Xtalic : Xtalic launching a gold substitute for electronics this year

Xtalic plans to debut a new metal alloy toward the end of this year that aims to serve as a lower-cost replacement for gold in electronics, including mobile devices, CEO Tom Clay said in an interview. Founded in 2005, the Marlborough, Mass.-based company has so far been focused on creating metals that reduce the amount of gold needed in connectors on computer servers. The firm's nanotechnology, initially born at MIT, involves altering the crystal structure of metals to allow for special properties. The…