Launched by scientists from the University of New Mexico and Los Alamos National Laboratory based on technology jointly developed at the two institutions, ThermoDynamic Films LLC was formed originally around a technology that could completely change the way heat is removed from devices that need to stay cool to operate efficiently. The technology was "disruptive" in nature -- a term coined by Harvard Business School Professor Clayton M. Christensen to describe any new technology that unexpectedly displaces an established technology. After what seemed to a a useful start with several SBIR awards 2010-2014, - particularly a $2.8M Phase II from DARPA in 2013, the firm seems to have somewhat backed off from the program with a limited tracable presence until a new NSF Phase I in 2020.