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Business News
Synoptics Starts Advanced Technology Group
CAMBRIDGE, England, Sept. 30, 2011 — Synoptics announced it has established the Advanced Technology Group, a new division within the company that will work with life science companies and academic clients to deliver custom imaging equipment to improve bench-based research, quality control or clinical development processes. Comprising the Syngene, Synbiosis and Syncroscopy divisions, Synoptics provides products for life scientists to enhance the quality and speed of their research. “We are increasingly being...
GT Crystal Systems to Supply Large Sapphire Blank for LCGT
MERRIMACK, N.H., Sept. 29, 2011 — GT Crystal Systems announced it has received an order for a large, low absorption optical sapphire blank for the Large-Scale Cryogenic Gravitational Wave Telescope (LCGT) program in Japan. The LCGT will use the sapphire optic to measure...
McDaniel Named CEO of SCD.USA LLC
MELBOURNE, Fla., Sept. 29, 2011 — Robert McDaniel was appointed president and CEO of SCD.USA LLC, the company announced. A veteran in the infrared and electro-optic industry for aerospace and defense applications, McDaniel is the former vice president of sensors and...
NeoPhotonics Acquiring Laser Array Maker
SAN JOSE, Calif., Sep 29, 2011 — NeoPhotonics Corp., a maker of photonic integrated circuit (PIC) based modules and subsystems for high-speed communications networks, will acquire Santur Corp., a privately held designer and manufacturer of indium phosphide (InP) based PIC products,...
PI Opens Singapore Office
AUBURN, Mass., Sept. 29, 2011 — Precision positioning systems manufacturer Physik Instrumente (PI) LP announced its expansion into the Asian market with the opening of a direct office in Singapore. PI Singapore staff. (Image: PI) Before opening the office in June, PI was...
eMagin Ships OLED Deposition Machine
BELLEVUE, Wash., Sept. 28, 2011 — eMagin Corp. announced that its new proprietary organic LED (OLED) deposition machine was shipped from the manufacturer, SNU Precision Co. Ltd., and is scheduled to arrive at eMagin’s production facility in Hopewell Junction, N.Y., in early...
Excelitas Hires General Counsel
WALTHAM, Mass., Sept. 28, 2011 — Steven E. Boyce has joined customized optoelectronics provider Excelitas Technologies as vice president, general counsel and secretary, the company announced. In his new role, Boyce will oversee all legal matters relating to the company. ...
Genius Award Winners Announced
CHICAGO, Sept. 28, 2011 — The John D. and Catherine T. MacArthur Foundation recently announced 22 new MacArthur fellows for 2011. Included are a condensed matter physicist and a neuropathologist. All fellows are selected for creativity, originality and potential to make...
ULIS to Supply Infrared Sensors for New Thermal Imaging Cameras
VEUREY-VOROIZE, France, Sept. 28, 2011 — ULIS, a subsidiary of Sofradir, has signed a contract with a California-based maker of video and security systems to supply infrared sensors for a new line of thermal imaging cameras. The contract with Pelco, a division of Schneider Electric...
BAE Systems to Cut Nearly 3000 Jobs
FARNBOROUGH, England, Sept. 27, 2011 — Defense contractor BAE Systems announced Tuesday it will cut 2942 jobs in an attempt to maintain its competitiveness as customers face huge pressures on how they spend their defense budgets. Of the cuts, more than half, 1742, will take place...
MIRTHE to Host Investment Workshop on Medical Apps of Mid-IR Tech
PRINCETON, N.J., Sept. 27, 2011 — The National Science Foundation Engineering Research Center on Mid-Infrared Technologies for Health and the Environment (MIRTHE) has announced that it will host an Investment Focus Group (IFG) Workshop on Medical Applications for Mid-IR Technologies...
VDS Vosskühler Now Integrated into AVT
AHRENSBURG, Germany, Sept. 27, 2011 — As of Sept. 1, the former VDS Vosskühler GmbH of Osnabrück, Germany, no longer exists as an independent legal entity and has been incorporated as a branch office of Allied Vision Technologies GmbH, AVT announced. AVT is expanding its...
