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Business News
Modulight Revenue up in 2011
TAMPERE, Finland, Jan. 3, 2012 — Revenue for 2011 was up 10 percent over 2010 for laser manufacturer Modulight Inc., president and CEO Petteri Uusimaa reported in the company’s year-end newsletter. Modulight attributed its growth to establishing business with new customers and generating business in new areas, including the development of OEM laser solutions for therapy and diagnostics applications. The work was further supported by the receipt of ISO 13485:2003 certification in October 2011, which Uusimaa said proved...
2011 Prism Award Finalists Announced
Jan 1, 2012 — The finalists for the 2011 Prism Awards for photonics innovation have been announced in nine categories by co-sponsors Photonics Media and SPIE, and feature a wide range of products, from eyeglasses that automatically change focus to the first...
BaySpec Expands Production Capacity
Jan 1, 2012 — Miniature spectral engines supplier BaySpec Inc. of San Jose, Calif., has expanded production capacity for its optical channel performance monitors (OCPMs). The IntelliGuard series OCPMs, which are upgradable for new 10-, 40- and 100-G modulation...
Calient Funding Round Raises $19M
Jan 1, 2012 — Calient Technologies Inc. of Santa Barbara, Calif., a specialist in photonic switching, has raised $19.4 million in venture financing from new and existing internal investors. The company will use the funding to expand into the data center and cloud...
Coatings Drawn at 2500 m/min
Jan 1, 2012 — Nextrom of Vantaa, Finland, recently combined its OFC 20 draw process technology with DSM Functional Materials’ DeSolite supercoatings. The result was process speeds of 2500 m/min – 50 percent faster than that of average production in...
Cobolt Completes Expansion
Jan 1, 2012 — Diode-pumped solid-state laser manufacturer Cobolt AB of Stockholm has completed a 40 percent expansion of its cleanroom production facilities and made investments in new manufacturing and test equipment. The addition provides the capacity needed to...
Companies Ink Micromachining Deal
Jan 1, 2012 — Applied Energetics Inc. (AE) of Tucson, Ariz., and 8059%%Laser Light Technologies Inc. of Hermann, Mo., will jointly develop ultrashort-pulse lasers and processes for the laser machining market. AE will provide an ultrashort-pulse laser to Laser...
Cree Subsidiary to Add Jobs
Jan 1, 2012 — Ruud Lighting of Racine, Wis., recently acquired by Cree Inc., plans a 208,000-sq-ft expansion to its manufacturing facility and a $24.5 million investment in the fabrication and assembly of LED lighting. The company estimates that 469 full-time...
Cubic Wins $19M for Laser-Based Trainer
Jan 1, 2012 — Cubic Defense Applications, a unit of Cubic Corp., has won a $19 million competitive contract for the Instrumentable Multiple Integrated Laser Engagement System Individual Weapons Systems (I-MILES IWS). The contract was awarded by the US...
Emcore Bolsters Cable Production
Jan 1, 2012 — Emcore Corp. of Albuquerque, N.M., has announced full-scale production of its new 56-Gb/s 14 data rate (FDR) active optical cables for Ethernet router and switch applications, and computing. The cables are an addition to the company’s Connects...
FEI Buys Till Photonics
Jan 1, 2012 — Scientific instruments maker FEI has purchased 15034%%Till Photonics GmbH of Munich for €14.5 (about $20 million). Till provides digital light microscopes and high-speed imaging systems for live-cell fluorescence microscopy. FEI’s...
Heraeus Opens Center in Singapore
Jan 1, 2012 — Heraeus of Hanau, Germany, a developer of front- and back-side silver pastes for crystalline solar cells, has opened its Asian Photovoltaics Center in Singapore. The center will be the company’s latest full-service facility, complete with...
Ilumisys Grants License to LED Optics
Jan 1, 2012 — Ilumisys Inc., a supplier of solid-state lighting technology, has granted a license for LED fluorescent tube replacements to LED Optics of Boca Raton, Fla., a manufacturer of replacement LED T8 tubes. The contract provides for royalty payments in...
Imra America Partners with MagArray
Jan 1, 2012 — Imra America Inc. of Ann Arbor, Mich., and MagArray Inc. of Sunnyvale, Calif., are collaborating to develop MagArray’s magneto-nanoparticle immunoassay technology, which is based on research from Stanford University. The companies will develop...
Leica Acquires Labindia Unit
Jan 1, 2012 — Leica Micro-systems of Wetzlar, Germany, a provider of microscopy systems and histology solutions, has purchased the microscopy and histopathology business of Labindia Instruments Pvt. Ltd., a Delhi, India-based company that has distributed...
Lighthouse Imaging Secures Patent
Jan 1, 2012 — Lighthouse Imaging Corp. of Portland, Maine, has announced that a key element of its Endolume endoscopic testing device has been issued Patent No. 8040496 by the US Patent and Trademark Office. The patent is for the company’s Optical Bridge,...
LumaSense Buys Thermal Imaging Assets
Jan 1, 2012 — To enhance sales, support and aftermarket services for its line of thermal imaging devices, LumaSense Technologies of Santa Clara, Calif., has acquired the thermal imaging and services assets of Reliability Point LLC of Zachary, La. The companies...
MEMS Display Prototypes Created
Jan 1, 2012 — Pixtronix Inc. of Andover, Mass., and Chimei Innolux Corp. (CMI) of Taiwan have developed 5-in.-diagonal microelectromechanical systems (MEMS) display prototypes. The companies previously developed 2.5-in.-diagonal prototypes. Since then, they have...
MicroVision Receives $3.5M Order
Jan 1, 2012 — Micro-Vision Inc. of Redmond, Wash., has received a $3.5 million follow-on order from ESPlus Co. Ltd. for its PicoP laser projection display engine. The order is scheduled for shipment to the Kimpo City, South Korea, consumer electronics...
Navitar Licenses Technology to Carl Zeiss
Jan 1, 2012 — Optical technology provider Navitar Inc. has agreed to license its Hoffman Modulation Contrast (HMC) to German optics manufacturer 17822%%Carl Zeiss MicroImaging GmbH. Zeiss will manufacture objectives, modulators, slit apertures and condensers...
Newport's Ophir Acquisition Closes
Jan 1, 2012 — Ophir Optronics Ltd. shareholders have approved the electro-optics systems maker’s acquisition by 10218%%Newport Corp., and regulators have approved the $230 million deal. The Jerusalem-based Ophir makes photonics instrumentation and 3-D...
Optim Acquires Company
Jan 1, 2012 — Endoscope manufacturer Optim LLC has acquired Precision Endoscopic Technologies, formerly Max Endoscopy of Mentor, Ohio. The new company, called Precision Endoscopic Technologies LLC, will operate as a division of Optim and will be collocated at its...
Oxford Instruments Buys Company
Jan 1, 2012 — Oxford Instruments plc of Abingdon, England, has acquired Platinum Medical Imaging LLC of Deerfield Beach, Fla., and Vacaville, Calif. Oxford Instruments said it was attracted to Platinum Medical because of growth in the third-party service market...
Picometrix Receives Development Contract
Jan 1, 2012 — Picometrix, a subsidiary of 303%%Advanced Photonix Inc. of Ann Arbor, Mich., has received a follow-on $600,000 Phase II Small Business Technology Transfer government contract from NASA to further develop a CT terahertz scanner accessory for...
Precision Optical Relocates
Jan 1, 2012 — Precision Optical has moved to a 42,000-sq-ft facility in Costa Mesa, Calif., about five miles from its previous location. The plant more than doubles its office and manufacturing space. The company also has acquired additional coating, metrology...
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October 2024
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