InvestorsHub Logo
Followers 0
Posts 2268
Boards Moderated 0
Alias Born 05/08/2009

Re: None

Saturday, 05/09/2009 1:05:54 PM

Saturday, May 09, 2009 1:05:54 PM

Post# of 35619
LNGT got at least 33 laser patents (The news is old though). But i like the part on the development cost of $100m.

Laser Energetics buys alexandrite-laser technology
Laser Energetics Inc. (Princeton, NJ) has purchased all of the Allied-Signal Corp. (Morristown, NJ) alexandrite-laser technology-a move that represents a development cost of approximately $100 million. The agreement included 33 patents, bills of materials for more than 30 lasers and systems, laser laboratories, and hundreds of alexandrite-laser rods and boules. One result of the acquisition was that Laser Energetics was able to introduce industrialized air-cooled alexandrite lasers at this year's Conference on Lasers and Electro-optics.

--> http://www.laserfocusworld.com/display_article/36333/12/none/none/News/FIBEROPTICS---INDUSTRY-REPORT