Southampton, England--Ultrafast fiber laser manufacturer Fianium announced recent success in three UK-government competitive funding competitions. The R&D projects--with budgets amounting to approximately $2.1 million dollars--will further develop the company's ultrafast and supercontinuum fiber lasers for high-volume industrial and medical applications. The projects are funded as part of the UK Technology Strategy Board (TSB) SMART scheme, offering funding to small and medium-sized enterprises (SMEs) to engage in R&D projects which have potential to stimulate UK economic growth.
Fianium's CEO Anatoly Grudinin said, "We have been extremely successful over recent years in winning several important R&D grants from the UK Technology Strategy Board to streamline our product development program. The funding initiatives are a clear sign of the UK government's investment in technology SME's and the latest success is recognition of Fianium's ability to develop and commercialise industry-leading fiber lasers."
The projects are in collaboration with research groups at the Centre for Photonics and Photonic Materials (CPPM) at the University of Bath and at Southampton University’s Optoelectronics Research Centre (ORC). John Clowes, VP of business development at Fianium, said, "We are excited and privileged to be able to work so closely with the very best researchers in lasers and photonics. These collaborative projects will enable Fianium to further extend the power and performance of our state-of-art supercontinuum and femtosecond laser products."
Fianium has its world headquarters and manufacturing facility in Southampton, England and sales operations in the US, Japan, and China.
The Technology Strategy Board (http://www.innovateuk.org) is a business-led executive non-departmental public body, established by the UK government. Its role is to promote and support research into, and development and exploitation of, technology and innovation for the benefit of UK business, in order to increase economic growth and improve the quality of life.
SOURCE: Fianium; http://www.fianium.com