years of successfull lasers celebrated with 35% growth in business
celebrated 10 years of successful laser business with an open house
cocktail party organized on 27th of August at Modulight's headquarters
located in Tampere, Finland.
in year 2000 with a mission to provide laser technology for short
reach communication applications, Modulight started in 2003 to address
new markets that allowed the company to grow the business by 50-100%
annually over 2003-2008. Entering medical, defense and security,
and industrial markets was challenging but it proved to be the right
strategy to pursue. Instrumental part of the new strategy was the
launch of high-power laser products around 2004 that was soon recognized
by our customers and received a Frost & Sullivan Product Innovation
award in 2005.
lasers have been also used for an increasing number of specialized
applications. For example, our lasers are installed on a European
Space Agency satellite that was launched in November 2009 and they
are used for soil moisture and ocean salinity monitoring as well
as weather monitoring.
recently Modulight has been invited to be part of the CLEEN
consortium, a cluster for developing new Energy and Environmental
technology platforms. The program aims at developing sustainable
societies of the future and tackles technological areas related
to sustainable fuels, efficient energy use, energy market and smart
grids and measurement, monitoring and assessment of environments
efficiency, recycling of materials and waste management, to list
just few of them. As analysts suggest this is a market with big
potential in the future and Modulight is delighted to be part of
success of the company is attributed to the customers with whom
Modulight has built trusted relationships and to its dedicated team,
committed to company's growth.