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Business News
Ocean Optics Expands 3-Year Warranty
DUNEDIN, Fla., June 28, 2010 — Miniature spectroscopy company Ocean Optics announced the expansion of its exclusive three-year warranty beyond its spectrometers to include light sources and other accessories. Effective July 1, 2010, spectrometers, light sources and sampling accessories purchased from the company and its authorized distributors will be covered for a full three years against manufacturing defects, regardless of application. In addition, optical fibers and probes will be covered for a full 12...
Sick Adds New Distributor
MINNEAPOLIS, Minn., June 28, 2010 — Sick Inc. announced that Process Value Automation (PVA) has become a Sick authorized distributor, and it will offer sales staff and high level technical expertise to Sick's clients. Headquartered in Las Vegas, PVA specializes in industrial process...
Toptica Wins ESO Contract for Laser Guide Stars
VICTOR, N.Y., June 28, 2010 — Toptica Photonics has won a €5.2 million (about $6.4 million) contract from the European Southern Observatory (ESO) to develop four continuous-wave, high-power laser guide stars for the ESO's Very Large Telescope (VLT) in Paranal, Chile.
Veeco Awarded $800K for Solar Tech
ST. PAUL, Minn., June 28, 2010 — The St. Paul operations of Veeco Instruments Inc. was awarded $800,000 in matching funds by the Minnesota Department of Commerce’s Office of Energy Security (OES) provided by the American Recovery and Reinvestment Act to support emerging...
Halma Reports Record Earnings, Earmarks $150M for Acquisitions
AMERSHAM, England, June 25, 2010 — Safety, health and sensor technology group Halma plc announced record results for the full year ending April 3, with profits up 9 percent to $125 million and revenue rising by 1 percent to $665 million. As part of its ongoing expansion plan, the...
SiOnyx Detectors Set Milestone
BEVERLY, Mass., June 25, 2010 — SiOnyx Inc., in collaboration with the Army Research Office (ARO), has successfully demonstrated pixel-scale detectors with room temperature detectivity (D*) exceeding 1×1014 Jones. This represents a full 10× improvement over traditional...
Fiberguide Names Tan as Sales Manager in China, Taiwan
STIRLING, N.J., June 24, 2010 — As part of an ongoing effort to grow its sales organization, Fiberguide Industries named Teddy Li Tan as the area sales manager for China and Taiwan. Based at Fiberguide’s Shanghai office, Tan will seek out new opportunities and...
Northrop Grumman Exceeds Fiber Laser Goals
REDONDO BEACH, Calif., June 24, 2010 — Northrop Grumman Corp., a defense and technology company, has surpassed Phase I goals for the Defense Advanced Research Projects Agency’s (Darpa) Revolution in Fiber Lasers (RIFL) program that seeks to mature fiber laser technology. As a...
Struers to Sell Phenom-World SEMs in Nordic Region
EINDHOVEN, The Netherlands, June 24, 2010 — Struers A/S and Phenom-World BV announced today the start of a partnership making Struers the exclusive distributor for the Phenom Desktop scanning electron microscope (SEM) in Denmark, Finland, Norway and Sweden. The semi-automatic and automatic...
Finisar Appoints Michael Child to Board
SUNNYVALE, Calif., June 23, 2010 — Fiber optic subsystems and components provider, Finisar Corp. announced the appointment of Michael C. Child to its board of directors, where he will also serve on the compensation committee. Employed by TA Associates Inc. since 1982, Child currently...
PhotoMedex to Begin Laser Treatment of Psoriasis Clinical Trials
MONTGOMERYVILLE, Pa., June 23, 2010 — Global skin health solutions company PhotoMedex Inc. announced this month that Dr. John Koo will serve as the principal investigator in a clinical study to assess the efficacy of its Xtrac Velocity excimer laser in the treatment of generalized...
RMI Fined $1M for Illegal Exports
DENVER, June 23, 2010 — Optical components maker Rocky Mountain Instrument Co. (RMI) of Lafayette, Colo., pleaded guilty Tuesday to one count of exporting defense articles without a license, the Department of Justice said. The company has agreed to forfeit its $1 million...
