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Business News
Study: Hobbyists Make Poor Entrepreneurs
Jan 1, 1998 — SALISBURY, Md. -- When does a toy become a commodity? When do a few people in a lab experimenting with a new process or technology develop into an enterprise with several layers of production and communication? And at what rate do those factors determine when an entrepreneur should step aside, selling his or her business for survival's sake? For years, the conventional wisdom on what is known as "initial succession" sided with the steps of a company's development, that as profits grew and more...
Anritsu Focuses on Local Business
Dec 1, 1997 — Anritsu Corp. announced a globalization strategy that stresses its new motto: "A global company with a local face." The worldwide manufacturer of communications, industrial automation, and test and measurement products is linking its operations,...
Census Bureau To Count Lasers
Dec 1, 1997 — Under its existing industrial coding system, the US Census Bureau does not have a distinct designation for lasers and electro-optics. Productivity data from the agency has been of little use to electro-optics and laser manufacturers. To remedy the...
College Mixes Business with Engineering
Dec 1, 1997 — CHAMPAIGN, Ill. -- Engineering majors graduate from college with the skills to design and build lasers, optical systems and even spacecraft. When it comes to building their own businesses, however, they sometimes find they haven't had the training...
Consortium to Deliver Optical Materials Standards
Dec 1, 1997 — GAITHERSBURG, Md. -- UV lithography, IR imagers and spectroscopy are just a few of the industries that could benefit from a consortium proposed by the National Institute of Standards and Technology (NIST). The Optical Properties of Materials...
Declining Defense Budget Will Not Hinder Electronics Growth
Dec 1, 1997 — Despite projections that the US Department of Defense's overall budget will decline within 10 years, the portion of the defense budget allotted for electronics is expected to increase. That's the finding of the Electronic Industries Association's...
Government Program Brings Big-Time Benefits
Dec 1, 1997 — WASHINGTON -- Guts and glory go hand in hand under the US Department of Commerce's Advanced Technology Program, which gives developmental and financial assistance to groups willing to take on high-risk research projects. A recent study of recipients...
Guide Targets High-Tech Start-Ups
Dec 1, 1997 — RESEARCH TRIANGLE PARK, N.C. -- To be successful, small high-technology start-up companies -- including manufacturers of photonic components -- need to listen to and learn from their customers. That's the advice found in "Making Money with Your...
Photonic Switch and Matrix Market Expected to Skyrocket
Dec 1, 1997 — Global consumption of photonic switches and switch matrices will increase dramatically within 10 years, according to a recent report published by ElectroniCast Corp., a communications market watchdog. In 1996 photonic switches and matrices accounted...
R&D to Suffer from Kodak Cuts
Dec 1, 1997 — ROCHESTER, N.Y. -- As part of a $1 billion cost-saving plan, Kodak will cut between $100 million and $150 million from its research and development budget. What that means to advanced projects such as large-area charge-coupled device development...
Sales of Vision Inspection Systems Lag in Britain
Dec 1, 1997 — The UK Industrial Vision Association recently published a survey reporting $20.9 million, or £13 million, in sales of vision inspection systems inside the UK last year. This contrasts sharply with sales of vision inspection systems in Germany,...
Texas Instruments Sets Up Fund To Expand DSP Applications
Dec 1, 1997 — To support the development of new applications for high-performance digital signal processors, Texas Instruments Inc.has given $25 million to universities around the world. The establishment of the DSP University Research Fund is the latest effort...
Demand for Industrial Lasers Increases Slightly
Nov 1, 1997 — Despite decreased orders from the automobile industry, shipments of industrial laser equipment and systems were up 3.6 percent in the second quarter of 1997 from the same quarter in 1996. The Laser Systems Product Group of the Association for...
Environmentalists, DoE Ordered to Find Settlement
Nov 1, 1997 — In the latest attempt to block construction of the National Ignition Facility, a coalition of environmentalists has petitioned a federal judge because the building site is contaminated with polychlorinated biphenyls. US District Court Judge Stanley...
FANUC Robotics Selected to Provide Laser Cutting for Truck Frame Plant
Nov 1, 1997 — Formet Industries of Rochester Hills, Mich., has selected FANUC Robotics North America to install an automated system for robotic arc welding and laser cutting. Automated system for robotic arc welding and laser cutting.
FDA Bill Puts Laser Devices on Fast Track
Nov 1, 1997 — WASHINGTON -- Legislation that would help new laser medical devices reach the marketplace faster was overwhelmingly approved by the US Senate this fall. The bill, which also addresses federal approval of new drugs, is still pending in Congress. The...
German Firm Earmarks $1.3 Million for Microlasers
Nov 1, 1997 — As part of a continuing collaboration, German-based Laser Display Technologie KG has agreed to provide an additional $1.3 million in funding to Laser Power Corp. to develop microlasers for use in Laser Display's laser-based projection display...
Legislation Would Preserve Funding for Lawrence Livermore Laser Projects
Nov 1, 1997 — Members of the US Senate and House of Representatives are ironing out legislation that, if passed, would infuse additional funds into Lawrence Livermore National Laboratory to continue laser research. Under a provision in the bill, an additional $60...
National Research Council's Competitiveness Task Force
Nov 1, 1997 — WASHINGTON -- The long-standing science and technology relationship between the US and Japan provided the backdrop for a report released in July by the National Research Council's Competitiveness Task Force. The focus was on the future and what US...
Navy Seeks Photonic Solutions for 2000 and Beyond
Nov 1, 1997 — WASHINGTON -- Photonics will play an important role in information, aviation, networked defenses and other key applications for national defense, according to a National Research Council report. Photonic sensor techniques will be important for...
Photonics Meets Computer Disk Challenge
Nov 1, 1997 — SAN JOSE, Calif. -- The demand for increasing data storage seems limitless. In the commercial world, voice mail, replicated databases and faxes on demand are fueling this need. In the consumer world, it is the virtual world of the Internet becoming...
Raytheon Acquisition Approved
Nov 1, 1997 — WASHINGTON -- US Justice Department officials have approved Raytheon Co.'s $9.5 billion acquisition of Hughes Electronics Corp. The acquisition makes the Lexington, Mass., company the nation's third-largest defense contractor. The deal went through...
Shortage of Female Scientists Continues
Nov 1, 1997 — LONDON -- There are more women graduating from science and engineering schools in Great Britain. That's the good news. The flip side is that the proportion of women who choose a science career remains unchanged. And even those who do enter the...
Student Wins Award for IR Biopsy
Nov 1, 1997 — AKRON, Ohio -- A 20-year-old biology student who helped to develop a technique to noninvasively screen for breast cancer has won a B.F. Goodrich Collegiate Inventors award. Robert Chan, Senior, Massachusetts Institute of Technology, Robert Chan, a...
US Air Force Plans Laser Research Facility
Nov 1, 1997 — The US Air Force has awarded a contract to Black & Veatch Special Projects Corp. of Overland Park, Kan., to build an advanced laser research facility at Kirtland Air Force Base in New Mexico. The 29,600-sq-ft facility will house research and...
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