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Business News
Flaminia Joins Mellanox as General Counsel
SUNNYVALE. Calif., Sept. 22, 2016 — Interconnect data solutions provider Mellanox Technologies Ltd. has appointed Alinka Flaminia as its senior vice president and general counsel, assuming responsibility for the company’s global legal affairs, public policy interests and compliance operations. Gideon Rosenberg, former general counsel, will now take on the role of deputy general counsel.
Integrated Optics Offering Laser Rental
VILNIUS, Lithuania, Sept. 22, 2016 — Laser manufacturer Integrated Optics UAB has announced continuous-wave laser rental. “We have gained enough trust in our new products based on very positive OEM and scientific customer evaluation, now we decided to offer these lasers for...
Lighting Sciences Signs Patent Agreement with Osram-Sylvania, Hubbell
WEST WARWICK, R.I., Sept. 21, 2016 — LED solutions provider Lighting Science has announced the signing of a perpetual patent license agreement with Osram-Sylvania Inc. and Hubbell Lighting, a division of Hubbell Inc. The license agreements cover Lighting Science’s 968 patent family and...
Hamilton Thorne Acquires Embryotech
TORONTO, Sept. 21, 2016 — Laser and imaging provider Hamilton Thorne Ltd. has announced the acquisition of Massachusetts-based Embryotech Laboratories Inc. for $7.25 million. “Embryotech is the acknowledged U.S. leader in providing quality control services and testing assays...
Pyreos Secures £1.8M in Funding
EDINBURGH, Sept. 20, 2016 — Sensor developer Pyreos Ltd. has secured £1.8 million ($2.4 million) of funding from new and existing shareholders as it continues to expand its business.
Hyperspectral Imaging Poised for Growth
HYDERABAD, India, Sept. 20, 2016 — The global hyperspectral imaging market is projected to reach $90 million by 2021 with a compound annual growth rate of 9.8 percent, according to a report by Mordor Intelligence.
Trumpf Creates Venture Capital Firm
DITZINGEN, Germany, Sept. 19, 2016 — Manufacturing solutions provider Trumpf GmbH & Co. KG has founded Trumpf Venture GmbH, a venture capital company to fund technology startups. The company aims to fund promising young companies that want to play a major role in shaping the future of...
Oclaro Receives Cisco Distributor Award
SAN JOSE, Calif., Sept. 16, 2016 — Optical communications developer Oclaro Inc. has received Cisco Systems Inc.’s 2016 Excellence in Emerging Technology Award, as recognition for its supply work. The award recognizes Oclaro for contributing in the area of exceptional technology...
AIS Becomes Fanuc Integrator
WINDSOR, Ontario, Sept. 16, 2016 — Advanced manufacturing company Active Industrial Solutions (AIS) has become an authorized Fanuc System integrator. “Fanuc is very excited to have AIS recently join our authorized system integrator network,” said Norbert Boch, account...
Mitutoyo Acquires Stake in Tag Optics
KAWASAKI, Japan, Sept. 15, 2016 — Measurement and metrology company Mitutoyo Corp. has acquired a majority stake in lens developer Tag Optics Inc. Originally announced in February, the framework agreement between the two companies has, among other on-going joint technological...
OFS Cable Wins Innovation Award
NORCROSS, Ga., Sept. 15, 2016 — The LaserWave FLEX WideBand Multimode Optical Fiber from OFS Fitel LLC has won a silver award from the 2016 Cabling Installation and Maintenance Innovators Awards Program. Presented annually, the awards recognize the most innovative applications of...
Molex Fiber Used on NASA Climate Monitoring Satellite
LISLE, Ill., Sept. 15, 2016 — Molex LLC has announced that is Polymicro Technologies optical fiber is being used to build NASA’s Ice, Cloud and Land Elevation Satellite-2 (ICESat-2) for climate monitoring. The satellite, slated to be launched in 2017 from Vandenberg Air...
