Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Covesion Ltd shows a Year on Year Growth of 85% with Support from the NanoKTN

Abstract:
NanoKTN secures funding and partnership opportunities for University of Southampton spin-off

Covesion Ltd shows a Year on Year Growth of 85% with Support from the NanoKTN

UK | Posted on May 5th, 2010

The NanoKTN has helped an SME in the UK secure funding and partnerships, enabling company growth to exceed 85% between 2009 and 2010. Working with the NanoKTN, Covesion has formed strategic partnerships that have resulted in significant commercial impact on the business.

With highly distinctive IP spawned from the University of Southampton, Covesion is a leading producer of PPLN (Periodically Poled Lithium Niobate) and its magnesium oxide doped counterpart (MgO:PPLN). These are materials that can be used to change the wavelength (colour) of incident laser light. Using their unique manufacturing processes, Covesion is undergoing a rapid expansion, supporting many high-growth markets such as: Laser-projectors (next generation displays), Terahertz Generation (3D Imaging Equipment) and OPO systems (for spectroscopy / material analysis).

The NanoKTN's primary aim is to encourage and support UK organisations to collaborate and share knowledge with key partners in attractive end user markets to achieve growth of the UK micro and nanotechnology sector. Since 2009, the NanoKTN has worked closely with Covesion. By attending events hosted by the NanoKTN, Covesion has learnt about key funding opportunities which have resulted in them receiving funding from the Technology Strategy Board and EPSRC which in turn has helped the company move from being a university research idea to a commercially successful company.

Covesion is the only European-based manufacturer of its technology and currently only sees competition from companies in Asian states such as Japan. The versatile materials offer benefits to many markets including the entertainment industry, healthcare and homeland security.

"Attending events hosted by the NanoKTN has enabled us to link with UK companies, allowing us to improve processing and form partnerships that will enable Covesion to grow in the future," explains Mark Middleton, Managing Director at Covesion.

Middleton continues, "Strategic partnerships are so valuable to companies in the early stages of development, they enable you to move forward and develop relationships within industry. We have met people at NanoKTN events that we now work closely with. We regularly work with local electronics companies that we wouldn't have known were there if we didn't attend the NanoKTN's NanoEntrepreneurs Group event. It is these partnerships that have resulted in the company's sales increasing by 85% in the last year."

"It is unique and versatile technologies, like those offered by Covesion that we need to invest in. Covesion is the only company in Europe offering this type of technology and with the vast number of applications it can be used in, it is vital that we support it. Covesion is working within an annual billion dollar market and there is no doubt it is going to bring huge wealth to the UK," says Alec Reader, Director at the NanoKTN.

Further information about the NanoKTN can be found on the website at www.nanoktn.com.

For more information about the services offered by Covesion, visit www.covesion.com.

####

About NanoKTN
The mission of the Nanotechnology Knowledge Transfer Network (NanoKTN) is to encourage and support organisations to collaborate and share knowledge with key partners in attractive end user markets to achieve growth of the UK nanotechnology sector.

For more information, please click here

Contacts:
NanoKTN
PETEC
Thomas Wright Way
NETPark
Sedgefield
TS21 3FG

Tel: 01740 625 790

Copyright © NanoKTN

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

Iranians Present Model to Predict Photocatalytic Process in Removal of Pollutants October 30th, 2014

Production of Biocompatible Polymers in Iran October 30th, 2014

Amorphous Coordination Polymer Particles as alternative to classical nanoplatforms for nanomedicine October 30th, 2014

Nanosafety research – there’s room for improvement October 29th, 2014

Display technology/LEDs/SS Lighting/OLEDs

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

QD Vision Wins Prestigious Presidential Green Chemistry Challenge Award from the U.S. Environmental Protection Agency October 16th, 2014

Beyond LEDs: Brighter, new energy-saving flat panel lights based on carbon nanotubes - Planar light source using a phosphor screen with highly crystalline single-walled carbon nanotubes (SWCNTs) as field emitters demonstrates its potential for energy-efficient lighting device October 14th, 2014

Aledia’s Nanowire LED Technology Endorsed By 2014 Physics Nobel Prize Winner: Hiroshi Amano Serves on Company’s Scientific Advisory Board October 13th, 2014

Govt.-Legislation/Regulation/Funding/Policy

'Electronic skin' could improve early breast cancer detection October 29th, 2014

New solar power material converts 90 percent of captured light into heat: SunShot Project aims to make solar cost competitive October 29th, 2014

Tiny carbon nanotube pores make big impact October 29th, 2014

Microrockets fueled by water neutralize chemical and biological warfare agents October 29th, 2014

Announcements

Iranians Present Model to Predict Photocatalytic Process in Removal of Pollutants October 30th, 2014

Production of Biocompatible Polymers in Iran October 30th, 2014

Amorphous Coordination Polymer Particles as alternative to classical nanoplatforms for nanomedicine October 30th, 2014

Nanosafety research – there’s room for improvement October 29th, 2014

Patents/IP/Tech Transfer/Licensing

Amorphous Coordination Polymer Particles as alternative to classical nanoplatforms for nanomedicine October 30th, 2014

Lomiko Signs Licensing Agreement to Produce and Supply Power Converter Systems to E-Commerce Customers October 29th, 2014

Researchers patent a nanofluid that improves heat conductivity October 22nd, 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

'Electronic skin' could improve early breast cancer detection October 29th, 2014

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

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