chanelink logo
CHANELINK
English

Surface coupled laser technology manufacturer, secured £ 2.94 million in financing

1153
2024-06-14 14:59:44
See translation

Recently, renowned surface coupled laser technology supplier Vector Photonics announced that it has received £ 1.667 million in equity investment and £ 1.27 million in additional research funding for the continued commercialization of its unique surface coupled laser (SCL) technology. Surface coupled lasers have completely changed semiconductor laser manufacturing, improving the performance of various applications such as next-generation data centers, co site optics, artificial intelligence, metal and plastic printing, LiDAR, and optical sensing.

Neil Martin, CEO of Vector Photonics, stated, "Vector Photonics has successfully secured £ 1.667 million in equity investment and £ 1.27 million in additional research projects, bringing its current total funding close to £ 3 million. This provides a strong financial foundation for the continued development and commercialization of the company's unique and revolutionary surface emitting laser technology."

Equity investments come from four companies, all of which have previously invested in Vector Photonics. Foresight WAE Technology (FWT) Fund, UK Innovation and Science Seed Fund (UKI2S), Equity Gap, and Scottish Enterprise. This new research funding includes two development projects. The first one is "FRONTIERS", a £ 670000 revenue generating free space optical development project funded by the Small Business Research Initiative (SBRI). The second project, "GRAPHICS," is a £ 600000 UK innovation fund that collaborates with the University of Glasgow to develop expertise in gallium nitride (GaN) material processing. This may result in a 70% lower power consumption of blue and green lasers compared to equivalent LEDs.

Every stock investor is a next-generation technology and early investment expert. FWT funds invest in high growth potential companies with innovative and transformative technologies; UKI2S is a professional deep technology seed fund that focuses on derivative products from research bases in the UK; Equity Gap is an angel investment group that invests in the early stages of new technology enterprises across Scotland; The Scottish Enterprise Board is the national economic development agency in Scotland, committed to transforming the Scottish economy by helping businesses innovate and expand their scale.

Source: OFweek

Related Recommendations

  • Breakthrough! Extending the lifespan of solar panels to 50 years using lasers

    Recently, the National Renewable Energy Laboratory (NREL) under the US Department of Energy has made a revolutionary breakthrough by developing a concept validation method aimed at completely removing polymers from solar panel manufacturing, thereby achieving more efficient and environmentally friendly recycling.Solar panels have always been praised for their recyclability. However, the thin plast...

    2024-04-30
    See translation

  • Lawrence Livermore National Laboratory develops PW grade thulium laser in the United States

    Recently, according to Tom's Hardware, Lawrence Livermore National Laboratory (LLNL) in the United States is developing a PW (1015 W) level large aperture thulium (BAT) laser. It is reported that this laser has the ability to increase the efficiency of extreme ultraviolet lithography (EUV) light sources by about 10 times, and may potentially replace the carbon dioxide laser used in current EUV too...

    02-13
    See translation

  • Beijing Institute of Technology has made significant progress in the study of ultrafast carrier dynamics in optoelectronic functional crystals

    Recently, teachers and students from the Institute of Solid State Laser and Ultrafast Photonics at the School of Physics and Optoelectronic Engineering have made significant progress in the study of ultrafast carrier dynamics in optoelectronic functional crystals. The related research results are titled "Anisotropic carrier dynamics and laser fabricated luminosity patterns on oriented single cryst...

    2024-02-21
    See translation

  • China University of Science and Technology has made progress in in-situ monitoring of thermal runaway in lithium-ion batteries with optical fibers

    Recently, the team of Professor Sun Jinhua and researcher Wang Qingsong of the University of Science and Technology of China and the team of Professor Guo Tuan of Jinan University have made important achievements in the field of early warning of thermal runaway optical fiber detection of lithium-ion batteries.A high-precision, multi-mode integrated fiber optic device that can be implanted in...

    2023-09-04
    See translation

  • Semiconductor lasers will support both TE and TM modes

    Typically, for lasers in optical communication systems, waveguide designs are used to achieve a single transverse mode. By adjusting the thickness of the surrounding area of the cladding layer and the etching depth of the ridge in the ridge waveguide device, a single mode device can be obtained. The importance of lasers is reflected in the following aspects:A chip without ridge waveguide design an...

    2023-10-20
    See translation