GenArts, an MIT spinoff that provides specialized visual effects software, introduced its GenArts Sapphire 5 for Adobe After Effects on Thursday, May 27. The new product brings Adobe CS5 compatibility to Sapphire 5, which was unveiled at NAB in April 2010. [press release]
Archive for June, 2010
Gevo, a Caltech spinoff focusing in renewable chemicals and advanced biofuels, closed a round of funding led by specialized chemicals company LANXESS on Wednesday, May 26. As a result of this funding, Dr. Ron Cammander, head of LANXESS Group’s Butyl Rubber Business Unit since 2004, will have a board seat at Gevo. [press release]
Ember, an MIT spinoff that develops wireless mesh networking technology, announced on Monday, May 24, that it would be previewing its new IP-based low powered, wireless networking product. The new product was described as a “significant step” in Ember’s plans to deliver native IP support for smart energy devices in 2010.
RE2, a CMU spinoff developing mobile manipulation systems, announced on Monday, May 24, that it has been awarded a Phase I SBIR grant. The grant, awarded by the U.S. Army Tank and Automotive Research, Development and Engineering Center (TARDEC), will be used to design a Semi-Autonomous Manipulation System (SMS) consisting of a dexterous manipulator, intelligent end-effectors, visual tracking system, and intuitive graphical and speech user interface. [press release]
Quantapoint, a CMU spinoff that develops 3D laser scanning technology and services, announced a joint venture with local Nigerian investors on Monday, May 24, to create Quantapoint Nigeria, Ltd. The new company, led by Chairman Dr. Ezekiel Ainabe, will focus on Nigeria and West Africa. [press release]
QD Vision, an MIT spinoff that creates highly differentiated lighting and displays solutions, announced on Monday, May 24, that it had purchased a patent portfolio from Motorola. The portfolio, which included U.S. Patent No. 5,42,254 of Jaskie, pertains to the use of quantum dot technology in display and lighting products. Before this acquisition, QD Vision already had nine issued patents and mroe than 130 patents pending from both MIT and QD Vision. [press release]
Firetide, an MIT spinoff focusing on wireless infrastructure mesh networks, announced its new firetide Wireless Bridge 100 (FWB-100). The bridge, which is software configurable for 2.4, 5, and 4.9 GHz, is available in two outdoor configurations. Pricing for the FWB-102, consisting of two FWB-100 nodes with 2.4-GHz antennas, starts under $1,000. Pricing for the FWB-105, consisting of two antennas for 4.9 and 5 GHz, starts under $1,500. [press release]