Powerlase Partners with Eolite Systems - UK and French Laser Innovators Join Forces
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Two of the World’s most innovative laser technologies will provide customers with ultimate levels of application flexibility
Powerlase Ltd, manufacturers of the world’s most powerful nanosecond Q-switched, diode-pumped solid state (DPSS) lasers, today announces the agreement of a strategic partnership with French fibre laser innovator, Eolite Systems.
The partnership will see Powerlase and Eolite combining their world class engineering and applications capabilities to broaden the range of laser systems they produce and the markets they can address. The partnership also provides a cooperative environment for both companies to jointly develop market and business opportunities.
The high average power, high beam quality lasers that Eolite produces perfectly complements the high average power, medium beam quality laser supplied by Powerlase. In combination the new, broader range of lasers is ideally suited for multi-stage manufacturing processes that require multiple laser parameters, such as in the manufacture of photovoltaics.
Eolite technology is based on the innovative rod-type fibre configuration. This simultaneously enables high average powers, very high beam quality and, uniquely, the ability to frequency convert to green and ultraviolet wavelengths. Powerlase brings the ability to turn cutting edge laser technology into systems suitable for demanding industrial environments as well as successful market development strategies. This has been proven particularly in the plasma display market where multiple systems have been running with high uptime for in excess of a million combined operating hours.
Company comments
Les Lockwood, CEO at Powerlase comments, “This is a very exciting time for both Eolite and Powerlase as we join forces to combine our expertise to access a broader range of applications both with existing and jointly developed new products. This partnership enables us to address existing, expanding markets as well as opening new markets.”
Philippe Metivier, President and CEO of Eolite Systems concludes: “Eolite is very pleased to enter into this partnership with Powerlase. Both companies have the same customer-led development process and combining our strengths will enable us to respond to very demanding markets with relevance and efficiency.”
About Powerlase
Powerlase Limited is an innovative, independent, high power Laser Company, focused on Diode Pumped Solid State (DPSS) lasers developed for industrial applications primarily for use in the materials processing and microelectronics markets for photovoltaics, flat panel displays, microelectronics, automotive and aerospace sectors.
Powerlase is supported by venture capital from MTI Partners, Deutsche Venture Capital, DJF Esprit LLP, Alice Ventures and FNI Venture Capital.
Powerlase was recently awarded the Queen’s Award for Enterprise in the International Trade category for the company’s work in the development of laser systems for the manufacture of Flat-Panel Displays.
Powerlase Limited is ranked as the third fastest growing venture capital-backed company in the UK in the Daily Telegraph 2007 Business Growth Rankings and 21st fastest growing private technology company in the UK by The Sunday Times Tech Track 100 Rankings.
About Eolite
Eolite Systems is a new provider of high power fiber lasers dedicated to industrial micro processing applications. Eolite’s products are based on a leading edge proprietary fiber laser technology providing IR, Green and UV light. Eolite’s technology allows customers to improve and speed up their industrial process at very attractive performance/price ratio.
Eolite was the winner of the Golden Photon award at OPTO 2006 for introduction of its innovative BOREAS rod-type fibre laser technology.
For further information
Please contact Simon Hilliard or Roberta Main-Millar at Racepoint UK
Tel: +44 (0) 208 752 3217
simon.hilliard@racepointgroup.com
Roberta.mainmillar@racepointgroup.com
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Kevin Reardon, François Salin, Philippe Metivier, Les Lockwood and Mike Mason.