Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 348

Invest in Photonics(R) 2010

Posted by fidest press agency su martedì, 27 aprile 2010

Bordeaux, France, Invest in Photonics(R), a two-day international partnering convention that brings together the world’s experts in photonics and leading investors from Europe and beyond to meet with emerging photonics companies seeking financial support, announced that the participation in the event rose, with new attendees coming from the wider European and North American photonics communities.  The 2010 Invest in Photonics welcomed 125 participants, slightly higher than 2008 figures. C-level directors (CEOs, CFOs, CSOs etc) made up the majority of the visitors (64 per cent), with 42 per cent of attendees coming from the US, Canada and European countries outside France.  The 12 companies selected for the special funding session were seeking potential financing in the range of EUR 30 million. They presented projects covering a wide range of market segments. These included optical transport, medical equipment, and intelligent lighting, an area where the total market for LED (including handheld devices, and vehicular etc.), for example, was USD 5.9 billion in 2009. Event organizers awarded the prize for the “Best of the Convention” to LED Linear, a maker of scalable interior and exterior lighting systems using LED technology, based in Germany, for the originality of its product concept and fit with the market. Presentations from 11 of the world’s leading specialists in photonics, as well as the 5-member panel of investors, all confirmed the international nature of the industry, and that it offers strong growth potential, USD 356 billion in 2008 to USD 493 billion by 2020, according to Michael Lebby, president and CEO of the Optoelectronics Industry Development Association. Invest in Photonics(R) was created in 2008 by the ALPhA technology cluster (Aquitaine Laser Photonique et Applications), CEA (French Atomic Energy Commission and the largest government-funded technological research organization in France) and the Bordeaux Chamber of Commerce for the purpose of facilitating meetings between investors and emerging companies in photonics, addressing business issues in photonics, as well as increasing the visibility of the industry.

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