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Business News
Hyperspectral Imaging System Could Advance Flight- and Space-Based Remote Sensing
BEER-SHEVA, Israel, Dec. 30, 2016 — Advances in spectroscopy imaging will be applied to the development of a hyperspectral/ultraspectral imaging system that will be used for remote sensing. The imaging system incorporates a novel camera system that uses a compressive sensing technology. The camera, which has been significantly miniaturized, requires only one-tenth of the data traditionally needed to quickly produce high-resolution images. The camera system is based on the work of researchers at Ben-Gurion University of
Nokia, Ooredoo Algeria Collaborate on Optical Transport
ESPOO, Finland, Dec. 30, 2016 — Communications and informational technology company Nokia Corp. and Ooredoo Algeria, the Algerian telecommunications subsidiary of the Ooredoo Telecommunications Group, have collaborated on a high-speed optical transport field trial that...
Space Photonics Receives Patent for Free Space Laser Communications
FAYETTEVILLE, Ark., Dec. 30, 2016 — Space-qualified optics developer Space Photonics Inc. has received its seventh patent in the technology sector that includes free space laser communications. The new patent, titled “Simultaneous Multi-Channel Optical Communications System with...
PTCL Fiber Optics Cause Internet Blackout in Pakistan
KARACHI, Pakistan, Dec. 29, 2016 — Fiber optics from Pakistan Telecommunication Co. Ltd. (PTCL) caused a massive Internet blackout across the country last week. Internet speed across Pakistan plummeted by nearly 60 percent when a major technical issue surfaced in Karachi and...
Lumus Announces $30M Funding Round
REHOVOT, Israel, Dec. 29, 2016 — See-through display optics developer Lumus Ltd. has announced a $30 million funding round led by electronics companies Quanta Computer Inc. and HTC Corp. to continue its augmented reality (AR) and virtual reality (VR) development. “AR/VR is...
Varian Planning to Buy PerkinElmer Medical Imaging
WALTHAM, Mass., Dec. 29, 2016 — Life sciences and diagnostic technology developer PerkinElmer Inc. is planning to sell its medical imaging business to Varian Medical Systems Inc. The business supplies flat panel X-ray detectors that serve as components for industrial, medical and...
Global IR Detector Market Set for Growth
PORTLAND, Ore., Dec. 28, 2016 — The global IR detector market is expected to reach $466 million by 2022, according to a new report by Allied Market Research. Registering a compound annual growth rate of 9.7 percent, the market will benefit from the presence of key market players...
ISP Optics Acquired by LightPath
ORLANDO, Fla., Dec. 28, 2016 — Optical component and assembly manufacturer LightPath Technologies Inc. has acquired precision optics manufacturer ISP Optics Corp. for $12 million in cash with a balance of five-year subordinated notes issues to sellers. LightPath also announced...
Kruesi Becomes US Managing Director of Fisba
ST. GALLEN, Switzerland, Dec. 28, 2016 — Optical systems developer Fisba AG has appointed former CEO Werner Kruesi as its U.S. managing director. Kruesi brings more than 60 years of experience in the photonics industry. He served as Fisba CEO for over 20 years at the company’s...
Process Spectroscopy Market Set to Grow
SAN FRANCISCO, Dec. 27, 2016 — The process spectroscopy market is expected to reach 1.27 billion by 2022, according to a report by Radiant Insights Inc. The pharmaceutical industry is anticipated to be the key end-use segment for the market growth over the forecast period, with...
Univ. of Pitt, Ansys Receive NASA Grant
PITTSBURGH, Dec. 27, 2016 — Additive manufacturing (AM) researchers at the University of Pittsburgh's Swanson School of Engineering and simulation software company Ansys Inc. are among 13 university-led proposals to capture an Early Stage Innovations (ESI) grant from NASA's...
Ogasawara Appointed Managing Director of Instrument Systems
MUNICH, Dec. 27, 2016 — Tsutomu Ogasawara has succeeded Taro Sasada as managing director of turnkey solutions manufacturer Instrument Systems GmbH. “Taro Sasada has created a strong bond between Konica Minolta and Instrument System,” Ogasawara said. “I...
