VANCOUVER, BC., APRIL 5, 2021 – Syniad Innovations Inc (“Syniad”) is pleased to announce that its portfolio company – Patronus Technologies Inc. (“Patronus”), has today appointed Richard Holloway as its Director of Research and Development.
Patronus is a protective materials company established to commercialize a 28-patent family of adaptive composite materials. The materials have numerous applications in both defence and civilian applications.
Richard Holloway holds a B.Sc. from the University of Cincinnati and an M.Sc. from the University of Texas at Austin, where he conducted research work for the US Navy. He began his career as a mechanical engineer with Milacron (polymer processing) before moving to 3M, where he worked on ceramic fibres and metal matrix composites, leading a $100m DARPA project. By the end of his five years at 3M, he led 3M’s automotive OEM design efforts across 26 countries. Subsequently, he worked on ceramic fibre materials for Saffil, an automotive materials business. In 2008, he moved to Canada to become CTO of RS Technologies, a composite products company. Immediately before taking on his new role with Patronus, Richard managed a $200m book of technical services for Asahi Kasei in the USA. Over his career, he has invented and co-founded several different technologies and companies, including Kinetic Materials Corporation (the owner of the TICOR protective cerametal).
Iain Evans, Syniad’s Chief Investment Officer, commented, “Richard’s appointment is a major milestone for Patronus. He is a technologist with a great record as a leader of composite materials businesses. That combination of business disciplines and inventiveness will benefit Patronus enormously as it develops its dual-use materials for defence and non-defence markets.”