StockerYale Changes Name to ProPhotonix
SALEM, N.H., Jun 23, 2010 — StockerYale Inc. announced Wednesday it has changed its name to ProPhotonix Ltd., effective immediately. The company said the name change reflects its "track record for innovations in optics technology for both LED systems and diode-based lasers."...
General Dynamics UK Acquires Kylmar
LONDON, June 22, 2010 — General Dynamics United Kingdom Ltd., a business unit of US-based General Dynamics, today acquired privately held Kylmar Ltd., a manufacturer of sensor and optical surveillance systems for military and security applications. The value of the cash...
Next Instruments Launches
CONDELL PARK, Australia, June 22, 2010 — Next Instruments Pty Ltd. was announced by its directors to bring together a group of analyzers that have been developed by universities, government research organizations and small high tech companies. The new venture is the result of an expansion...
Spectranetics Settles Class Action Suit for $8.5M
COLORADO SPRINGS, Colo., June 22, 2010 — Medical laser maker Spectranetics Corp. announced Tuesday that it has settled a pending class-action suit for $8.5 million in cash and has also settled a stockholder derivatives case for payment of attorneys fees. The class-action suit was filed in...
Cambridge NanoTech Partners with Stanford
CAMBRIDGE, Mass., June 21, 2010 — Atomic layer deposition (ALD) science and equipment provider, Cambridge NanoTech, announced Tuesday its partnership with Stanford University’s Center for Integrated Systems (CIS), a partnership between academia and industry that supports...
Lantis Laser, Perio-Imaging to Merge
DENVILLE, N.J., June 18, 2010 — Lantis Laser Inc. announced it will merge with Perio-Imaging Inc., a private New York-based company that makes an ultrasongographic periodontal probe system. The merger would be an all-stock transaction. The name of the new company will be announced...
Qioptiq Completes Linos Integration
GÖTTINGEN, Germany, June 21, 2010 — The companies of the Linos Group announced they will change their name to Qioptiq, effective July 1, 2010.
Kopin Nabs $16M Display Modules Order
TAUNTON, Mass., June 18, 2010 — Kopin Corp., a manufacturer of display systems for mobile consumer and military applications, has announced receipt of a $16 million follow-on production order of display modules for the US Army’s Thermal Weapon Sight (TWS) program. The order,...
Trioptics Acquires µPhase from Fisba Optik
WEDEL, Germany, June 18, 2010 — Optical test equipment maker Trioptics GmbH announced it has acquired the µPhase product line of interferometers from Switzerland-based Fisba Optik AG, along with Fisba's Berlin-based business, Fisba Optik GmbH, effective June 30. Financial...
Universal Display Wins OLED Grant
EWING, N.J., June 18, 2010 — Universal Display Corp., maker of the UniversalPHOLED technology, announced that it has been awarded a new Small Business Innovation Research (SBIR) Phase I $99,900 program from the US Department of Energy (DoE). During this program, the company...
Dymax Opens New Office in Seoul
TORRINGTON, Conn., June 17, 2010 — Light-curable adhesives maker Dymax Corp. has announced the opening of a new office in Seoul, South Korea, to provide sales and application support to its clients in the region. Dymax Korea employees Joseph Lee (l-r), Thomas Choi and Simon Kang...
Kachalov Hired as Monocrystal CEO
STAVROPOL, Russia, June 17, 2010 — Monocrystal Inc. announced the appointment of Oleg V. Kachalov to its chief executive officer position. Kachalov will succeed Andrey V. Kravchenko, who was promoted to vice president at Energomera Electronic Materials and will supervise the...
Laser Energetics Inks Dazer Laser Production Deal
MERCERVILLE, N.J., June 17, 2010 — Laser Energetics Inc. announced today that it has signed an agreement for its Dazer Laser will be manufactured by General Dynamics Armament and Technical Products of Charlotte, N.C. "This is one of the most important business developments in...
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