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(11,729 items)
Business News
Eastman Kodak Ships Mirror Assemblies, Optical Bench for Satellite System
Jan 1, 1997 — Eastman Kodak Co.'s Commercial & Government Systems delivered its high-resolution mirror assembly to NASA's Marshall Space Flight Center in Huntsville, Ala., for use in the agency's advanced x-ray astrophysics facility satellite. The assembly will undergo five months of x-ray testing before engineers integrate it into the satellite's telescope. Kodak also shipped a 26-ft-long optical bench to TRW in Redondo Beach, Calif., for integration with the satellite. NASA plans to launch the system...
Laser Diode Market Heading Toward $1.2 Billion Mark
Jan 1, 1997 — MOUNTAIN VIEW, Calif. -- The worldwide market for short-wavelength laser diodes is headed for the billion-dollar-plus mark by the end of the decade, according to a report from market analysis firm Strategies Unlimited. Leading the charge is the...
LeCroy, Fluke Swap Technology for Royalties Under DSO Licensing Pact
Jan 1, 1997 — Under a technical licensing agreement signed by LeCroy Corp. of Chestnut Ridge, N.Y., and Fluke Corp. of Everett, Wash., LeCroy would give Fluke access to advanced technology for digital storage oscilloscope applications in exchange for royalties....
Monroe Community College Receives CNC-Optics Systems from LOH
Jan 1, 1997 — Germantown, Wis.-based LOH Optical Machinery Inc. has lent a Spheronorm CNC-controlled precision optics system to Monroe Community College in Rochester, N.Y., for educational purposes at the school's optical systems technology laboratory. The...
Rofin-Sinar Joins with German Laser Institute on Industrial Laser Development
Jan 1, 1997 — An exclusive cooperative development project between Rofin-Sinar Inc. of Plymouth, Mich., and the Fraunhofer Institute of Laser Technology of Aachen, Germany, will focus on developing diode-pumped, high-power Nd:YAG lasers for industrial-processing...
SpecTran-Corning Fiber-Supply Agreement Grows to $28 Million
Jan 1, 1997 — SpecTran Corp. of Avon, Conn., has increased by $11 million the value of its contract to provide Corning Inc. of Corning, N.Y., with multimode fiber. The three-year agreement, which was signed last year, is now worth $28 million. SpecTran officials...
Uniphase to Sell Ultrapointe Subsidiary
Jan 1, 1997 — SAN JOSE, Calif. -- To concentrate its resources on the telecommunications industry, Uniphase Corp. has signed a letter of intent to sell its Ultrapointe subsidiary to Tencor Instruments, a leader in semiconductor inspection systems.An...
Ball Aerospace Signs Navy Camera Contract Under Commercial Conditions
Dec 1, 1996 — The US Navy - Naval Inventory Control Point in Mechanicsburg, Pa., has signed Ball Aerospace & Technologies Corp. of Broomfield, Colo., to a multiyear agreement to build about 165 marine all-light-level TV cameras for imaging at sea. To reduce...
Centronic to Supply Silicon Photodiodes for Space Station
Dec 1, 1996 — In an agreement worth $500,000, NASA will purchase hundreds of custom silicon photodiodes from Centronic Inc. of Newbury Park, Calif., for use on the Space Station Freedom, which is set for launch in 1997. The photodiodes will be used to keep the...
Dense WDM Market Seen Topping $12-Billion Mark by 2005
Dec 1, 1996 — SAN MATEO, Calif. -- From an "introductory" level of $101 million last year, the global market for dense wavelength division multiplexing (DWDM) components is expected to hit $4.17 billion by 2000 and then grow to $12.1 billion by 2005. According...
Fiber, Fiber, Who's Got the Fiber? Shortage Hits Builders, Producers
Dec 1, 1996 — PITTSFIELD, Mass. -- A funny thing has happened on the way to the information superhighway: The road builders can't keep ahead of the drivers. Fiber optics fueled the dream, but now a shortage of fiber threatens progress, has heightened demand...
Laser Firm Gets University License for Marketing Al-Free Laser Diodes
Dec 1, 1996 — EVANSTON, Ill. -- Northwestern University has granted an exclusive license to Semiconductor Laser International Corp. (SLI) of Endicott, N.Y., to develop, manufacture, market and sell aluminum-free high-power semiconductor lasers worldwide for...
