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AFFOA Names The Lycra Company, Gentex Corporation, Ecotune, and Macrocycle Technologies as Awardees in its Product Accelerator for Functional Fabrics Program

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Four awardees will receive no-cost access to AFFOA’s expertise, prototyping, testing, and scale-up capabilities to accelerate advanced textile innovations from lab to market.

BEDFORD, Mass., June 25, 2026 /PRNewswire/ — AFFOA (Advanced Functional Fabrics of America, Inc.) announced today that The Lycra Company, Gentex Corporation, Ecotune and MacroCycle Technologies have been selected as awardees in the third round of its Product Accelerator for Functional Fabrics (PAFF 3.0) program. The goal of the PAFF 3.0 program is to address critical technical and manufacturing challenges by providing no-cost access to AFFOA’s engineering experts, prototyping and testing facilities, manufacturing scale-up capabilities and domestic supply chain network to improve manufacturability and accelerate time to market.

“The caliber of proposals we received for this round of PAFF was remarkable, and selecting just four awardees was no easy task,” said AFFOA CEO Sasha Stolyarov, Ph.D. “What stood out about The Lycra Company, Gentex Corporation, Ecotune, and MacroCycle was their shared commitment to solving real manufacturing challenges — faster development cycles, improving production efficiency and quality, and scaling more sustainable, high-performance materials. Bridging that gap between innovation and real-world manufacturing is at the heart of what AFFOA does, and we are excited to bring our technical expertise to bear on each of these projects.”

The Lycra Company, a global leader in fiber innovation, will partner with AFFOA to integrate virtual garment prototyping into its product development process. In the realms of activewear, athleisure, and performance apparel, physical fit trials traditionally drive validation and are often accompanied by two to three months of lead time. Through PAFF 3.0, The Lycra Company will leverage AFFOA’s digital engineering expertise to evaluate and validate three-dimensional garment simulation software for close-to-body applications such as leggings and sports bras. This initiative will supplement live wear trials and accelerate product development and reduce time to market by enabling more rapid, accurate virtual fit and performance assessments. “This partnership with AFFOA connects what we engineer at the fiber level with what consumers experience at the garment level,” said Molly Fulin, Product Category Director – Knits, The LYCRA Company. “By exploring how advanced digital prototyping can reflect the stretch and recovery of materials, we have the opportunity to enhance how we develop, validate, and bring high-performance solutions to market.”

Gentex Corporation, a longtime leader in protective helmet manufacturing for the U.S. Department of War, will receive AFFOA’s assistance in maturing an automation solution for sewing operations. Currently, Gentex produces thousands of helmets per month across its US facilities.  Each helmet requires products sewn individually by an operator — a process that is both repetitive and time consuming.  Through PAFF 3.0, AFFOA will help advance prototype solutions through larger scale implementations for application across all Gentex sewing cells, driving efficiency, consistency, and worker safety. “The PAFF program is more than a path to automation for Gentex, it is an opportunity to improve safety, efficiency, and consistency across our manufacturing operations. By advancing this technology with AFFOA, we can better support our workforce while maintaining the uncompromising quality and reliability that the U.S. warfighter expects from every Gentex helmet.” Mike Turek, Chief Operating Officer, Gentex Corporation.

Ecotune, a material innovation startup, will leverage AFFOA’s expertise to accelerate the commercialization of its fully bio-based, plastic-free textile coatings designed to replace high-carbon footprint materials like polyurethane and PVC. Backed by five years of NSF- and EPA-supported research, Ecotune has created a USDA-certified, 100% bio-based coating technology that meets or exceeds key performance metrics — including tensile strength, flex resistance, and abrasion resistance — while achieving projected price parity with conventional coatings. Through PAFF 3.0, Ecotune will draw on AFFOA’s knowledge in manufacturing scale-up, process development and the textile supply chain to assess the technology’s drop-in compatibility with existing textile manufacturing infrastructure and conduct roll-to-roll pilot scale trials. The project is expected to validate a scalable pathway to commercialization and enable broader adoption of an innovative bio-based coating technology. “Scaling up is vital to bringing innovation to the market and Ecotune having access to the resources of AFFOA will get us there faster and more economically.” said Ella Csuka, Founder of Ecotune.

