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Jenoptik Reorganizes Business Units: Week in Brief: 04/01/22

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JENA, Germany, April 1, 2022 — Jenoptik is combining its core photonics business in two new divisions, the company reported in its 2021 annual report press release: Advanced Photonic Solutions and Smart Mobility Solutions. The former Light & Optics and Light & Production divisions will merge into the new Advanced Photonic Solutions division, while nonphotonic activities, particularly for the automotive market, will separate as Non-Photonic Portfolio Companies and will be managed as independent brands. The former Light & Safety division will become the Smart Mobility Solutions division. The two new divisions focus on the three core markets of semiconductor and electronics, life science and medical technology, and smart mobility.

ZURICH — Quantum technology company Terra Quantum AG extended its Series A funding round to $75 million. The capital will go toward strengthening the company’s data cryptography and cybersecurity offerings. The company also released research detailing the underlying mechanism of ferroelectric-based negative capacitance. 

CARDIFF, Wales — The Compound Semiconductor Centre (CSC) and consortium partners won £1.5 million (~$1.97 million) from the Department for Digital, Culture, Media and Sport (DCMS) as part of the U.K.’s efforts to develop homegrown telecom technology and diversify 5G and future-generation networks. The DCMS Future Random Access Networks Competition, known as FRANC, is the first of a number of homegrown 5G infrastructure development interventions, and it funds 15 consortia in this round. The project, called Scalable Optical Fronthaul for 5G OpenRAN, is led by Rushmere Technologies Ltd. Other consortium members include BT, Aston University, and TerOpta Ltd.

PALO ALTO, Calif. — Earth imaging technology company Pixxel closed a $25 million Series A funding round led by Radical Ventures. The funding enables the company to expedite production of a high-resolution hyperspectral satellite constellation geared toward offering AI-powered insights that discover, solve, and predict climate issues at a fraction of traditional satellite costs.
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Published: April 2022
Glossary
photonics
The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
quantum
The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
artificial intelligence
The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning, and problem solving.
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