Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > RUSNANO to participate in optical network components project

Abstract:
RUSNANO's Supervisory Council has approved the corporation's participation in a project that would found a high-tech enterprise manufacturing gallium-arsenide substrates, chips, and optical components based on vertically emitting lasers.

RUSNANO to participate in optical network components project

Moscow, Russia | Posted on July 25th, 2009

The primary products of the project will be chips and optical components based on vertically emitting lasers used in high bit rate optical transmission devices for local networks, active optical cables, supercomputers, and interconnects for the upcoming USB standards 3.0 and 4.0.

Corporation analysts predict that by 2014 the world market for optical components based on vertically emitting lasers will climb to $1.4 billion in revenue compared to the $300 million sold in 2008, this being a result of the replacement of copper interconnects by the faster, more compact and interference-free fiber optics.

With a chartered capital of 600 million rubles, the corporation intends to set up a St. Petersburg-based joint enterprise together with the technology developer and owner, VI-Systems GmbH (Germany), and an external financial co-investor. The corporation's share in the project company will amount to 45.01%, VI-Systems GmbH - to 35%, and co-investor's - to 19.99%.

In addition, once tasks for the first phase have been completed successfully, the corporation will grant a loan of up to 500 million rubles to the enterprise for acquisition of epitaxial equipment required for expansion of production. Total project investment is planned to peak at 1.1 billion rubles.

Production startup is scheduled for the second quarter of 2011 with target capacity being reached in 2014 when expected revenues of the company will exceed 2.3 billion rubles.

As the Managing Director for RUSNANO Konstantin Demetriou has observed, the implementation of this project will allow for the establishment in Russia of a world-leading company in the global market of vertically emitting lasers and provide incentive for the country's development of other related hi-tech products - from integrated circuits to active optical cables.

Scientific support for the project in Russia will be provided by the Ioffe Physical-Technical Institute (St. Petersburg), Saint-Petersburg Physics and Technology scientific and educational center of Russian Academy of Science and the Institute of Semiconductor Physics of SB RAS (Novosibirsk).

VI-Systems GmbH., Germany, is a private innovation and research company founded by former members of the Technical University of Berlin and the Ioffe Institute. Company shareholders are made up of individuals and the Stars Innovation AG investment fund.

####

About RUSNANO
The Russian Corporation of Nanotechnologies (RUSNANO) was established by the Federal Law in 2007. The corporation was charged with stimulating development, creating and strengthening infrastructure and realizing projects in nanotechnology and the nanoindustry. To accomplish this task, RUSNANO co-invests in nanotechnology projects that have high potential for commercial or social benefit. Early-stage investment by RUSNANO lowers the risk of its investment partners from the private sector.

RUSNANO participates in building nanotechnology infrastructure, which includes nanotechnology centers of excellence, business incubators and early stage investment funds. RUSNANO selects promising spheres for investment based on long-term forecast developed by leading Russian and world experts.

The corporation is open to international cooperation, which can be realized in many different forms, including joint ventures, interchange of data, infrastructural and educational projects. To assist the advancement of the Russian nanotechnology industry into global markets, RUSNANO organizes the annual Nanotechnology International Forum in Russia.

The corporation's budget is $5 billion. Its chief executive is Anatoly Chubais.

For more information, please click here

Contacts:
Russian Corporation of Nanotechnologies.
Short name — RUSNANO.
Postal address:
Nametkina Street, 12A
Moscow, Russia 117420.
Contacts:
P.: +7 495 5424444
F.: +7 495 5424434


RUSNANO international press office:
Anna Fradkova
press-secretary
the international press office
P.: +7 495 5424444 add.1424
M.: +7 985 7299860

Copyright © RUSNANO

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Novel Rocket Design Flight Tested: New Rocket Propellant and Motor Design Offers High Performance and Safety October 23rd, 2014

MEMS & Sensors Technology Showcase: Finalists Announced for MEMS Executive Congress US 2014 October 23rd, 2014

Nanoparticle technology triples the production of biogas October 23rd, 2014

SUNY Polytechnic Institute Invites the Public to Attend its Popular Statewide 'NANOvember' Series of Outreach and Educational Events October 23rd, 2014

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

TARA Biosystems and Harris & Harris Group Form Company to Improve Safety and Efficacy of New Therapies October 22nd, 2014

7th Nanotechnology Festival, Exhibition Kicks Off Work in Iran October 7th, 2014

Harris & Harris Group Letter to Shareholders on Website August 19th, 2014

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 August 12th, 2014

Announcements

Nanoparticle technology triples the production of biogas October 23rd, 2014

SUNY Polytechnic Institute Invites the Public to Attend its Popular Statewide 'NANOvember' Series of Outreach and Educational Events October 23rd, 2014

Advancing thin film research with nanostructured AZO: Innovnano’s unique and cost-effective AZO sputtering targets for the production of transparent conducting oxides October 23rd, 2014

Strengthening thin-film bonds with ultrafast data collection October 23rd, 2014

Photonics/Optics/Lasers

Physicists build reversible laser tractor beam October 20th, 2014

Magnetic mirrors enable new technologies by reflecting light in uncanny ways October 16th, 2014

IRLYNX and CEA-Leti to Streamline New CMOS-based Infrared Sensing Modules Dedicated to Human-activities Characterization October 15th, 2014

Nanodevices for clinical diagnostic with potential for the international market: The development is based on optical principles and provides precision and allows saving vital time for the patient October 15th, 2014

Alliances/Partnerships/Distributorships

European Commission opens the gate towards the implementation of Nanomedicine Translation Hub October 16th, 2014

IRLYNX and CEA-Leti to Streamline New CMOS-based Infrared Sensing Modules Dedicated to Human-activities Characterization October 15th, 2014

New VDMA Association "Electronics, Micro and Nano Technologies" founded: Inaugural Meeting in Frankfurt/Main, Germany October 15th, 2014

VDMA photonics steering committee with new members stronger than ever October 14th, 2014

NanoNews-Digest
The latest news from around the world, FREE





  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE