asked the court for permission to use $1 million of its lines of credit to support the businessand fulfill orders while it reorganizes, as wellas for permission to use cash to retain itsworkforce.
Expanded Distribution AMS Technologies AGof Munich, Germany, and Laser Operations LLCof Sylmar, Calif., have agreed to expand theirdistribution agreement. The German companywill sell and support its partner’s products, including the QPC Lasers line – which it has beendistributing for several years – in the UK, Ireland, France and Spain.
Large Hadron Collider Restart According toCERN, the European Organization for NuclearResearch, in Geneva, repairs and upgrades tothe Large Hadron Collider are on schedule for arestart this fall, although two to three weekslater than originally planned. A new quenchprotection system, designed to prevent failuressuch as the one that occurred last year, shouldbe fully tested by late summer.
More IR ULIS of Veurey-Voroize, France, amanufacturer of infrared detectors for low-costIR cameras, has quadrupled the productioncapacity of its microbolometers to 200,000 unitsper year. The company expects to see large-scale orders resulting from three market drivers:the trend of adding IR to visible surveillancecameras, government mandates for improvedsafety, and new regulations in energy conservation and building compliance.
Shifting Subsidiaries Coastal Optical SystemsInc. of West Palm Beach, Fla., and LiebmannOptical Co. of Easthampton, Mass., havemerged. Both subsidiaries of Jenoptik AG ofJena, Germany, they will be known as JenoptikOptical Systems Inc. and will be based inJupiter, Fla. The new company will offer designand manufacturing capabilities for prototypeoptical assemblies as well as high-volumecomponent manufacturing.
Investment Funding Pyreos Ltd. of Edinburgh, UK, a supplier of infrared components,has secured another round of funding,£750,000, from Noble Venture Finance ofLondon. The funds will be used to expand thecompany’s global sales and commercial operations.
Investing in Telecommunications In France,3S Photonics of Nozay has raised funds totalingnearly € 13 million from three investmentgroups. The company, which manufacturesoptical and optoelectronic components fortelecommunications networks, received€450,000 from Midi Capital of Toulouse, €2.5million from Alto Invest of Le Chesnay and apromise of € 10 million from France’s StrategicInvestment Fund, € 5 million of which has beenprovided so far.
Metrology Research FEI Co. of Hillsboro,
Ore., a provider of atomic-scale imaging and
analysis systems, has joined the Advanced
Metrology Development Program at the College
of Nanoscale Science and Engineering at the
University at Albany-State University of New
York. The program is run by Sematech, a
global consortium of chipmakers. The company
will collaborate with metrology experts to cre-
ate tools for high-resolution imaging and com-
positional data at the nanometer scale for use
in defect analysis.
Energy-Harvesting Expansion Nextreme
Thermal Solutions of Durham, N.C., has raised
another $8 million in Series B financing from
undisclosed investors, increasing its total to $21
million. The latest funding will be used to ex-
pand the company’s energy-harvesting
presence and products as well as its thermal
Applications Laboratory BaySpec Inc. of Fremont, Calif., has established a Systems & FieldSales Div. to promote its optical spectral enginesystems. The new applications laboratory willprovide customers with demonstrations of thecompany’s full range of products, including optical spectrum analyzers, microscopes and fiberaccessories.