Framos Selected as Ximea Distributor
MUNSTER, Germany, Sept. 15, 2016 — Camera developer Ximea GmbH has selected image processing developer Framos Technologies Inc. as its North American distributor. ”Over the last years, our businesses and opportunities have increased considerably in North America,” said...
Leica Expands in Southeastern US
BUFFALO GROVE, Ill., Sept. 14, 2016 — Microscope developer Leica Microsystems Inc. has announced an expansion in the southeastern United States. Associated Microscope Company Inc. of Elon, North Carolina, will represent Leic’sa educational microscopy solutions exclusively in the...
Elbit Receives $90M+ Contract
HAIFA, Israel, Sept. 14, 2016 — High technology company Elbit Systems Ltd. has announced an $90-million supply contract for its SPECTRO XR advanced electro-optic systems from an Asia-Pacific country. SPECTRO XR is an ultra-long-range, day/night, multi-spectral electro-optical...
AIS Acquires Radix
WINDSOR, Ontario, Sept. 14, 2016 — Active Industrial Solutions (AIS) has acquired fellow advanced manufacturing company Radix Inc. “The AIS-Radix acquisition is the perfect example of technology and manufacturing coming together to present the innovation and advancement that...
RPO Awarded Small Business Grant for Chalcogenide Glass IR Development
ROCHESTER, N.Y., Sept. 13, 2016 — Rochester Precision Optics (RPO) LLC has been awarded a grant from the Small Business Technology Transfer (STTR) government program to pursue chalcogenide glass IR optic development for quantum cascade lasers. RPO, after successful completion of...
PI Alignment System Named R&D 100 Finalist
AUBURN, Mass., Sept. 13, 2016 — The FMPA Fast Multichannel Photonics Alignment Engine advanced alignment system from Physik Instrumente (PI) LP is a 2016 R&D 100 Awards Finalist, selected by a group of R&D Magazine’s judges. The awards honor the most innovative...
Ophthalmic Lasers Market Set to Grow
PUNE, India, Sept. 13, 2016 — The global excimer and femtosecond ophthalmic lasers market is expected to increase at a rate of nearly 4 percent in 2016, reaching $666 million in revenue, according to Future Market Insights Global & Consulting PVT Ltd. North America, Europe...
CSA Laser Launches Aboard NASA OSIRIS-REx
LONGUEIL, Quebec, Sept. 13, 2016 — A laser altimeter from the Canadian Space Agency (CSA) has been launched on board of NASA's OSIRIS-REx (Origins, Spectral Interpretation, Resource Identification, Security-Regolith Explorer) spacecraft, en route to the Bennu asteroid. The instrument...
Renishaw Expands, Announces Management Changes
AUBURN HILLS, Michigan, Sept. 12, 2016 — Engineering company Renishaw Inc. has announced changes to its U.S. senior management team, as well as the development of a new technology center. Leo Somerville, former president of Renishaw, has been promoted to oversee Renishaw North America in a...
Merck Opens New OLED Production Plant
DARMSTADT, Germany, Sept. 12, 2016 — Science and technology company Merck KGaA, has opened a new production plant for OLED materials in Darmstadt, Germany. After a 14-month construction period, high-purity OLED materials for use in state-of-the-art displays and lighting systems are now...
Flir Publishes iBook on Optical Gas Imaging
MEER, Belgium, Sept. 12, 2016 — Sensor developer Flir Systems has published a free iBook version of its popular Optical Gas Imaging (OGI) professional guide for use on Apple iPad or iPhone devices. The guide will enable users to quickly gain a greater understanding of optical gas...
Carbon Nanotube Market Poised for Growth
BOSTON, Sept. 12, 2016 — According to a report by Lux Research, the carbon nanotube market will grow to 560 million in 2025, driven by faster development of commercial applications, while the market for graphene will lag at $305 million, on account of slower adoption in...
Richter Named President, CEO of Suss Microtec
GARCHING, Germany, Sept. 9, 2016 — Semiconductor equipment developer Suss MicroTec AG has appointed Dr. Franz Richter as its president and CEO. "We are delighted that in Dr. Richter we could win a proven expert familiar with the company as well as the industry and an internationally...
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