Archive for the ‘Maryland spinoffs’ Category

VisiSonics (Maryland) Ships Cameras (11/29/2010)

December 13, 2010

VisiSonics develops technology in the areas of audio/visual algorithms, machine vision, applied supercomputer applications for uses such as architectural acoustics and teleconferencing. The company was co-founded by University of Maryland Computer Science Professor (and VisiSonics CEO) Ramani Duraiswami, his research assistant (and VisiSonics CTO) Adam O’Donovan, and Bill Strum.

From the company’s press release:
On November 29th 2010 VisiSonics shipped two complete RealSpace™ 5/64 Panoramic Audio Visual Camera (VSRS-5/64) systems. One going to The Naval Research Laboratory (NRL) the other going to a research lab at the University of Graz in Austria. read full press release


Zymetis (Maryland) Announces Genencor Partnership

October 5, 2010

Zymetis, Inc. is a University of Maryland biotechnology discovery spinoff company developing products for the emerging bio-refining and white chemistry industries.

Zymetis announced recently that Genencor, a division of Danisco A/S, has initiated an effort to explore novel methods for producing biochemicals directly from biomass feedstocks through use of the unique marine microorganism under development by Zymetis. Terms of the agreement were not disclosed.

“Aligning with Genencor, a leader in Industrial Biotechnology, helps us accomplish three corporate goals at once,” said Scott Laughlin, CEO of Zymetis. “First, it provides an opportunity to validate our technologies. Second, it offers a concrete commercialization path. And third, it provides the foundation for other key strategic alliances for us in the biochemicals industry.”