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August 27, 2012
Performance Indicator generated $2.5 million in revenue in 2011, and recently launched a joint venture with a large defense contractor to operate a facility in Texas.
Wendy Maeda/Globe Staff
Run by former Raytheon executives and Polaroid scientists, Performance Indicator is providing its photoluminescent and color-changing technologies to several major companies.
Unlike green glow-in-the-dark toys, the company’s illuminating paints glow in an array of colors and require only a bit of light to work.
Performance Indicator's photoluminescent paints were applied to four stairwells that are a part of Chicago's subway system
Senior vice president Lee Silvestre helped with a demonstration with fabric.
In April, Performance Indicator was awarded a $149,043 contract to do work for the US Special Operations Command.
The Boston Globe
Bethany Parker worked in the formulation coating tech lab. The company is a player in the high-tech business of color change and photoluminescence.