Lockheed Wins $20 Million Photonic Sensor Pact
Dec 1, 1996 — The US Air Force has awarded a $20.2 million contract to Lockheed Martin Tactical Systems for the development of its podded electro-optical sensor system. Under the contract, the company will design, build and support the Theater Airborne...
Molecular OptoElectronics Wins NSF Grant, Licensing Agreement
Dec 1, 1996 — Los Alamos National Laboratory has granted an exclusive licensing agreement to Molecular OptoElectronics Corp. of Watervliet, N.Y., to develop, manufacture and market the laboratory's electro-optic crystal mosaics for the generation of terahertz...
Transatlantic Telecommunications System to Use Alcatel Fiber Optic Cables
Dec 1, 1996 — UK-based Cable Co. International Ltd. has awarded a $400 million contract to Alcatel Submarine Networks of London, to supply fiber optic cable for what it calls the most advanced transatlantic fiber optic cable system ever constructed. Alcatel will...
US and Korean Groups Sign Cooperative Flat-Panel Display Pact
Dec 1, 1996 — SAN JOSE, Calif. -- In a effort to boost global cooperation on standards and manufacturing procedures in the flat-panel display market, the US Display Consortium (USDC) and the Electronic Display Industrial Research Association of Korea (EDIRAK)...
Catalog Company Splits Its Efforts
Nov 1, 1996 — BARRINGTON, N.J. -- Edmund Scientific has split into two divisions to better serve the growing numbers of industrial customers. The company announced last month that Frank DiMinno has taken over as president of its growing Industrial Optics Div.,...
Irish Research Institute Chooses Belgian Micromachining System for New Lab
Nov 1, 1996 — The National Micro-Electronics Research Institute of Cork, Ireland, is establishing a laser micromachining laboratory within its NMRC Materials Group that will use the LightDeck Micromachining System from Optec of Hornu, Belgium. The institute chose...
Lambda Physik Fills $1 Million Order from US Diamond-Film Firm
Nov 1, 1996 — Lambda Physik GmbH of Göttingen, Germany, has delivered a $1 million order of excimer lasers to QQC Inc. of Detroit, for use in multiplexed laser cell diamond-film production. In QQC's laser technique, a substrate is heated by pulsed laser beams of...
Lucent Spins Off in Flurry of Stocks
Nov 1, 1996 — MURRAY HILL, N.J. -- Like a modern-day Johnny Appleseed, AT&T scattered 525 million shares of Lucent Technologies stock on the investment community to mark the completion of Lucent's spin-off from AT&T. In what was described as the largest...
Machine Tool Show Highlights Industrial Applications of Photonics
Nov 1, 1996 — CHICAGO -- Laser machining, rapid prototyping, optical inspection and light-based metrology found their niches among the tens of thousands of exhibits at the International Manufacturing Technology Show, IMTS '96, Sept. 4 through 12 at McCormick...
Ohio State Seeks Role in Two Major Observatories
Nov 1, 1996 — COLUMBUS, Ohio -- Ohio State University is seeking a partnership role in two major observatories, one of which will house the world's largest telescope on a single mount. The university would buy a one-eighth share in the Large Binocular...
Real-Time Image Processing Market Soars
Nov 1, 1996 — MOUNTAIN VIEW, Calif. -- The real-time image processing market has been on a roll, thanks to marked improvements in both the performance and price of computer platforms and high-resolution cameras. According to a new study, the greater demand for...
Siemens Sells All Shares of Its Rofin-Sinar Group
Nov 1, 1996 — Munich-based Siemens AG has divested itself of its laser-manufacturing subsidiary, the Rofin-Sinar Group, by selling all of the group's 10 million shares of stock at $9.50 per share. Formerly part of the conglomerate's KWU Power Generation Group,...
Standards Institute Solicits Applicants for Precision Measurement Grants
Nov 1, 1996 — The National Institute of Standards and Technology is accepting project proposals for its Precision Measurement Grants for Fiscal Year 1998. The institute awards the grants to faculty members at US universities for work in the field of precision...
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