, education, and the environment. [January 28, 2008]
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