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Article: Ion Optics Oversubscribed in First Round of Funding.
- Article from:
- Business Wire
- Article date:
- January 11, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
WALTHAM, Mass.--(BUSINESS WIRE)--Jan. 11, 2001
Ion Optics, Inc. took the next step in commercializing its optical technology platform by closing its first round of private placement financing. The company raised $1.4 million to support prototype development of Ion Optics' optical-based gas sensor made on silicon wafers utilizing MEMS (microelectromechanical systems) technology. The funding round was significantly oversubscribed. Fechtor, Detwiler and Co., Inc. of Boston acted as Ion Optics' investment banker and financial adviser in this private placement. Lead investors include Ardesta, LLC (formerly MEMS Tech) of Ann Arbor, Michigan ...
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Article: ION OPTICS AND JPL WIN NIST/APT AWARD TO DEVELOP ...
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...Ion Optics, Inc. (Waltham, MA, 781-788 ... ATP and the remainder is provided by Ion Optics. The "sensor-on-a-chip" will ... would be extended by several years. Ion Optics underscores that he ATP award will allow ...
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