English

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

1140
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
  • Researchers have reinvented laser free magnetic control

    In a significant advancement in material physics, researchers from Germany and the United States have theoretically demonstrated that only extremely thin materials need to be α- RuCl3 can be placed in an optical cavity to control its magnetic state.This discovery may pave the way for new methods of controlling material properties without the use of strong lasers.The Role of Optical Vacuum W...

    2023-11-09
    See translation
  • Nokia and AT&T reach five-year agreement to accelerate fiber optic network upgrade

    Recently, Nokia announced a five-year agreement with AT&T. This agreement aims to fully support and accelerate AT&T's fiber network expansion and upgrade plans by deploying Nokia's Lightspan MF platform and Altiplano access controllers. This cooperation not only marks a deep optimization of the existing fiber optic network, but also heralds the early layout and application of the next ge...

    2024-09-12
    See translation
  • Making Infrared Light Visible: New Equipment Utilizes 2D Materials to Convert Infrared Light

    Infrared imaging and sensing technology can be used in various fields, from astronomy to chemistry. For example, when infrared light passes through a gas, sensing changes in light can help scientists identify specific properties of the gas. The use of visible light may not always achieve this sensing.However, existing infrared sensors are bulky and inefficient. In addition, due to the use of infra...

    2024-06-24
    See translation
  • Nanchang University has made progress in intelligent photoacoustic tomography imaging

    Photoacoustic tomography (PAT) is a novel hybrid medical imaging technique that enables precise imaging of biological tissue structures at different spatial scales. It has been widely used in various fields, including brain imaging, cancer detection, and cardiovascular disease diagnosis. However, due to limitations in data acquisition conditions, photoacoustic tomography systems typically can only...

    2024-08-13
    See translation
  • Aston University is the first to adopt innovative laser detection technology using MEMS mirrors

    The School of Engineering and Physical Sciences at Aston University, located in Birmingham, UK, is at the forefront of exploring innovative laser detection methods and turbulence simulation. The plan revolves around the utilization of micro electromechanical mirrors, which have had a significant impact on various scientific fields over the past two decades.MEMS reflectors have gained widespread re...

    2024-03-07
    See translation