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San Jose (CA), January 31st, 2006
Modulight Inc. announces that it has received
a $1.8M contract from Technology Development Centre
(Tekes) for the development of high-power laser diodes
(HPLDs).
This contract is a cornerstone for further development
of Modulight’s HPLD product line. It will enable
us to dedicate more resources for this product line
without sacrificing the profitability. I believe that
this contract will benefit also our other customers
indirectly by increasing resources for design-for-manufacturability
and product data management (PDM) activities. These
are areas where we already excel the competition according
to many customers”, says Mr. Seppo Orsila, CFO
& VP Marketing.
About Modulight, Inc.
Modulight provides value-adding solutions to optical
applications in industrial, communication, medical,
space and defense industries. Products include various
types of semiconductor laser diodes from visible to
Infrared (IR) wavelengths with output power levels from
milliwats to over hundred watts. Modulight owns and
operates a semiconductor fab in Tampere and has sales
office in San Jose, California.
For further information, please contact:
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