MADISON, WI--(Marketwire - Mar 28, 2013) - Alfalight, Inc., a leading manufacturer of high-performance diode laser components and rugged, integrated electro-optical systems, has sold its commercial segment product lines and semiconductor fab assets to Compound Photonics, a technology leader in high-definition laser projection light engines for mobile devices. Alfalight retains its defense lines of business to focus on developing and manufacturing ruggedized component and system-level solutions for defense customers. Compound Photonics will fully support Alfalight's commercial business and customers, and the two companies will also cooperate on component-level strategy.
"This transaction enables Alfalight to increase our investment in the development and production of laser-based solutions for defense, aerospace, and related high-performance applications," said Mohan Warrior, president and CEO of Alfalight. "With a fabless model, Alfalight can better expand our engineering capabilities and align our system manufacturing infrastructure for the challenging requirements of this market."
"Adding Alfalight's highly-efficient and wavelength-stabilized diode laser components to our technology portfolio strengthens our position as a vertically-integrated projection light engine manufacturer," said Jonathan A. Sachs, Ph.D., president and CEO of Compound Photonics. "We look forward to continuing to supply Alfalight's commercial customers with products they have come to rely upon, as well as delivering new, high-performance photonics components for their next-generation systems."
As part of the transaction, the two companies have signed a strategic supply agreement that ensures Alfalight a continued source of high-performance laser components from Compound Photonics, enabling it to further grow its business of delivering leading-edge, ruggedized electro-optical products and subsystems for defense and aerospace applications. Examples include laser-based visible and infrared illumination, laser-initiated ordnance, targeting, tracking, and locating, and eye-safe non-lethal ocular disruptors. Alfalight remains an ITAR-registered company.
Terms of the agreement were not disclosed. Both companies remain independent and privately held.
Alfalight, Inc., based in Madison, WI, designs and manufactures advanced semiconductor and diode-pumped solid state laser and electro-optical systems serving the defense and aerospace markets. Alfalight's products and embedded subsystems include short-wave infrared (SWIR), near infrared (NIR), and visible lasers. Our innovative approach solves our customers' challenge of integrating lasers, electro-optics, electronics, power source, packaging, and thermal management into a highly-ruggedized, efficient, and compact package. Applications include hand-held, weapons-mounted, vehicle-mounted, shipboard, and missile-borne systems. Deliverables range from prototypes to fully MIL-STD-qualified production. Alfalight is ITAR registered with development, prototyping, and manufacturing entirely US-based, enabling us to deliver turnkey electro-optical systems rapidly and cost effectively. For more information, visit www.alfalight.com.
About Compound Photonics
Based in Phoenix, AZ, Compound Photonics is changing the world of modern projection through highly-advanced photonics solutions. We have built the world's smallest, native 1920 x 1080, 2.1 megapixel full 1080p high-definition laser projection light engine for smartphones and other mobile devices as well as the smallest 4K resolution (4096 x 2160) 8.85-megapixel displays for high-brightness projectors. Our laser projection light engines offer unparalleled performance advantages in resolution, size, brightness and cost. We are vertically integrated and design, develop and manufacture the displays, lasers, digital drive electronics, and optics in our Class 1 semiconductor and optics fabrication facility in Phoenix, AZ. We maintain design and business centers in the United States in Phoenix, AZ; Vancouver, WA; and Madison, WI as well as in the United Kingdom in London. By controlling the end-to-end process, we increase performance, keep costs low and simplify the supply chain for our customers by providing totally integrated solutions. Please visit us at: www.compoundphotonics.com.
The name Alfalight and the Alfalight logo are both registered trademarks of Alfalight, Inc.