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Newport Inks $14M Deal for Optomechanical Subsystems
Nov 2013
IRVINE, Calif., Nov. 5, 2013 — Newport Corp. has signed a $14 million deal to collaborate with an OEM customer to develop optomechanical subsystems for a next-generation semiconductor equipment application, the company said Monday.

The development program with the unnamed OEM has already started, Newport said. The company is designing the subsystems with the customer and will manufacture prototypes and related equipment; it expects to deliver the first prototype units in mid-2014.

Newport President and CEO Robert J. Phillippy said the program leverages the company’s “expertise and breadth of technology in optics, photonics and lasers to develop and manufacture highly engineered solutions for our customers’ most demanding applications.”

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The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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