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Business News
Photonics Projects Win $13.5 Million in US Funding
Feb 1, 1997 — ARLINGTON, Va. -- Eighteen photonics projects won $13.5 million in National Science Foundation awards.The winners were selected from among 76 proposals related to how light interacts with matter. Following are the winning projects, institutions, and amounts of the three-year awards: Optical probes for nanoenvironments and nanomotors; University of California at San Diego; $1.19 million. Synchronization and communication in nonlinear optical systems; University of California at San Diego,...
Simplex Technologies to Make 5800 km of Cable for Undersea Networks
Feb 1, 1997 — Newington, N.H.-based Simplex Technologies Inc. will manufacture a 4400-km undersea fiber optic cable system for AT&T's Pan American cable system, according to a $35 million contract between the two companies. Slated for operation in June 1998,...
Texas Instruments Agrees to Sell Defense Business to Raytheon
Feb 1, 1997 — Officials at Raytheon Co. of Lexington, Mass., and Texas Instruments Inc. (TI) of Dallas have signed a definitive agreement worth almost $3 billion authorizing Raytheon to acquire TI's defense electronics operations. The transaction will bring...
World Trade Pact Gives Photonics a Boost
Feb 1, 1997 — SINGAPORE -- Designed to even the global playing field, the Information Technology Agreement signed in December by 28 member countries of the World Trade Organization removes tariffs on many high-tech products, which should result in major gains for...
Bright Days Seen Ahead for Optical Coating Industry
Jan 1, 1997 — NORWALK, Conn. -- Steady growth through the turn of the century is the forecast for the worldwide optical coating market, says a report from Business Communications Co. Inc. (BCC). The growth is expected to be buoyed by expanded use in medical and...
Chrysler Stays Ahead With High-Power CO-2 Lasers
Jan 1, 1997 — KOKOMO, Ind. -- With Chrysler Corp.'s recent purchase of 11 14-kW CO2 lasers from Convergent Energy, the automaker furthered its commitment to stay ahead of the Big-Three domestic auto manufacturers when it comes to laser machine tools. The addition...
Competition Drives Baby Bells to Sell Bellcore to Defense Firm
Jan 1, 1997 — TRENTON, N.J. -- After more than 18 months of negotiations, a San Diego-based defense technology contractor has agreed to buy Bellcore, the research concern of the seven regional Baby Bells.In the deal, reportedly worth $700 million, the sale of...
dpiX Wins Military Contract to Develop High-Resolution LCD Technologies
Jan 1, 1997 — The Defense Advanced Research Projects Agency (DARPA) has awarded a $2.75 million contract to dpiX, a subsidiary of Xerox, to develop high-resolution, reflective-mode display technologies for strategic and tactical information applications. The...
Eastman Kodak Ships Mirror Assemblies, Optical Bench for Satellite System
Jan 1, 1997 — Eastman Kodak Co.'s Commercial & Government Systems delivered its high-resolution mirror assembly to NASA's Marshall Space Flight Center in Huntsville, Ala., for use in the agency's advanced x-ray astrophysics facility satellite. The assembly...
Laser Diode Market Heading Toward $1.2 Billion Mark
Jan 1, 1997 — MOUNTAIN VIEW, Calif. -- The worldwide market for short-wavelength laser diodes is headed for the billion-dollar-plus mark by the end of the decade, according to a report from market analysis firm Strategies Unlimited. Leading the charge is the...
LeCroy, Fluke Swap Technology for Royalties Under DSO Licensing Pact
Jan 1, 1997 — Under a technical licensing agreement signed by LeCroy Corp. of Chestnut Ridge, N.Y., and Fluke Corp. of Everett, Wash., LeCroy would give Fluke access to advanced technology for digital storage oscilloscope applications in exchange for royalties....
Monroe Community College Receives CNC-Optics Systems from LOH
Jan 1, 1997 — Germantown, Wis.-based LOH Optical Machinery Inc. has lent a Spheronorm CNC-controlled precision optics system to Monroe Community College in Rochester, N.Y., for educational purposes at the school's optical systems technology laboratory. The...
