LightPath wins contract for precision molded optics from Renishaw

LightPath Technologies was selected by Renishaw to supply two types of glass molded lenses.

Optical and infrared components and assemblies manufacturer LightPath Technologies (Orlando, FL; NASDAQ: LPTH) was selected by United Kingdom metrology company Renishaw to supply two types of glass molded lenses for Renishaw's RESOLUTE optical encoder products. The substantial contract from Renishaw has secured its high-volume requirement for the foreseeable future. Certain details pertaining to the contract were not disclosed.

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Engineers from LightPath and Renishaw say they collaborated to achieve the optimal balance of performance and cost for this unique application. LightPath's advanced precision glass molding expertise along with proprietary coating design and technologies enable a repeatable process that is scalable to high volume production.

Jim Gaynor, president and CEO of LightPath, said, "The contract from Renishaw was borne from a continuing partnership with our distribution partner AMS Technologies. AMS Technologies, as Europe’s leading solution provider and distributor for optical, power and thermal management technologies, has joined forces with LightPath for its advanced precision molded optical lens capabilities to develop mass market and proprietary products for Renishaw and other international customers. This contract from Renishaw means that two large scale projects have now been awarded to LightPath in the last 12 months, demonstrating the continued successful implementation of our global molded lens growth strategy."

RESOLUTE is a true-absolute, fine pitch optical encoder system that has excellent dirt immunity, and an impressive specification that breaks new ground in position feedback. It is the world's first absolute encoder capable of 1 nm resolution and speeds up to 100 m/s for linear systems, and 32-bit resolution up to 36,000 rev/min for rotary systems with ultralow sub-divisional error and jitter.

SOURCE: LightPath Technologies; http://www.lightpath.com/wp-content/uploads/2016/04/LPTH-Press-Release-LightPath-Technologies-Wins-Large-Precision-Molded-Glass-Optics-Contract-from-Renishaw-4-6-2017.pdf

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