MacroCycle Technologies, a hard tech startup developing a breakthrough textile-to-textile recycling platform, will collaborate with AFFOA to accelerate the commercial readiness of its SolvoGenesis™ platform, which converts post-consumer polyester waste into virgin-quality recycled polyester resin using over 80% less energy than conventional PET production. With global polyester fiber production exceeding 70 million tons annually and less than one percent currently recycled, MacroCycle’s breakthrough chemistry purifies and upgrades polyester without degrading performance. Through PAFF 3.0, AFFOA will apply its expertise in textile manufacturing, testing and evaluation, and domestic supply chain development to produce commercial-grade fabric swatches from recycled PET, validate textile-level performance, and connect MacroCycle with domestic supply chain partners, ultimately accelerating market adoption of textile-to-textile recycling technologies and strengthening domestic manufacturing capabilities. “We’re excited to partner with AFFOA and leverage their deep expertise in knitting and weaving to take our MacroTEX resin + yarns to the next level by crafting fabrics for our customers – a critical step in our scaling journey to bring energy- and cost-efficient T2T textiles to major domestic and global markets.” Jan-Georg Rosenboom, Ph.D., MacroCycle Co-founder & CTO.

PAFF 3.0 advances AFFOA’s mission of accelerating technology maturation and strengthening domestic supply chain resilience by helping companies overcome barriers to commercialization through access to world-class technical expertise and manufacturing resources. Collectively, these awardees reflect the breadth and ambition of what is possible when industry expertise meets AFFOA’s hands-on support — and the critical role advanced textiles will play in the future of U.S manufacturing.

About AFFOA:
Advanced Functional Fabrics of America (AFFOA) is a nonprofit innovation organization and a Manufacturing USA Institute accelerating textile technology and manufacturing breakthroughs that safeguard the nation, advance industry, and improve quality of life. AFFOA fulfills its mission by (1) advancing transformative technologies, (2) connecting a dynamic domestic advanced Fabric Innovation Network, and (3) inspiring and educating the workforce of the future. Through its role as a trusted convener, engineering collaborator, and technology development partner, AFFOA brings together industry, academia, startups, and government to accelerate the commercialization and adoption of advanced fiber fabric-enabled solutions. Discover more at affoa.org.

About The Lycra Company:

The LYCRA Company innovates and produces fiber and technology solutions for the apparel and personal care industries and owns the leading consumer brands: LYCRA®, LYCRA HyFit®, LYCRA® T400®, COOLMAX®, THERMOLITE®, ELASPAN®, SUPPLEX® and TACTEL®. Headquartered in Wilmington, Delaware, U.S., The LYCRA Company is recognized worldwide for its sustainable products, technical expertise, and marketing support. The LYCRA Company focuses on adding value to its customers’ products by developing unique innovations designed to meet the consumer’s need for comfort and lasting performance. Learn more at thelycracompany.com  

About the Gentex Corporation:

With a history of innovation that spans for 130 years, Gentex Corporation is a leading supplier of products that advance personal protection and situational awareness for global defense forces, emergency responders, and industrial personnel operating in high-performance environments. Our portfolio includes helmet system platforms, hearing protection and communications products, and capability upgrades for defense and security forces sold under the Gentex and Ops-Core brands, as well as PureFlo industrial respiratory protection systems. Privately held, Gentex is headquartered in Carbondale, Pennsylvania, and supports its global customers through a worldwide distributor network and facilities in the U.S., the U.K., and Australia. Learn more at www.gentexcorp.com.

About Ecotune:

Ecotune is a California-based material innovation company developing bio-based textile coatings to replace petroleum-derived polyurethanes with non-toxic and renewable alternatives. Backed by five years of NSF- and EPA-supported research and development, Ecotune has created a technology platform for UDSA-certified 100% bio-based coatings that meet and exceed key performance metrics across strength, flexibility, and durability. Ecotune’s innovative textiles can be used across fashion, footwear, interior design, and automotive applications with projected lower cost at scale compared to polyurethane.

