Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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

Scientists synthesize nanoparticle-antioxidants to treat strokes and spinal cord injuries January 16th, 2018

New catalyst for hydrogen production is a step toward clean fuel: Carbon-based nanocomposite with embedded metal ions yields impressive performance as catalyst for electrolysis of water to generate hydrogen January 16th, 2018

'Gyroscope' molecules form crystal that's both solid and full of motion: New type of molecular machine designed by UCLA researchers could have wide-ranging applications in technology and science January 16th, 2018

The nanoscopic structure that locks up our genes January 16th, 2018

Display technology/LEDs/SS Lighting/OLEDs

Chinese market opens up for Carbodeon nanodiamonds: Carbodeon granted Chinese Patent for Nanodiamond-containing Thermoplastic Thermal Compounds December 4th, 2017

Graphene oxide making any material suitable to create biosensors: Scientists from Tomsk Polytechnic University have developed a new tool for biomedical research focused on single-cell investigation November 27th, 2017

The next generation of power electronics? Gallium nitride doped with beryllium: How to cut down energy loss in power electronics? The right kind of doping November 9th, 2017

Atomic scale Moiré patterns to push electronic boundaries? November 1st, 2017

Govt.-Legislation/Regulation/Funding/Policy

'Gyroscope' molecules form crystal that's both solid and full of motion: New type of molecular machine designed by UCLA researchers could have wide-ranging applications in technology and science January 16th, 2018

The nanoscopic structure that locks up our genes January 16th, 2018

New exotic phenomena seen in photonic crystals: Researchers observe, for the first time, topological effects unique to an “open” system January 12th, 2018

'Decorated' stem cells could offer targeted heart repair January 11th, 2018

Announcements

Scientists synthesize nanoparticle-antioxidants to treat strokes and spinal cord injuries January 16th, 2018

New catalyst for hydrogen production is a step toward clean fuel: Carbon-based nanocomposite with embedded metal ions yields impressive performance as catalyst for electrolysis of water to generate hydrogen January 16th, 2018

'Gyroscope' molecules form crystal that's both solid and full of motion: New type of molecular machine designed by UCLA researchers could have wide-ranging applications in technology and science January 16th, 2018

The nanoscopic structure that locks up our genes January 16th, 2018

Patents/IP/Tech Transfer/Licensing

IBM Breaks Records to Top U.S. Patent List for 25th Consecutive Year: IBM Inventors Receive Record 9,043 Patents in 2017 in Areas such as Artificial Intelligence, Cloud, Blockchain, Cybersecurity and Quantum Computing January 11th, 2018

A new product to help combat mouldy walls, thanks to technology developed at the ICN2 December 14th, 2017

Chinese market opens up for Carbodeon nanodiamonds: Carbodeon granted Chinese Patent for Nanodiamond-containing Thermoplastic Thermal Compounds December 4th, 2017

Picosun’s ALD nanolaminates improve lifetime and reliability of electronic circuit boards October 24th, 2017

Alliances/Trade associations/Partnerships/Distributorships

New era in high field superconducting magnets – opening new frontiers in science, nanotechnology and materials discovery January 9th, 2018

Leti Field Trials Demonstrate New Multicarrier Waveform for Rural, Maritime Broadband Radio: Field Trial in Orkney Islands Used New Filtered Multicarrier Waveform at 700MHz Band with Flexible Bandwidth Usage (Fragmented and Continuous Spectrum) December 18th, 2017

A new product to help combat mouldy walls, thanks to technology developed at the ICN2 December 14th, 2017

JPK Instruments announce partnership with Swiss company, Cytosurge AG. The partnership makes Cytosurge’s FluidFM® technology available on the JPK NanoWizard® AFM platform December 8th, 2017

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