Co-ordinated by DC Consulting’s John Craig, PowerPhotonic has recently been awarded a £80,000 RSA award to support a ramp up in production and sales activity. This grant award augments a £325,000 investment into the company led by Archangel Informal Investments and Tri Capital.
PowerPhotonic’s technology is used to increase beam brightness in high power diode lasers and to manufacture custom beamforming optics, for applications in solid-state laser and fibre laser pumping and in laser material processing. The technology brings together two innovative approaches: new stack wavefront measurement techniques, and the fabrication of purpose-specific refractive micro-optics.
PowerPhotonic’s customers include laser manufacturers and also system integrators in Europe and North America. Managing Director Dr Roy McBride is gratified that sales to the integrators in particular have grown more quickly than anticipated, which he takes to reflect a rapid understanding of the benefits that PowerPhotonic’s technology can bring to a laser system.
This new funding round will enable the business to build manufacturing capacity, as well as to continue to expand its sales activities.
Further information can be obtained at www.powerphotonic.co.uk