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Business News
Desai Joins Kotura Team
Aug 1, 2012 — Silicon photonics company Kotura Inc. of Monterey Park, Calif., has named Samir Desai as vice president of business development. He will oversee expansion of business activities in the growing optical interconnects market and will be instrumental in expanding the company’s partnerships and strategic relationships in the data center and computing markets. Desai previously was responsible for optics global business development at TE Connectivity.
Edmund Named Finalist
Aug 1, 2012 — Robert Edmund is a finalist in the Ernst & Young Entrepreneur of the Year 2012 program based in the Greater Philadelphia region, according to optical components provider Edmund Optics of Barrington, N.J. The award recognizes entrepreneurs who...
Emcore Secures Contract
Aug 1, 2012 — Emcore Corp. of Albuquerque, N.M., has been awarded a solar panel manufacturing contract from NASA’s Jet Propulsion Laboratory for its Soil Moisture Active Passive (SMAP) mission, which is targeted for launch in 2014. Solar panels populated...
EuroLED draws more than 2000 attendees
BIRMINGHAM, UK — The ninth annual euroLED exhibition, gala dinner and conference attracted more visitors than ever. The two-day event for the LED and solid-state lighting industry was held at Birmingham Science Park’s National Exhibition Centre in June and...
Evans Joins Artemis Optical
Aug 1, 2012 — Chris Evans has been appointed sales manager for defense and aerospace at Artemis Optical Ltd. of Plympton, UK. He previously worked at Meggitt Aerospace Ltd., Honeywell Defence and Lucas Girling. Artemis Optical manufactures thin-film coatings and...
Fiber Demand Delivers Record Revenue to IPG in Q2
OXFORD, Mass., Aug. 1, 2012 — Strong sales of fiber lasers for materials processing applications were the driving factor behind IPG Photonics Corp.’s $37.7 million profit for the second quarter, a 23 percent increase over the same quarter last year, the company reported...
Genia Photonics Granted Loan
Aug 1, 2012 — Genia Photonics of Laval, Quebec, Canada, has received $300,000 in financial assistance from the Canadian government to acquire state-of-the-art production equipment and laboratory materials. The repayable funding was awarded under the Canada...
Korean Unit Begins Operations
Aug 1, 2012 — Lithography light source manufacturer Gigaphoton Inc.’s wholly owned subsidiary Gigaphoton Korea Inc. began business operations May 1. The subsidiary will promote new business opportunities with Korean device manufacturers and will reinforce...
Laser Operations Names CEO
Aug 1, 2012 — Laser veteran Dr. Vittorio Fossati-Bellani is the new CEO of QPC laser manufacturer Laser Operations LLC of Sylmar, Calif. He had served as chief marketing officer since the beginning of the year. Previously, he held executive positions at Dilas and...
Lasertel Buys MBE System
Aug 1, 2012 — To increase its laser diode manufacturing capacity, Lasertel Inc. of Tucson, Ariz., has purchased a second high-throughput, multiwafer GEN200 Edge molecular beam epitaxy (MBE) production system from Veeco Instruments Inc. of Plainview, N.Y. The...
Light Brigade Names VP
Aug 1, 2012 — The Light Brigade, a fiber optic training provider, has appointed Dario De Paolis as its vice president and general manager, responsible for strategic development and management of worldwide operations. He has served as director of worldwide sales...
LightPath Hires Hayden IR
Aug 1, 2012 — Optical components manufacturer LightPath Technologies Inc. of Orlando, Fla., has retained Hayden IR to develop and implement a strategic investor relations program to raise its visibility and to strengthen its relationship with the investment...
MicroVision Secures $5M Investment
Aug 1, 2012 — Projection display maker Micro-Vision Inc. of Redmond, Wash., has received a $5 million equity investment from private investors. The deal was expected to close by May 29. The investors had agreed to purchase 3.4 million shares of...
Mobius Granted Patent
Aug 1, 2012 — Fiber laser producer Mobius Photonics Inc. of Mountain View, Calif., has received US Patent No. 8,160,113 for its pulse burst laser system. The optical system can produce user-specific bursts of laser pulses tailored in pulse heights, widths and...
Next Lighting Names Katona VP of Products
Aug 1, 2012 — Dr. Thomas Katona is the new vice president of products for solid-state lighting provider Next Lighting Corp. of San Francisco. He will be responsible for all aspects of product marketing and engineering. He has more than 13 years of experience in...
Northrop Grumman Fires Up Laser
Aug 1, 2012 — Northrop Grumman Corp. of Falls Church, Va., test-fired the first product in its next-generation Firestrike family of high-energy solid-state lasers. Conducted at the company’s Redondo Beach, Calif., laboratory, the tests demonstrated that the...
NSF Award Creates Partnership
Aug 1, 2012 — The National Science Foundation awarded $3.3 million to the University of Texas at El Paso and the University of California, Santa Barbara, to establish a long-term partnership for materials science and engineering research, including solar energy....
Raytheon Executives Honored
Aug 1, 2012 — Mark E. Russell and James A. Horkovich of Raytheon Co., which is based in Waltham, Mass., were honored as 2012 American Institute of Aeronautics and Astronautics (AIAA) Fellows at an awards gala May 9 in Washington. Russell is the company’s...
RIT, Raytheon to Develop Advanced IR Detectors
ROCHESTER, N.Y., Aug. 1, 2012 — The Rochester Institute of Technology was awarded a $1.2 million National Science Foundation award to develop, fabricate and test a new family of detectors grown on silicon wafer substrates by Raytheon Vision Systems.
Rusnano Invests in NeoPhotonics
Aug 1, 2012 — Photonic integrated circuit manufacturer NeoPhotonics Corp. of San Jose, Calif., has received a $39.8 million investment from sovereign investment firm Rusnano of Moscow in a private placement transaction. Rusnano acquired 4.97 million shares of...
Sensors Selected for Airborne Apps
Aug 1, 2012 — Headwall Photonics’ Hyperspec short-wavelength infrared (SWIR) sensors have been selected for airborne applications after the successful completion of rigorous performance testing at the Naval Research Laboratory (NRL) in Washington. The...
SPIE Backs SMART Jobs Bill
Aug 1, 2012 — A new bill that would enable foreign students educated in US graduate programs to stay in the country and work has gained the support of SPIE. The Sustaining our Most Advanced Researchers and Technology (SMART) Jobs Act of 2012 would create a visa...
Süss MicroTec Takes Over Company
Aug 1, 2012 — Süss MicroTec AG of Garching, Germany, has increased its shareholding in Suss MicroOptics SA of Neuchâtel, Switzerland, from 85 to 100 percent. Suss MicroOptics manufactures refractive and diffractive micro-optics. Süss MicroTec...
Synopsys Acquires RSoft
Aug 1, 2012 — Electronic design automation company Synopsys Inc. of Mountain View, Calif., has acquired the privately held RSoft Design Group Inc. of Ossining, N.Y., a photonics design and simulation software provider. Terms of the deal were not disclosed. The...
Teledyne Acquiring Companies
Aug 1, 2012 — Teledyne RD Instruments Inc., a subsidiary of Teledyne Technologies Inc. of Thousand Oaks, Calif., has entered an agreement to acquire BlueView Technologies Inc. of Seattle. The closing of the transaction, which is subject to various conditions...
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