Phive was established in 2006 to commercialize new plasma source technology developed by Dr. Bert Ellingboe for industrial applications like material deposition. The technology allows for higher deposition rates than competitors by generating plasma at higher frequencies without limitations on panel size. This can significantly reduce manufacturing costs for thin film solar photovoltaics. Phive plans to launch products for the solar market in 2010-2011 and continue R&D to prepare for opportunities in semiconductor manufacturing when that market grows after 2014.