Vancouver, BC, July 20, 2020 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading manufacturer of fiber optic measurement solutions, is pleased to announce its strategic partnership with Fisens GmbH (“FiSens”) via an exclusive worldwide license and distribution agreement for Fiber Bragg Grating (FBG) sensor solutions in the semiconductor industry and a non-exclusive distribution license outside the semiconductor industry.
This agreement gives Photon Control an exclusive license to FiSens products and patented technology for semiconductor applications and forms an important part of its previously announced growth strategy. Fisens’ disruptive technology enables their FBG sensor solution to achieve the smallest form factor in the market while maintaining high quality and performance and furthers Photon Control’s strategy to expand its product and technology portfolio. The partnership will also leverage Photon Control’s fiber optic sensing expertise and experience in the semiconductor industry to introduce new and innovative products to the market, adding to Photon Control’s sensor offerings for wafer fabrication equipment used in critical process steps such as etch and deposition.
“The partnership with FiSens is another key milestone in our growth strategy of broadening our product lines and addressable markets with differentiated technologies,” said Nigel Hunton, Chief Executive Officer. “We are delighted with the initial results of our development with FiSens and foresee great opportunities for this type of technology in the semiconductor and non-semiconductor industries.”
About Photon Control Inc.
Photon Control Inc. designs, manufactures and distributes a wide range of optical sensors and systems to measure temperature and position. These products improve performance and enable innovation for our customers and are used in the semiconductor and other high-technology industries. Photon Control Inc.’s high-quality products provide industry-leading accuracy, reliability and quality in the most extreme conditions and are backed by a team of experts providing a variety of on-site and remote services including custom design, installation, training and support. The Company is headquartered in an ISO 9001:2015 manufacturing facility in Vancouver, BC, has sales and engineering offices in California and a sales distribution network around the globe. Photon Control Inc. is listed on TSX, trading under the symbol ‘’PHO.” Additional information about the company can be found at https://www.photoncontrol.com/investors/.
FiSens, which was founded in 2017, is a spin-off from the Fraunhofer Heinrich-Hertz-Institute and formerly funded by the Photonics Incubator. The founding team brings over 10 years of experience in fiber optic sensing and femtosecond laser physics and has developed innovative spectrometer and fiber optic sensor systems. These products accurately measure strain, temperature, and pressure while maintaining immunity from electromagnetic interference, enabling customers in the industrial, renewable energy, infrastructure, and power markets to monitor their assets safely and accurately. Additional information about the company can be found at https://fisens.com/.
A fiber bragg grating (FBG) is a microstructure that is inscribed into the core of an optical fiber that is used to accurately detect changes in physical properties such as strain and temperature. This technology can be used as a sensor and one of the main advantages is its ability to be multiplexed along a single optical fiber resulting in a distributed sensing solution. An FBG sensor solution can have hundreds of sensors on a single fiber over long distances, with each FBG independently sensing specific parameters. This unique technology is used in the utilities, industrial, automotive, aerospace, and renewable energy markets to provide accurate and reliable measurements to enable improved asset health management and smarter monitoring of critical systems.
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