About the MacroCycle Technologies:

MacroCycle is an MIT startup that unlocks domestic lowest-cost, high-value textile fiber manufacturing from abundant waste resources. MacroCycle’s patented “SolvoGenesis” process uses highly selective chemistry that is able to separate waste polymers and upgrade them directly without the expensive breakdown process most other companies follow, making it 80% more energy-efficient than traditional PET resin production. Their success has been covered by TechCrunch, Forbes and recycling outlets, and they are working with various major supply chain partners to bring T2T recycled textiles to the market.

Contact Information:
AFFOA
Joshua Rapoza
Director of Marketing and Communications
508.558.6682
jrapoza@affoa.org 

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ITC Validates Again Voltage Energy’s Right to Supply Trunk Bus Solutions to U.S. Market

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Voltage Energy to Continue Serving Domestic Customers with Next-Generation Trunk Bus Solutions

CHAPEL HILL, N.C., June 25, 2026 /PRNewswire/ — Voltage Energy Group (“Voltage Energy”), a leading solar and clean energy solutions provider founded in North Carolina, today announced that the U.S. International Trade Commission (“ITC”) has issued a final determination confirming that its next-generation trunk bus solutions (“LYNX PLUS”) do not infringe the patents of Shoals Technologies Group, Inc. (“Shoals”) asserted in its second ITC case against Voltage Energy.   

This critical ruling allows Voltage Energy to continue serving domestic customers, including solar developers and EPCs, by ensuring uninterrupted access to its trunk bus solutions for projects nationwide. It also rejects Shoals’ efforts to exclude Voltage Energy’s trunk bus solutions from the market and stifle competition. 

“Today’s decision is a victory for Voltage Energy and reinforces fair competition and reliable access to innovative energy solutions for the domestic solar industry and its customers,” said Li Wang, CEO of Voltage Energy. “Voltage Energy independently developed its trunk bus solutions and will continue to innovate. The solar industry depends on open and fair competition, not efforts to eliminate competitors through litigation and unfair business practices.”

This latest ruling follows a series of favorable outcomes for Voltage Energy in related proceedings. Last January, the ITC found no violation and terminated Shoals’ first ITC investigation, which Shoals had initiated in May 2023 and in which it wrongly accused Voltage Energy’s products of infringing three patents. During that first ITC case, Shoals sought new patents, which were issued in June 2024 and were later asserted in Shoals’ second ITC case and district court complaint against Voltage Energy in January 2025.

Following a recent bench trial, the district court found that Shoals violated an agreement prohibiting its ITC counsel’s involvement in obtaining those new patents.

Voltage Energy appreciates the court’s validation of those concerns, as well as the Court’s recognition that Shoals should not unfairly benefit from that violation, which accelerated Shoals obtaining those patents.  Voltage Energy stands behind its trunk bus solutions, which were independently developed before Shoals obtained the asserted patents, and will continue to defend its innovations, including its latest LYNX PLUS solution, which the ITC confirmed does not infringe the 375/376 patents.  

While related legal matters remain ongoing, Voltage Energy respects valid intellectual property rights and remains committed to competing with integrity, investing in innovation, and delivering dependable, forward-looking solutions to customers. 

About Voltage Energy Group

Founded in 2016, Voltage Energy Group (“Voltage Energy”) is a leading global provider of electrical balance of systems (EBOS) solutions for utility-scale solar projects, with global headquarters in Chapel Hill, North Carolina. Voltage Energy delivers innovative, value-engineered technologies and services that improve installation efficiency, enhance safety, and optimize long-term system performance.

We are a group of innovative people who sincerely care about the renewable industry. Learn more at the company’s new website, www.voltageenergy.com.

 

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Validar, Leader in Event-Technology Sector, Secures Debt-Funding Package from Decathlon Capital Partners

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Seattle-based company to expand platform, boost customer-support and sales initiatives

SEATTLE, June 25, 2026 /PRNewswire/ — Validar, an innovative provider of event-technology solutions, will launch a significant expansion program after it reached agreement with Decathlon Capital Partners on a growth-funding investment. Validar is headquartered at Seattle.

