Lumera Wins Gov't Contract

Awarded $1M contract to develop electro-optic polymer materials for fabrication of prototype wideband optical modulators

November 25, 2002

1 Min Read

BOTHELL, Wash. -- Optical networking components developer Lumera Corporation, a subsidiary of Microvision, Inc. (Nasdaq:MVIS), has been awarded a contract extension for approximately $1,000,000 from the U.S. government to continue development of new electro-optic polymer materials for the fabrication of prototype wideband optical modulators. This second stage of the contract is scheduled for completion within 11 months. The government exercised this option to extend a previously announced contract. Lumera is developing a new generation of unique active and passive components for optical networks that are expected to deliver increased bandwidth at very competitive costs while requiring less power than current devices. The company's component development is based on proprietary electro-optic polymer materials it developed with its research partners at the University of Washington. "We are very pleased to develop materials and devices that address this agency's needs and also have the potential to address large commercial markets for optical signal processing components," said Tom Mino, CEO for Lumera. "This effort is well aligned with our long-term commercial development objectives."Lumera Corp.

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