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Irvine Sensors' Government Contracts Total $9.5M for Quarter
Jun 2006
Vision systems maker Irvine Sensors Corp. of Costa Mesa, Calif., announced yesterday that, in its current fiscal quarter, it has received several new government research and development contracts, and incremental add-ons to existing government contracts, worth approximately $9.5 million in total. Of the 9.5 million, approximately $7.3 million is fully funded and $1.1 million relates to development funding and product orders for the company's infrared cameras, Irvine Sensors said. The largest award was a $5.6 million cognitive systems contract announced in May. The company said the awards are expected to contribute to its revenues in both fiscal 2006 and 2007.

A light-tight box that receives light from an object or scene and focuses it to form an image on a light-sensitive material or a detector. The camera generally contains a lens of variable aperture and a shutter of variable speed to precisely control the exposure. In an electronic imaging system, the camera does not use chemical means to store the image, but takes advantage of the sensitivity of various detectors to different bands of the electromagnetic spectrum. These sensors are transducers...
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