Home > Press > API Nanotronics' NanoOpto Division Secures the Largest Order in Its History: Company Selected to Develop Proprietary Nanofabrication Process for Highly Sophisticated Wafer Manufact
API Nanotronics Corp. (OTCBB: APIA) ("API" or the "Company"), a leading supplier of electronic systems and sub-systems, components, nano-optics and nanotechnology products to the aerospace, defense and communications sectors today announced an $800,000 order for its NanoOpto division. This order represents the largest order to date for NanoOpto, validating its business strategy in the nano space.
API Nanotronics' NanoOpto Division Secures the Largest Order in Its History: Company Selected to Develop Proprietary Nanofabrication Process for Highly Sophisticated Wafer Manufact
New York, NY | Posted on July 16th, 2009
The contract is to develop the fabrication process for an enhanced sensor based on a proprietary strategy. The development phase will be completed in under 12 months, at which point the improved sensors will be ready for large-scale production. Following the sensor's development, API will continue to generate revenues from large-scale wafer-level product runs.
This large contract from a leading MEMS company showcases API's industry leading nanofabrication capabilities. Advanced sensors are used in a variety of industries including defense, medical, consumer electronics and automotive. API's leading nanofabrication platform offers technology companies the ability to create devices that work on both microstructures and nanostructures and to develop nanoscale precision for microscale features.
Stephen B. Pudles, Chief Executive Officer of API Nanotronics Corp., said, "This is an exciting time for our company. We are growing both organically and through acquisitions, and this order is evidence of the strength of our internal research and product development capabilities. We look forward to continuing to grow our NanoOpto division as we expand its product base and customer reach."
About API Nanotronics Corp.
API Nanotronics Corp., through its wholly owned subsidiaries API Cryptek Inc., EMCON Emanation Control Ltd., Ion Network Solutions, Secure Systems & Technologies Ltd., API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems, Keytronics and API Nanofabrication Corporation, is engaged in the manufacture of electronic systems and components for the defense and communications industries. API is also developing a leadership position in the R&D and manufacture of nanotechnology and MEMS products. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, L-3 Communications, Rockwell Collins, Raytheon, ITT and numerous other top technology-based firms around the world, API regularly ships products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, New Jersey, Virginia, Gloucester, UK and Ontario, Canada. API Nanotronics trades on the OTC Bulletin Board under the symbol APIA. For further information, please visit the company website at www.apinanotronics.com and also at www.cryptek.com.
Safe Harbor for Forward-Looking Statements:
Except for statements of historical fact, the information presented herein constitutes forward-looking statements. All forward-looking statements are subject to certain risks, uncertainties and assumptions which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties, which are more fully described in the Company's Annual and Quarterly Reports filed with the Securities and Exchange Commission, include but are not limited to, general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits, our ability to protect our intellectual property, our ability to integrate and consolidate our operations, our ability to expand our operations in both new and existing markets, the effect of growth on our infrastructure and the effect of competition in the electronic components, nano-optics and nanotechnology industries. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary in material aspects from those currently anticipated. All information in this release is as of the date hereof. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
For more information, please click here
Director of Corporate Communications
API Nanotronics Corp.
Copyright © Marketwire
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
News and information
Organometallics welcomes new editor-in-chief: Paul Chirik, Ph.D. July 22nd, 2014
The Hiden EQP Plasma Diagnostic with on-board MCA July 22nd, 2014
Iran to Hold 3rd Int'l Forum on Nanotechnology Economy July 22nd, 2014
Nanometrics Announces Upcoming Investor Events July 22nd, 2014
Carbyne morphs when stretched: Rice University calculations show carbon-atom chain would go metal to semiconductor July 21st, 2014
Leti to Present Technological Platforms Targeting Industry’s Needs for the Future at Semicon West Workshop: Presentation at STS Session to Focus on Leti Advanced Lithography Programs for 1x Nodes and on Silicon Photonics at TechXPot June 25th, 2014
Mirrorcle Technologies Opens New Company Headquarters May 27th, 2014
Ziptronix and EV Group Demonstrate Submicron Accuracies for Wafer-to-Wafer Hybrid Bonding: Enables Fine-Pitch Connections for 3D Applications, Including Image Sensors, Memory and 3D SoCs May 27th, 2014
Tiny laser sensor heightens bomb detection sensitivity July 19th, 2014
Iranian Scientists Use Nanosensors to Achieve Best Limit for Early Cancer Diagnosis July 19th, 2014
Rice nanophotonics experts create powerful molecular sensor: Sensor amplifies optical signature of single molecules about 100 billion times July 15th, 2014
University of Illinois researchers demonstrate novel, tunable nanoantennas July 14th, 2014
Nanometrics Announces Upcoming Investor Events July 22nd, 2014
Bruker Awarded Fourth PeakForce Tapping Patent: AFM Mode Uniquely Combines Highest Resolution Imaging and Material Property Mapping July 22nd, 2014
NIST shows ultrasonically propelled nanorods spin dizzyingly fast July 22nd, 2014
Penn Study: Understanding Graphene’s Electrical Properties on an Atomic Level July 22nd, 2014
STFC takes delivery of the 100th Hitachi Tabletop SEM in the UK July 3rd, 2014
University of Maastricht Adds Complete Correlative Workflow from FEI to its Institute of Nanoscopy June 23rd, 2014
LatticeGear Sells First LatticeAx 300 Cleaving System to X-FAB: LatticeAx 300 provides fast, accurate cross-sectioning of samples for analysis — more accurately than manual methods and faster and less expensively than automated systems June 9th, 2014
UMass Amherst Purchases Nanonex Advanced 8" NIL Tool NX-2608BA May 28th, 2014