The venture-debt funding will support expanded features on the Validar platform as well as expanded customer-support and sales-and-marketing initiatives. Financial details of the venture-debt transaction were not disclosed.

Victor Kippes, Founder and CEO of Validar, said the company has worked more than two decades to help marketers of B2B events better understand and articulate their value. At more than 1,000 events around the world, Validar products have enhanced ticketing and registration, provided real-time feedback on the effectiveness of content, and driven leads from the show floor into sales initiatives.

“This important growth-financing package is custom designed to meet the needs of our fast-growing company,” Kippes said. “It provides flexible amortization, doesn’t require any dilution of existing shareholders and doesn’t involve any changes in management control or governance.”

Validar will face no cost for undrawn capital in the transaction, which includes possible additional steps to support Validar’s growth beyond the current investment.

John Borchers, Managing Director of Decathlon Capital Partners, said Validar’s products provide high-value data to organizers of B2B events, allowing them to understand the ROI on the millions of dollars they spend to attract attendees to their events.

“Validar has worked closely with the B2B events industry since 2005. Victor Kippes and his team understand the requirements of event marketers, and they continue to develop technology solutions to meet the needs of their clients worldwide,” Borchers said. “Decathlon Capital Partners is pleased to support the continued growth of Validar.”

About Validar
Validar provides innovative event technology solutions that empower organizers to create engaging, efficient, and data-driven experiences. With a focus on streamlining registration, check-in, tracking attendee behavior, engagement tools, and event analytics, Validar serves a wide range of industries to enhance attendee satisfaction and measure event performance. Learn more at www.validar.com.

About Decathlon Capital Partners 
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized growth-debt financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is active across a wide range of sectors. Learn more at www.decathloncapital.com.

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PLS Logistics Services Acquires The AGL Group

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Acquisition expands PLS Logistics non-asset-based Service Portfolio

CRANBERRY, Pa., June 25, 2026 /PRNewswire/ — PLS Logistics Services (PLS), a leading third-party logistics provider, today announced the acquisition of The AGL Group, an international freight forwarder and supply chain company based in Weymouth, Massachusetts. The acquisition of AGL enhances PLS’s market position, diversifies its customer base, and expands its product portfolio.

For customers, PLS now offers international forwarding services, including drayage, ocean and customs brokerage, along with its world class domestic freight solutions, including truckload, LTL, TMS, and managed services.

Commenting on the acquisition, PLS Chairman and CEO Greg Burns remarked “The acquisition of the AGL Group brings a proven and reliable international service provider with strong presence in ocean and customs brokerage to the PLS client base. I’m excited that the AGL management team lead by CEO Steve Zambo will be joining the PLS family.”

Added Steve Zambo, CEO of the AGL Group, “The team at AGL is looking forward to further growth opportunities as part of a Billion dollar organization. PLS Logistics is known throughout the industry for its advance supply chain solutions, scaled operations, and outstanding market reputation. The combination will create new opportunities for AGL clients and employees alike.”

The AGL Group will operate as a wholly owned subsidiary of PLS Logistics, with Steve Zambo remaining CEO and reporting to PLS President Steven Bergan.

PLS President Steven Bergan commented; “The entire PLS Leadership team has been impressed with the customer and employee centric culture that Steve Zambo has built and we see this as an excellent culture fit with PLS. I look forward to working closely with Steve and his team to further growth opportunities ahead.”

Financial terms of the transaction were not disclosed.

ABOUT PLS LOGISTICS SERVICES
PLS Logistics Services is a leading third-party logistics provider specializing in managed transportation and end-to-end supply chain solutions across North America and beyond. Powered by people, process, and proprietary technology, PLS delivers Visibility, Capacity, and Confidence to businesses that depend on their supply chains to perform. For more information, visit www.plslogistics.com.

ABOUT THE AGL GROUP
The AGL Group is a full-service logistics company with more than 40 years of experience in domestic, import, and export freight solutions. With a team of 76 specialists and a global partner network of 600+ providers, AGL delivers comprehensive freight solutions built around one guiding principle: making lives easier. For more information, visit www.theaglgroup.com

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