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Business News
Startup to commercialize terabyte discs
Dec 1, 2012 — Businesses and consumers may soon have a cheaper, more manageable way to store large amounts of digital data, thanks to a university startup that aims to make optical films capable of holding 1 to 2 TB – or about 50 Blu-ray movies. As an alternative to storing data on energy-wasting magnetic discs or cumbersome magnetic tapes, Folio Photonics will use optical technology first developed by the Center for Layered Polymeric Systems at Case Western Reserve University’s School of Engi...
18 Firms to Vie for $94M at Invest in Photonics
BORDEAUX, France, Nov. 30, 2012 — Eighteen emerging technology companies from around Europe have been selected to participate in a special funding session at the two-day international business partnering convention Invest in Photonics next month in Bordeaux, a growing industrial...
Southern Photonics Adds Distributor in Japan
AUCKLAND, New Zealand, Nov. 30, 2012 — Southern Photonics this week announced its partnership with I-Wave Corp. to provide sales and support to customers in Japan.
Fichtner to Lead Sales for Jenoptik’s Lasers Unit
JENA, Germany, Nov. 29, 2012 — Jenoptik’s Lasers and Material Processing Div. has named Michael Fichtner the new head of sales for its Lasers business unit.
LightPath to Supply Digital Camera Maker
ORLANDO, Fla., Nov. 29, 2012 — LightPath Technologies Inc. will supply lenses to an undisclosed digital camera manufacturer under a $1.1 million initial stocking order, the company announced Thursday.
QBotix Receives $1M DoE Grant for Solar Robots
MENLO PARK, Calif., Nov. 28, 2012 — QBotix has received a $1 million development award under a government-funded initiative to develop more solar robots.
Ciena, Algonquin Unveil New Gear in Optophotonics Lab
OTTAWA, Ontario, Canada, Nov. 27, 2012 — Ciena Corp. has provided advanced optical telecommunications equipment to Algonquin College’s Optophotonics Lab. The equipment, installed earlier this month, will enable students to have practical learning opportunities with technology used in the...
Oclaro Selling Film Business to II-VI
SAN JOSE, Calif., Nov. 26, 2012 — Optoelectronic components maker Oclaro Inc. plans to sell its Santa Rosa-based thin-film filter business to II-VI Inc. subsidiary Photop Technologies, the company announced today. Under the $27 million cash deal, Oclaro also will sell its...
Thorlabs Acquires Maxion
NEWTON, N.J., Nov. 26, 2012 — Thorlabs has added mid-infrared laser capabilities with the acquisition of Maxion Technologies Inc. from Massachusetts-based contract research provider Physical Sciences Inc. Terms of the deal were not disclosed.
Bridgelux Promotes Lester to CFO Post
LIVERMORE, Calif., Nov. 23, 2012 — LED lighting technologies company Bridgelux Inc. has named corporate finance veteran Timothy Lester chief financial officer.
Polatis Procures $4M to Boost Manufacturing
ANDOVER, Mass., Nov. 23, 2012 — Polatis has secured $4 million of debt financing from Clydesdale Bank of Cambridge (England) to support global growth and product development.
CoolLED, Tek5 Systems Launch CoolLED USA
YORKTOWN HEIGHTS, N.Y., Nov. 22, 2012 — UK-based light-source manufacturer CoolLED Ltd. has teamed up with Tek5 Systems LLC to support research and OEM users of CoolLED products in the US and Canada.
Lumetrics to Develop Handheld Eye Scanner
ROCHESTER, N.Y., Nov. 22, 2012 — A pen-sized eye scanner could improve access to vision-related health care in the US and around the world, thanks to a grant issued by the National Institutes of Health (NIH) to Lumetrics.
Süss MicroOptics Moves to New Production Facility
NEUCHÂTEL, Switzerland, Nov. 21, 2012 — Süss MicroOptics SA has relocated its production facilities to upgrade its cleanroom and accommodate company growth.
WITec Adds Sales Rep in Canada
ULM, Germany, and MISSISSAUGA, Ontario, Canada, Nov. 21, 2012 — To strengthen its presence in Canada, WITec GmbH has named Spectra Research Corp. as its new sales representative.
AOT to Develop Laser Polarimeter for US Army
ALBUQUERQUE, N.M., Nov. 20, 2012 — Advanced Optical Technologies Inc. (AOT) will develop a next-generation laser polarimeter for the US Army under a Phase II Small Business Innovation Research (SBIR) contract.
CSA Group Acquires Orb Optronix
TORONTO, Nov. 20, 2012 — CSA Group has acquired Orb Optronix of Kirkland, Wash., to provide LED and lighting metrology testing and certification services to global lighting manufacturers. Financial terms of the deal were not disclosed.
Gildehaus Named Trumpf Northwest Sales Rep
FARMINGTON, Conn., Nov. 20, 2012 — Christopher Gildehaus is the new Northwest direct sales representative for Trumpf Inc., the industrial laser provider announced Monday.
Horiba Europe Opens New R&D Facility
PARIS, Nov. 20, 2012 — Horiba Europe’s new 7500-sq-ft research and technology center at Saclay Technopole is now open.
Martinez Named VP Engineering at Mobius Photonics
MOUNTAIN VIEW, Calif., Nov. 19, 2012 — Manuel Martinez, former engineering manager at Mobius Photonics Inc., has been promoted to vice president of engineering.
Picometrix Receives $6M Telecom Commitment
ANN ARBOR, Mich., Nov. 19, 2012 — Picometrix LLC has secured a $5.9 million commitment for 2013 from an undisclosed telecom network equipment customer.
REO Names Yousse as VP of Sales, Marketing
BOULDER, Colo., Nov. 19, 2012 — Photonics industry veteran Ed Yousse is REO’s new vice president of sales and marketing, the precision optical solutions company announced Friday.
Adlyte Expands Operations
ZUG, Switzerland, Nov. 16, 2012 — Extreme ultraviolet (EUV) light source developer Adlyte Inc. has expanded its semiconductor operations with a new facility that nearly triples the amount of development space available.
Materion Expands Large-Optics Coating Capabilities
WESTFORD, Mass., Nov. 16, 2012 — To better support astronomy and space applications, Materion Barr Precision Optics & Thin Film Coatings, a Materion Corp. business, is about to complete an 18-month enhancement project focused on the manufacturing and testing of its optical filters...
Photonics Prism Awards Finalists Offer Solutions for Pollution, Manufacturing, Brain Imaging, More
PITTSFIELD, Mass., and BELLINGHAM, Wash., Nov. 16, 2012 — Sensors for monitoring environmental toxins and detecting explosives, powerful new lasers for manufacturing, and tools for non-invasive imaging deep inside the brain are among finalists in nine categories for the 2013 Prism Awards for Photonics...
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