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Business News
Tokyo gears up for Photonix Expo
TOKYO – Photonics industry members from around the world will converge on Tokyo Big Sight conference center April 11-13 for the Photonix Expo & Conference. The show will be held concurrently with the 22nd FINETECH Japan, a flat panel display exhibition and conference; FilmTech Japan, an expo on film technology; and Plastic Japan, which focuses on the raw materials for plastics and plastics-related technologies. Photonix 2012 is a comprehensive event for the photonics and optics industry, combinin...
Zephyr Photonics in Transition
Jan 1, 2012 — Research and development company Zephyr Photonics, recently acquired by Torch Hill Investment Partners, a Washington-based private equity firm, is making the transition to becoming a commercial enterprise. Based in Zephyr Cove, Nev., Zephyr will use...
Zygo Receives Order, Contract
Jan 1, 2012 — The Optical Systems Div. of Zygo Corp. has been awarded a $4 million order from a major medical device manufacturer to produce high-precision assemblies used in an ophthalmic medical instrument. The devices will be manufactured at its Electro-Optics...
Efficiency Record Set for Organic Solar Cell
LEUVEN & BRUSSELS, Belgium, and SKOKIE, Ill., Dec. 30, 2011 — Belgian research center Imec, electronic materials supplier Polyera and international chemical group Solvay have achieved a world-record efficiency of 8.3 percent for polymer-based single-junction organic solar cells in an inverted device stack....
FDA Clears Cataract Surgery Laser
SANTA CLARA, Calif., Dec. 30, 2011 — OptiMedica Corp., a global ophthalmic device company, received FDA 510(k) market clearance for its Catalys laser, a next-generation cataract surgery system. Catalys combines a femtosecond laser, integrated optical coherence tomography imaging and...
Novotech Completes Modernization Plan
ACTON, Mass., Dec. 30, 2011 — Infrared optics and germanium materials supplier Novotech Inc. has completed its 2011 equipment modernization plan, which included the purchase of automated robotic optics edging and curve-generating machines capable of producing several thousand...
Faris Joins LightPath Board
ORLANDO, Fla., Dec. 29, 2011 — M. Scott Faris was elected earlier this month to LightPath Technologies Inc.’s board of directors as a Class II member, the company announced. Faris, who was also appointed a member of the audit committee, will serve for the remainder of...
Carl Zeiss Reports Increased Revenue, Earnings
STUTTGART, Germany, Dec. 28, 2011 — Carl Zeiss posted significant increases in revenue and earnings for the fiscal year 2010-11 ending Sept. 30, 2011 over the prior year. The company reported that revenue topped the €4 billion (about $5.2 billion) mark for the first time, with...
OFC/NFOEC Plenary to Focus on Tsunami Impact
WASHINGTON, Dec. 28, 2011 — Isao Sugino, director of the Research and Development Office of the Ministry of Internal Affairs and Communications (MIC) in Japan, will give a keynote presentation at the plenary session of the Optical Fiber Communication Conference and...
SPIE Applauds Congress for Six-Year SBIR Reauthorization
BELLINGHAM, Wash., Dec. 28, 2011 — SPIE is pleased with the recent six-year reauthorization by Congress of the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The SBIR/STTR programs are designed to spur technology innovation...
Owyeung Out, Keddington In as Lunera CEO
REDWOOD CITY, Calif., Dec. 27, 2011 — LED lighting company Lunera Lighting Inc. announced a new CEO earlier this month, its second appointment to the position in just over a year. Michael Keddington will replace Karen Owyeung, who joined the organization in November 2010. (See:...
BMC to Improve Imaging of Exoplanets
CAMBRIDGE, Mass., Dec. 22, 2011 — Boston Micromachines Corp. (BMC) has been awarded a Phase 1 Small Business Innovation Research contract for $125,000 by NASA to advance exoplanet imaging research involving deformable mirrors. One of NASA’s core objectives is to explore...
