Apr 23 2010
LensVector™, Inc., the leader in solid-state optics, today announced a strategic investment and development agreement with IQT, the independent strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.
LensVector has developed breakthrough optical technology that can shape, steer, and focus light without mechanical movement. Sampling today with key customers in the mobile phone and consumer electronics industries, LensVector technology replaces complex, bulky, and often fragile mechanical systems found in micro-cameras with small, simple and silent solid-state components.
“LensVector’s solid-state optics technology provides a novel foundational capability that is crucial to the missions of many government agencies,” said William Strecker, Executive Vice President of Architecture and Engineering and CTO at IQT. “Our strategic investment with LensVector will help accelerate the availability and deployment of this important technology to both the public and private sectors.”
“We are proud to have the opportunity to work with IQT,” said LensVector CEO Derek Proudian. “LensVector is committed to delivering breakthrough solid-state optics technology for micro-cameras embedded in consumer electronics, security systems and other key markets across both the public and private sectors.”
Source: http://www.lensvector.com/