Rofin-Sinar Joins with German Laser Institute on Industrial Laser Development
Jan 1, 1997 — An exclusive cooperative development project between Rofin-Sinar Inc. of Plymouth, Mich., and the Fraunhofer Institute of Laser Technology of Aachen, Germany, will focus on developing diode-pumped, high-power Nd:YAG lasers for industrial-processing...
SpecTran-Corning Fiber-Supply Agreement Grows to $28 Million
Jan 1, 1997 — SpecTran Corp. of Avon, Conn., has increased by $11 million the value of its contract to provide Corning Inc. of Corning, N.Y., with multimode fiber. The three-year agreement, which was signed last year, is now worth $28 million. SpecTran officials...
Uniphase to Sell Ultrapointe Subsidiary
Jan 1, 1997 — SAN JOSE, Calif. -- To concentrate its resources on the telecommunications industry, Uniphase Corp. has signed a letter of intent to sell its Ultrapointe subsidiary to Tencor Instruments, a leader in semiconductor inspection systems.An...
Ball Aerospace Signs Navy Camera Contract Under Commercial Conditions
Dec 1, 1996 — The US Navy - Naval Inventory Control Point in Mechanicsburg, Pa., has signed Ball Aerospace & Technologies Corp. of Broomfield, Colo., to a multiyear agreement to build about 165 marine all-light-level TV cameras for imaging at sea. To reduce...
Centronic to Supply Silicon Photodiodes for Space Station
Dec 1, 1996 — In an agreement worth $500,000, NASA will purchase hundreds of custom silicon photodiodes from Centronic Inc. of Newbury Park, Calif., for use on the Space Station Freedom, which is set for launch in 1997. The photodiodes will be used to keep the...
Dense WDM Market Seen Topping $12-Billion Mark by 2005
Dec 1, 1996 — SAN MATEO, Calif. -- From an "introductory" level of $101 million last year, the global market for dense wavelength division multiplexing (DWDM) components is expected to hit $4.17 billion by 2000 and then grow to $12.1 billion by 2005. According...
Fiber, Fiber, Who's Got the Fiber? Shortage Hits Builders, Producers
Dec 1, 1996 — PITTSFIELD, Mass. -- A funny thing has happened on the way to the information superhighway: The road builders can't keep ahead of the drivers. Fiber optics fueled the dream, but now a shortage of fiber threatens progress, has heightened demand...
Laser Firm Gets University License for Marketing Al-Free Laser Diodes
Dec 1, 1996 — EVANSTON, Ill. -- Northwestern University has granted an exclusive license to Semiconductor Laser International Corp. (SLI) of Endicott, N.Y., to develop, manufacture, market and sell aluminum-free high-power semiconductor lasers worldwide for...
Lockheed Wins $20 Million Photonic Sensor Pact
Dec 1, 1996 — The US Air Force has awarded a $20.2 million contract to Lockheed Martin Tactical Systems for the development of its podded electro-optical sensor system. Under the contract, the company will design, build and support the Theater Airborne...
Molecular OptoElectronics Wins NSF Grant, Licensing Agreement
Dec 1, 1996 — Los Alamos National Laboratory has granted an exclusive licensing agreement to Molecular OptoElectronics Corp. of Watervliet, N.Y., to develop, manufacture and market the laboratory's electro-optic crystal mosaics for the generation of terahertz...
Transatlantic Telecommunications System to Use Alcatel Fiber Optic Cables
Dec 1, 1996 — UK-based Cable Co. International Ltd. has awarded a $400 million contract to Alcatel Submarine Networks of London, to supply fiber optic cable for what it calls the most advanced transatlantic fiber optic cable system ever constructed. Alcatel will...
US and Korean Groups Sign Cooperative Flat-Panel Display Pact
Dec 1, 1996 — SAN JOSE, Calif. -- In a effort to boost global cooperation on standards and manufacturing procedures in the flat-panel display market, the US Display Consortium (USDC) and the Electronic Display Industrial Research Association of Korea (EDIRAK)...
Catalog Company Splits Its Efforts
Nov 1, 1996 — BARRINGTON, N.J. -- Edmund Scientific has split into two divisions to better serve the growing numbers of industrial customers. The company announced last month that Frank DiMinno has taken over as president of its growing Industrial Optics Div.,...
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