FDA Approves Handheld Brain Injury Detector
WASHINGTON, Dec. 22, 2011 — The first handheld device intended to aid in the detection of life-threatening bleeding in the skull has been approved by the FDA. The device, called the Infrascanner Model 1000, can help health care providers identify patients with critical head...
Optics Pioneer Dereniak to Lead SPIE in 2012
TUCSON, Ariz., Dec. 22, 2011 — Optics and engineering pioneer Eustace L. Dereniak will become president of SPIE in January. An optical sciences and engineering professor at the University of Arizona, Dereniak has explored the frontiers of optics and engineering for nearly...
Alfano First Recipient of Britton Chance Award
BELLINGHAM, Wash., Dec. 21, 2011 — Robert Alfano, distinguished professor of physics at City College of New York, has been selected to receive the first SPIE Britton Chance Biomedical Optics Award. Alfano, a longtime SPIE conference chairman and committee member, and a member of the...
PhotOral Licenses Technology
BOSTON, Dec. 21, 2011 — Life sciences startup PhotOral has licensed patented technology from Harvard-affiliated Forsyth Institute to develop a novel intraoral device that uses blue light for targeting and obliterating potentially harmful dental plaque microorganisms, the...
BinOptics Attracts $13M in Funding
ITHACA, N.Y., Dec. 20, 2011 — BinOptics Corp. has closed on $13.3 million in new funding, which it will use to continue the expansion of its product lines and to accelerate the development of its new products. Five new investors participated in this round of funding: Advantage...
Cree Licenses Phosphor Patents
DURHAM, N.C., Dec. 20, 2011 — Through its newly launched remote phosphor licensing program, semiconductor solutions company Cree Inc. has granted licenses for select remote phosphor patents to five LED lighting manufacturers. The license further enables LED lighting adoption...
E-ELT Mirror Work to Start in 2012
GARCHING, Germany, Dec. 20, 2011 — The ESO Council has approved funding for the first elements of the E-ELT (European Extremely Large Telescope). Work will now begin on the instrument’s challenging adaptive optics mirror, M4 (the fourth mirror out of five in the telescope) in...
Novaled Founders Honored for Innovation
DRESDEN, Germany, Dec. 20, 2011 — Three of the founders of Novaled AG were awarded the German Future Prize — German President’s Award for Technology for breakthroughs in the field of organic electronics.
Gooch & Housego Takes Lead on ISLA Project
SOMERSET, England, Dec. 19, 2011 — Optical and systems manufacturer Gooch & Housego has announced that it will lead a €4.5 million (about $5.9 million) collaborative European Union-funded FP7 project titled “Integrated disruptive components for 2 µm fiber...
OSA Elevates 66 to Fellow Members
WASHINGTON, Dec. 19, 2011 — The board of directors of the Optical Society (OSA) announced that 66 OSA members were selected as the newest class of OSA fellows. The newly appointed fellows will be recognized individually at meetings throughout 2012. Fellows are selected...
Affymetrix to Acquire eBioscience
SANTA CLARA, Calif., Dec. 16, 2011 — Affymetrix Inc. signed a definitive agreement to acquire eBioscience Inc. of San Diego, a privately held flow cytometry and immunoassay reagents company, for $330 million in cash subject to certain customary adjustments. Subject to customary...
Datalogic Acquires PPT Vision
MINNEAPOLIS, Dec. 16, 2011 — Automatic data capture and industrial automation company Datalogic SpA acquired machine vision technologies provider PPT Vision Inc. for $5.2 million, financed with internal capital resources, effective in early December. Under the agreement, PPT...
Gigaphoton Reaches Milestone
OYAMA, Japan, Dec. 15, 2011 — Lithography light source manufacturer Gigaphoton Inc. has shipped its 1000th excimer laser for semiconductor photolithography. Komatsu, Gigaphoton’s predecessor, marketed Japan’s first excimer laser in 1985, followed by the world’s...
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