Thursday, June 24, 2010

Prime Photonics Consolidates With Subsidiary

Prime Photonics of Blacksburg has merged with its subsidiary Prime Research. The surviving business is named Prime Photonics, LC.

“The consolidation will not impact our current Prime Research projects, and other than a name change we expect the transition will be largely transparent to our customers,” says CEO Steve Poland. The single company structure will significantly benefit our current product development efforts and better positions Prime for investment into ongoing and future commercialization activities.”

Prime Photonics was founded in 1999 by researchers from the Virginia Tech Center for Photonics Technology. Prime has a Federal‐sponsored R&D customer base that includes the Army, Air Force, Navy, NASA, DOE, NSF and DARPA. Prime tec hnology areas include fiber optic sensors, wireless sensors, energy harvesting and metamaterials with an emphasis on extreme environment sensor applications.

Prime reinvigorated its product development and commercialization activities in 2009 with the hiring of a new CEO, significant changes to the Board of Managers and a renewed emphasis on transitioning Prime technologies to the marketplace.

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