Flir Nets $21M Medevac Order
PORTLAND, Ore., Sept. 26, 2011 — Flir Systems Inc. announced it has received a $20.9 million delivery order from the US Army for its Star Safire II stabilized multisensor systems, to support the Army’s Medevac program. The units will be used on the Army Medevac UH-60...
Fujitsu Develops Si Photonics Light Source
KAWASAKI, Japan, Sept. 26, 2011 — Fujitsu Laboratories has developed a compact silicon photonics light source that can be used in transceivers for optical interconnects capable of carrying huge volumes of data at high speeds between CPUs. Optical transceiver in CPU module...
MicroVision Sells Stock to Azimuth to Raise Cash
REDMOND, Wash., Sept. 26, 2011 — MicroVision Inc. announced it has secured a committed equity financing facility under which it may sell up to $35 million of its shares of common stock to Azimuth Opportunity Ltd. over a 24-month period. Under the agreement, MicroVision is not...
PI Acquires Majority Stake in miCos
KARLSRUHE & ESCHBACH, Germany, Sept. 26, 2011 — Piezo and nanopositioning products maker PI (Physik Instrumente) announced today that it has recently acquired a majority share in miCos GmbH of Eschbach, a micropositioning and motion control specialist. Financial terms of the deal were not...
Kaul to Lead EPMD Program at NSF
ARLINGTON, Va., Sept. 23, 2011 — Dr. Anupama B. Kaul has joined the National Science Foundation’s Electrical, Communications and Cyber Systems Div. as its new program director in Electronics, Photonics and Magnetic Devices (EPMD), the foundation announced. Kaul comes to...
Palomar, Syneron Settle Patent Suits
BURLINGTON, Mass., and YOKEAM, Israel, Sept. 23, 2011 — Cosmetic laser maker Palomar Medical Technologies Inc. of Burlington has announced the receipt of $31 million plus royalties from aesthetic device company Syneron Medical Ltd. of Yokeam in a comprehensive settlement agreement of their...
Solyndra Execs Take the Fifth
WASHINGTON, Sept. 23, 2011 — As expected, top executives from defunct solar company Solyndra invoked their Fifth Amendment rights under the Constitution against self-incrimination Friday morning during a hearing of the House Energy and Commerce Subcommittee on Oversight and...
Heathrow Unveils Laser-Guided Transport Pods
LONDON, Sept. 22, 2011 — Heathrow Airport now has 21 laser-guided pods to transport passengers and their luggage along a dedicated 3.8-km (2.4 mile) guide way to their destination. (Images: Ultra PRT) The systems are low-energy, battery-operated, zero-emission...
UTC Buying Goodrich Corp. for $18.4B
HARTFORD, Conn. and CHARLOTTE, N.C., Sept. 22, 2011 — United Technologies Corp. (UTC) announced Wednesday it will buy Goodrich Corp. for $18.4 billion in cash, or $127.50 per share, to strengthen its position in the aerospace and defense industries.
DoE SunShot Awards Top $145M for Solar Tech
WASHINGTON, Sept. 21, 2011 — As part of its SunShot Initiative, the Department of Energy (DoE) has awarded more than $145 million for advanced solar technology projects. The program, whose goal is to reduce cost and increase efficiency of solar energy systems by 75 percent by...
LBT Adds 3 to Management Team
VANCOUVER, British Columbia, Canada, Sept. 21, 2011 — Concurrent with the closing of its largest financing to date, Light-Based Technologies (LBT) Inc. announced the addition of three executives to its senior management team. Art Aylesworth joins the company as chief executive officer, bringing...
Photonics Industry Commits to $9.5B Investment in Europe
DÜSSELDORF, Germany, Sept. 21, 2011 — Photonics21 has proposed a €7 billion (about $9.5 billion) public-private partnership (PPP) investment to deliver technology innovation and to cultivate future growth and job creation in Europe. The proposal seeks to establish the PPP...
Webb Space Telescope Funded, for Now
WASHINGTON, Sept. 20, 2011 — Two months after a House committee recommended defunding the project altogether, the James Webb Space Telescope was saved by a Senate subcommittee, which is allocating $530 million to the international project in 2012. The 2012 appropriations bill...
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