Laser-Cutting, Automation Provider Cincinnati Appoints Frontino Regional Sales Engineer
HARRISON, Ohio, Dec. 26, 2016 — Laser cutting and automation provider Cincinnati Inc. has appointed Kristina Frontino as regional sales engineer for northern California, Nevada, Utah and southern Idaho. Frontino brings five years of project management experience to Cincinnati and...
Specialised Imaging Camera Used for Hypervelocity Testing at Technical University of Munich
MUNICH, Dec. 26, 2016 — The Institute of Astronautics at the Technical University of Munich has used the SIM-X ultra-high-speed framing camera from imaging systems provider Specialised Imaging Ltd. to record high-resolution images of hypervelocity impacts on granular media...
Zecotek Photonics Begins Development of a 3D Display System for European Auto Company
RICHMOND, British Columbia, Dec. 26, 2016 — Zecotek Photonics Inc. has been approached by a major European automobile manufacturer to jointly integrate a 3D display system into a head-up display (HUD) and entertainment console, based on its patented 3D auto-stereoscopic display technology....
PI Alignment Engine Ranks Top R&D Product
AUBURN, Mass., Dec. 25, 2016 — The FMPA Fast Multichannel Photonics Alignment Engine from Physik Instrumente LP has been named on the Top 100 most technologically significant analytical/test products in the 2016 R&D Awards. The device is an advanced alignment system based on...
Luster LightTech Named Chinese Distributor of nLight Fibers
VANCOUVER, Wash., Dec. 25, 2016 — Semiconductor, laser and fiber manufacturer nLight Corp. has appointed Luster LightTech Group as its distributor in China. Luster LightTech will provide sales and support for nLight’s active and passive optical fiber products. nLight LIEKKI...
Osram Outfits Hockey Players to Celebrate Anniversary
MUNICH, Dec. 25, 2016 — Light developer Osram Licht AG outfitted the Eishockeyclub Red Bull Munich professional hockey team with wearable high-tech lighting for a night game, crowning celebrations for the brand’s 110th anniversary. The rink and its surrounding area...
Federal Reserve Security Places LaserMax Order
ROCHESTER, N.Y., Dec. 23, 2016 — Laser gun sight manufacturer LaserMax Inc. has received an order from the U.S. 4th District Federal Reserve Security Force for its Guide Rod Lasers used in the security-force-issued Glock G17 and G19 pistols. "The adoption of the Guide Rod lasers...
Teledyne Technologies to Acquire e2v
THOUSAND OAKS, Calif., Dec. 23, 2016 — Electronic component developer Teledyne Technologies Inc. will be acquiring technology systems developer e2v Technologies PLC. Under the terms of the offer, e2v’s shareholders will receive 275 pence in cash for each e2v share valuing the...
AMS Withdraws from NY Wafer Facility
PREMSTAETTEN, Austria, Dec. 23, 2016 — Sensor manufacturer AMS AG has withdrawn from a proposed wafer fabrication facility project with the state of New York amid delays. ”We received a warm welcome from day one from the State of New York, the Utica community, Oneida County and...
JM Vistec System to Carry Smart Vision Light Products
MUSKEGON, Mich., Dec. 23, 2016 — Machine vision lighting distributor JM Vistec System Pte. Ltd. has signed a distribution agreement with industrial LED manufacturer Smart Vision Lights to carry its LED lights and accessories in the Asia-Pacific market. Headquartered in Singapore,...
GE Acquires Stake in Concept Laser, Arcam
BOSTON, Dec. 22, 2016 — General Electric Co. has announced the execution of an agreement to acquire a 75 percent stake in Concept Laser, a German manufacturer of 3D metal printing machines, allowing it to take full ownership over the next several years. GE has also...
Coating Unit, Assisted by AccuCoat, Installed in Rochester High School
ROCHESTER, N.Y., Dec. 22, 2016 — Thin-film optical coating provider AccuCoat Inc. has assisted a local high school in obtaining its own coating unit. Sixty students per semester at East High School in Rochester will now reap the benefits of understanding mirror and AR coatings, as...
Lopez Awarded AVS Technologist Award
ALBUQUERQUE, N.M., Dec. 22, 2016 — Sandia National Laboratories technologist Michael F. Lopez has received the American Vacuum Society’s (AVS) Thin Film Division Distinguished Technologist Award for his exceptional technical support of thin film research and development....
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