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Bruker Acquires Inscopix; Adaptive Glasses Firm Deep Optics Secures Investment: Week in Brief: 11/11/22

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MOUNTAIN VIEW, Calif., Nov. 11, 2022 — Bruker Corp. acquired Inscopix Inc., a developer of miniaturized microscopes known as miniscopes, for freely moving animal brain imaging. Since Inscopix’s founding in 2011, its flagship miniscope systems have been deployed in over 600 research institutions and biopharma companies worldwide. This acquisition enhances Bruker’s position in in vivo brain functional imaging.

JUPITER, Fla. — Jenoptik will expand its facility in Jupiter, Fla., by 7100 sq ft, supporting the company’s expansion of cleanroom manufacturing operations. Construction of the addition — named “Perseverance” to honor the group’s work on NASA’s 2020 Mars mission — will be completed in January 2023.

ORLANDO, Fla. — LightPath Technologies’ BD6/black diamond infrared glass material passed radiation testing and is qualified for use as a replacement for germanium in space applications, according to the company. Testing of LightPath’s BD6 as part of a European Space Agency (ESA) was performed in parallel to efforts by the U.S. Department of Defense, European defense agencies, and others to reduce their dependence on germanium by qualifying an alternative. The tests performed simulated the radiation that the material would be exposed to during ESA missions, including gamma and proton tests.

BEAVERTON, Ore. — Tektronix Inc., a provider in test and measurement solutions, formed a collaboration with BRIDG, a not-for-profit, public-private partnership that specializes in advanced system integration and integrated circuit packaging for digital, radio frequency, and photonics silicon interposer technology. The collaboration will expand advanced semiconductor package testing capabilities in the U.S. Tektronix’s package test services and capabilities will be used to provide semiconductor testing, advanced package testing, and 2.5D/3D testing for BRIDG customers.

WALTHAM, Mass. — Evident Corp., a manufacturer of life science imaging systems, and Ultivue  Inc., a developer and provider in multiplexing tools and novel image analysis solutions for tissue biomarker studies, formed a collaborative agreement to promote whole slide imaging using multiplexed immunofluorescence (mIF) assays to advance translational research in the Americas. According to the companies, the collaboration will focus on a combination of Ultivue’s mIF assays with Olympus research slide scanners, provided by Evident. The collaboration builds on an existing partnership between the companies.

SHANGHAI — Mauna Kea Technologies and Tasly Pharmaceutical incorporated their joint venture in China. Tasly Mauna Kea Medical Engineering Technology Co. Ltd. will serve as the exclusive commercial platform for expanding the reach of Cellvizio into the Chinese domestic market and will launch a dedicated platform for neurosurgical applications worldwide.

LITTLE ROCK, Ark. — Windstream Wholesale, a provider of advanced optical solutions, reported its delivery of low-latency, ultrahigh bandwidth wave connectivity from the U.S to Europe through a strategic partnership with Colt and Aqua Comms. The connectivity, which originated in Chicago, traveled to London, and terminated in Frankfurt, Germany, yielded roundtrip latency of less than 100 ms with no frame loss. It used Aqua Comms’ subsea fiber optic network and connected Windstream’s U.S. network to Colt’s European wavelength network. According to Windstream, the successful partnership expands its available connectivity offerings for global, government, hyper-scale, content, and other large-scale customer providers outside of the company’s nationwide North American network, to more than 1000 data centers and points of presence within Europe, across various wave connectivity options that range from 10 G to100 G currently and that will range up to 400 G in the near future.

NEW YORK — Earth observation data collection company Satellogic Inc. completed an approximately 5% investment in Officina Stellare (OS), a company that designs, develops, and delivers optomechanical systems and instrumentation for ground- and space-based applications. The investment includes an option for Satellogic to expand its ownership to up to 12% in the next 36 months, and the appointment of Emiliano Kargieman, CEO and co-founder of Satellogic, to the OS board of directors.
Fielmann Group’s Venture and Investment arm, Fielmann Ventures, will acquire a 10% equity stake in Deep Optics. The two companies will jointly develop applications in the fields of progressive lenses and smart glasses. Courtesy of Fielmann.
Fielmann Group’s venture and investment arm, Fielmann Ventures, will acquire a 10% equity stake in Deep Optics. The two companies will jointly develop applications in the fields of progressive lenses and smartglasses. Courtesy of Fielmann.
HAMBURG, Germany — Fielmann Group’s venture and investment arm entered into an agreement to acquire a 10% equity stake in Deep Optics, a deep tech company and developer in the electro-optics space. Fielmann Ventures is leading a series C investment in Deep Optics, enabling the adaptive glasses company to further develop its groundbreaking technology. Deep Optics uses pixelated liquid crystal lenses to adjust the focal distance of glasses to any distance. As a result, the wearer has a much larger field of vision compared to glasses with conventional progressive lenses.


