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Business News
People In The News
Sep 1, 2013 — REO of Boulder, Colo., has appointed Patrick Casnedi as its sales representative in France. He has held several senior management roles in the photonics industry at companies ranging from component and module suppliers to systems integrators. Most recently, he was group vice president of sales and marketing at Qioptiq. Photo courtesy of REO. John Allen has been named interim chief financial officer of Tessera Technologies Inc. of San Jose, Calif. He replaces C. Richard Neely Jr., w...
Basler Restructures Management Board
AHRENSBURG, Germany, Aug. 30, 2013 — Basler AG, a maker of digital cameras for industrial and video surveillance applications, medical devices and traffic systems, will expand its management board from three to four members on Jan. 1; the board’s departments will also be...
CFO Fay Leaving NeoPhotonics
SAN JOSE, Calif., Aug. 30, 2013 — James D. Fay, senior vice president of finance and chief financial officer of NeoPhotonics, is resigning from the photonic integrated circuit maker after six years to pursue another career opportunity. “The decision to leave NeoPhotonics was a...
Flir Awarded $137M Navy Contract
WILSONVILLE, Ore., Aug. 30, 2013 — A $136.6 million indefinite delivery, indefinite quantity contract has been awarded to Flir Systems Inc. by the US Naval Surface Warfare Center, Crane Division, to provide military-qualified Brite Star II gimbaled electro-optical/infrared imaging...
North American Machine Vision Sales Grow in Q2
IRVINE, Calif., Aug. 30, 2013 — Total machine vision sales in North America rose 6 percent in the second quarter of 2013 compared with the second quarter of 2012, according to new statistics from the Automated Imaging Association (AIA). "It’s good to see the market growing...
Semrock Receives ITAR Certification
ROCHESTER, N.Y., Aug. 30, 2013 — Certification from the US Department of State for International Traffic in Arms Regulations (ITAR) has been given to Semrock Inc., a designer and manufacturer of spectrally complex optical filters. Controlling the export and import of...
Class Action Suit Filed Against Biolase
NEW YORK, Aug. 29, 2013 — A class action lawsuit filed on behalf of shareholders against Biolase Inc. alleges that the dental laser maker made materially false and misleading statements regarding its business and operations. The complaint alleges that the biomedical company...
LightPath Expands IR Team
ORLANDO, Fla., Aug. 29, 2013 — LightPath Technologies Inc. has expanded its IR business team with the appointment of Glenn Breeze as worldwide infrared sales manager in the company’s infrared optics department.
Palomar Display Wins $2M Army Contract
CARLSBAD, Calif., Aug. 29, 2013 — Palomar Display Products Inc. has been awarded a $2.2M firm fixed-price contract by the US Army Contracting Command to deliver military display systems for the M1A2 Abrams tank fire control system. The high-resolution, optically coupled displays...
E2v Inks Contract with Russian Academy of Sciences
ZHUKOVSKY, Russia, Aug. 28, 2013 — e2v Technologies Ltd. of Chelmsford, England, has signed a multimillion-pound contract with the Russian Academy of Sciences to supply an imaging subsystem for the World Space Observatory-Ultraviolet (WSO-UV).
LME Keynote to Address Ultrafast Industrial Lasers
SCHAUMBURG, Ill. Aug. 28, 2013 — The increasing availability of industrial-grade ultrafast lasers and their use in machining will be the focus of a keynote address by Magnus Bengtsson at the Laser Institute of America’s third annual Lasers for Manufacturing Event (LME)....
Metrology Market Expected to Reach $720M by 2018
ALBANY, N.Y., Aug. 28, 2013 — The global metrology services market will reach $720.3 million in five years, growing at a compound annual growth rate of 8.2 percent from 2012 to 2018, according to a new market report. The report, Metrology Services Market — Global Industry...
