Canadian Government Funds Optics Development by NexOptic/Spectrum
NexOptic Technology Corp. and Spectrum Optix Inc. of Calgary, Alberta, have reported that Spectrum will receive a financial contribution of up to $49,725 from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP).
NRC-IRAP’s contribution is nondilutive to either NexOptic or Spectrum, and proceeds will be applied by Spectrum to two project activities. Part 1 will be a Market Assessment and Strategy Report conducted by a third-party firm and intended to identify use-cases and marketing/sector attributes for Spectrum’s patent-pending Blade Optics lens technology, with the goal of developing a commercial marketing strategy for the product.
Part 2 is intended to be used for the continual development of Spectrum’s
proof-of-concept prototype: a first-of -its-kind telescope that utilizes Blade Optics.
NexOptic has an option to fully acquire Spectrum Optix. The companies said they are working as a single corporation at this time, with their respective CEOs sitting on each other’s boards of directors.
LATEST NEWS
- CLEO Heads to the East Coast
Apr 29, 2024
- Laser-Based Gas Analyzer Developed to Detect Air Pollution
Apr 29, 2024
- Qubits Could be Stored in Flash-Like Memory
Apr 29, 2024
- Exail Signs LLNL Contract, Partners with Eelume
Apr 26, 2024
- Menlo Moves U.S. HQ: Week in Brief: 4/26/2024
Apr 26, 2024
- Optofluidics Platform Keys Label-, Amplification-Free Rapid Diagnostic Tool
Apr 25, 2024
- DUV Lasers Made with Nonlinear Crystals Enhance Lithography Performance
Apr 25, 2024
- Teledyne e2v, Airy3D Collaborate on 3D Vision Solutions
Apr 24, 2024