Search
Menu
Rocky Mountain Instruments - Laser Optics LB

JMAR, Laurus Fund Enter Finance Agreement

Facebook X LinkedIn Email
SAN DIEGO, March 18 -- JMAR Technologies Inc., a developer of advanced lasers, Collimated Plasma Lithography (CPL) systems and semiconductor production services, announced yesterday it has entered into a $5 million financing agreement with Laurus Fund, a New York City-based equity fund that specializes in providing financing to growing, small and mid-capitalization companies.

JMAR said it will use the funds to meet its working capital requirements and to support commercialization of its CPL technology.

JMAR's operations include its laser and laser-produced plasma Research Division in San Diego; its Systems Division in Burlington, Vt., where CPL Stepper Systems are designed and manufactured; and its Microelectronics Division, in Sacramento, where JMAR provides process integration and maintenance support for the US Department of Defense Microelectronics Activity semiconductor fabrication facility.

For more information, visit: www.jmar.com

Ohara Corp. - Optical Glass, Polish substrates 10-23

Published: March 2003
defenseindustrialNews & Features

We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.