Michigan Aerospace Wins Icing Detection Contract
ANN ARBOR, Mich., Aug. 28, 2013 — The Michigan Aerospace Corp. (MAC) has received a contract to work with NASA on developing Raman-based technology that detects conditions favorable to ice formation on an airplane before a problem occurs.
Tessera, Freescale Settle Litigation
SAN JOSE, Calif., Aug. 27, 2013 — Freescale Semiconductor Inc. and Tessera Technologies Inc. have reached a settlement in a previously pending patent infringement lawsuit against Freescale. Electronic packaging solutions provider Tessera has agreed to dismiss its claims against...
Bachmann Named President of Bruker BioSpin Group
BILLERICA, Mass., Aug. 26, 2013 — Bruker Corp., a provider of scientific instruments and solutions for molecular and materials research, has appointed Thomas Bachmann as president of its BioSpin Group. Bachmann, who previously served as CEO of Tecan Group in Switzerland from 2005 to...
Berk-Tek Hires New Fiber Optics Product Manager
NEW HOLLAND, Pa., Aug. 26, 2013 — Berk-Tek, a manufacturer of network copper and fiber optic cable products, has hired Ron Lindsay as its new fiber optics product business manager. Lindsay, who received his Bachelor of Science in mechanical engineering from North Carolina State...
Former IPG Photonics Consultant Sues over Fiber Invention
OXFORD, Mass., Aug. 26, 2013 — Armen Dallakian, a former consultant to IPG Photonics Corp., claims that he is the inventor of a simple, highly effective technique to align light beams as they pass from one fiber optic cable to another at a coupler or switch, and that the...
Optimax Completes Coating Facility Expansion
ONTARIO, N.Y., Aug. 26, 2013 — The third and final phase of a $10 million, 4000-sq-ft expansion of Optimax System Inc.’s optical coating facility is now complete, providing space for more than 50 additional employees.
Infraredx Receives $25M Investment from Nipro
BURLINGTON, Mass., Aug. 25, 2013 — Infraredx Inc. has received a $25 million equity investment from Nipro Corp. to support the commercialization and distribution of Infraredx’s TVC Imaging System in Japan. The TVC Imaging System is an intravascular imaging system integrating...
Trojan Technologies Wins OSA’s ‘Enabled by Optics’ Contest
WASHINGTON, Aug. 23, 2013 — Trojan Technologies has won first place in the corporate division of Enabled by Optics, a new contest designed by the Optical Society (OSA) to raise public awareness of the importance of optics and photonic technologies. The contest, which also has...
Lightwave Logic Makes First Optical Polymer Sale
NEWARK, Del., Aug. 22, 2013 — Lightwave Logic Inc. will provide the University of Colorado’s Guided Wave Optics Laboratory with organic nonlinear optical polymers in support of a Boulder Nonlinear Systems’ (BNS) effort to develop a 3-D imaging laser radar system...
Photronics Gets Venture Capital Backing
BROOKFIELD, Conn., Aug. 22, 2013 — An investment and product development initiative has been announced between Photronics Inc. and Silicon Values BG Partners. BG Partners, a Silicon Valley venture capital fund, will support Photronics, a photomask manufacturer, to adapt...
u
2
t Expands Sales Force
BERLIN, Aug. 22, 2013 — u2t Photonics has increased its global sales force in response to growth in the optical components market. Already established in Europe, North America and Asia, u2t will broaden its reach with partnerships in Russia, Brazil and India through the...
KIT Building PV Facility
KARLSRUHE, Germany, Aug. 21, 2013 — The Karlsruhe Institute of Technology (KIT) will build a photovoltaics facility to provide the solar cells used by the school for its research and energy needs. In cooperation with the module manufacturer Solarwatt, researchers will use the new...
OSA System Tracks Government-Funded Research
WASHINGTON, Aug. 20, 2013 — A new service that enables easy reporting of funding sources for scholarly research articles has been launched by The Optical Society (OSA). The FundRef service from CrossRef enables authors to specify the funding agency of their research and allows...
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