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Ann Arbor tech firms lock down $1M in federal grants
Wednesday, September 22, 2010
| Source:
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More than $1 million in seed capital is heading toward three Ann Arbor-based start-ups, all
Ann Arbor SPARK
clients, thanks to federal grants.
Akervall Technologies took in $120,000 from the U.S. Dept. of Defense
Small Business Innovation Research program
to develop the second generation of the
Protech Dent
mouth guard.
Arbor Photonics
received a $44,000 Small Business Innovation Research grant for its development of high power, single-emitter fiber laser modules with exceptional beam quality and narrow line width.
However, the biggest winner is OG Technologies, which received nearly $1 million from the U.S. Dept of Energy. The 12-year-old company will use the $933,000 for the development of an optical caliper, a measurement tool for hot objects. Put simply, it's creating a camera that can take comprehensive pictures of extremely hot objects, such as newly made steel slabs. The new technology is expected to have primarily industrial uses. However,
OG Technologies
President Terry Liddy believes it has the potential for broader applications.
"We should have beta sites in steel mills within two years," Liddy says.
He expects the grant, which should fund the rest of the technology's development, will allow the company to add to its staff of 11 employees and a couple of summer interns. The hope is the company will hire a handful of new staff, including engineers, assemblers, and salespersons.
Source: Ann Arbor SPARK and Terry Liddy, president of OG Technologies
Writer: Jon Zemke
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Ann Arbor Spark
201 S. Division, Suite 430
Ann Arbor, Michigan 48104
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Ann Arbor SPARK, a non-profit organization, is the driving force in establishing the Ann Arbor region as a destination for business expansion, retention, and location by identifying and meeting the needs of business at every stage, from startups to ...
Arbor Photonics
Ann Arbor, MI 48105
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