LORTON, Va. — QinetiQ US, a company providing robotics and autonomous systems, sensing, protection systems, and next-generation autonomous vehicles, won a contract for “Research, Development, and Engineering Support for Image Processing and Advanced Optics Technologies” supporting the U.S. Army C5ISR Center, Research & Technology Integration Directorate, Image Processing Division. The task order has a ceiling value of over $48 million, with a 48-month period of performance, including a 24-month base and 24-month option.

SANTA BARBARA, Calif. — Atomica Corp., a microelectrochemical systems (MEMS) developer, closed a $30 million series C financing round. The financing enables Atomica to expand its foundry capabilities, advance MEMS technology, and support domestic production of biochips, sensors, and photonic circuits.

CHARLOTTE, N.C. — EnPro Industries completed the sale of GGB, its surface engineering business, to the Timken Co. for total proceeds of $305 million. Enpro also expects to complete the divestiture of its Garlock Pipeline Technologies business later this month, at which point it will have completed the exit of its engineered materials segment. The company intends to use the estimated $290 million of after-tax proceeds from the two divestitures for leverage reduction, while continuing to invest in growth opportunities and pursuing strategic acquisitions over time.

MELBOURNE, Australia — RMIT University will lead a consortium of universities and industry partners in the new 72 million AUD ($47 million) ARC Centre of Excellence in Optical Microcombs for Breakthrough Science (COMBS). The multidisciplinary COMBS team includes experts from eight Australian universities (RMIT, ANU, Monash, Swinburne, UTS, UniSA, Adelaide, and Sydney) and 23 global partner organizations including the Garvan Institute, Advanced Navigation, and the National Measurement Institute.

SUNNYVALE, Calif. — Staff of the NYSE began proceedings to delist the common stock of Quanergy Systems, as well as the company’s warrants to purchase common stock. Trading in these securities was suspended after the market’s close on Nov. 8. According to the NYSE Regulation, it reached its decision to delist these securities because Quanergy fell below the NYSE’s continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15 million. The company’s common stock and warrants are now traded in the over the counter (OTC) market. Quanergy intends to apply to have the common stock quoted on the OTCQB, a higher market tier operated by the OTC Markets Group Inc. The company may also apply to have the warrants quoted on the OTCQB, if eligible.

PARIS — Quantum photonics company Quandela and energy company EDF  signed a partnership agreement to study the contribution of photonic computing to numerical simulations of hydroelectric dam deformation. The use of this breakthrough could increase the accuracy of the simulations and speed up calculations while reducing their energy consumption. In the longer term, the ambition is to generalize the simulation models to other types of industrial applications and to extend photonic calculation to machine learning used in consumption forecasting.

Published: November 2022
Glossary
semiconductor
A material whose ability to conduct electricity falls between that of conductors and insulators. The conductivity of semiconductors can be controlled by adding specific amounts of impurities in a process called doping. That process changes the number of negatively charged electrons or positively charged "holes,'' unoccupied electronic energy levels in an otherwise full or nearly full energy band in a solid, which are free to respond to applied electrical fields.
JenoptikT&MmedicalCommunicationsOptomechanical systemssmart glassesdatacomBusinessImagingBiophotonicsacquisitionBrukerInscopixin-vivobrainneuroscienceminiscopeMicroscopymilitary & defenseArmycontractQinetiQOpticsC5ISR Centerseries CfinancingfundingAtomic Corp.biochipMEMSSensors & DetectorsPICssemiconductorfoundrymanufacturingEnproGGBsaledivestitureTimken CompanyCloseMaterialsRMITCenter of ExcellenceARC Centre of Excellence in Optical Microcombs for Breakthrough ScienceCOMBSANUMonashSwinburneutsUniSAAdelaideSydneyNew York Stock ExchangeNYSEdelistingnon-complianceregulationquantum computingQuanergyphotonic computingenergyQuandelaEDFsimulationAmericasEurope

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