Ocean Optics Awards Grants

!%Ocean Optics%!, a supplier of optical sensing technology in Dunedin, Fla., has named the Phase I winners of its first Blue Ocean Grants and Challenges, an open innovation program seeking novel ideas and technologies that could change the world for the better, for eventual commercialization. The company said that the number of quality applications was so impressive that it issued more grants than planned and created an additional category of developmental grants. Phase I grants are issued to fund initial evaluation and development of ideas and technologies to the proof-of-concept phase.