LONDON -- BTG (LSE:BGC), the global technology commercialisation company, today announced it is helping to create and launch Mesophotonics Ltd, a company set up to develop components utilising photonic crystal technology. BTG has agreed to: invest £2.8m in Mesophotonics Ltd; contribute the base intellectual property (IP); and advise Mesophotonics on IP and commercialisation matters.Mesophotonics Ltd is a company comprised of a technical team of seven academics from the University of Southampton, including specialists in the fields of photonics, computer modelling and optical characterisation. Their breadth of skills and experience will allow them to create and develop a range of applications using this technology. The University of Southampton has also contributed to the formation of Mesophotonics Ltd, allowing the technical team to maintain their relationships with the University and also have access to the University’s resources.Commenting on the investment, Anthony Lando, BTG’s Executive Vice President of Electronics, Engineering and Information Technologies said: "This is a significant initiative in the optical communications and component field, an area that we have focused on for several years. By helping form Mesophotonics, contributing our related IP, and providing ongoing patent and commercial strategy support, we continue to operate in line with the venture investment strategy that we outlined at the time of our rights issue." BTG