SOMERSET, NJ and OREM, UT-NanoOpto Corporation and Moxtek will jointly develop a suite of nanotechnology-based optical products for various consumer electronics markets. Initially, the companies will support applications addressing the projection display and consumer product manufacturing systems markets. Sampling of product prototypes from the joint work will begin this year; the first products from the collaboration are expected in 2007.
Moxtek says its high-volume manufacturing expertise is capable of delivering more than 25,000 8-in wafers of nano-photonics materials and devices per month. NanoOpto is applying novel design methods and proprietary nano-fabrication technology to produce a broad range of unique optical components for customers in digital imaging, displays, telecom, and defense.
While retaining ownership of their existing intellectual property, patents, technology, and proprietary manufacturing processes, the companies will share strengths to facilitate further deployment of in-demand nano-fabricated components. By pooling their engineering resources and collaborating on new-product development, NanoOpto and Moxtek believe they will be able to create unique solutions with better time to market not feasible through traditional technologies. The relationship is also expected to enhance both companies’ abilities to meet the increasing demand from various high-volume consumer electronics markets for optical component parts such as nano-polarizers, nano-trim retarders, and nano-polarization beam splitters.
“To this point, all companies working in nanotechnology have gone it alone,” said Barry Weinbaum, president and CEO of NanoOpto. “Collaboration of this type, even amongst companies with complementary strengths, markets, and goals, has been unheard of. We see the potential of the synergies of Moxtek and NanoOpto, nanotechnology companies with real products, revenues, and customers. Customers will benefit as we meet the ever-increasing demand for high-performance optical components at competitive costs.”