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Newport Inks $14M Deal for Optomechanical Subsystems

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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...Read full article

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    Published: November 2013
    Glossary
    optomechanical
    Optomechanical refers to the integration of optical and mechanical systems or components. In optomechanical systems, optics (related to the manipulation of light) and mechanics (related to the movement and manipulation of physical objects) are combined to achieve specific functionalities or goals. Optomechanical systems are often used in fields such as precision engineering, telecommunications, photonics, and experimental physics. They can involve the design and construction of devices like...
    photonics
    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...
    AmericasBusinessCaliforniaindustrialNewportOEMOpticsoptomechanicalphotonicsRobert Phillippysemiconductor equipmentsubsystemLasers

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